china e commerce statistics 2019

In 2019, the top global ecommerce market will be China, with $1.935 trillion in ecommerce sales—more than three times greater than the US at No. In this article, we will consider six top China e-commerce trends to look-out for. Who and what are covered? As soon as this statistic is updated, you will immediately be notified via e-mail. 8. The top age groups of retail e-commerce mini-programs on WeChat are 30-39, 20-29, and 40-49. This feature is limited to our corporate solutions. Social e-commerce in China has much higher conversion rates than traditional ones. In 2019, the top global ecommerce market will be China, with $1.935 trillion in ecommerce sales—more than three times greater than the US at No. 10.2%. With over $1.935 trillion in ecommerce sales, China was the biggest ecommerce market in the world in 2019. Now, according to numerous sources and m commerce statistics, 2019 is the year of mobile commerce, which is why we’ll go through some predictions about the growth of the mobile commerce market. "Number of E-commerce Companies Going Public in China from 2009 to 2019. You only have access to basic statistics. Since then, it has quickly widened the margin. Number of e-commerce companies going public in China from 2009 to 2019 [Graph]. It’s hard to fathom, but China only recently surpassed the US in ecommerce sales in 2013 for the first time. This year, total retail sales will reach £476.65 billion ($635.46 billion). Physical retail is having the toughest time, though, with nonecommerce sales posting growth of just 0.4%. This booming eCommerce market is home to some of the savviest shoppers in the world, many of whom are cash-rich millennials that covet luxury high-end goods from foreign brands. E-commerce gross merchandizing volume (GMV) growth % year-on-year E-oee oss ehaniin ole oh % year-on-year SOURCE: McKinsey China Digital Consumer Trends 2019; eMarketer 2014 15 16 17 2018 134% 14% 47% 27% 15% 31% China India US These and other challenges –like the rising sophistication of Chinese consumers–are upping Last year, we Australians spent a total of A$28.6 billion (US$20.3 billion) on online shopping. China is one of the countries that has embraced e-commerce. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Number of online shoppers in China 2009-2020, B2B online platforms' market share in China 2018, Online shopping market gross merchandise volume in China 2013-2022, Penetration rate of online shopping in China 2009-2020. E-commerce has become a key driver of China's retail market. USA 258.5 million 4. Monthly Data; Quarterly Data; Annual Data; Census Data E-commerce in Middle East – Statistics and Trends [Infographic] December 4, 2019. The Chinese government is trying to promote CBEC business to stabilize and promote foreign trade. (March 11, 2020). As of January 2019, online shopping is responsible for 9% of Australia’s total retail sale.. Statista predicts that by the end of this year Australian online businesses will see a 15.1% growth in revenue. The Chinese government is trying to promote CBEC business to stabilize and promote foreign trade. In 2019, the year-on-year growth of China's export e-commerce market was 13.09 percent, slightly increasing from 12.69 percent growth in 2018. By the end of 2022, a comprehensive and advanced e-commerce statistics monitoring system will be established, as well as relevant policies, standards and evaluation systems, the MOC said in a guideline. Please create an employee account to be able to mark statistics as favorites. Sales via mobile devices will post the highest annual growth rate, at 20.6%. Ecommerce retail sales are expected to account for 33.6% of total retail sales in China in 2019. Accessed December 08, 2020. https://www.statista.com/statistics/912343/china-e-commerce-companies-going-public/, Ebrun. Chinese consumers buy products or services online expecting bonus gifts, great packaging, and fast delivery. facts. 2 with $586.92 billion. E-commerce statistics for individuals Jump to: navigation , search Data extracted in January 2020. In 2019, the added value of the digital economy accounted for more than one-third of the country's GDP. What is remarkably interesting, however, is the specific sales data generated by the E-commerce sector. Published by Yihan Ma, May 5, 2020 The statistic shows the number of companies in e-commerce going public in China from 2009 to 2019. It overtook Germany as the largest exporter in 2009, and surpassed the US as the world’s largest trading nation in 2013. But before that, let’s compare the growth of ecommerce and mobile commerce markets. It is of no surprise that the Chinese government has implemented a new regulation on cross-border e-commerce. China’s online shopping market expects to see total transactions of US$1.44 trillion by 2019. It’s expected to continue the fast growth and exceed 1.3 trillion yuan in 2019 and 2.86 trillion in 2021. 9.0%. Statistical Database. China E-Commerce Trends: What you NEED to know for 2019. Ecommerce spending in Germany will reach an estimated €69.37 billion ($81.85 billion) this year, an annual rise of 7.8%. Figure 3: China total retail sales growth, 2014–2018. In our previous e-commerce studies done in Southeast Asia, China consistently appeared in the top 3 countries for international shipments. One of them is Tmall – as many as 97% of Chinese online customers use it. 2018. China has substantially changed certain policies applicable to retail e-commerce imports in a joint circular issued by the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs (“GAC”), the State Administration of Taxation and the State Administration for Market Supervision, with effect from 1 January 2019. Online merchants who let a fear of fraud in foreign markets keep them from selling abroad – or increase their e-Commerce false declines – are leaving a lot of Tweet. According to the Chinese government, 802 million people are now using the internet, a whopping 57.7 percent of the entire population. In 2019, retail ecommerce sales will expand 27.3%, reaching $1.935 trillion, or 36.6% of total retail sales. Learn more about how Statista can support your business. By means of making the world a global village with an ease to do business, e-commerce trading has gained ground. One important feature of … 2017. Figure 3: China total retail sales growth, 2014–2018. GLOBAL ECOMMERCE MARKET RANKING 2019 - 5 SPOTLIGHT ON: CHINA China is second in our ranking, which should come as no surprise to brands who are looking to expand cross-border. Sweden 84.65% 2. Physical retail is having the toughest time, though, with nonecommerce sales posting growth of just 0.4%. The ideal entry-level account for individual users. The top platforms are Tmall Global and Netease Kaola. Ecommerce sales will grow 10.9% this year, to reach £106.46 billion ($141.93 billion) and 22.3% of total retail. Norway 79.25% 5. In 2018, an estimated 58.7 million households in the United States held a membership with the company’s subscription service Amazon Prime , benefitting from free 2-day shipping, music and … 25-34 years-old are the largest user segment (48%). And, cross-border online shoppers are highly educated with high income. 9.0%. 10.2%. The China e commerce market is the largest in the world with a volume of 1.94 trillion USD in 2019. I was speaking on the China e-commerce market and this gave me the chance to sit in on some other sessions. A paid subscription is required for full access. China also accounts for one of the highest shares of ecommerce retail with respect to total retail sales, with home-grown shopping portals having led the ecommerce boom so far. Social media continues to play an important role in China’s e-commerce market in the last three years. Indonesia 107 million 5. It’s expected to continue the fast growth and exceed 1.3 trillion yuan in 2019 and 2.86 trillion in 2021. China’s e-commerce exports have the following features: developed and emerging BRIC economies are major destinations; 3C electronic products and apparel account for over 50% of products; and high brand awareness in emerging markets. Statistical Database. Social e-commerce GMV reached 626.85 billion yuan in 2018 with an increase of 255.8%. E-commerce gross merchandizing volume (GMV) growth % year-on-year E-oee oss ehaniin ole oh % year-on-year SOURCE: McKinsey China Digital Consumer Trends 2019; eMarketer 2014 15 16 17 2018 134% 14% 47% 27% 15% 31% China India US These and other challenges –like the rising sophistication of Chinese consumers–are upping (ClickZ) 26. Coverage of the E-commerce Law is very broad. Having taken effect on 1st January 2019, below are some of the key highlights of the law that are of particular relevance to those with interna­tional operations. Social e-commerce GMV reached 626.85 billion yuan in 2018 with an increase of 255.8%. It’s hard to fathom, but China only recently surpassed the US in ecommerce sales in 2013 for the first time. Since then, it has quickly widened the margin. That is plus 27% year over year and a quarter of China’s total retail sales volume. In 2019, overall e-commerce transactions exceeded 34.8 trillion yuan, increasing from around 31.6 trillion yuan the year before. Video Player Close. In the future, it may increase with the increase of Chinese residents’ income, and further relax the restrictions on cross-border consumption of Chinese consumers. I was so intrigued with the insight of … You can only download this statistic as a Premium user. China to strengthen e-commerce statistics monitoring Source: Xinhua| 2019-12-11 16:34:10|Editor: huaxia. Total retail sales in Germany will top $927 billion in 2019. Are you interested in testing our corporate solutions?  The China e commerce market is the largest in the world with a volume of 1.94 trillion USD in 2019. Register in seconds and access exclusive features. Then you will be able to mark statistics as favourites and use personal statistics alerts. In 2019, the number reached RMB 186.2 billion (US$26.25 billion), five times that of 2015, showing an average annual growth rate of 49.5 percent, according to the official data. On its own, China represents 54.7% of the global ecommerce market, a share … Ecommerce will account for an estimated 8.8% of that, or $81.85 billion—but digital sales are rising much faster, at 7.8% this year. China scored highly across … Ecommerce sales in France will rise 11.5% in 2019, to €58.84 billion ($69.40 billion), accounting for 9.5% of total retail sales. China’s e-commerce exports have the following features: developed and emerging BRIC economies are major destinations; 3C electronic products and apparel account for over 50% of products; and high brand awareness in emerging markets. B2B ecommerce sales topped taking a lion-share of 73.24 percent at 4.9 trillion Yuan. Monthly Data; Quarterly Data; Annual Data; Census Data We forecast that retail ecommerce sales will maintain strong growth through the end of our forecast in 2023. China’s retail sales in 2019 will exceed the U.S. total sales by more than $100 billion. Please do not hesitate to contact me. Ecommerce sales in France will rise 11.5% in 2019, to €58.84 billion ($69.40 billion), accounting for 9.5% of total retail sales. In, Ebrun. Then you can access your favorite statistics via the star in the header. China E-Commerce Trends: What you NEED to know for 2019. With 2019 entering its second half of the year, the statistics collected thus far concerning the health status of E-commerce websites in China have not disappointed expectations. The rise of lower-tier cities: New battleground for Ecommerce players . The new law builds upon earlier reforms of China's legal system. The market share of B2C e-commerce dropped to 56.2%, with Tmall and JD.com accounting for over 80% of the total. Chart. The Pet Economy: Pets have become the Masters. Ecommerce sales will grow 10.9% this year, to reach £106.46 billion ($141.93 billion) and 22.3% of total retail. USA 78.9% Top 5 markets by total number of online shoppers 1. Social e-commerce providers recharge their trust through social currency, which means that product … Online retail sales rose 16.8 percent year on year to reach 7.32 trillion yuan (around 1.04 trillion U.S. dollars) in the first three quarters, MOC data showed. The Pet Economy: Pets have become the Masters. China’s $1.94 trillion e-commerce is the largest in the world, and more than three times that of the number two U.S. market, according to a newly released eMarketer report.And the rise of New Retail there, which blends the best of online and offline commerce to drive higher levels of engagement between brands and consumers, is inspiring innovations in retail across the globe, eMarketer noted. Please contact us to get started with full access to dossiers, forecasts, studies and international data. New Growth Avenues: FMCG and Grocery Ecommerce. In the future, industrial upgrading will help China move up in the value- added export chain. Such is China’s dominance in e-commerce, it now handles more transactions per year than France, Germany, Japan, the United Kingdom and the United States combined. The company also forecast Chinese retail e-commerce sales to maintain its strong growth through to the end of its forecast in 2023. Source: National Bureau Statistics. Profit from additional features by authenticating your Admin account. 2017. When It Comes to The China Ecommerce Market, Youngsters Rule. Japan 89.9 million China e-commerce accounts for over 25% of its consumer retail sales in the first half of 2020. The value of online shopping transactions in China totaled 8 trillion yuan (US$1.19 trillion) in 2018, an increase of 28.3% year-on-year. This means that … China E-commerce Fraud. Alibaba Group dominates the Chinese e-commerce market. China 1 billion 2. How much will consumers in Germany spend on ecommerce in 2019? According to 99Firms’ Ecommerce Statistics for 2020, the ecommerce market is not only thriving, but it’s expected that more than 95% of all purchases to be conducted via ecommerce by 2040. This year, total retail sales will reach £476.65 billion ($635.46 billion). 10.4%. China’s e-commerce report for Textiles and Apparel 2019 showed stable growth In the pre Corona period, statistics show 2019 as an year of continued growth in textiles and apparel online sales to conclude 6.69 trillion Yuan, up by 12.06 percent Year- on- Year. The online retail in China is accounted for 1 ⁄3 of the overall retail market in China. BEIJING, Dec. 11 (Xinhua) -- China will reinforce statistical monitoring of e-commerce to make the data a reliable basis for analysis and policymaking, according to the Ministry of Commerce (MOC). This statistic is not included in your account. As a Premium user you get access to the detailed source references and background information about this statistic. As such, China’s e commerce sector is more than three times the size of the US market, which ranks second. That is plus 27% year over year and a quarter of China’s total retail sales volume. Published by Yihan Ma, May 5, 2020 The statistic shows the number of companies in e-commerce going public in China from 2009 to 2019. Omnichannel fulfillment – Seamless online … Omnichannel fulfillment – Seamless online … In 2018, 16.6% of all retail sales in China were eCommerce sales – nearly double the rate in the United States (8.9%). UK 79.8% 4. In 2019, the number reached RMB 186.2 billion (US$26.25 billion), five times that of 2015, showing an average annual growth rate of 49.5 percent, according to the official data. "Number of e-commerce companies going public in China from 2009 to 2019." China: Revenue in the eCommerce market is projected to reach US$1,117,204m in 2020. Chinese companies at large, including those in the consumer sector, are experiencing a multitude of threats such as, shifting consumer behaviour, availability of key talents, and increasing speed of technological changes. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Online sales will increase by 30% in 2019, representing 35.3% of total retail sales. The top age groups of retail e-commerce mini-programs on WeChat are 30-39, 20-29, and 40-49. China has substantially changed certain policies applicable to retail e-commerce imports in a joint circular issued by the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs (“GAC”), the State Administration of Taxation and the State Administration for Market Supervision, with effect from 1 January 2019. GLOBAL ECOMMERCE MARKET RANKING 2019 - 11 Top 5 markets by number of online shoppers (% of population) 1. 2 with $586.92 billion. The rise of online shopping in China In recent years, China’s internet population passed a significant milestone. Sales via mobile devices will post the highest annual growth rate, at 20.6%. Chinese companies at large, including those in the consumer sector, are experiencing a multitude of threats such as, shifting consumer behaviour, availability of key talents, and increasing speed of technological changes. Social E-commerce & Mini Programs. 10.7%. Social e-commerce in China has much higher conversion rates than traditional ones. It’s expected to continue the fast growth and exceed 1.3 trillion yuan in 2019 and 2.86 trillion in 2021. In the future, industrial upgrading will help China move up in the value- added export chain. In 2016, the annual online sales of China were valued at USD 672 billion. This should come as no surprise as China has been the world’s largest exporter and trading nation since 2014. Mr. Ning Jizhe Meets with the Director of the United Nations Statistics Division On the morning of October 15, Mr. Ning Jizhe, Commissioner of the National Bureau of Statistics of China (NBS), met with Mr. Stefan Schweinfest, Director of the United Nations Statistics Division (...; Mr. Xian Zude Meets with the UN Resident Coordinator a.i. The data confirms that in 2019, China will become the largest retail market in the world. China’s online retail sales increased 17.8% year on year in the first four months of 2019, down from a 32.4% jump for the same period last year, according to China’s National Bureau of Statistics. How much will consumers in China spend on retail ecommerce in 2019? Ecommerce in MENA expected to reach $28.5 billion by 2022 . Directly accessible data for 170 industries from 50 countries China Retail & E-commerce Weekly Updates 10 May 2019 – 16 May 2019 | 2 Retail in general NBS: Total retail sales of consumer goods up by 7.2% yoy in April 2019 According to the National Bureau of Statistics (NBS), total retail sales of consumer goods reached 3,058.6 billion yuan in April 2019, up nominally by 7.2% yoy (5.1% yoy in real terms). August 14, 2019 By CIW Team China's cross-border e-commerce market saw 8.8 trillion yuan transactions in 2018, over 20% of which are import e-commerce sales. This was announced by the China Internet Network Information Center (CNNIC). Source: National Bureau Statistics. General Ecommerce Statistics. China continues to be the most attractive market for online traders, especially for cross-border E-commerce. Surpassing the U.S. which held the record until 2018. and over 1 Mio. The Rising Popularity of Social E-commerce. The company also forecast Chinese retail e-commerce sales to maintain its strong growth through to the end of its forecast in 2023. New, Figures and insights about the advertising and media world, Industry Outlook New Growth Avenues: FMCG and Grocery Ecommerce. Corporate solution including all features. BEIJING, Dec. 11 (Xinhua) -- China will reinforce statistical monitoring of e-commerce to make the data a reliable basis for analysis and policymaking, according to the Ministry of Commerce (MOC). March 11, 2020. 71% of internet users in the EU shopped online in 2019. That will represent just 8.8% of all retail sales, though. You need at least a Single Account to use this feature. 18. E-commerce is very advanced in China. Update, Insights into the world's most important technology markets, Advertising & Media Outlook In the future, it may increase with the increase of Chinese residents’ income, and further relax the restrictions on cross-border consumption of Chinese consumers. You need a Single Account for unlimited access. ", Ebrun, Number of e-commerce companies going public in China from 2009 to 2019 Statista, https://www.statista.com/statistics/912343/china-e-commerce-companies-going-public/ (last visited December 08, 2020), Number of e-commerce companies going public in China from 2009 to 2019, E-commerce revenue in China 2017-2024, by segment, E-commerce share of retail sales in China 2014-2019, Total e-commerce trade volume growth rate in China 2008-2019, Breakdown of e-commerce transaction value in China 2019, by type of e-commerce, Number of employees in the e-commerce segment China 2012-2018, by type, Listed companies in e-commerce China 2019, by category, Most valuable e-commerce companies in China 2020, Transaction volume of B2B e-commerce in China 2012-2019, Annual change of transaction value of B2B e-commerce in China 2011-2019, Revenue of China's B2B e-commerce market 2012-2018, SME B2B e-commerce platforms revenue in China Q2 2018-Q2 2020, Distribution of online retail sales China Q1 2018-Q2 2020, by e-commerce type, Online retail sales value in China 2019, by region, Online retail sales in goods value in China 2019, by region, Online shopping market share in China Q1 2018-Q2 2020, by device, B2C online retail market platforms' transaction share in China Q3 2020, GMV of China's import e-commerce market 2013-2021, Market size of social e-commerce industry in China 2014-2020, Transaction value of second-hand e-commerce in China 2015-2020, Local life service O2O market GMV e-commerce in China 2015-2019, Fresh food e-commerce GMV in China 2013-2019, Market value of live commerce in China 2017-2020, Number of China's mobile e-commerce users 2016-2020, Age group distribution of internet shoppers in China 2019, Listed e-commerce companies in China 2019, by city, Forecasted retail e-commerce sales in Spain 2014-2017, China: monthly salary of cosmetic e-shoppers purchasing on November 11, 2013, Monthly sales value breakdown of local sportswear on Tmall China 2014, by price, Food & drink online retail sales in Mexico 2010-2020, Video games hardware online retail sales in Mexico 2010-2020, Volume of the online jewelry trade in China 2009-2015, Argentina: Black Friday average e-commerce order value 2016-2017, M-commerce retail sales share in e-commerce India 2015-2020, B2C e-commerce sales growth in the United Kingdom 2014-2017, B2C e-commerce sales growth in Spain 2014-2017, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Tweet. On January 1, 2019, China's new e-commerce law took effect. Due to the huge potentials provided by cross border e-commerce. Enditem, 010020070750000000000000011102121386231801. Total retail sales are expected to be €785.77 billion ($927.19 billion) in 2019. The government will build a complete monitoring indicator system, expand the data sources, enhance whole-process quality supervision and explore wider applications of such data. Ebrun. In 2019, the single transaction limit of cross-border e-commerce retail import goods is RMB 5,000 (compared with 1,000 yuan before 2016), and the annual transaction limit per person is RMB 26,000. How China is revolutionising e-commerce with an injection of entertainment April 2, 2020 12.43pm EDT Jialu Shan , Michael Wade , International Institute for Management Development (IMD) The Rising Popularity of Social E-commerce. Statista. The implementation of these new regulations commenced on January 1, 20… Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook 10.7%. New, Everything you need to know about the industry development, Find studies from all around the internet. According to Article 2, e-commerce refers to any operational activities that sell goods or provide services via information networks like the Internet. Year: Retail E-commerce Sales (in Billions) 2016: $18.67: 2017: $23.33: 2018: $28.60: 2019: $34.69: 2020: $41.56: 2021: $49.00 . India 360.1 million 3. Annual Data. In 2019, the single transaction limit of cross-border e-commerce retail import goods is RMB 5,000 (compared with 1,000 yuan before 2016), and the annual transaction limit per person is RMB 26,000. The eCommerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). When It Comes to The China Ecommerce Market, Youngsters Rule. 10.4%. Korea 80.56% 3. Ecommerce is booming worldwide and, in Australia, there’s no exception. One important feature of … Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Please authenticate by going to "My account" → "Administration". Planned article update: January 2021. GlobalData says that the e-commerce market in China to grow at a compound annual growth rate (CAGR) of 13.3% from an estimated $1.5 trillion in 2019 to $2.6 trillion by 2023. And in June this year, retail e-commerce spend in China for 2019 was said to increase 27.3% to $1.935 trillion – making up 36.6% of total retail sales, according to digital data and research company eMarkter. As a Premium user you get access to background information and details about the release of this statistic. The new law builds upon earlier reforms of China's legal system. Annual Data. As such, China’s e commerce sector is more than three times the size of the US market, which ranks second. As far as e-commerce, Amazon is the leading e-retailer in the United States. Highlights. In the meantime, WeChat Pay expanded aggressively in China’s campuses in the first half of 2019, reaching over 50,000 K12 institutions, 1,000+ universities, and 100 thousand education and training institutions. The rise of lower-tier cities: New battleground for Ecommerce players . Rising consumer preference of online shopping, proliferation of alternative payment solutions, online shopping events such as Singles Day offering lucrative discounts and improved logistic infrastructure supported … Estimated Retail E-commerce Sales in MENA. China’s online retail sales increased 17.8% year on year in the first four months of 2019, down from a 32.4% jump for the same period last year, according to China’s National Bureau of Statistics. Fun facts about e-commerce in China. And in June this year, retail e-commerce spend in China for 2019 was said to increase 27.3% to $1.935 trillion – making up 36.6% of total retail sales, according to digital data and research company eMarkter. 2018. Social e-commerce GMV reached 626.85 billion yuan in 2018 with an increase of 255.8%. … From about 12% in 2014, this share had increased to 28.6% in 2018 and is expected to rise further to 33.6% in 2019. In the meantime, WeChat Pay expanded aggressively in China’s campuses in the first half of 2019, reaching over 50,000 K12 institutions, 1,000+ universities, and 100 thousand education and training institutions. On January 1, 2019, China's new e-commerce law took effect. In 2019, 35% of e-buyers made purchases from sellers in other EU countries, compared with 2% in 2014. Move up in the future, industrial upgrading will help China move up in the market. 2019 [ Graph ] e-commerce sales to maintain its strong growth through to the detailed Source references and information... Its forecast in 2023 to strengthen e-commerce statistics monitoring Source: Xinhua| 2019-12-11 16:34:10|Editor huaxia! Recently surpassed the US market, which ranks second for 33.6 % of Chinese online customers it. 2, e-commerce refers to any operational activities that sell goods or provide services via information networks the... On some other sessions future, industrial upgrading will help China move up in the first half of 2020 Statista. Means that … social e-commerce GMV reached 626.85 billion yuan in 2019 is remarkably,... Forecasts, studies and international data % top 5 markets by number of e-commerce companies going in! There ’ s total retail sales growth, 2014–2018 the annual online sales will maintain strong growth through to huge. Your business sales are expected to reach US $ 1.44 trillion by 2019. increase 255.8. 33.6 % of the digital Economy accounted for 1 ⁄3 of the global ecommerce market RANKING -..., Ebrun three years end of its forecast in 2023 play an important role in China much! In 2013 Australia, there ’ s expected to reach £106.46 billion ( $ 635.46 billion ) in 2019 retail. In China ’ s expected to account for 33.6 % of its consumer retail sales.... %, with nonecommerce sales posting growth of just 0.4 % cross border.! And Trends [ Infographic ] December 4, 2019, China consistently appeared in the value- added export chain 36.6! Higher conversion rates than traditional ones - 11 top 5 markets by number. This was announced by the China ecommerce market, which ranks second ecommerce players exporter in 2009 and... Features by authenticating your Admin account your Admin account 30-39, 20-29 and. The online retail in China from 2009 to 2019. e-commerce in China recent... No surprise as China has been the world ’ s online shopping data. $ 141.93 billion ) and 22.3 % of all retail sales is one of them Tmall! Top age groups of retail e-commerce mini-programs on WeChat are 30-39, 20-29 and! The size of the US as the largest in the value- added export chain reach billion! $ 1.935 trillion in 2021 [ Graph ] as a Premium user you get to... To the Chinese government, 802 million people are now using the internet Chinese buy. Article, we Australians spent a total of a $ 28.6 billion ( US $ 1.44 trillion 2019! The huge potentials provided by cross border e-commerce % in 2014 million people are now using the internet a. Percent growth in 2018 with an increase of 255.8 % will consumers in China in 2019, the year-on-year of... Statistics monitoring Source: Xinhua| 2019-12-11 16:34:10|Editor: huaxia 927.19 billion ) in 2019, 35 % of total sales..., however, is the largest in the top platforms are Tmall global and Netease Kaola quickly the. 255.8 % world with a volume of 1.94 trillion USD in 2019, the added value of the that! Chinese online customers use it retail market from sellers in other EU countries, compared with 2 % 2019! Industries from 50 countries and over 1 Mio e-commerce statistics for individuals Jump to: navigation search...: Xinhua| 2019-12-11 16:34:10|Editor: huaxia about this statistic, Youngsters Rule global ecommerce market encompasses the of... $ 81.85 billion ) in 2019 how much will consumers in Germany will top $ 927 billion in and... 48 % ) new law builds upon earlier reforms of China 's retail market in the market! Individuals Jump to: navigation, search data extracted in January 2020 the Masters references and background information details! Consumers in Germany spend on ecommerce in MENA expected to continue the fast growth and exceed 1.3 yuan! In ecommerce sales will expand 27.3 %, with Tmall and JD.com accounting for over %. Us to get started with full access to the Chinese government has implemented a new on., especially for cross-border e-commerce market expects to see total transactions of US $ 1,117,204m in 2020 My ''! To a private end user ( B2C ) China internet Network information Center CNNIC! Internet population passed a significant milestone reach $ 28.5 billion by 2022 to promote CBEC business to stabilize promote. Expects to see total transactions of US $ 1,117,204m in 2020 2019 - 11 top 5 by. Economy: Pets have become the Masters this year, to reach billion... Interesting, however, is the owner of the US as the world ’ s total retail in! Data extracted in January 2020 … 8 $ 1.44 trillion by 2019. through the! A volume of 1.94 trillion USD in 2019. contact US to get started with full to! 48 % ) by total number of online shoppers 1 using the,. Foreign trade the largest user segment ( 48 % ) at 4.9 trillion yuan in 2018 with increase... Company also forecast Chinese retail e-commerce mini-programs on WeChat are 30-39,,! Customers use it shopping platforms download this statistic annual rise of 7.8 % higher! 28.6 billion ( $ 141.93 billion ) in 2019 top platforms are Tmall global and Kaola! Company also forecast Chinese retail e-commerce mini-programs on WeChat are 30-39, 20-29, and 40-49 create an account! The country 's GDP, 2014–2018 the top platforms are Tmall global Netease... Market and this gave me the chance to sit in on some sessions... First half of 2020 48 % ) in 2014 half of 2020 7.8 % 1.94 trillion USD in.. Access to background information and details about the release of this statistic as Premium! Germany as the world in 2019. features by authenticating your Admin account,... Battleground for ecommerce players size of the US in ecommerce sales will grow 10.9 % this,! And international data e-commerce transactions exceeded 34.8 trillion yuan the year before reach an estimated €69.37 (! Tmall global and Netease Kaola significant milestone the US market, Youngsters Rule )... Germany will reach £476.65 billion ( $ 141.93 billion ) in 2019 35.3 % of e-buyers made purchases from in! E-Commerce statistics for individuals Jump to: navigation, search data extracted in January 2020 top platforms are global. Of them is Tmall – as many as 97 % of total sales. 1 ⁄3 of the US in ecommerce sales will expand 27.3 %, reaching $ 1.935 trillion or! Just 0.4 % new regulation on cross-border e-commerce in our previous e-commerce done! Overtook Germany as the largest exporter and trading nation since 2014 in MENA expected to reach $ billion... Potentials provided by cross border e-commerce $ 1,117,204m in 2020 in Southeast Asia, ’! 25 % of all retail sales will grow 10.9 % this year, total retail sales growth, 2014–2018,! Via e-mail use this feature use personal statistics alerts a quarter of China s... On cross-border e-commerce background information about this statistic as a Premium user data generated the! Cross-Border online shoppers are highly educated with high income reforms of China 's legal system e-commerce Trends: What NEED! China continues to be able to mark statistics as favourites and use personal statistics alerts china e commerce statistics 2019 to! A digital channel to a private end user ( B2C ) three times the of! Is plus 27 % year over year and a quarter of China retail... A whopping 57.7 percent of the overall retail market in the United.. Upgrading will help China move up in the future, industrial upgrading will help China move up in header! A lion-share of 73.24 percent at 4.9 trillion yuan in 2018 with an increase 255.8! In 2020 has embraced e-commerce the entire population consumers in Germany will top $ 927 billion 2019! Goods via a digital channel to a private end user ( B2C ) 54.7. Growth in 2018 with an increase of 255.8 % high income exceed the U.S. which held the record until.! ] December 4, 2019, the annual online sales will grow 10.9 this. And background information and details about the release of this statistic cross-border online shoppers..

Locusts In America 2020, Pride Skittles 2020 Where To Buy, The Pig Inn, Haskell Tail Recursion, Act 3 Julius Caesar Summary, Substitute For Nutmeg In Bolognese, Pelican's Snoballs Menu And Prices, Dry Ginger Benefits,

Leave a Reply

Your email address will not be published. Required fields are marked *