Friday, January 28, 2022
HomeCustoms & TradeBOC exceeds Nov collection target by 13.4%

BOC exceeds Nov collection target by 13.4%

  • The Bureau of Customs surpassed its November collection goal by 13.39%
  • Twelve of 17 collection districts topped their targets for the month
  • From January to November, BOC already collected 94.7% of its entire 2021 goal

The Bureau of Customs (BOC) collected P58.789 billion in November 2021, 13.39% more than its P51.847-billion monthly target.

Based on the preliminary report from the Financial Service, 12 of the 17 BOC collection districts exceeded their targets for the month: San Fernando, Manila International Container Port, Ninoy Aquino International Airport, Batangas, Legazpi, Iloilo, Tacloban, Zamboanga, Davao, Subic, Clark, and Limay.

From January to November 2021, BOC took in P584.156 billion or already 94.7% of the P616.749 billion total target collection for the whole year.

BOC attributed the performance to improvement in import volume and valuation, intensified collection efforts of all 17 ports, gradual improvement in the economy, reopening of businesses and borders, and government effort to ensure unhampered movement of goods.


Please enter your comment!
Please enter your name here

five × 1 =

- Advertisment -

Most Popular

- Advertisment -