Australia’s b2c e-commerce sales have been steadily growing for years, although this growth is beginning to slow because the country is fairly well developed technologically now. In 2011, their annual business-to-consumer online retail sales nearly topped $35 billion. Continue reading
The largest online retail spending group in Europe can be found in the UK, which consists of the countries of England, Scotland, Wales, and Northern Ireland. They are spending over $80 billion every year online, a figure that grows by 11% annually and puts them well ahead of developing online spenders like China. Continue reading
The USA is the world leader for a single country in online retail sales, which only consists of sales for business to consumer goods. Compared with other countries of the world, the competition in e-commerce markets is much more fierce, but there is also a lot of money to be made for those that can keep up with the competition. Continue reading
Out of all countries in the world, China has the most potential to eventually become the world leader in online retail sales instead of the USA. For more than half a decade now, the online retail sales in China have been growing by nearly 80% each year. Current sales are around $23 billion annually and expected to top $80 billion within 5 years. Continue reading
Poland’s online retail sales from 2011 topped $6 billion, and they are projected to continue to grow at the rate of 24% annually for the near future. They are another one of the few countries in Europe that has been experiencing economic growth in otherwise tough times elsewhere in the world. Continue reading
Another hidden gem in Eastern Europe is Turkey with $1.3 billion in annual online retail sales with that number set to top $2 billion in just four years. As a whole, Turkey is one of the few countries in the world experiencing economic growth right now during a worldwide economic downturn. Continue reading
A massive country with a huge population that is still fairly untapped in terms of online retail sales is Russia. Even though they have the largest number of people online out of any other European country, they only have about $9 billion in online retail sales annually, but this figure is expected to double in the next four years. Continue reading
Germany accounts for nearly $36 billion in annual e-commerce retail revenue and that figure is increasing by as much as 18% each year. Internet users in Germany are very likely to complete purchases with nearly 80% of them doing so this year. When you also consider that the German economy is much better off than most of the other countries in the world right now, this is a very positive sign. Continue reading
Spain is another rising start of Western Europe that has previously lagged behind most of the other countries. With around $9 billion in annual online retail sales, Spain still offers a strong market potential even at it’s current state, and it is growing by nearly 20% annually. Continue reading
Considered to be the gateway to online retail in the Middle East, the United Arab Emirates, or the UAE, only boasts about a quarter of a billion dollars in online retail sales annually but has other reasons that makes it an important target for e-commerce. Continue reading