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Luxembourg has joined Ecommerce Europe.
Ecommerce Europe is an association representing over 25,000 ecommerce sites in Europe, with the aim of stimulating cross-border ecommerce.
As Luxembourg is so small and therefore has a very limited number of domestic ecommerce sites, its cross-border ecommerce levels are the highest in Europe, accounting for 65% of all online purchases.
Its extensive experience in facilitating cross-border ecommerce therefore adds a lot of value to the organisation.
The ecommerce market in Luxembourg expected to be worth 600 million Euros this year, up 13% on last year.
There are half a million online shoppers in the country, around 95% of the population, with the average online shopper spending around 2,440 Euros per year.