Cross-border e-commerce in North America - statistics and facts
With the expansion of e-commerce right after the COVID-19 onset, borderless online shopping also received a considerable push. However, since 2022 consumers have recently shown a dwindling willingness to purchase online from abroad. Since the cost of living crisis, most of them intend to shop more domestically in the future. Still, cross-border payment flows from consumers to businesses were estimated at 2.8 trillion U.S. dollars worldwide in 2022. The global cross-border e-commerce market is also set to grow tenfold by 2030. For many reasons, including a high level of interdependence with neighboring markets and consumers’ familiarity with digital payment methods, North America stands as one of the most promising regions for cross-border e-commerce in years to come.
Compared to the United States, Mexico and Canada harbor some of the most open-minded consumers to ordering online from overseas. Whereas six in ten surveyed Mexican and Canadian respondents buy from foreign websites, only one-third answered the same in the U.S. In the largest North American market, online shoppers also favor local merchants to a greater extent, as over 60 percent buy mainly from U.S.-based e-retailers.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.