Halal Industry Islamic Lifestyle

Turkey e-commerce volume reaches $20 bln in 2019

Published 25 Jun,2020 via Hürriyet Daily News - The volume of e-commerce in Turkey amounted to 136 billion Turkish Liras (nearly $20 billion) in 2019, the country’s trade minister said on June 24.

During a virtual meeting on Turkey's Electronic Commerce Information System (ETBIS), Ruhsar Pekcan shared some details of the country's e-commerce data that is compiled for the first time.

In the first five months of this year, especially amid the coronavirus pandemic, the volume of e-commerce reached 63.3 billion Turkish Liras ($9.2 billion)," Pekcan revealed.

This, she said, marks an increase of 48% compared to the same period last year, adding e-commerce food shopping increased six folds during the pandemic.

During the period, sectors showing the highest increase in card transactions were white goods and home appliances with 75% increase, clothing, shoes and accessories with 43%, electronics sector and software sector with 53% and 95% rises, respectively.

Emphasizing that this data will be the main source in all future analyzes related to the e-commerce, Pekcan said 85% of the country’s total e-commerce volume in 2019 comprised of domestic purchasing, 9% purchase from other countries through Turkish e-commerce sites, and 6% of Turkish citizens shopped from overseas.

Pekcan pointed out that currently a total of 68,457 businesses continue their e-commerce activities.

© 2020 Hürriyet Daily News

DISCLAIMER: This content is provided to us “as is” and unedited by an external third party provider. We cannot attest to or guarantee the accuracy of information provided in this article from the external third party provider. We do not endorse any views or opinions included in this article.