Tuesday, November 5, 2024

E-commerce grows 11.7% in Spain

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Sales through e-commerce are still booming in Spain. Despite the problems in supply chains and the shortage of some materials and components, in 2021 the total e-commerce in our country grew by 11.7%.

Bills E-Commerce In the last quarter of 2021, it grew in Spain by 15.8% year-on-year to nearly €17,000 million. This comes from the latest data published on the CNMCData portal of the National Market and Competition Commission which closes 2021 again with double-digit growth.

In this year’s global account, national e-commerce exceeded 57,700 million euros last year, up 11.7% over the previous year.

As usual, clothing has become the highest-income sector of activity, accounting for 8% of turnover. On the other hand, the auxiliary services of financial intermediaries, travel agencies and logistics operators came in second and third place with 6.6% and 5.3% of the total trading volume, respectively.

According to CNMC data, just over 334 million transactions were registered during the last quarter of last year, up 8.5% from the previous quarter. 40% of the income generated from these transactions remained in companies in Spanish territory, while 60% of the remaining income was generated in purchases in our country, but for companies operating online from abroad.

e-commerce CNMC

This results in a net external balance of what Buying from abroad to Spain And what was bought from our country abroad 8601 million euros. This figure means that 33.5% of transactions executed in our country generated sales in Spain, while the remaining 66.5% went abroad.

With this, the volume of transactions executed in Spain on web pages or markets The number of foreigners grew to 10,156 million euros, a 14% increase over the same period the previous year. It should be noted that 90% of these overseas purchases are made by companies operating within the European Union.

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Foreign e-commerce continues to grow

Overseas sales of companies operating in our country achieved a turnover of 1,556 million euros, an increase of 27.7% over the same period last year. 59.6% of these purchases come from users or companies located in the European Union.

Within Spain, public administration is the branch of activity that has the largest volume of business in e-commerce

Similarly, more than half of these purchases from abroad with Spain, specifically 50.2%, are related to the tourism sector, which includes travel agencies, air and land transport, car rental and hotels.

Within our country, income from e-commerce increased to 5,204 million euros, which is an increase of 16% year-on-year. Public administration, taxation and security is the branch of activity with the largest volume of business in E-Commerce by 10%. It is followed by supermarkets, hypermarkets and food stores with 8.1%.

Initial image | PhotoMIX Company

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