ArmInfo. The trade sector of Armenia in January-October 2020 showed a decline of 12.5% (against 8.9% growth a year earlier), providing a turnover of 2.3 trillion. drams ($ 4.7 billion). And only in October 2020, the trade turnover in Armenia decreased by 13.4% (against a 1.7% decline in the previous year), amounting to 234.3 billion drams ($ 476.4 million).
As the data of the Statistical Committee of the Republic of Armenia testify, this tendency is due to the decline in wholesale and retail trade, and the continued downward trend in the car trade.
According to statistics, the revenue of wholesale trade in January-October 2020 decreased by 8% (against growth by 11.1% a year earlier), amounting to 1.168 trillion drams ($ 2.4 billion). The volume of purchase / sale of cars in January-October 2020 decreased by 29.1% (against 12.1% decline in the previous year), amounting to 75.2 billion drams ($ 155 million). And the retail trade turnover in January-October 2020. dropped by 15.7% (against growth by 8.7% a year earlier), amounting to 1.033 trillion. drams ($ 2.1 billion).
In the structure of retail trade, the largest turnover is provided by stores (including supermarkets) - 80.6% or 832.7 billion drams (with an annual decline of 15.1%), other shopping facilities - 12.6% or 130.8 billion drams (from annual decline by 17.1%), followed by consumer goods markets - 3.9% or 40.4 billion (with an annual decline of 22.1%), stalls and kiosks - 1.9% or 19.3 billion ( with an annual decline of 24.9%) and agricultural markets - 1% or 9.9 billion (with an annual decline of 3.3%). Wholesale trade dominates in the structure of the total trade turnover of Armenia - 51.3%, followed by retail trade - 45.4%, and the share of purchase / sale of cars accounts for only 3.3%. The average settlement rate of AMD to USD was AMD 491.74 / $ 1 in October 2020, AMD 484.96 / $ 1 in January-October 2020, against AMD 476.30 / $ 1 in October 2019 and AMD 481 / $ 1 in January-October 2019