BOC ACHIEVES RECORD ₱325.8B REVENUE FOR FIRST FOUR MONTHS OF 2026

​The Bureau of Customs (BOC) announced on Monday that it amassed a record-breaking ₱325.81 billion in revenue from January to April 2026, marking a significant milestone in the agency’s fiscal performance.

​Surpassing its initial target of ₱314.66 billion by approximately 3.5%, the bureau’s year-to-date collection also reflected a 6.4% increase compared to the same period in 2025. This surge was bolstered by a standout performance in April, where collections reached a record ₱86.4 billion—exceeding last year’s April figures by 15.7%.

​Customs Commissioner Ariel Nepomuceno attributed the robust growth to a combination of enhanced valuation techniques, more rigorous monitoring, and the ongoing shift toward digital customs processing.

​“This is our highest year-to-date surplus on record for the last 10 years, and it reflects the discipline, integrity, and consistency of our personnel across all ports,” Nepomuceno said.

​The bureau previously noted that while revenue is up, it faces a potential annual loss of nearly ₱5 billion due to the removal of excise taxes on LPG and kerosene. Despite this, the agency has maintained its momentum, starting the year with ₱80.74 billion in January.

​The record figures bring the bureau closer to the ambitious ₱1.003 trillion revenue target for 2026. Finance Secretary Frederick Go challenged the agency in February to break the ₱1 trillion barrier for the first time in history, expressing confidence that leadership stability and trade rebounds would finally push the BOC past the “elusive” threshold.

Leave a Reply

Your email address will not be published. Required fields are marked *