Dutch consumers spent 15 percent more on European webshops

According to the Dutch research company CBS, Dutch consumers spent around 400 million euros on products at foreign webshops in the European Union in the first quarter of 2018. This is 15 percent more than in the first quarter of 2017.

Internet sales of webshops based in the Netherlands increased by almost 22 percent in the first quarter of 2018. That is more than the growth in turnover that other European webshops achieved through sales to Dutch consumers. Dutch consumers were responsible for 15 percent turnover growth for European webshops during this period.

At Dutch webshops, turnover grew by 19 percent in the first months of 2018. While the turnover of Dutch retail companies with both a physical store and a webshop grew 26 percent. The total turnover of the Dutch retail trade grew by 2.7 percent in the first quarter of this year.

Note
CBS notes that only webshops with a turnover of 100,000 euros or more were taken into account. Foreign webshops that sell more than 100,000 euros a year to Dutch consumers are obliged to file a VAT return. These declarations have been used as a source. The market is therefore larger.