E-commerce market size in Latin America 2025-2030, by country

Latin America's e-commerce market is poised for significant growth, with Brazil leading the charge. The country's e-commerce revenue is expected to reach *** billion U.S. dollars by 2030, up from ** billion in 2025. Mexico follows as the second-largest market, projected to grow from ** billion to *** billion U.S. dollars in the same period. This growth reflects the increasing importance of the digital market in the region.

Mobile commerce and cross-border sales

Mobile commerce is revolutionizing Latin America's e-commerce sector. By the end of 2025, mobile retail e-commerce sales in the region are forecast to reach approximately *** billion U.S. dollars, a ******** increase from 2019. Additionally, cross-border online sales are gradually increasing, expected to account for ** percent of the total e-commerce market in Latin America by 2025, up from ** percent in 2022. This trend indicates a slowly expanding appetite for international products among Latin American consumers.

Evolving payment landscape

Latin America's e-commerce sector is witnessing a shift in payment preferences. Account-to-account (A2A) payments are gaining traction, accounting for ** percent of total e-commerce transaction value in 2024. Countries like Brazil, Peru, and Colombia are expected to see the highest increase in A2A payments by 2030. Meanwhile, Buy Now, Pay Later (BNPL) methods are becoming increasingly popular, particularly in Mexico and Colombia. Digital wallets are also on the rise, with ********* leading the region in adoption for online purchases. These diverse payment options are reshaping the e-commerce landscape and driving further growth across Latin America.