Customs collection falls short of full-year target

THE BUREAU of Customs (BoC) on Wednesday said revenue collections rose to P934.4 billion in 2025 but missed its P958.7-billion fullyear target, amid a rice import ban and weak import volumes.

- By Aubrey Rose A. Inosante Reporter

In a statement on Wednesday, the BoC said it booked P934.4 billion in revenues in 2025, up 1.9% or P17.726 billion from the P916.7-billion actual collection in 2024.

However, Customs' full-year collection was 2.53% below its P958.7-billion target.

This marked the second consecutive year that it missed its annual revenue goal.

"This growth was achieved despite the challenges including the lower import volumes, the suspension of rice importation, and global commodity price fluctuations," BoC said.

The government banned rice imports from September to December, as it sought to protect farmers during the harvest season.

"(The year) 2025 was more than numbers or milestones it was a year that showed the Bureau of Customs can transform, proving that integrity, service, and trust are not just ideals, but values we put into action every single day," BoC Commissioner Ariel F. Nepomuceno said in a statement.

Mr. Nepomuceno had earlier flagged slower import activity and corruption scandals as risks to the collection target.

The Development Budget Coordination Committee (DBCC) is now targeting Customs revenues to reach P1.013.8 trillion, P1.072.5 trillion in 2027, and P1.139.9 trillion in 2028.