The market value has increased by 900% in a few years! Mexico's e-commerce is developing rapidly!

According to foreign media reports, the size of Mexico's e-commerce market grew by 58.60% and its market value grew by 900% between 2009 and 2015. Now, Mexico has become one of the major international e-commerce markets.

According to reports, here is how the Mexican e-commerce market is evolving:

• In 2016, online sales in Mexico increased to $40 billion, more than three times the $18 billion in 2011.
• In 2017, online sales in Mexico grew further, with 40% of online shoppers aged between 22 and 34, and the young population driving the growth of the e-commerce market.
• In 2018, Mexico became the largest e-commerce market in Latin America.
• In 2019, more than 45 million Mexicans shopped online, with those aged 28-44 driving continued growth in the market. Some experts call the Mexican e-commerce market a "giant in the making."
• Between March 2020 and March 2021, online sales in Mexico reached 316 billion pesos, a record high.

According to industry insiders, 2022 will be another "golden period" for Mexico's e-commerce to achieve strong growth, with online sales expected to reach US$50 billion, a new record high.

It is learned that in Mexico, the most popular e-commerce platform is Mercado Libre. In 2020, the order volume of Mercado Libre's Mexican market increased by 112%, with more than 5 million active buyers. In addition, food, clothing, electronics, household goods and medicines have always been categories of concern to consumers.

Editor ✎ Nicole/

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