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South Korea: retail e-commerce sales 2016-2022

Retail e-commerce sales in South Korea from 2016 to 2022 (Figures expressed in millions of U.S. dollars, unless otherwise specified)

The data presents retail e-commerce sales in South Korea from 2016 to 2022. In 2017, retail e-commerce sales amounted to 40.68 billion USD and are projected to grow to 57 billion USD in 2021. In 2016, Lotte.com was the second-ranked online store in South Korea with 855 million USD in net e-commerce sales during that year. Other popular online stores were Coupang, Emart and Gmarket. E-commerce in South Korea seems to never slow down - in 2016, the year-on-year growth of online shopping sales was 20.5 percent, compared to a 19.

2016 36049
2017 40682
2018 45345
2019 49736
2020 53652
2021 57003
2022 59789