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
Domestic e-commerce can take a step forward: the global logistics giant is developing in Hungary too
Digital commerce is developing rapidly worldwide, and logistics solutions have…
Read more >Amazon hits back: responds to US tariff hike by canceling Chinese orders
A new chapter in the trade war in e-commerce –…
Read more >Bags are flooding in: 22 billion plastic packaging could go out of fashion by 2030
The cost of online clothes is not only a burden…
Read more >Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >