Cross-border ecommerce reached 237 billion euros
The online European cross-border market reached a turnover of 237 billion euros in 2023. This is an increase of 32 percent compared to the year before.
European online stores generated 107 billion euros in cross-border turnover.
In 2022, European cross-border ecommerce was worth 179 billion euros. In that year, online stores in Europe generated a cross-border turnover of 105.5 billion euros. This was a record-high amount of turnover. Last year, they achieved an increase of 1.4 percent and generated 107 billion euros in turnover across borders.
These data come from the 6th edition of the ‘TOP 500 B2C Cross-Border Retail Europe’ from Cross-Border Commerce Europe. This is an annual ranking of the biggest 500 European cross-border online stores. The report does not include travel.
According to the report, the total online B2C turnover for goods in Europe reached a turnover of 741 billion euros. This is an increase of 13 percent compared to 2022. Of that total, 32 percent was generated with cross-border sales.
Ecommerce News
Related news
Thousands of Hungarian webshops could become potential advertising platforms
Only 13.5% of domestic e-retailers offer retail media services to…
Read more >Alibaba launches AI design tool for U.S. sellers
U.S. retailers selling goods on the Alibaba e-commerce platform have…
Read more >TikTok Shop launches in Spain
TikTok Shop has launched in Spain today, according to various…
Read more >Related news
Open Marketing Forum on Hungarian Product Trademark Use – registration is now open!
On February 20, 2025, the Hungarian Product Marketing Forum will…
Read more >Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by…
Read more >Egg prices continue to rise: the elimination of cage farming makes the market more expensive
Egg prices in Hungary crossed the psychological threshold of one…
Read more >