E-commerce market size in Latin America 2023-2027, by country
In 2023, Brazil was the top e-commerce market in Latin America, with a revenue of around 95 billion U.S. dollars. Forecasts indicate that this figure will soar to 150 billion by 2027. Mexico secured the second position with sales amounting to 58 billion dollars, projected to grow to 88 billion within the same timeframe.