MercadoLibre revenue share 2019-2023, by country

Published by
Stephanie Chevalier,
May 22, 2024
MercadoLibre, Inc. has become less reliant on the Brazilian market in terms of revenue. In 2023, Mercado Libre generated about 52.5 percent of its net revenue in Brazil, down from 63.6 percent four years earlier. Concurrently, other markets have grown in importance for the Argentine e-commerce company over the past few years. That is notably the case of Mexico, which accounted for 20.6 percent of Mercado Libre's net revenue in 2023, up from 12 percent in 2019.

Distribution of net revenues generated by MercadoLibre, Inc. from 2019 to 2023, by country

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Release date

February 2024

Region

LAC

Survey time period

2019 to 2023

Supplementary notes

Data prior to 2021 come from previous reporting.
Missing percentage points to 100 percent are probably due to rounding.

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