Wednesday, January 11 2017 14:53
Alina Hovhannisyan

In Jan-Nov 2016 trade sector in Armenia demonstrated positive dynamics for the first time in 2016

In Jan-Nov 2016 trade sector in Armenia demonstrated positive  dynamics for the first time in 2016

ArmInfo. In Jan-Nov 2016 versus Jan-Nov 2015, the revenues from the trade sector grew by 0.3% (versus 7.1% decline a year before) to 1.9 trillion AMD ($4 bln), including 190.3 bln AMD ($397.7 mln) in November alone, with a 1.6% drop versus Oct 2016.

The positive trend was due to the improved dynamics in wholesale trade and car trade amid the slackening of the year-over-year retail trade decline. In particular, in Jan-Nov 2016, the wholesale trade grew by 3.1% y-o-y to 792.2 bln AMD ($1.6 bln) versus 3.9% decline a year before. In Jan-Nov 2016, the purchase and sale of cars improved dynamics to 20.3% growth versus the previous 10% drop, and the purchase and sale totaled 81.1 bln AMD ($168.7 mln). In November alone, wholesale trade fell by 1.4% to 75.2 bln AMD, retail trade - by 2.4% to 105.5 bln AMD, while the car trade rose by 5% to 9.6 bln AMD.

According to the National Statistical Service of Armenia, in Jan-Nov 2016 versus Jan-Nov 2015 retail trade fell by 2.9% (versus 8.8% decline a year before) to 1 trillion AMD ($2.2 bln). In the structure of retail trade, the share of stores (including supermarkets) was the biggest - 825.6 bln AMD, or 77.1% (2% year- over-year growth). The share of other trade outlets was 138 bln AMD or 12.9% (24.3% y-o-y decline); the share of consumer markets was 66 bln AMD or 6.2% (2.5% y-o-y decline); the share of stalls was 22.6 bln AMD or 2.3%  (4.4% y-o-y decline), and the share of farm markets made up 16 bln AMD or 1.5% (7.1% y- o-y decline).

In the structure of total trade turnover of Armenia, retail trade made up 55.1%, wholesale trade - 40.7%, and the purchase and sale of cars made up 4.2%. 

 

 

In November 2016, the average AMD/USD exchange rate was 478.52

AMD/$1, and in Jan-Nov 2016 - 480.27 AMD/$1 versus 480.15 AMD/$1 in

Nov 2015 and 474.46 AMD/$1 in Jan-Nov 2015.

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