In 2020, Brazil was the leading e-commerce market in Latin America, generating approximately 36 billion U.S. dollars. Mexico ranked second with 29 billion dollars. However, according to forecasts, the North American country is expected to move closer to the first place by 2024. That year, e-commerce sales in Mexico are set to reach 53 billion dollars, about three billion dollars more than predicted for Brazil.
E-commerce sales revenue in selected countries in Latin America in 2020 and 2024
(in billion U.S. dollars)
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Worldpay. (February 22, 2021). E-commerce sales revenue in selected countries in Latin America in 2020 and 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/
Worldpay. "E-commerce sales revenue in selected countries in Latin America in 2020 and 2024 (in billion U.S. dollars)." Chart. February 22, 2021. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/
Worldpay. (2021). E-commerce sales revenue in selected countries in Latin America in 2020 and 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/
Worldpay. "E-commerce Sales Revenue in Selected Countries in Latin America in 2020 and 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Feb 2021, https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/
Worldpay, E-commerce sales revenue in selected countries in Latin America in 2020 and 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/ (last visited May 19, 2022)
