In 2020, e-commerce sales were estimated to account for 5.6 percent of all retail sales in Latin America. This figure was forecast to continue growing in the following years, surpassing seven percent by 2023. Brazil is the largest online market within this region.
E-commerce share of total retail sales in Latin America from 2018 to 2023
* Starting from the indicated year, figures are forecasts.
Includes products or services ordered using the internet via any device, regardless of the method of payment or fulfillment; excludes travel and event tickets, payments such as bill pay, taxes or money transfers, food services and drinking place sales, gambling, and other vice goods sales.
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Seeking Alpha. (November 8, 2020). E-commerce share of total retail sales in Latin America from 2018 to 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/445865/e-commerce-share-of-retail-sales-in-latam/
Seeking Alpha. "E-commerce share of total retail sales in Latin America from 2018 to 2023." Chart. November 8, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/445865/e-commerce-share-of-retail-sales-in-latam/
Seeking Alpha. (2020). E-commerce share of total retail sales in Latin America from 2018 to 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/445865/e-commerce-share-of-retail-sales-in-latam/
Seeking Alpha. "E-commerce Share of Total Retail Sales in Latin America from 2018 to 2023." Statista, Statista Inc., 8 Nov 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/445865/e-commerce-share-of-retail-sales-in-latam/
Seeking Alpha, E-commerce share of total retail sales in Latin America from 2018 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/445865/e-commerce-share-of-retail-sales-in-latam/ (last visited November 10, 2024)
E-commerce share of total retail sales in Latin America from 2018 to 2023 [Graph], Seeking Alpha, November 8, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/445865/e-commerce-share-of-retail-sales-in-latam/