physical goods vs commodity

physical goods and commodity both are nouns.

Word	Noun	Adjective	Verb	Adverb
physical goods	Yes	No	No	No
commodity	Yes	No	No	No

As nouns, commodity is a hypernym of physical goods; that is, commodity is a word with a broader meaning than physical goods:

physical goods: any type of good that can be physically touched, acquired to satisfy needs and desires.
commodity: a raw material that is sold in large quantities, usually to other businesses for manufacturing or production purposes

Other hypernyms of physical goods include good, trade good.

physical goods (noun)	commodity (noun)
any type of good that can be physically touched, acquired to satisfy needs and desires.	a raw material that is sold in large quantities, usually to other businesses for manufacturing or production purposes