ECONOMY & FINANCE · 3 NOVEMBER 2026 · Radar Inversión
The DNIT collected G. 3,075,239 million in cash in October 2026, down 5.4% from October 2025. The year-on-year difference was G. 176,555 million, according to the official release of 2 November.
Domestic taxes and customs
Domestic tax revenue increased 6.8% year on year to G. 1,686,081 million. Customs collected G. 1,389,158 million, down 17%. The DNIT linked the decline to a stronger guaraní, which lowered the tax base in local currency, and to fewer import transactions.
Year-to-date results
From January to October, collections rose 1.5% year on year to G. 35,952,488 million. The monthly fall leaves year-to-date collections higher.
Exchange rates and business decisions
Editorial update · 5 November 2026. The DNIT partly attributes the customs decline to 19.5% year-on-year appreciation of the guaraní in October, an 11% decrease in the local-currency tax base and a 5.1% fall in the number of import transactions.
Transaction counts do not measure the physical volume of imports. Currency appreciation does not translate automatically into equally large retail price reductions. The effect for importers depends on payment timing, contract currency, inventories and logistics costs. These should be assessed separately in purchasing and budgets. For public finances, track whether domestic taxes continue offsetting weaker customs revenue.
Radar’s analysis: customs receipts are sensitive to exchange rates and imports. Assessing the fiscal impact requires separating valuation effects from changes in real activity and watching upcoming monthly results.
Original conceptual illustration by Radar Inversión.
