Latin America Sees Strong Ecommerce Growth

Latin American ecommerce to hit $85 billion in sales in 2019

Latin America is currently one of the top global regions for e-commerce growth, despite the economic decline in the area. The report from Business Insider shows growth in the region is expected to climb at around an average of 17%, to 85 billion US dollars in sales in 2019. Whilst the year-on-year growth rate will decrease from 16% to 9% over the next four years, US retailers are focusing heavily on the area with Amazon launching a Spanish-speaking Mexican site under a .com.mx domain. However, it’s Brazil that’s the largest market for the region’s online marketing, accounting for an impressive 42% of Latin America’s 47 billion US dollars in e-commerce sales. 

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