Andorra's Import Prices Drop 6.9%, Exports Plunge 24.7% in January 2026

Andorra's import unit prices fell 6.9% in January 2026 compared to the prior year, while export prices dropped 24.7% over the same period, according to the Unit Value Index for Foreign Trade (IVU) data released Thursday by the Department of Statistics.

Month-to-month, imports declined 13.1% from December 2025, with exports sliding 26.1%.

Across end-use categories, annual import price drops included 7.8% for consumer goods, 5.4% for capital goods, and 3.9% for intermediate goods.

Under the Unified International Trade Classification (CUCI), most import categories saw yearly declines. The sharpest included non-edible raw materials (excluding fuels) at 15.6%, animal and vegetable oils, fats, and waxes at 14.9%, and machinery and transport equipment at 13.3%. Articles manufactured chiefly by raw material stood out with a 5.4% rise from January 2025.

By origin, import prices from main partners mostly eased: Spain at 3.3%, France at 6.7%, and the rest of the EU and Great Britain at 22%. Goods from elsewhere in the world edged up 0.1%.

The IVU draws from customs records, capturing values and weights in kilograms for each transaction. Unit values—calculated by dividing total value by quantity—serve as proxies for transaction prices and monitor their shifts. These indices are not strict price measures, though, since changes can reflect volume fluctuations, product variations, or true pricing adjustments.