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Revenue of Armenia's trade sector reached $8.4 billion in six months

News | 2026/08/16 16:02

Revenue of Armenia's trade sector reached $8.4 billion in six months

Armenia's trade sector slowed its annual growth to 0.9%

The revenue of Armenia's trade sector in the first half of 2026 amounted to 3.2 trillion drams ($8.4 billion), reflecting a 0.9% growth compared to the previous year:

In June, the trade turnover increased by 6.3%, reaching 586 billion drams ($1.6 billion):

The slowdown in annual growth of the trade sector was mainly due to a decline in wholesale trade, which fell from 3.4% to 2.2%:

In contrast, retail trade accelerated from 4.6% to 7.1%, generating revenue of 1 trillion drams:

The largest turnover in retail trade is provided by stores (including supermarkets) — 83.5% or 846.8 billion drams:

The average exchange rate of the dram against the US dollar in the first half of 2026 was 374.32 drams/$1:

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