Wednesday, May 7 2025 17:36
Alina Hovhannisyan

In Q1 2025, Armenia`s trade sector generated $3.4 billion in revenue

In Q1 2025, Armenia`s trade sector generated $3.4 billion in revenue

ArmInfo.n Q1 2025, Armenia's  trade sector revenue slowed in annual growth from 26.5% to 6%,  amounting to 1.31 trillion drams ($3.4 billion). According to  data from the Statistical Committee of the Republic of Armenia, in March of this year, trade turnover in Armenia increased by 16.9%, reaching  521 billion drams ($1.3 billion).

In particular, wholesale trade in Q1 2025 slowed in annual growth,  dropping from 39.8% to 5.9%, generating revenue of 874 billion drams,  and retail - from 9.3% to 5%, providing revenue of 417 billion drams.  During the same period, the volume of  car purchases/sales shifted  from an 8% decline towards a 15.2% decline, totaling 52.7 billion  drams. Within retail trade, shops (including supermarkets) accounted  for the largest turnover at 82.5% or 344.1 billion drams (with an  annual growth of 4.8%), other retail outlets - 11.4% or 47.6 billion  drams (with an annual growth of 8.6%), followed by consumer goods  markets - 3.8% or 16 billion (annual growth of 0.7%), kiosks - 1.3%  or 5.5 billion (annual decline of 1.3%), and agricultural markets -  1% or 3.7 billion annual growth of 7.9%). Wholesale trade dominates  the overall trade turnover of Armenia at 65%, followed by retail -  31%, with the remaining 4% attributed to the purchase/sale of cars.  The average exchange rate of the dram in January-March 2025 was AMD  395.42 /$1, and in March - AMD 392.78/$1.