E-Commerce Opportunities Abound in Latin America, Despite Challenges ecommercetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecommercetimes.com Daily Mail and Mail on Sunday newspapers.
If you are looking to expand your sales territory and have not yet put Latin America on your bill of lading, you re missing a golden opportunity. Latin America offers the fastest-growing regional e-commerce marketplace in the world. Last year, the total retail e-commerce sales to the LATAM region grew 36.7 percent to $84.95 billion. That is still growing this year.
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//]]>// >By Jack M. Germain
May 11, 2021 10:53 AM PT
If you are looking to expand your sales territory and have not yet put Latin America on your bill of lading, you re missing a golden opportunity. Latin America offers the fastest-growing regional e-commerce marketplace in the world.
You do not think so? Well, think again. Last year, the total retail e-commerce sales to the LATAM region grew 36.7 percent to $84.95 billion. That is still growing this year.
Among the larger individual economies in the region, Argentina was the fastest growing, with a retail e-commerce increase rate of 79 percent. Brazil s e-commerce growth rate was 35 percent, while Mexico s was 27 percent.