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GISMETEO.RU
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Ukraine’s e-commerce market expands 41% on year to $4-bln in 2020: study
Journal Staff Report

KYIV, June 28 - The volume of the e-commerce market in Ukraine in 2020 grew by 41% and reached $4 billion, which is 8.8% of the total retail trade, follows from a study by Soul Partners, Baker Tilly Ukraine and Aequo with the support of USAID.

According to the study, the Ukrainian e-commerce market has tripled in the past five years and has the potential to double in the next five years.

According to the material, the share of e-commerce in Ukraine's GDP is 2.6%. At the same time, Ukraine has a low level of spending on e-commerce per year in comparison with other countries - about $104, which is explained by the low purchasing power of the population.




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