40% to 50% more e-Commerce in Latin America

The economic crisis hasn't stopped the rapid growth in Internet commercial transactions.

Friday, September 18, 2009

Brazil, Argentina and Mexico report the highest e-commerce growth in Latin America, according to analysts participating in the conference "The next generation Internet V.3.0 Economy".

Despite the crisis, which has forced consumers to reduce their retail purchases, e-commerce has not been affected. On the contrary, it keeps increasing at rates between 40% to 50%.

A Prensalibre.com article reports that "in the Caribbean, we highlight Puerto Rico, Jamaica and Dominican Republic, whereas Costa Rica leads in Central America".

More on this topic

Perspectives for E-Commerce

August 2014

A study by DHL foresees a 10% increase in international e-commerce over the next five years, with China, Mexico and Australia the markets where the greatest growth is expected.

From the study published by DHL:

About the market

According to Euromonitor International, global sales amounted to €616 billion in 2013.

Internet Shopping Increases in Guatemala

October 2013

So far in 2013, internet sales amounted to $80 million, 23% more than in 2012.

This was explained by Jorge Gomez, Guatemalan representative in the Latin American Business Courier Confederation. During 2012 Guatemala's eCommerce activities reported revenue of $65 million.

Your Company Still Does Not Sell Online?

May 2012

The change in the way that consumers relate to companies that provide services and products is deepening.

E-commerce in Latin America grew by 42.8% between 2010 and 2011, generating an expenditure of $43 billion, which is double the sales in 2009, according to a survey on Electronic Commerce in Latin America conducted by AméricaEconomía Intelligence, and commissioned by Visa.

$58 million in e-commerce in Guatemala

September 2008

Internet sales have increased in Guatemala, although only 3.3% of the populations makes purchases online.

Guatemalan internet users spend $58 million shopping online in 2007, according to a study on e-commerce (B2C) in Latin America presented by VISA and carried out by América Economía Intelligence.

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