eCommerce market in Timor-Leste
Timor-Leste is one of the smaller markets for eCommerce with a predicted revenue of US$46.2 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 9.6%, resulting in a projected market volume of US$66.7 million by 2028. With an expected increase of 12.1% in 2024, the Timorese eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Timor-Leste, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Timorese eCommerce market. Electronics is the largest market and accounts for 24.7% of the Timorese eCommerce revenue. It is followed by Fashion with 20.6%, Hobby & Leisure with 19.6%, Furniture & Homeware with 11.5%, Care Products with 8.1%, Grocery with 7.9%, and DIY with the remaining 7.7%.
Market development
eCommerce revenue development in Timor-Leste
Timor-Leste is one of the smaller markets for eCommerce with a predicted revenue of US$46.2 million by 2024. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 9.6%, resulting in a projected market volume of US$66.7 million by 2028. With an expected increase of 12.1% in 2024, the Timorese eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Timor-Leste, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Timorese eCommerce market. Electronics is the largest market and accounts for 24.7% of the Timorese eCommerce revenue. It is followed by Fashion with 20.6%, Hobby & Leisure with 19.6%, Furniture & Homeware with 11.5%, Care Products with 8.1%, Grocery with 7.9%, and DIY with the remaining 7.7%.
eCommerce revenue development in Timor-Leste
eCommerce revenue growth in Timor-Leste
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 23.5 | 80.7 | 71.7 | 57.3 | 39.1 | 21.0 | 10.5 | 3.7 |
Market comparison
The Timorese eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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