{"id":6689,"date":"2016-05-27T10:05:03","date_gmt":"2016-05-27T15:05:03","guid":{"rendered":"https:\/\/www.invespcro.com\/blog\/?p=6689"},"modified":"2016-05-27T10:05:03","modified_gmt":"2016-05-27T15:05:03","slug":"cross-border-shopping","status":"publish","type":"post","link":"https:\/\/www.invespcro.com\/blog\/cross-border-shopping\/","title":{"rendered":"Cross Border Shopping &#8211; Statistics and Trends"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>Cross-border shopping is growing and cross-border e-Commerce is estimated to reach $1 Trillion in 2020. Around\u00a0 54% of US digital shoppers reported making online purchases from foreign site in the past. 67% of global consumers who shop abroad are buying because prices are lower outside of their own country. Check out our infographic on Cross Border shopping for latest statistics and trends.<\/p>\n<p><strong><img decoding=\"async\" src=\"https:\/\/www.invespcro.com\/blog\/images\/blog-images\/crossborder-shopping.png\" alt=\"Cross Border Shopping Statistics and Trends\" width=\"580\" \/><\/strong><\/p>\n<p><strong>Infographic by- <a href=\"https:\/\/www.invespcro.com\/services\/landing-page-optimization\/\">Invesp Landing Page Optimization Company<\/a><\/strong><\/p>\n<p><strong>To Publish this Image on your Blog or Website . Copy this code<\/strong><\/p>\n<p><textarea rows=\"5\">&lt;a href=&#8221;https:\/\/www.invespcro.com\/blog\/images\/blog-images\/crossborder-shopping.png&#8221;&gt;&lt;img src=&#8221;https:\/\/www.invespcro.com\/blog\/images\/blog-images\/crossborder-shopping.png&#8221; alt=&#8221;Cross Border Shopping Statistics and Trends&#8221; width=&#8221;580&#8243;&gt;&lt;\/a&gt;&lt;\/p&gt;&lt;br \/&gt;&lt;br \/&gt;<br \/>\n&lt;p&gt;Infographic by- &lt;a href=&#8221;https:\/\/www.invespcro.com\/&#8221;&gt;Invesp Consulting&lt;\/a&gt;<\/textarea><\/p>\n<p>&nbsp;<\/p>\n<p>Estimated Global cross-border B2C Market (in Billions)<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"215\">\u00a0 Year<\/td>\n<td width=\"220\">Cross-Border B2C Market ( in USD Billion)<\/td>\n<td width=\"204\">Cross-Border Shoppers ( in Millions )<\/td>\n<\/tr>\n<tr>\n<td width=\"215\"><\/td>\n<td width=\"220\"><\/td>\n<td width=\"204\"><\/td>\n<\/tr>\n<tr>\n<td width=\"215\">2015<\/td>\n<td width=\"220\">304<\/td>\n<td width=\"204\">361<\/td>\n<\/tr>\n<tr>\n<td width=\"215\">2016<\/td>\n<td width=\"220\">400<\/td>\n<td width=\"204\">451<\/td>\n<\/tr>\n<tr>\n<td width=\"215\">2017<\/td>\n<td width=\"220\">530<\/td>\n<td width=\"204\">576<\/td>\n<\/tr>\n<tr>\n<td width=\"215\">2018<\/td>\n<td width=\"220\">676<\/td>\n<td width=\"204\">715<\/td>\n<\/tr>\n<tr>\n<td width=\"215\">2019<\/td>\n<td width=\"220\">826<\/td>\n<td width=\"204\">848<\/td>\n<\/tr>\n<tr>\n<td width=\"215\">2020<\/td>\n<td width=\"220\">994<\/td>\n<td width=\"204\">943<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>54% of US digital shoppers reported making online purchases from foreign site in the past.<\/p>\n<p>35% of consumers currently shop on sites based outside of their home country up from 26% in 2014<\/p>\n<p>67% of global consumers who shop abroad are buying because prices are lower outside of their own country.<\/p>\n<p>Top 3 reasons US consumers are buying abroad<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"319\">\u00a0Reason<\/td>\n<td width=\"319\">%age<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><\/td>\n<td width=\"319\"><\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Cheaper prices<\/td>\n<td width=\"319\">49%<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Ability to obtain brands that aren\u2019t available in US<\/td>\n<td width=\"319\">43%<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Unique or specialty products that aren\u2019t found in US<\/td>\n<td width=\"319\">35%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>Approximately two-thirds of global online retail shoppers in major global markets contribute at least 10% of their monthly online spending towards cross-border commerce.<\/p>\n<p>Consumers Considering the cross-border Purchases are primarily Concerned about the high shipping Costs (51%) and long delivery times (47%).<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Top products purchased by US Shoppers from abroad<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"319\">\u00a0 Product categories<\/td>\n<td width=\"319\">%age<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><\/td>\n<td width=\"319\"><\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Clothing and Accessories<\/td>\n<td width=\"319\">31%<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Books, Media and Video Games<\/td>\n<td width=\"319\">22%<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Computer hardware or software<\/td>\n<td width=\"319\">16%<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Toys<\/td>\n<td width=\"319\">15%<\/td>\n<\/tr>\n<tr>\n<td width=\"319\">Beauty products<\/td>\n<td width=\"319\">14%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Cross-border shopping is growing and cross-border e-Commerce is estimated to reach $1 Trillion in 2020. Around\u00a0 54% of US digital shoppers reported making online purchases from foreign site in the past. 67% of global consumers who shop abroad are buying because prices are lower outside of their own country. Check out our infographic on Cross [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6693,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[461],"class_list":["post-6689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","tag-cross-border-shopping"],"_links":{"self":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/posts\/6689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/comments?post=6689"}],"version-history":[{"count":0,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/posts\/6689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/media\/6693"}],"wp:attachment":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/media?parent=6689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/categories?post=6689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/tags?post=6689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}