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Andorra's Import Customs Revenues Drop 5.8% to €51.9 Million in Q1 2025

Tobacco collections fell 10.5% quarterly and 24.9% in March, while beverages declined 19.5%; fuel dipped 4.2% but other goods rose 1.5% after road reopening.

Synthesized from:
Diari d'AndorraARAAltaveu

Key Points

  • Andorra's Q1 2025 import customs revenues fell 5.8% to €51.9M from €55.2M in 2024.
  • Tobacco collections dropped 10.5% quarterly to €20.4M, with March down 24.9% to €6.69M.
  • Beverages declined 19.5% to €1.85M; fuel dipped 4.2% to €13.8M.
  • Other goods rose 1.5% to €15.9M after RN-20 road reopening.

Customs revenues from imports in Andorra fell 5.8% in the first quarter of 2025, reaching €51.9 million compared to €55.2 million in the same period of 2024, data published Thursday by the Department of Taxes and Borders shows.

The March figure drove the quarterly decline, with €18.7 million collected—a 4.4% drop from €19.6 million the year before. Tobacco products weighed heaviest on the results, posting €20.4 million for the quarter, down 10.5% from €22.77 million in early 2024. March collections in this category slumped 24.9% year-on-year to €6.69 million, compared to over €8.9 million in March 2024 and a sharper 36.2% drop from two years prior. February's stronger performance failed to offset the renewed weakness.

Beverages generated €1.85 million over three months, a 19.5% decrease from €2.29 million last year, with March at €658,000—a 12.2% monthly fall and just 1.1% below March 2024 after a steeper 36.4% drop the prior month.

Fuel imports totaled €13.8 million, 4.2% lower than €14.4 million in 2024, though March rose 10.3% to €5.1 million amid recent price hikes.

The sole bright spot came from "other goods," which climbed 1.5% to €15.9 million from €15.7 million. March jumped 18.2% to €6.25 million—up 27.2% from the previous year—following the reopening of the RN-20 road after a landslide. Officials attribute some pressure on beverages and fuels to those earlier disruptions.

The pattern underscores persistent pressures, especially in tobacco sales, as 2025 gets underway.

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