eCommerce market in Bolivia

Bolivia is the 66th largest market for eCommerce with a predicted revenue of US$1,970.1 million by 2023, placing it ahead of Lebanon. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 13.2%, resulting in a projected market volume of US$3,239.3 million by 2027. With an expected increase of 16.5% in 2023, the Bolivian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Bolivia, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Bolivian eCommerce market. Electronics & Media is the largest market and accounts for 36.3% of the Bolivian eCommerce revenue. It is followed by Food & Personal Care with 29.2%, Fashion with 16.3%, Furniture & Appliances with 12.6%, and Toys, Hobby & DIY with the remaining 5.5%.