BOC exceeds Jan collection target by 7%

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  • Bureau of Customs collection for January reached P47.143 billion, 7% higher than the P44.092-billion target
  • Eleven of 17 collection districts surpassed their January revenue goals

The Bureau of Customs (BOC) collected P47.143 billion in January, higher by 7% than the P44.092-billion target.

Of the 17 collection districts, 11 surpassed their January 2021 targets, according to a preliminary report from BOC’s Financial Service. These are the Port of Manila, Ninoy Aquino International Airport, Batangas, Legazpi, Iloilo, Tacloban, Cagayan de Oro, Zamboanga, Davao, Subic, and Clark.

In 2020, BOC collected a total of P539.660 billion in revenues, surpassing its annual target of P506.150 billion by 6.6%. The 2020 revenue was, however, 14.4% lower than the P630.571 billion collected in 2019.