Toyota boosts BOC-Batangas H1 tax take with ₱24-B payment

Insider Spotlight

  • Toyota PH led Port of Batangas revenue in H1 2025

  • Paid P24.09B in duties, up 29% from last year

  • Contribution accounts for 35.7% of top importers’ share

Toyota Motor Philippines Corp. (TMP) emerged as the top revenue contributor to the Bureau of Customs–Port of Batangas (BOC-POB) in the first half of 2025, remitting P24.09 billion in duties and taxes.

The figure represents a 29-percent jump from the same period in 2024, underscoring the company’s role in strengthening the country’s trade revenues.

By the numbers

The BOC-POB disclosed during its 68th Founding Anniversary celebration on Aug. 20 in Batangas City that TMP’s payments accounted for 35.7 percent of the revenue share among the port’s top 10 importers. 

District collector Carmelita M. Talusan reported that total collections reached P145.05 billion as of Aug. 19, an 11.6-percent increase year-on-year.

Motor vehicles and fuel products remain the port’s top revenue drivers, affirming Batangas’ pivotal role in the automotive and energy supply chains.

From left: Bureau of Customs-Port of Batangas district collector Carmelita Talusan, Customs Commissioner Ariel Nepomuceno, Toyota Motor Philippines Corp. SVP Dennis Ben-Hur Escuro, TMP VP Arlene Guico, and Finance Undersecretary for Revenue Operations Group Atty. Charlito Martin Mendoza during the recognition ceremony for the BOC-POB Top 10 Importers./ Contributed photo

Why it matters

TMP’s performance reinforces its status as a trusted trade partner. It is among the select companies accredited as an Authorized Economic Operator Level 2 by the BOC—a recognition that allows for faster customs clearance and dedicated processing lanes. This streamlines the flow of imported vehicles, production parts, and service components.

The bigger picture

As Philippine motorization continues to expand alongside economic growth, TMP’s Batangas Vehicle Center, located just six kilometers from the port, plays a critical role in improving delivery efficiency of Toyota and Lexus units. 

The hub supports not only vehicle distribution but also parts and service logistics, aligning with the government’s push for smoother trade facilitation. —Ed: Vanessa Hidalgo

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Wednesday, 27 August 2025
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