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*The sale of certain products in this market may be subject to international export regulations. If you would like to learn more about selling into this market, lets chat.
Argentina’s ecommerce market is projected as one of the fastest growing in the world. It is the eighth largest country in the world, with active consumer behavior. The increase in the use of mobile devices and the consumer features make Argentina an attractive option for business owners. The natural evolution of ecommerce and the adoption of technology indicate that ecommerce will continue to thrive here.
Revenue in the ecommerce market is projected to reach $5.5 million in 2020. Revenue is expected to show an annual growth rate of 14.8%, resulting in a projected market volume of $11 million by 2025. The market’s largest segment is electronics and media with a projected market volume of $1.6 million in 2020.
Popular payment methods for online purchases are prepaid cards and direct carrier billing (mobile payments through SMS).
In Latin America, even though cash-based payments are hard to beat in ecommerce (with notoriously convenient kiosk cash payments methods such as Boleto Bancário, or OXXO setting the tone these days), central banks actively collaborate with the fintech environment and the government to create a climate of financial inclusion and offer unbanked citizens easy means of paying and purchasing online in faster and safer conditions.
Cross-Border Fulfillment: Landed Cost is Available.
In-Country Fulfillment: Not available