ArmInfo.Trade turnover in Armenia in January 2021 to the same period in 2020 decreased by 15.1% against growth by 10.3% a year earlier, amounting to 187 billion drams ($ 358.6 million).
According to the Statistical Committee of the Republic of Armenia, this trend is due to a sharp change from a positive trend to a negative one in retail, wholesale and car trade. In particular, wholesale trade in January showed an annual decline of 12.1% - to 89.1 billion drams, against an increase of 8.8% a year earlier.
The volume of purchase / sale of cars in January decreased by 50.3% y / y, against growth by 33.2% a year earlier, amounting to 4.9 billion drams.
And the retail trade turnover in January 2021 against the same period of 2020 decreased by 14.7% (against an increase of 10.1%), amounting to 92.9 billion drams.
In the structure of retail trade, the largest turnover is provided by stores (including supermarkets) - 76.3% or 70.8 billion drams (with an annual decline of 15.5%), other retail facilities - 15.8% or 14.7 billion drams (with an annual decline of 8.6%), followed by consumer goods markets - 5.2% or 4.8 billion (with an annual decline of 14.6%), stalls and kiosks - 1.8% or 1.6 billion (with an annual decline of 34.4%) and agricultural markets - 0.9% or 851.4 million (with an annual growth of 11.9%). In the structure of the total trade turnover of Armenia in January 2020, retail trade dominates - 49.7%, the share of wholesale is 47.6%, and the remaining 2.7% falls on the purchase / sale of cars. The average calculated AMD exchange rate was 521.20 AMD / $ 1 in January 2021, against 479.21 AMD / $ 1 in January 2020.
