Sunday, June 7, 2026

Nepomuceno leads BOC to PHP406.365 billion collections, PHP9.3 billion surplus in first five months of 2026

 

 

The Bureau of Customs (BOC), under the leadership of Commissioner Ariel F. Nepomuceno, collected ₱406.365 billion from January to May 2026, generating a ₱9.315 billion surplus over its target and sustaining strong revenue growth despite prevailing trade and market challenges.

 

The collection in the first five months of 2026 exceeded the agency’s target of ₱397.050 billion by 2.3%. The figure also represents an increase of ₱24.629 billion, or 6.5%, compared to collections recorded during the same period in 2025.

 

“Ang mahigit ₱9 bilyong surplus na naitala natin ay patunay na kapag nagtutulungan tayo at ginagawa natin nang tama ang ating trabaho, may malaking ambag tayo sa pag-unlad ng bansa,” Commissioner Ariel F. Nepomuceno said, emphasizing that every peso collected by the BOC helps fund essential government programs and services that directly benefit the Filipino people.

 

The agency attributed its positive performance primarily to improved valuation and enhanced revenue collection measures, which helped offset the impact of lower import volumes during the period.

 

In May 2026 alone, the BOC collected ₱80.664 billion, falling slightly short of its target by ₱1.726 billion, or 2.1%.

 

This was largely due to reduced import volumes of oil and non-oil commodities, as well as the implementation of Executive Order No. 114, s. 2026, which temporarily suspended excise taxes on selected petroleum products.

 

Despite this, the agency still recorded a year-on-year increase of ₱5.007 billion, or 6.62%, compared to ₱75.657 billion collected in May 2025.

 

The Bureau of Customs remains committed to sustaining its revenue collection momentum through enhanced trade facilitation, digital transformation initiatives, strengthened border control measures, and continued efforts to improve operational efficiency in support of the government’s fiscal objectives.

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