In 2019, cross-border online retail spending in Latin America amounted to approximately 29.4 billion U.S. dollars and is expected to reach up close to 52 billion dollars by 2023. However, the growth in e-commerce expenditure by consumers in the region is not exclusive to cross-border purchases and is forecasted to increase by over 72 percent the domestic spending within this period.
Domestic and cross-border e-commerce spending in Latin America from 2019 to 2023
(in billion U.S. dollars)
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EBANX. (December 15, 2020). Domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1058287/domestic-cross-border-e-commerce-spending-latin-america/
EBANX. "Domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 (in billion U.S. dollars)." Chart. December 15, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1058287/domestic-cross-border-e-commerce-spending-latin-america/
EBANX. (2020). Domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1058287/domestic-cross-border-e-commerce-spending-latin-america/
EBANX. "Domestic and Cross-border E-commerce Spending in Latin America from 2019 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Dec 2020, https://www.statista.com/statistics/1058287/domestic-cross-border-e-commerce-spending-latin-america/
EBANX, Domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1058287/domestic-cross-border-e-commerce-spending-latin-america/ (last visited November 23, 2024)
Domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 (in billion U.S. dollars) [Graph], EBANX, December 15, 2020. [Online]. Available: https://www.statista.com/statistics/1058287/domestic-cross-border-e-commerce-spending-latin-america/
