Hamburg, Germany, February 26, 2017 --(PR.com
)-- As reported by yStats.com, the Asia-Pacific is the biggest region globally in terms of E-Commerce sales and cross-border online shopping is advancing further. This report cites estimations that between 2014 and 2020, Asia-Pacific will have the leading contribution to cross-border B2C E-Commerce sales globally, more than Western Europe or North America.
China has made its way to the top of this trend due to the rapid escalation of cross-border online imports and exports. However, this country is outranked by Australia and Singapore in terms of share of E-Commerce consumers purchasing cross-border. A recent survey cited by yStats.com also places South Korea in the running, with almost half of online shoppers making cross-border purchases. In contrast, Japan ranks as the country with consumers who are least likely to buy cross-border. Japan exports more E-Commerce products to countries such as China and the USA than it imports.
Cross-border online consumers from South Korea and Australia have the highest demand for clothing. In contrast, E-Commerce consumers in China prefer cosmetics and children’s products. yStats.com research also shows that almost two-thirds of Chinese cross-border online consumers utilize import channels of major Chinese E-commerce websites such as Alibaba’s Tmall Global and JD.com’s JD Worldwide.
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.