According to market data from 2016-2020, cross-border business to business (B2B) e-commerce in China totaled 3 billion dollars. In 2019, China will have $7 trillion yuan, a growth rate of 18 percent over 2018. Table of contents
How Big Is The Chinese Ecommerce Market?
According to a report by the McKinsey Global Institute, China’s retail online sales are expected to account for more than $2 trillion in 2021. The United States is worth 49 trillion dollars. A 15 percent year-over-year increase in dollar revenue is reported. It is expected that China’s online retail sales will surpass $3 billion in the next few years. U.S. debt is $6 trillion. In 2025, the United States will have invested $1 trillion. What Is The B2B Ecommerce Market Size?
B2B E-Commerce accounted for 8527 USD in 2015 with an average market worth of $8.43 Billion. By 2021, the market will be valued at USD 18,771 trillion, which has a projected growth rate of 3 billion over 2022. In 2027, we expect this expenditure to reach US$4 Billion. In the next few years, the market’s CAGR could be 14%. The GDP will increase by 1% between 2022 and 2027. How Much Of E-Commerce Is From China?
An estimated $50 billion worth of e-commerce sales were generated by China in 2021, much more than the combined sales revenues of Europe and the United States. Over 780 million people live in China alone, making it the world’s largest digital buyer community. What Percentage Of E-Commerce Is B2B?
This sector accounts for 13 percent of the market in 2019. The U.S. economy as a whole is doing well. A forecast of 1 billion dollars in B2B online sales is expected in 2019. The US economy is valued at $8 trillion. It is estimated that 2023 will be […]
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