25% Growth for E-commerce in Spain

October 16, 2017 by
Jeroen Leenders

ecommerce_spain_q12017In Spain, e-commerce increased by 24.8 percent year-on-year during the first quarter of 2017. In these three months, 6.8 billion euros was spent online, while the number of transactions increased by 31 percent to 115 million. According to data by communications regulator CNMC, the highest revenue can be found in the travel category, accounting for more than 13 percent of the total turnover of e-commerce in Spain. It is closely followed by air transport (11,2%) and, on some distance, clothing (6,2%).

The 115 million transactions account for an increase of 31 percent compared to the same period last year. CDs, books, newspapers and stationery are the areas of activity with the highest percentage of e-commerce transactions.

The Spanish spend 55,4% of their online purchases on Spanish e-commerce websites. The other part was spent on e-commerce websites in foreign locations. Almost all (93%) purchases were done in countries within the European Union. Only 3 percent went to the United States. The remaining 4 percent was spent in other areas.

 

 

Shein falls into the red ahead of its Hong Kong IPO
Shein has reported a quarterly net loss as the fast-fashion e-commerce giant prepares for its long-awaited initial public offering in Hong Kong. The Singapore-headquartered retailer recorded a net loss of...
July 27, 2026
Notino reaches €1.76 billion as European cross-border growth accelerates
Czech beauty retailer Notino generated €1.76 billion in revenue during its latest financial year, reinforcing its position as one of Europe’s most successful cross-border e-commerce businesses. The Brno-based company closed...
July 24, 2026
Kord raises £6.4 million to unify onboarding, compliance and payments
UK fintech company Kord has raised £6.4 million in Series A funding to expand its platform for customer onboarding, regulatory compliance and payment processing. The round was led by Guinness...
July 21, 2026
Top crossmenu

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close