eCommerce market in Belarus
Belarus is the 77th largest market for eCommerce with a predicted revenue of US$1,366.8 million by 2023, placing it ahead of Luxembourg. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 14.0%, resulting in a projected market volume of US$2,306.4 million by 2027. With an expected increase of 27.7% in 2023, the Belarusian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Belarus, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Belarusian eCommerce market. Fashion is the largest market and accounts for 32.4% of the Belarusian eCommerce revenue. It is followed by Electronics & Media with 25.3%, Food & Personal Care with 22.0%, Furniture & Appliances with 13.1%, and Toys, Hobby & DIY with the remaining 7.2%.
Market development
eCommerce revenue development in Belarus
Belarus is the 77th largest market for eCommerce with a predicted revenue of US$1,366.8 million by 2023, placing it ahead of Luxembourg. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 14.0%, resulting in a projected market volume of US$2,306.4 million by 2027. With an expected increase of 27.7% in 2023, the Belarusian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Belarus, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Belarusian eCommerce market. Fashion is the largest market and accounts for 32.4% of the Belarusian eCommerce revenue. It is followed by Electronics & Media with 25.3%, Food & Personal Care with 22.0%, Furniture & Appliances with 13.1%, and Toys, Hobby & DIY with the remaining 7.2%.
eCommerce revenue development in Belarus
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
| AOV (in US$) | 93.5 | 38.1 | 98.2 | 69.7 | 71.3 | 7.7 | 22.4 | 71.1 |
| CVR (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
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