According to the Statista Digital Market Outlook, retail e-commerce sales of physical goods in Latin America and the Caribbean were estimated at nearly 158 billion U.S. dollars in 2022. By 2025, the electronics category is forecast to generate close to 89 billion dollars in the region, while fashion items are expected to reach around 51 billion dollars in revenues.
Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the Digital Economy, including various digital goods and services for 150 countries worldwide. The forecast is adjusted for the expected impact of COVID-19.
Retail e-commerce revenue in Latin America and the Caribbean from 2017 to 2025, by category
(in billion U.S. dollars)
The e-commerce market includes the sale of physical goods via a digital channel to a private end user (B2C). This comprises purchases via desktop computer (including notebooks and laptops) as well as purchases via mobile devices such as smartphones and tablets. The following are not included in the eCommerce market: digitally distributed services (see instead: eServices), digital media downloads or streams, digitally distributed goods in B2B markets nor digital purchase or resale of used, defective or repaired goods (reCommerce and C2C). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
The exact definition of the eCommerce market can be found here.
Figures have been rounded.
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Statista. (July 26, 2022). Retail e-commerce revenue in Latin America and the Caribbean from 2017 to 2025, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 17, 2022, from https://www.statista.com/statistics/1147673/latin-america-retail-ecommerce-sales-category/
Statista. "Retail e-commerce revenue in Latin America and the Caribbean from 2017 to 2025, by category (in billion U.S. dollars)." Chart. July 26, 2022. Statista. Accessed August 17, 2022. https://www.statista.com/statistics/1147673/latin-america-retail-ecommerce-sales-category/
Statista. (2022). Retail e-commerce revenue in Latin America and the Caribbean from 2017 to 2025, by category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 17, 2022. https://www.statista.com/statistics/1147673/latin-america-retail-ecommerce-sales-category/
Statista. "Retail E-commerce Revenue in Latin America and The Caribbean from 2017 to 2025, by Category (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jul 2022, https://www.statista.com/statistics/1147673/latin-america-retail-ecommerce-sales-category/
Statista, Retail e-commerce revenue in Latin America and the Caribbean from 2017 to 2025, by category (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1147673/latin-america-retail-ecommerce-sales-category/ (last visited August 17, 2022)
