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Andorra Export Prices Up 2.8% YoY as Imports Flat in March 2026

Andorra's Unit Value Index reveals stable import prices year-on-year in March 2026, contrasted by a 2.8% export price increase. Month-to-month shifts show imports up 4.1% and exports leaping 52.8%, highlighting category-specific trends.

Key Points

  • Imports unchanged YoY in March 2026, up 4.1% from February; exports rose 2.8% YoY, surged 52.8% MoM.
  • Consumer goods imports only category up 1.5% YoY; capital goods down 4.1%, intermediate goods down 3.7%.
  • Largest import declines: non-edible raw materials -19.3%, fuels -7.5%; gains in manufactured articles +5.4%.
  • Imports from Spain +1.1% YoY, France -6.8%; exports show sharper fluctuations than steady imports.

Andorra's import prices showed virtually no change year-on-year in March 2026, while export prices rose 2.8% compared to March 2025, according to the latest Unit Value Index (IVU) data from the Department of Statistics. Month-over-month, imports increased 4.1% from February, and exports jumped 52.8%.

Consumer goods stood out as the only major import category with a year-on-year price rise of 1.5%. Capital goods declined 4.1% annually, and intermediate goods—primarily used in manufacturing—fell 3.7%. Compared to February, consumer and capital goods prices climbed 6.8% and 7.5%, respectively, while intermediate goods dropped 3.5%.

Under the Unified International Trade Classification (CUCI), most import groups recorded price decreases. The largest declines hit non-edible raw materials excluding fuels, down 19.3%, and fuels, mineral lubricants and related products, easing 7.5%. Gains appeared in manufactured articles classified chiefly by raw material, up 5.4%, and chemicals and similar products, rising 4.7%.

By origin, unit prices for imports from Spain increased 1.1%, and those from the rest of the European Union and Great Britain rose 0.8%. Imports from France cost 6.8% less than a year earlier, with products from the rest of the world down 3.4%.

The figures underscore steady import pricing amid sharper export fluctuations. No official analysis of the trends has been released.

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