eCommerce market in the Dominican Republic

The Dominican Republic is the 74th largest market for eCommerce with a predicted revenue of US$1,531.5 million by 2023, placing it ahead of Croatia. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 11.5%, resulting in a projected market volume of US$2,365.5 million by 2027. With an expected increase of 15.7% in 2023, the Dominican eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in the Dominican Republic, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Dominican eCommerce market. Electronics & Media is the largest market and accounts for 53.3% of the Dominican eCommerce revenue. It is followed by Fashion with 23.4%, Food & Personal Care with 11.1%, Furniture & Appliances with 7.3%, and Toys, Hobby & DIY with the remaining 4.9%.