E-Commerce Industry in Latin America

Top Retailer
Top Category
Country
Online Share
10-15%

E-Commerce Revenue

US$179,209m
2025

Growth

10-15%
2025

Growth Forecast

5-10%
25/26

Average Order Value

2025

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LATAM E-Commerce: Market Size & Growth

E-Commerce Revenue by Year & Annual Growth Rate

The LATAM E-Commerce Market generated an e-commerce revenue of US$179,209m in 2025, reflecting an e-commerce growth rate of 10-15% compared to the previous year. Projections for 2026 see the e-commerce market trending toward a change of 5-10% .

Annual Revenue

US$179,209m
2025

Annual Growth Forecast

5-10%
25/26

E-Commerce Market Size by Annual Revenue (in Million US$)

2023
2024
179,209
2025
2026
2027

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Monthly E-Commerce Revenue & Growth

Online sales are subject to changes throughout a year that are determined by broader consumer habits, cultural preferences, and the general state of the economy. In the LATAM E-Commerce Market, monthly revenues in February of 2026 were US$13,661m. This represents a change of <0% from the previous month.

Revenue Current Month

US$13,661m
02/26

Growth from Previous Month

<0%
01/26-02/26

Monthly Revenue (in Million US$)

10/2025
11/2025
12/2025
01/2026
13,661
02/2026

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LATAM E-Commerce: Product Categories

In the LATAM E-Commerce Market, Electronics is the largest category, contributing 27% to the markets's total revenue. Among all e-commerce product categories, it holds the leading position in terms of revenue share and consumer demand.

Revenue Breakdown by Category

2025

Electronics (27%)

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Biggest Online Retailers in LATAM E-Commerce

The largest e-commerce retailer in the LATAM E-Commerce Market is Mercado Libre, with an online revenue of US$62,915m in 2025. Its revenue changed by 20-25% in 2025. Following in second place is Amazon, followed by Shopee in third place.

# 1
Biggest Category

Electronics

Biggest Country

Brazil

Growth 24/25

20-25%

Revenue 2025 (GMV)

US$62,915m

# 2
Biggest Category

Biggest Country

Growth 24/25

Revenue (GMV)

# 3
Biggest Category

Biggest Country

Growth 24/25

Revenue (GMV)

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LATAM E-Commerce Penetration: Online Market Share

The LATAM E-Commerce Market reached an online share of 10-15% in 2025. This e-commerce market share measures what percentage of revenues are generated through online channels. The online share is expected to reach 10-15% in 2026.

Online Share

10-15%
2024

Online Share Forecast

10-15%
2026

Online Share/E-Commerce Market Share

2023
2024
10-15%
2025
10-15%
2026
2027

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