Cross-border accounts for 24% of total online sales in Europe

June 5, 2020 by
Sanne Leenders
online sales europe

Cross-border has experienced an increase of 14.4% compared to the year before. The cross-border market (excluding travel) represented a turnover of around 109 billion euros in 2019. The cross-border share represents 23.55% of total online sales in Europe according to CBCommerce Europe.

Players within the European Union (55%) generate most of the cross-border trade in Europe. Their market share has increased with 3% compared to the year 2018. Players outside the European Union generate 45% of the cross-border trade in Europe.

Top 10 cross-border retailers

The top 10 cross-border retailers have experienced some changes. Lego, C&A, Smyths Toys and TomTom entered the list, while Pandora, Thomann, Jack & Jones and Swarovski dropped in the rankings.

  1. Ikea
  2. H&M
  3. Zara
  4. Lego
  5. Nespresso
  6. C&A
  7. Zalando
  8. Vivino
  9. Smyths Toys
  10. TomTom
TOP 500 ranking

CBCommerce Europe started its TOP 500 of the strongest cross-border companies last year. It ranks the e-commerce players by weighting the following four factors. The amount of online cross-border sales in Europe (16 countries within Western Europe and Scandinavia), SEO-indicators covering cross-border performance, a cross-border score determined on the amount of active countries and the amount and percentage of cross-border visitors.

Ikea, the leader of this TOP 500 ranking, progresses by one place. The company achieved cross-border turnover of €4.6 billion, an increase of 21% compared to the leader in 2018. Looking at the bottom of the ranking, Decitre takes position number 500 with a turnover of €2.65 million, an increase of 20.4% compared to 2018. The barrier to entry to this TOP 500 is therefore much higher than it was in 2018 (€ 2.2 million).

Marketplaces

In this TOP 500 ranking, 25 Marketplaces represent a turnover of €10.5 billion or 26.4% of total sales and an increase of 17% compared to 2018. Regarding retailers outside the European Union, 80% of cross-border sales are generated through ‘marketplaces’ with Amazon as the leader with its €32 billion sales.

28% of Europeans say that they appreciate the convenience of cross-border e-commerce. Despite the Brexit and the spread of the COVID-19 pandemic, they firmly believe in a promising future for cross-border e-commerce in Europe.

Tagged with:
INTERCULTURAL COMPETENCES: The key to global success! 🌎 quickFIX Podcast 🎙️
Today we talk about Intercultural Competences, a core topic for the success of any business wishing to be international, and we do so with Jenny Izaguirre, an expert in Corporate...
May 22, 2024
TikTok could be planning a live shopping functionality for the U.S.
TikTok might be planning to launch a live shopping service in the U.S. according to a news release by Semafor. 🔥Do you want to know more about international commerce and...
October 26, 2022
5 Top features for your eCommerce B2B
By our partners at LogiCommerce - The B2B sector is undergoing a digital transformation, and the eCommerce is the ideal channel for them to save on operating costs, reduce management...
June 16, 2022
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