ArmInfo.In January-May 2021, the trade sector of Armenia with a volume of 1.187 trillion drams ($ 2.2 billion), grew by 7.4% per annum (from a 10.8% decline a year earlier), slightly falling short of 9.4% growth in the same period of 2019. According to the Statistical Committee of the Republic of Armenia, the upward trend is due to the growth in retail and wholesale trade, in parallel with which there is a noticeable slowdown in the decline in car trade.
At the same time, in May 2021 alone, the trade sector showed an increase of 6%, with a volume of 268.2 billion drams ($ 514.5 million) secured.
According to statistics, wholesale trade increased in January-May by 13.1% to 629.3 billion drams, against a decline of 8.1% a year earlier. In May 2021 alone, the wholesale trade turnover in Armenia increased by 5.6% to 148.9 billion drams. Retail trade increased its revenue in January-May by 2% per annum to 523 billion drams, against a 13.4%
decline a year earlier. In May alone, the retail trade turnover increased by 5.4% to 110 billion drams.
In the structure of retail trade, the largest turnover is provided by shops (including supermarkets) - 402.5 billion drams or 77% (with a y-o-y decline of 2.6%), other retail facilities - 78.3 billion drams or 15% (with a y-o-y growth by 18.4%), followed by consumer goods markets - 27.2 billion or 5.2% (with a y-o-y growth of 54.2%), stalls and kiosks - 9.3 billion or 1.8% (with a y-o-y a decline of 18.6%) and agricultural markets - 5.5 billion or 1% (with y-o-y growth of 29.9%).
The volume of purchase / sale of cars in January-May 2021 decreased by 3.5% to 34.7 billion drams, against a decline of 11.7% a year earlier. At the same time, on a monthly basis, the proceeds from the purchase / sale of cars increased by 22.3% to 9.3 billion drams.
In the structure of the total trade turnover of Armenia, the share of wholesale trade is 53%, retail - 44.1%, and the remaining 2.9% falls on the share of purchase / sale of cars.
