Andorra Customs Revenue Dips 6.5% to €222.6M in 2025
Despite a yearly decline from 2024, revenue rose over 2023 levels, buoyed by a late tobacco surge that offset earlier tax hike impacts.
Key Points
- Total revenue: €222.6M, down 6.5% from €238M in 2024, up 4.4% from 2023.
- Tobacco revenue: €89M, -19.4% YoY but +6.2% vs 2023; Q4 up 157% to €26.73M.
- Dec revenue: €19.1M (+33%), tobacco €6.5M (+101%), fuel €5.1M (+8%).
- Fuel steady at €55.43M; other goods +9.4% to €69.2M; beverages +1.8%.
Andorra's customs revenue for 2025 totaled €222.6 million, a 6.5% decline from €238 million in 2024 but a 4.4% increase over €213.2 million in 2023. The drop was moderated by a sharp tobacco rebound in the final four months, offsetting earlier weakness from 2023 tax hikes and stockpiling effects.
Imports remained subdued through August, with revenues nearly 20% below 2024 levels that month, largely due to tobacco. July's tobacco collections fell almost 38%. The recovery began in September, as stockpiling eased and imports normalized. Tobacco revenue for September to December surged 157% to €26.73 million, from €10.39 million in the same period of 2024.
December highlighted the turnaround, with overall customs revenue reaching €19.1 million, up 33% from €14.3 million the year before. Tobacco contributed €6.516 million, a 101.2% jump from €3.2 million. Fuel taxes brought in €5.1 million, an 8% rise, while other goods generated €6.6 million, up 19.6%. Beverages edged down 0.5% to €802,765.
Annually, tobacco yielded €89.03 million, down 19.4% from €110.47 million in 2024 but 6.2% above €83.85 million in 2023, signaling a stabilization. Beverages increased 1.8% to €8.9 million from €8.77 million. Fuel held steady at €55.43 million. Other goods rose 9.4% to €69.2 million from €63.3 million.
Original Sources
This article was aggregated from the following Catalan-language sources: