Retail e-commerce in Russia February 2019

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M-A_E-Commerce_in_Russia_February-2019

E-commerce strong growth continues. Retail e-commerce sales in
Russia grew by 20% in 2017 and by 19% to nearly US$18 billion in
2018.

Market is still underdeveloped. The Russian e-commerce market
still lags: in 2018, 12% of retail sales globally were made online
(China: 16%, UK 14.5%, Germany 8.4%), compared with just 3% in
Russia.

So, scope for growth? Growth rates over the next five years are
forecast to be in the high teens, percentage wise, per annum, with
15% growth being the consensus figure for 2019.