Global E-Commerce Sales Top $1 Trillion for First Time

Global E-Commerce Sales Top $1 Trillion for First Time

February 7, 2013         Written By Bill Hardekopf

E-commerce sales surpassed the $1 trillion mark last year for the very first time, according to a report from eMarketer. Sales in 2012 increased 21.1 percent versus year-ago levels.

Business-to-consumer e-commerce sales are expected to grow 18.3 percent in 2013, reaching $1.298 trillion. The Asia-Pacific region is projected to eclipse North America in sales this year to become the world’s leading region for B2C e-commerce sales, due primarily to huge increases being posted in China.

The top five countries in e-commerce sales in 2012:

  1. United States. Sales of $343 billion represented a 13.8 percent increase. This volume was 31.5 percent of the total global e-commerce sales last year. Sales are projected to grow 12.0 percent in 2013 to $384 billion.
  2. Japan. Sales of $127 billion were 13.3 percent above 2011. Sales are forecast to be $140 billion in 2013, up 10 percent.
  3. United Kingdom. Sales of $124 billion in 2012, a 14.4 percent jump. 2013 sales are expected to increase 13.4 percent to $141 billion.
  4. China. Sales of $110 billion were up 94 percent versus a year ago. Projected to increase 65 percent in 2013 to $181 billion.
  5. Germany. Sales of $47 billion in 2012, up 23.4 percent. Sales expected to reach $53 billion in 2013, a jump of 12.7 percent.

This entry was posted in Credit Card News and tagged e-commerce , B2C sales , eMarketer , global business , Internet sales


The information contained within this article was accurate as of February 7, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


bill-hardekopf

About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
View all posts by Bill Hardekopf
Featured Limited/No Credit
Top Features : No annual fee; reports to major credit bureaus; access to higher credit line after making first 5 monthly payments on time
Featured Fair Credit Card
Top Features : No annual fee; access to higher credit line after making first 5 monthly payments on time
Featured Low Interest Card
Top Features : 1.25X miles on every purchase; no annual fee; bonus of 20,000 miles once $1,000 is spent in first 3 months
Featured Cash Back Card
Top Features : 1.5% cash back on all purchases; $150 bonus after spending $500 in first 3 months
Featured No Annual Fee Card
Top Features : 2% cash back on purchases: 1% when you buy plus 1% as you pay; 0% APR for 18 months on balance transfers
Featured Bad Credit Card
Top Features : Perfect credit not required; Reports to major credit bureaus