South American Real Estate News

Retail eCommerce sales near USD $ 50 Billion in Latin America

Post available in: English

Retail eCommerce sales in Latin America are growing at a rapid pace, according to eMarketer estimates. Based on the latest figures for total and digital retail around the world, eCommerce sales in the region will reach nearly USD$50 billion this year, an increase of 23.9%.

Nearly USD $20 billion in sales will come from Brazil alone, where eCommerce also makes up a greater share of the total retail market than elsewhere in the region (a still tiny 2.8%). Mexico is in a distant second, with USD $5.70 billion in retail eCommerce sales this year, or 1.5% of all retail sales in the country.

Growth is fastest in Argentina, where eCommerce sales will be up 40.0% this year to nearly USD $5 billion.

By the end of the forecast period, retail eCommerce in Latin America will reach USD $84.75 billion, or 3.2% of retail sales in the region. Growth will still be in the double digits in 2019

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.

(Visited 329 times, 1 visits today)

About Gateway to South America

Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.

Post available in: English


Comments from our readers

Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on PinterestCheck our RSS Feed