There are still several barriers to overcome in this market, cross-border shoppers cite slow and expensive product delivery as their biggest concern, followed by pricey taxes and duties. This is why you need an expert like Asendia on your side, with e-PAQ, our range of packet and parcel services to Brazil.
If you can get it right the opportunities are great. Brazil is the largest economy in Latin America and home to over 140 million Internet users. Ecommerce in Brazil is well developed and 42% of Brazil’s population are millennials, so it’s likely that ecommerce will continue to grow in the years to come.
If Argentina is part of your cross-border e-commerce strategy contact us to see how we can help you deliver with e-PAQ.
E-commerce has been a bright spot in the Argentine economy, which has been struggling with inflation since its 2018 economic crisis. E-commerce in Argentina grew nearly 38% in 2018, and according to a report commissioned by PayPal, 43% of Argentine digital consumers made a cross-border transaction in 2018, with over 50% being from outside the continent.
Mexico has seen double-digit increases in online shopping in recent years, but despite this growth, e-commerce accounts for just a fraction of overall retail sales in the country. This indicates room for foreign retailers to grab a hold of market share. Of those Mexicans that are already shopping online, 67% reportedly purchase from international retailers.
If your research gives you confidence your products could be popular in this market, make sure you consider Asendia's packet and parcel delivery options.