How many ecommerce users are there in Indonesia?

How many ecommerce users are there in Indonesia?

Digital User Insights There are currently 158 million ecommerce users in Indonesia, with an additional 63 million users to be shopping online by 2021. These 221 million ecommerce users will represent 77% of the total population.

What products are in high demand in Indonesia?

Consumer Electronics – US$ 8.17 billion. Toys, Hobby & DIY – US$ 6.78 billion. Furniture and Appliances – US$ 6.26. Personal care – US$ 4.15 billion.

What is growth in ecommerce?

E-Commerce sales were $870 billion in the US in 2021, a 14.2% increase over 2020 and a 50.5% increase over 2019. E-Commerce represented 13.2% of all retail sales in 2021 in the US.

Why is ecommerce growing?

It’s not surprising that ecommerce skyrocketed in 2020 as consumers turned to their devices for their grocery, apparel, and home furnishing purchases. The convenience of ecommerce, combined with this change in consumer behavior, reflects a stronger demand for online shopping throughout the pandemic.

What is an e commerce transaction?

E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.

What Indonesia import the most?

Imports The top imports of Indonesia are Refined Petroleum ($7.45B), Crude Petroleum ($3.13B), Telephones ($2.95B), Planes, Helicopters, and/or Spacecraft ($2.69B), and Petroleum Gas ($2.42B), importing mostly from China ($40.8B), Singapore ($14.8B), Japan ($9.24B), Thailand ($7.76B), and United States ($7.59B).

What is Indonesia’s biggest export?

Indonesia’s biggest export by value is palm oil, a commodity that accounts for over a tenth of all Indonesian exports. Based on the average exchange rate for 2020, the Indonesian rupiah depreciated by -9.6% against the US dollar since 2016 and dropped by -3.1% from 2019 to 2020.

How big is the e-commerce market?

Report Overview. The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. Increasing penetration of the internet is bolstering the smartphone-using population across the world.

What percentage of business is done online?

Instead, the coronavirus pandemic spurred an uptick in online activity as businesses were forced to make operational changes to meet the shifting dynamics in the market; IBISWorld estimates that the percentage of business conducted online increased 27.9% in 2020 alone, reaching 30.8% of business activity.

How big is the e-commerce market in Indonesia?

E-commerce revenue in Indonesia is expected to grow to 50.7 billion U.S. dollars in 2024. Statista’s Digital Market Outlook offers forecasts, detailed market insights and essential performance indicators of the most significant areas in the Digital Economy, including various digital goods and services for 150 countries worldwide.

What is the most preferred e-commerce payment in Indonesia?

In terms of digital payment, Digital and mobile wallet accounted for the most preferred e-commerce payment in Indonesia, making up around 30 percent of all e-commerce payments in 2020. This text provides general information.

How big is Indonesia’s cross-border ecommerce market?

Only a quarter of ecommerce purchases are cross-border, but researchers expect the market for goods from other countries to expand. Indonesia is the ninth largest ecommerce market, with projected 2022 sales of USD $59 billion, according to Statista.

What are the top 100 online stores by net sales in Indonesia?

The eCommerce net sales of the top 100 Indonesian online stores accounted for about US$3 billion in 2020. heads the list of the online stores by net sales in Indonesia in 2020. Other large and prominent players on the Indonesian market are e.g.,, and