ArmInfo. In 2021, the turnover of Armenia`s trade sector totaled AMD 3,900bln ($6.7bln) - a 7.5% increase against a 14% decrease in 2020.
According to the RA Statistical Committee, the cause is an upward trend in the trade in cars, whole and retail sales in general.
Last December alone, Armenia`s trade turnover totaled AMD 389.5bln ($802.8mln) - 20.6% growth. Growth in the retail, wholesale trade and the trade in cars accounts for the growth in Armenia's trade sector.
In 2021, retail trade totaled AMD 1,400bln ($2.8bln) - a 1.6% increase against a 17.3% decline in 2020.
In the retail trade structure, shops (including supermarkets) recorded the largest turnover - AMD 1.1bln or 78.2% (with a 2.2% year-on-year decline), with other sales outlets recording a turnover of AMD 208.8bln or 14.4% (20.1% year-on-year growth). Consumer markets recorded a turnover of AMD 68.9bln or 4.8% (23.5% year-on-year growth). Stalls and stands reported AMD 22.2bln or 1.5% (a year-on-year decline of 10.7%), and agricultural markets, AMD 16.3bln or 1.1% (17.4% year-on-year growth).
Wholesale trade totaled AMD 1,800bln ($3.6bln) - a 12.2% annual growth against a 9% decline in 2020.
In 2021, the car trade totaled AMD 118.8bln ($235.9mln) - 15.7% growth against a 35.5% decline in 2020.
Wholesale trade dominates Armenia's trade turnover (53.7%), followed by retail trade (42.8%) and car trade (3.5%).
The average AMD/USD exchange rate was AMD 485.14/$1 last /December, and AMD 503.77/$1 in 2021.
