PSA Resolution No. 15 Series of 2015 on Approving and Adopting the 2015 Philippines Standard Commodity Classification

REP UBLIC O F THE PHILlP PlNES ------------------------------------------------------------------------------------------------------------ PHILIPP INE STATIST ICS AUTHORITY PSA Resolution No. 15 Series of 2015 APPROVING AND ADOPTING THE 2015 PHILIPPINE STANDARD COMMODITY CLASSIFICATION WHEREAS , standard classification systems are used to achieve uniformity and comparability of statistics generated at the national and international levels; WHEREAS, the Philippine Statistics Authority (PSA) develops and prescribes uniform standards and classification systems in the generation of official statistics to ensure harmonization of statistics in the country and at the international level; WHEREAS , one of the classification systems being maintained by the PSA is the Philippine Standard Commodity Classification (PSCC), which is based on the ASEAN Harmonized Tariff Nomenclature (AHTN) and Harmonized Commodity Description and Coding System (HS) issued by the World Customs Organization (WCO); WHEREAS, the PSCC is regularly monitored vis-a-vis significant changes that take place on various commodities in the country; WHEREAS , the 2004 PSCC was based on the 2004 AHTN and 2002 HS issued by the WCO; WHEREAS , the WCO issued the 2012 HS in January 2012 in order to reflect new and significant commodities; WHEREAS, the Philippines, as member of the Association of Southeast Asian Nations (ASEAN), approved the adoption of the 2012 AHTN prepared by ASEAN Member States through National Economic and Development Authority (NEDA) Board Resolution No. 6, Series of 2012, issued on September 18, 2012; WHEREAS, the PSA Technical Committee on Statistical Standards and Classifications (TC-SSC), through its Technical Working Group on Standard Commodity Classification (TWG-SCC), has reviewed and recommended the 2015 Philippine Standard Commodity Classification (PSCC) which is aligned with the 2012 AHTN and 2012 HS, taking into account the significant changes on the relative importance of various commodities in the country that have taken place since 2004; Page 1 of 2 NOW, THEREFORE, BE IT RESOLVED, that the PSA Executive Board approve the 2015 PSCC, for adoption by concerned government agencies and instrumentalities. Approved this 28th day of December 2015, in Pasig City. !~- .\ ,\ ~ . ARSENIO J. BALISACAN PSA Board Chairperson and Socioeconomic Planning Secretary and Director General, NEDA Attested by: k~t~~ LISA GRACE S. BERSALES National Statistician and Civil Registrar General Chairperson, PSA Board Secretariat )<;.,. 1f Page 2 of 2