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.
E-commerce market size in selected countries in Latin America in 2023 and 2027
(in billion U.S. dollars)
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Worldpay. (March 21, 2024). E-commerce market size in selected countries in Latin America in 2023 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 13, 2025, from https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/?__sso_cookie_checker=failed
Worldpay. "E-commerce market size in selected countries in Latin America in 2023 and 2027 (in billion U.S. dollars)." Chart. March 21, 2024. Statista. Accessed February 13, 2025. https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/?__sso_cookie_checker=failed
Worldpay. (2024). E-commerce market size in selected countries in Latin America in 2023 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 13, 2025. https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/?__sso_cookie_checker=failed
Worldpay. "E-commerce Market Size in Selected Countries in Latin America in 2023 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/?__sso_cookie_checker=failed
Worldpay, E-commerce market size in selected countries in Latin America in 2023 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/?__sso_cookie_checker=failed (last visited February 13, 2025)
E-commerce market size in selected countries in Latin America in 2023 and 2027 (in billion U.S. dollars) [Graph], Worldpay, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/804022/latin-america-e-commerce-sales/?__sso_cookie_checker=failed