Andorra Customs Revenues Drop 8.3% in July on Tobacco Slump
Andorra's customs collections declined sharply in July, driven by a 23.9% drop in tobacco taxes amid ongoing volume challenges. Fuel and beverage taxes also fell, though other goods provided a modest offset. Year-to-date revenues are down 6.6%.
Key Points
- Customs revenues fell to €18.47M in July, down 8.3% from 2025 and 37.3% from 2024.
- Tobacco taxes plunged 23.9% to €5.54M, with YTD down 15.7% YoY.
- Fuel taxes dipped 1.8% to €4.77M; beverages fell 5% to €907K.
- Other goods taxes rose 2.7% to €7.25M, providing partial offset.
Andorra's customs revenues fell 8.3% in July to €18.47 million, primarily due to a 23.9% slump in tobacco taxes, according to Finance Ministry data.
The customs authority recorded €18,467,997 in collections for the month, down from €20.15 million in July 2025 and 37.3% below the €29.4 million from July 2024. Year-to-date through seven months, revenues totaled €122,184,219, a 6.6% decline from €130.7 million in 2025 and 24.3% less than the €161 million from the same period in 2024.
Tobacco taxes contributed €5,540,732 in July, reflecting a 23.9% drop from €7.2 million the previous year and a 68.2% decrease from €17.4 million in 2024. The cumulative figure reached €46,046,629, down 15.7% year-over-year and 47.7% from 2024.
Fuel import taxes generated €4,773,467 for the month, a 1.8% reduction compared to 2025 and 3.2% below 2024 levels. The seven-month total stood at €30,462,126, marking a 5% fall from the prior year.
Beverage taxes brought in €906,658.90, 5% lower than €954,830 in July 2025 and 9.9% under the €1 million from 2024. Cumulative collections hit €4,866,749, a 8.1% drop from 2025 and 5.3% from two years prior.
Taxes on other goods offered some relief, climbing 2.7% to €7,247,129 in July—up from €7 million in 2025 and 18.8% above €6.1 million in 2024. The year-to-date total rose 5.3% to €40,808,714 from €38.7 million last year.
Roughly €8 million of July's total derived from the general indirect tax (IGI), with €6 million from customs duties. The figures underscore ongoing tobacco import weakness despite gains elsewhere.
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