Cross-border e-commerce in Latin America increased by around 30 percent in 2019, but it is set to decrease by nine percent in 2020. However, domestic online spending in the region is anticipated to grow each year within the given time span, including a forecast increase of 16 percent in 2021 and 2022. By 2023, over 255 billion U.S. dollars of Latin America's online spending is expected to be domestic.
Change in domestic and cross-border e-commerce spending in Latin America from 2019 to 2023
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EBANX. (December 15, 2020). Change in domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1203043/domestic-cross-border-e-commerce-spending-changes-latin-america/
EBANX. "Change in domestic and cross-border e-commerce spending in Latin America from 2019 to 2023." Chart. December 15, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1203043/domestic-cross-border-e-commerce-spending-changes-latin-america/
EBANX. (2020). Change in domestic and cross-border e-commerce spending in Latin America from 2019 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1203043/domestic-cross-border-e-commerce-spending-changes-latin-america/
EBANX. "Change in Domestic and Cross-border E-commerce Spending in Latin America from 2019 to 2023." Statista, Statista Inc., 15 Dec 2020, https://www.statista.com/statistics/1203043/domestic-cross-border-e-commerce-spending-changes-latin-america/
EBANX, Change in domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 Statista, https://www.statista.com/statistics/1203043/domestic-cross-border-e-commerce-spending-changes-latin-america/ (last visited November 21, 2024)
Change in domestic and cross-border e-commerce spending in Latin America from 2019 to 2023 [Graph], EBANX, December 15, 2020. [Online]. Available: https://www.statista.com/statistics/1203043/domestic-cross-border-e-commerce-spending-changes-latin-america/
