Volume and Value of Imports and Exports SOCCSKSARGEN Region: March 2021

Reference Number: 

R12-SR2022 - 001

Release Date: 

Friday, 7 January 2022

Total external trade up
SOCCSKSARGEN Region’s total external trade in goods in March 2021 amounted to USD 208.578 million from USD 158.341 million in March 2020 posting a growth of 31.7 percent. Of the total external trade in March 2021, about 63.2 percent were exported goods.

Trade balance decrease
Balance of trade in goods (BoT-G) is the difference between the value of exports and imports. BoT-G in March 2021 amounted to USD 55.148 million, about 17.3 percent lower than the USD 66.665 million recorded a year ago.

The region’s export sales reached US$131,862,896.00 in March 2021, recording an increase of 17.2 percent from US$112,502,938.00 in March 2020. In the same month of 2021, the overall volume of exports reached 112,829,310 kilograms, up by 42.7 percent from 79,061,795 kilograms in 2020.

Import value rose by 67.4 percent to US$76,715,339.00 in March 2021, from US$45,837,577.00 a year ago. Imports volume totaled to 215,599,915 kilos in March 2021, up from 93,638,357 kilograms the previous year

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