Cross-border ecommerce reached 237 billion euros

By: Trademagazin editor Date: 2024. 05. 07. 09:03

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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 6^th 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.

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