Try our corporate solution for free!
(212) 419-8294
vianny.gutierrez-cruz@statista.com

E-commerce in Taiwan - statistics & facts

Home to over 21 million internet users, Taiwan has one of the world's highest mobile internet adoption rates. On top of a well-developed telecommunications infrastructure, the Island has laid solid ground for a thriving e-commerce market. Nowadays, more than four out of five Taiwanese internet users actively use e-commerce services in their daily life. Amid the coronavirus pandemic, Taiwan's e-commerce market still grew at a steady pace, resulting from the further expansion of online shopping, as well as the digital transformation of business-to-business (B2B) trade.

B2B e-commerce in Taiwan

Business-to-business (B2B) e-commerce is the largest e-commerce segment in Taiwan, accounting for over 83 percent of Taiwan's e-commerce revenues in 2020. Furthermore, the manufacturing industry remained Taiwan's leading B2B e-commerce sector, earning more than three trillion New Taiwan dollars in annual sales revenue.

The outbreak of the coronavirus pandemic has expedited the online transformation of B2B cross-border trade in Taiwan. Economically, Taiwan's GDP relies greatly on its international trade. The overseas market accounted for more than half of Taiwan's manufacturing goods sales in the past decade. Owing to the cancellation of offline events and expos, a large number of cross-border B2B firms in Taiwan were seeking new opportunities to conduct their businesses online. As of 2021, more than 95 percent of Taiwan's B2B export companies have made sales online. Official websites, third-party e-commerce providers, and online conventions were three of the most common sales channels used by Taiwan's B2B exporters.

Online shopping and e-payment in Taiwan

Despite having one of the highest internet penetration rates and e-commerce usage rates in the region, online retail only accounted for 8.9 percent of the total retail sales in Taiwan, significantly lower compared to the global average of 18 percent. Within its 32 thousand square kilometer land area, Taiwan is dotted with nearly 12 thousand convenience stores, 2,000 supermarkets, and 200 hypermarkets. As of mid-2021, the majority of fast-moving consumer goods retail was still made offline in Taiwan.

Nevertheless, Taiwan's B2C e-commerce industry grew further during the coronavirus pandemic. According to a survey in 2020, around 12 percent of Taiwanese consumers increased their usage of online shopping during COVID-19, especially on online meal delivery and fresh e-commerce.

Furthermore, the usage of digital payment methods also thrived during the outbreak of COVID-19 in Taiwan. As of July 2021, nearly 50 percent of Taiwanese consumers expected to go cashless at some point, mainly out of hygiene concerns. Shopping malls, restaurants, and convenience stores are three of the major locations where consumers expect to increase their usage of cashless payments. For domestic digital payment providers in Taiwan, the ongoing challenge is to boost the confidence of consumers in the online payment platform and increase the domestic consumer base.

Interesting statistics

In the following 4 chapters, you will quickly find the 24 most important statistics relating to "E-commerce in Taiwan".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Vianny Gutierrez-Cruz
Vianny Gutierrez-Cruz
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Associate Director - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)