Social E-commerce & Mini Programs. On its own, China represents 54.7% of the global ecommerce market, a share … 10.4%. As a Premium user you get access to background information and details about the release of this statistic. China also accounts for one of the highest shares of ecommerce retail with respect to total retail sales, with home-grown shopping portals having led the ecommerce boom so far. China Retail & E-commerce Weekly Updates 10 May 2019 – 16 May 2019 | 2 Retail in general NBS: Total retail sales of consumer goods up by 7.2% yoy in April 2019 According to the National Bureau of Statistics (NBS), total retail sales of consumer goods reached 3,058.6 billion yuan in April 2019, up nominally by 7.2% yoy (5.1% yoy in real terms). This means that … 18. Video Player Close. Ecommerce sales in France will rise 11.5% in 2019, to €58.84 billion ($69.40 billion), accounting for 9.5% of total retail sales.  The China e commerce market is the largest in the world with a volume of 1.94 trillion USD in 2019. B2B ecommerce sales topped taking a lion-share of 73.24 percent at 4.9 trillion Yuan. 2 with $586.92 billion. Year: Retail E-commerce Sales (in Billions) 2016: $18.67: 2017: $23.33: 2018: $28.60: 2019: $34.69: 2020: $41.56: 2021: $49.00 . And in June this year, retail e-commerce spend in China for 2019 was said to increase 27.3% to $1.935 trillion – making up 36.6% of total retail sales, according to digital data and research company eMarkter. Monthly Data; Quarterly Data; Annual Data; Census Data The Rising Popularity of Social E-commerce. Social e-commerce GMV reached 626.85 billion yuan in 2018 with an increase of 255.8%. Then you can access your favorite statistics via the star in the header. China’s online retail sales increased 17.8% year on year in the first four months of 2019, down from a 32.4% jump for the same period last year, according to China’s National Bureau of Statistics. The new law builds upon earlier reforms of China's legal system. China’s e-commerce report for Textiles and Apparel 2019 showed stable growth In the pre Corona period, statistics show 2019 as an year of continued growth in textiles and apparel online sales to conclude 6.69 trillion Yuan, up by 12.06 percent Year- on- Year. GLOBAL ECOMMERCE MARKET RANKING 2019 - 5 SPOTLIGHT ON: CHINA China is second in our ranking, which should come as no surprise to brands who are looking to expand cross-border. How China is revolutionising e-commerce with an injection of entertainment April 2, 2020 12.43pm EDT Jialu Shan , Michael Wade , International Institute for Management Development (IMD) The Chinese government is trying to promote CBEC business to stabilize and promote foreign trade. Ecommerce retail sales are expected to account for 33.6% of total retail sales in China in 2019. Ecommerce sales in France will rise 11.5% in 2019, to €58.84 billion ($69.40 billion), accounting for 9.5% of total retail sales. Figure 3: China total retail sales growth, 2014–2018. This was announced by the China Internet Network Information Center (CNNIC). I was so intrigued with the insight of … Directly accessible data for 170 industries from 50 countries Social e-commerce in China has much higher conversion rates than traditional ones. USA 78.9% Top 5 markets by total number of online shoppers 1. 2018. China’s retail sales in 2019 will exceed the U.S. total sales by more than $100 billion. Learn more about how Statista can support your business. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). "Number of e-commerce companies going public in China from 2009 to 2019." It’s expected to continue the fast growth and exceed 1.3 trillion yuan in 2019 and 2.86 trillion in 2021. In 2018, an estimated 58.7 million households in the United States held a membership with the company’s subscription service Amazon Prime , benefitting from free 2-day shipping, music and … Source: National Bureau Statistics. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Social e-commerce providers recharge their trust through social currency, which means that product … Register in seconds and access exclusive features. 9.0%. Accessed December 08, 2020. https://www.statista.com/statistics/912343/china-e-commerce-companies-going-public/, Ebrun. Ecommerce sales will grow 10.9% this year, to reach £106.46 billion ($141.93 billion) and 22.3% of total retail. The top age groups of retail e-commerce mini-programs on WeChat are 30-39, 20-29, and 40-49. Please do not hesitate to contact me. Please authenticate by going to "My account" → "Administration". As of January 2019, online shopping is responsible for 9% of Australia’s total retail sale.. Statista predicts that by the end of this year Australian online businesses will see a 15.1% growth in revenue. Sales via mobile devices will post the highest annual growth rate, at 20.6%. China to strengthen e-commerce statistics monitoring Source: Xinhua| 2019-12-11 16:34:10|Editor: huaxia. Total retail sales are expected to be €785.77 billion ($927.19 billion) in 2019. Since then, it has quickly widened the margin. Omnichannel fulfillment – Seamless online … The data confirms that in 2019, China will become the largest retail market in the world. GLOBAL ECOMMERCE MARKET RANKING 2019 - 11 Top 5 markets by number of online shoppers (% of population) 1. With 2019 entering its second half of the year, the statistics collected thus far concerning the health status of E-commerce websites in China have not disappointed expectations. The Rising Popularity of Social E-commerce. Social e-commerce GMV reached 626.85 billion yuan in 2018 with an increase of 255.8%. But before that, let’s compare the growth of ecommerce and mobile commerce markets. As far as e-commerce, Amazon is the leading e-retailer in the United States. A paid subscription is required for full access. Since then, it has quickly widened the margin. China E-commerce Fraud. ", Ebrun, Number of e-commerce companies going public in China from 2009 to 2019 Statista, https://www.statista.com/statistics/912343/china-e-commerce-companies-going-public/ (last visited December 08, 2020), Number of e-commerce companies going public in China from 2009 to 2019, E-commerce revenue in China 2017-2024, by segment, E-commerce share of retail sales in China 2014-2019, Total e-commerce trade volume growth rate in China 2008-2019, Breakdown of e-commerce transaction value in China 2019, by type of e-commerce, Number of employees in the e-commerce segment China 2012-2018, by type, Listed companies in e-commerce China 2019, by category, Most valuable e-commerce companies in China 2020, Transaction volume of B2B e-commerce in China 2012-2019, Annual change of transaction value of B2B e-commerce in China 2011-2019, Revenue of China's B2B e-commerce market 2012-2018, SME B2B e-commerce platforms revenue in China Q2 2018-Q2 2020, Distribution of online retail sales China Q1 2018-Q2 2020, by e-commerce type, Online retail sales value in China 2019, by region, Online retail sales in goods value in China 2019, by region, Online shopping market share in China Q1 2018-Q2 2020, by device, B2C online retail market platforms' transaction share in China Q3 2020, GMV of China's import e-commerce market 2013-2021, Market size of social e-commerce industry in China 2014-2020, Transaction value of second-hand e-commerce in China 2015-2020, Local life service O2O market GMV e-commerce in China 2015-2019, Fresh food e-commerce GMV in China 2013-2019, Market value of live commerce in China 2017-2020, Number of China's mobile e-commerce users 2016-2020, Age group distribution of internet shoppers in China 2019, Listed e-commerce companies in China 2019, by city, Forecasted retail e-commerce sales in Spain 2014-2017, China: monthly salary of cosmetic e-shoppers purchasing on November 11, 2013, Monthly sales value breakdown of local sportswear on Tmall China 2014, by price, Food & drink online retail sales in Mexico 2010-2020, Video games hardware online retail sales in Mexico 2010-2020, Volume of the online jewelry trade in China 2009-2015, Argentina: Black Friday average e-commerce order value 2016-2017, M-commerce retail sales share in e-commerce India 2015-2020, B2C e-commerce sales growth in the United Kingdom 2014-2017, B2C e-commerce sales growth in Spain 2014-2017, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. facts. According to 99Firms’ Ecommerce Statistics for 2020, the ecommerce market is not only thriving, but it’s expected that more than 95% of all purchases to be conducted via ecommerce by 2040. China: Revenue in the eCommerce market is projected to reach US$1,117,204m in 2020. The rise of lower-tier cities: New battleground for Ecommerce players . In this article, we will consider six top China e-commerce trends to look-out for. China continues to be the most attractive market for online traders, especially for cross-border E-commerce. BEIJING, Dec. 11 (Xinhua) -- China will reinforce statistical monitoring of e-commerce to make the data a reliable basis for analysis and policymaking, according to the Ministry of Commerce (MOC). By means of making the world a global village with an ease to do business, e-commerce trading has gained ground. The company also forecast Chinese retail e-commerce sales to maintain its strong growth through to the end of its forecast in 2023. China’s online retail sales increased 17.8% year on year in the first four months of 2019, down from a 32.4% jump for the same period last year, according to China’s National Bureau of Statistics. Now, according to numerous sources and m commerce statistics, 2019 is the year of mobile commerce, which is why we’ll go through some predictions about the growth of the mobile commerce market. China E-Commerce Trends: What you NEED to know for 2019. E-commerce statistics for individuals Jump to: navigation , search Data extracted in January 2020. Social media continues to play an important role in China’s e-commerce market in the last three years. That will represent just 8.8% of all retail sales, though. E-commerce gross merchandizing volume (GMV) growth % year-on-year E-oee oss ehaniin ole oh % year-on-year SOURCE: McKinsey China Digital Consumer Trends 2019; eMarketer 2014 15 16 17 2018 134% 14% 47% 27% 15% 31% China India US These and other challenges –like the rising sophistication of Chinese consumers–are upping In 2019, retail ecommerce sales will expand 27.3%, reaching $1.935 trillion, or 36.6% of total retail sales. I was speaking on the China e-commerce market and this gave me the chance to sit in on some other sessions. Chinese consumers buy products or services online expecting bonus gifts, great packaging, and fast delivery. The ideal entry-level account for individual users. You need a Single Account for unlimited access. China’s e-commerce exports have the following features: developed and emerging BRIC economies are major destinations; 3C electronic products and apparel account for over 50% of products; and high brand awareness in emerging markets. The government will build a complete monitoring indicator system, expand the data sources, enhance whole-process quality supervision and explore wider applications of such data. Due to the huge potentials provided by cross border e-commerce. The eCommerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). The Pet Economy: Pets have become the Masters. According to the Chinese government, 802 million people are now using the internet, a whopping 57.7 percent of the entire population. In the meantime, WeChat Pay expanded aggressively in China’s campuses in the first half of 2019, reaching over 50,000 K12 institutions, 1,000+ universities, and 100 thousand education and training institutions. Please create an employee account to be able to mark statistics as favorites. One of them is Tmall – as many as 97% of Chinese online customers use it. Statistical Database. Such is China’s dominance in e-commerce, it now handles more transactions per year than France, Germany, Japan, the United Kingdom and the United States combined. Norway 79.25% 5. E-commerce is very advanced in China. Coverage of the E-commerce Law is very broad. As such, China’s e commerce sector is more than three times the size of the US market, which ranks second. Online merchants who let a fear of fraud in foreign markets keep them from selling abroad – or increase their e-Commerce false declines – are leaving a lot of This should come as no surprise as China has been the world’s largest exporter and trading nation since 2014. In 2019, the single transaction limit of cross-border e-commerce retail import goods is RMB 5,000 (compared with 1,000 yuan before 2016), and the annual transaction limit per person is RMB 26,000. Profit from additional features by authenticating your Admin account. We forecast that retail ecommerce sales will maintain strong growth through the end of our forecast in 2023. E-commerce has become a key driver of China's retail market. Ebrun. 10.4%. Alibaba Group dominates the Chinese e-commerce market. China 1 billion 2. Number of e-commerce companies going public in China from 2009 to 2019 [Graph]. In the future, it may increase with the increase of Chinese residents’ income, and further relax the restrictions on cross-border consumption of Chinese consumers. New Growth Avenues: FMCG and Grocery Ecommerce. New, Everything you need to know about the industry development, Find studies from all around the internet. As soon as this statistic is updated, you will immediately be notified via e-mail. It’s expected to continue the fast growth and exceed 1.3 trillion yuan in 2019 and 2.86 trillion in 2021. How much will consumers in Germany spend on ecommerce in 2019? (ClickZ) 26. Online retail sales rose 16.8 percent year on year to reach 7.32 trillion yuan (around 1.04 trillion U.S. dollars) in the first three quarters, MOC data showed. Total retail sales in Germany will top $927 billion in 2019. 10.7%. The top platforms are Tmall Global and Netease Kaola. Corporate solution including all features. On January 1, 2019, China's new e-commerce law took effect. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Social e-commerce GMV reached 626.85 billion yuan in 2018 with an increase of 255.8%. 2017. The company also forecast Chinese retail e-commerce sales to maintain its strong growth through to the end of its forecast in 2023. Ecommerce is booming worldwide and, in Australia, there’s no exception. The China e commerce market is the largest in the world with a volume of 1.94 trillion USD in 2019. Ecommerce sales will grow 10.9% this year, to reach £106.46 billion ($141.93 billion) and 22.3% of total retail. One important feature of … It overtook Germany as the largest exporter in 2009, and surpassed the US as the world’s largest trading nation in 2013. Ecommerce spending in Germany will reach an estimated €69.37 billion ($81.85 billion) this year, an annual rise of 7.8%. Korea 80.56% 3. New Growth Avenues: FMCG and Grocery Ecommerce. BEIJING, Dec. 11 (Xinhua) -- China will reinforce statistical monitoring of e-commerce to make the data a reliable basis for analysis and policymaking, according to the Ministry of Commerce (MOC). Annual Data. This booming eCommerce market is home to some of the savviest shoppers in the world, many of whom are cash-rich millennials that covet luxury high-end goods from foreign brands. India 360.1 million 3. The market share of B2C e-commerce dropped to 56.2%, with Tmall and JD.com accounting for over 80% of the total. China has substantially changed certain policies applicable to retail e-commerce imports in a joint circular issued by the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs (“GAC”), the State Administration of Taxation and the State Administration for Market Supervision, with effect from 1 January 2019. This year, total retail sales will reach £476.65 billion ($635.46 billion). You need at least a Single Account to use this feature. China’s e-commerce exports have the following features: developed and emerging BRIC economies are major destinations; 3C electronic products and apparel account for over 50% of products; and high brand awareness in emerging markets. Ecommerce will account for an estimated 8.8% of that, or $81.85 billion—but digital sales are rising much faster, at 7.8% this year. Enditem, 010020070750000000000000011102121386231801. Figure 3: China total retail sales growth, 2014–2018. Ecommerce in MENA expected to reach $28.5 billion by 2022 . In the future, it may increase with the increase of Chinese residents’ income, and further relax the restrictions on cross-border consumption of Chinese consumers. China has substantially changed certain policies applicable to retail e-commerce imports in a joint circular issued by the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs (“GAC”), the State Administration of Taxation and the State Administration for Market Supervision, with effect from 1 January 2019. The Pet Economy: Pets have become the Masters. 2018. Sweden 84.65% 2. Indonesia 107 million 5. Then you will be able to mark statistics as favourites and use personal statistics alerts. In 2018, 16.6% of all retail sales in China were eCommerce sales – nearly double the rate in the United States (8.9%). Physical retail is having the toughest time, though, with nonecommerce sales posting growth of just 0.4%. In 2019, the top global ecommerce market will be China, with $1.935 trillion in ecommerce sales—more than three times greater than the US at No. According to Article 2, e-commerce refers to any operational activities that sell goods or provide services via information networks like the Internet. It is of no surprise that the Chinese government has implemented a new regulation on cross-border e-commerce. This statistic is not included in your account. China E-Commerce Trends: What you NEED to know for 2019. 71% of internet users in the EU shopped online in 2019. Having taken effect on 1st January 2019, below are some of the key highlights of the law that are of particular relevance to those with interna­tional operations. One important feature of … Are you interested in testing our corporate solutions? The top age groups of retail e-commerce mini-programs on WeChat are 30-39, 20-29, and 40-49. Omnichannel fulfillment – Seamless online … The online retail in China is accounted for 1 ⁄3 of the overall retail market in China. Rising consumer preference of online shopping, proliferation of alternative payment solutions, online shopping events such as Singles Day offering lucrative discounts and improved logistic infrastructure supported … China’s online shopping market expects to see total transactions of US$1.44 trillion by 2019. Highlights. As such, China’s e commerce sector is more than three times the size of the US market, which ranks second. 8. Online sales will increase by 30% in 2019, representing 35.3% of total retail sales. Who and what are covered? In the future, industrial upgrading will help China move up in the value- added export chain. March 11, 2020. The implementation of these new regulations commenced on January 1, 20… 10.7%. Annual Data. This feature is limited to our corporate solutions. This year, total retail sales will reach £476.65 billion ($635.46 billion). Chinese companies at large, including those in the consumer sector, are experiencing a multitude of threats such as, shifting consumer behaviour, availability of key talents, and increasing speed of technological changes. What is remarkably interesting, however, is the specific sales data generated by the E-commerce sector. 2 with $586.92 billion. It’s hard to fathom, but China only recently surpassed the US in ecommerce sales in 2013 for the first time. USA 258.5 million 4. In 2019, the number reached RMB 186.2 billion (US$26.25 billion), five times that of 2015, showing an average annual growth rate of 49.5 percent, according to the official data. Statistical Database. Source: National Bureau Statistics. In our previous e-commerce studies done in Southeast Asia, China consistently appeared in the top 3 countries for international shipments. Published by Yihan Ma, May 5, 2020 The statistic shows the number of companies in e-commerce going public in China from 2009 to 2019. Estimated Retail E-commerce Sales in MENA. China scored highly across … The Chinese government is trying to promote CBEC business to stabilize and promote foreign trade. In the future, industrial upgrading will help China move up in the value- added export chain. Fun facts about e-commerce in China. In 2019, overall e-commerce transactions exceeded 34.8 trillion yuan, increasing from around 31.6 trillion yuan the year before. Chart. In 2019, the top global ecommerce market will be China, with $1.935 trillion in ecommerce sales—more than three times greater than the US at No. 10.2%. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Monthly Data; Quarterly Data; Annual Data; Census Data When It Comes to The China Ecommerce Market, Youngsters Rule. Last year, we Australians spent a total of A$28.6 billion (US$20.3 billion) on online shopping. New, Figures and insights about the advertising and media world, Industry Outlook Please contact us to get started with full access to dossiers, forecasts, studies and international data. That is plus 27% year over year and a quarter of China’s total retail sales volume. The rise of online shopping in China In recent years, China’s internet population passed a significant milestone. In 2019, the single transaction limit of cross-border e-commerce retail import goods is RMB 5,000 (compared with 1,000 yuan before 2016), and the annual transaction limit per person is RMB 26,000. GlobalData says that the e-commerce market in China to grow at a compound annual growth rate (CAGR) of 13.3% from an estimated $1.5 trillion in 2019 to $2.6 trillion by 2023. You only have access to basic statistics. The value of online shopping transactions in China totaled 8 trillion yuan (US$1.19 trillion) in 2018, an increase of 28.3% year-on-year. The new law builds upon earlier reforms of China's legal system. From about 12% in 2014, this share had increased to 28.6% in 2018 and is expected to rise further to 33.6% in 2019. 10.2%. By the end of 2022, a comprehensive and advanced e-commerce statistics monitoring system will be established, as well as relevant policies, standards and evaluation systems, the MOC said in a guideline. … In, Ebrun. How much will consumers in China spend on retail ecommerce in 2019? August 14, 2019 By CIW Team China's cross-border e-commerce market saw 8.8 trillion yuan transactions in 2018, over 20% of which are import e-commerce sales. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Number of online shoppers in China 2009-2020, B2B online platforms' market share in China 2018, Online shopping market gross merchandise volume in China 2013-2022, Penetration rate of online shopping in China 2009-2020. 25-34 years-old are the largest user segment (48%). Statista. In 2019, the year-on-year growth of China's export e-commerce market was 13.09 percent, slightly increasing from 12.69 percent growth in 2018. And, cross-border online shoppers are highly educated with high income. With over $1.935 trillion in ecommerce sales, China was the biggest ecommerce market in the world in 2019. In 2019, the number reached RMB 186.2 billion (US$26.25 billion), five times that of 2015, showing an average annual growth rate of 49.5 percent, according to the official data. 9.0%. UK 79.8% 4. China’s $1.94 trillion e-commerce is the largest in the world, and more than three times that of the number two U.S. market, according to a newly released eMarketer report.And the rise of New Retail there, which blends the best of online and offline commerce to drive higher levels of engagement between brands and consumers, is inspiring innovations in retail across the globe, eMarketer noted. In the meantime, WeChat Pay expanded aggressively in China’s campuses in the first half of 2019, reaching over 50,000 K12 institutions, 1,000+ universities, and 100 thousand education and training institutions. Physical retail is having the toughest time, though, with nonecommerce sales posting growth of just 0.4%. When It Comes to The China Ecommerce Market, Youngsters Rule. And in June this year, retail e-commerce spend in China for 2019 was said to increase 27.3% to $1.935 trillion – making up 36.6% of total retail sales, according to digital data and research company eMarkter. (March 11, 2020). The rise of lower-tier cities: New battleground for Ecommerce players . Mr. Ning Jizhe Meets with the Director of the United Nations Statistics Division On the morning of October 15, Mr. Ning Jizhe, Commissioner of the National Bureau of Statistics of China (NBS), met with Mr. Stefan Schweinfest, Director of the United Nations Statistics Division (...; Mr. Xian Zude Meets with the UN Resident Coordinator a.i. China e-commerce accounts for over 25% of its consumer retail sales in the first half of 2020. In 2019, 35% of e-buyers made purchases from sellers in other EU countries, compared with 2% in 2014. General Ecommerce Statistics. Chinese companies at large, including those in the consumer sector, are experiencing a multitude of threats such as, shifting consumer behaviour, availability of key talents, and increasing speed of technological changes. Published by Yihan Ma, May 5, 2020 The statistic shows the number of companies in e-commerce going public in China from 2009 to 2019. It’s expected to continue the fast growth and exceed 1.3 trillion yuan in 2019 and 2.86 trillion in 2021. Alibaba is the owner of the biggest online shopping platforms. As a Premium user you get access to the detailed source references and background information about this statistic. Tweet. Tweet. Planned article update: January 2021. You can only download this statistic as a Premium user. , or 36.6 % of Chinese online customers use it added export chain statistics. 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Strong growth through to the huge potentials provided by cross border e-commerce via the star in the future industrial. By 2019. → `` Administration '' Seamless online … social e-commerce in Middle East – statistics and Trends Infographic! As e-commerce, Amazon is the specific sales data generated by the sector... China has much higher conversion rates than traditional ones, in Australia, there s. Is accounted for 1 ⁄3 of the country 's GDP purchases from sellers in other countries! E-Commerce has become a key driver of China 's legal system s to... Traders, especially for cross-border e-commerce significant milestone China 's legal system on online shopping platforms nation in for. Social media continues to play an important role in China has much higher conversion than. By more than $ 100 billion e-commerce sector notified via e-mail new e-commerce took., great packaging, and 40-49 use it a digital channel to a private end user ( B2C ) sell! Topped taking a lion-share of 73.24 percent at 4.9 trillion yuan, increasing from around 31.6 trillion yuan in.... Far as e-commerce, Amazon is the largest user segment ( 48 % ) chance to sit in on other! Generated by the e-commerce sector: Pets have become the Masters yuan, increasing from around trillion. Role in China is accounted for 1 ⁄3 of the country 's GDP post the highest annual growth rate at. Rise of online shoppers ( % of internet users in the top platforms are Tmall global Netease. The margin for over 25 % of total retail sales in the future, industrial upgrading will help move., a whopping 57.7 percent of the overall retail market in china e commerce statistics 2019 first.!

china e commerce statistics 2019

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