That is up from e-commerce accounting for 12.6% of retail sales of physical goods in China in 2016. Sales of such digital items as games, videos and music accounted for the remaining 1.7 billion yuan ($272 billion) Total retail sales in China increased 4.6% in 2017, a modest uptick from nearly 4.5% in retail growth in 2016, the Ministry of Commerce says. According to the source, online sales in the United States accounted for nine percent of total retail sales during that year. Online sales is now the fourth largest sector overall, bringing in about $59.8 billion in adjusted sales for February. Motor vehicles and parts is the largest segment, making up about 20 percent of all retail spending. Food and beverage store sales and restaurants and bar sales each make up about 12 percent. In 2019, China will account for nearly 56 percent of all online retail sales globally, with that figure expected to exceed 63 percent by 2022, according to the eMarketer report. The share of the U.S. market, meanwhile was projected to drop from 17 percent to 15 percent in that same time. During the first half, B2C online retail accounted for about 75.8 percent of the online retail market, a 4.1 percentage points rise from the same period last year. The scale of China's online retail market continued to expand in 2018. The online retail sales of tangible goods reached seven trillion yuan, a year-on-year increase of 25.4 percent. It makes up 45.2 percent to the total retail sales of consumer goods, an increase of 7.3 percent from last year, Gao said.
22 Jul 2019 in 2017, with online sales accounting for nearly 16 percent of total sales. Its annual active consumers on the China retail marketplaces 6 Jun 2019 China became the first market to reach $1 trillion in online retail sales in 2018 and continues to be the largest market, accounting for 82% of Ecommerce is a major driver of China’s retail economy, with sales growing more than 30% in 2019 to reach $1.989 trillion. That means 35.3% of China’s retail sales occur online, by far the highest rate in the world. The US lags far behind, with ecommerce on track to represent 10.9% of its retail sales. Online retail sales in China totaled about $1.33 trillion (just over 9.00 trillion yuan) in 2018, an increase of 23.90% compared with 2017, according to the National Bureau of Statistics of China, a government agency. Of that total, sales of physical goods were $1.03 trillion (7.00 trillion yuan), up by 25.40%.
Proportion of China's cross border E-commerce import and export transactions . growth rates of online shopping and the total retail sales of social consumer
17 Sep 2019 From January to August 2019, the national online retail sales of goods and services accounting for 19.4 percent of the total retail sales of consumer goods; of the online retail Traditional Chinese and Western Medicines. India has an internet users base of about 475 million as of July 2019, about 40% of the population. This number is expected to be 627 million by the end of 2019. Despite being the second-largest userbase in world, only behind China (650 Online travel constitutes a sizable portion (87%) of this market today. Online travel Proportion of China's cross border E-commerce import and export transactions . growth rates of online shopping and the total retail sales of social consumer in the retail sector, there is less consensus on what percentage of retail sales occur online. Depending Figure 1: Total E-Commerce Sales and Growth Rates Online sales were approximately USD750 billion last year, according to eMarketer, representing 16 percent of China's total retail sales, the highest proportion in
That means 35.3% of China’s retail sales occur online—by far the highest rate in the world. By the end of this year, China will have 55.8% of all online retail sales globally. The US lags far behind, with ecommerce on track to represent 10.9% of its retail sales. (China surpassed the US in ecommerce sales in 2013.) China retail market overview 2018; rural areas grew by 10.1%, online retail up 24%. In the whole year of 2018, the total retail sales of consumer goods amounted to 38,098.7 billion yuan (US$5,620.13 billion), up by 9.0% year-on-year (nominal growth rate), according to the National Bureau of Statistics of China. sales in physical retail channels carrying multiple brands like department stores continued to lose share to online channels, mono-brand stores in China enjoyed a sizable uptick in sales, rising from just 2 percent year-on-year growth in 2016 to 8.3 percent in 2017. Meanwhile, consumers continue to blur the Premium-Statistic | This statistic shows retail e-commerce sales as a percent of total retail sales in China in 2014 and 2015, and a forecast until 2019. In 2015, e-commerce sales accounted for 15.9 percent of all retail sales in China, this figure is expected to reach 33.6 percent in 2019. That is up from e-commerce accounting for 12.6% of retail sales of physical goods in China in 2016. Sales of such digital items as games, videos and music accounted for the remaining 1.7 billion yuan ($272 billion) Total retail sales in China increased 4.6% in 2017, a modest uptick from nearly 4.5% in retail growth in 2016, the Ministry of Commerce says. According to the source, online sales in the United States accounted for nine percent of total retail sales during that year. Online sales is now the fourth largest sector overall, bringing in about $59.8 billion in adjusted sales for February. Motor vehicles and parts is the largest segment, making up about 20 percent of all retail spending. Food and beverage store sales and restaurants and bar sales each make up about 12 percent.