Chain Store Age – Study: The fastest-growing market for cross-border online sales is…
Dan Berthiaume of Chain Store Age profiles the fastest-growing markets for online cross-border sales according to ESW’s global consumer survey and client data:
From the article:
Despite the global impact of COVID-19, international online transactions nearly doubled year-over-year in 2020.
According to a new study from e-commerce technology/services provider eShopWorld (ESW), international online sales transacted on its platform rose 82% in 2020 from 2019 levels. ESW data indicates the Philippines was the fastest-growing markets for brands and retailers using its technology and services to sell internationally in 2020, with 258% year-over-year growth.
Rounding out the top 10 global markets for cross-border online sales were Morocco (+215%), Chile (+211%), Puerto Rico (+203%), Egypt (+196%), Luxembourg (+184%), Israel (+150%), Malta (+144%), Lithuania (+139%), and Ireland (+137%).
The full article can be found here.