In 2021, the value of Spanish e-commerce exceeded 57.7 billion euros. Compared to the previous year, this represented an increase of 11.7%. This expansion was mostly the result of international sales. Ecommerce in Spain reached 16.9 billion euros in the fourth quarter of 2021, a 15.8% increase from the previous year’s period, according to the Spanish National Commission of Markets and Competence’s (CNMC).
To reach 334 million, the number of transactions increased by 8.6 percent in 2021. Sixty-five percent of those transactions were recorded overseas. This indicates that a sizable portion of internet transactions in Spain involved international sales.
Additionally, cross-border sales accounted for 60% of Q4’s total revenue. These had a value of 10.156 billion euros, an increase of 14% from the previous year. European Union consumers accounted for most of the cross-border sales (90%).
However, transactions outside Spain led to a turnover of 1,56 billion euros in the fourth quarter. Compared to the previous year’s period, this represents a growth of 27.7%. A minimum of 59.6% of these purchases came from the European Union.
Ecommerce revenue within Spain also increased by 16%, reaching 5,2 billion euros. When looking at sectors generating the highest turnover, fashion takes first place with a share of 8 percent of the total turnover. It is followed by financial intermediation services (6.6%) and travel agencies (5.3%).
Read further: News, cross-border, ecommerce, Fashion, spain
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