Subscribe
News
|
Interviews
|
Voice of the Industry
|
Watch & Learn
|
Reports
Cross Border Ecommerce Research
Company Database
|
Events
Facts & Figures
|
Payment Methods
|
Fraud Prevention
|
Service Providers
Facts & Figures
|
Payment Methods
|
Fraud Prevention
|
Service Providers
Select a country in
- choose a country -
E-commerce facts & figures in in
Mexico
Mobile commerce and online shopper behaviour in Mexico
Read below more about ecommerce growth, Ecommerce sales and cross-border ecommerce in Mexico
Download report on Cross-border Ecommerce - mexico
Download report on mexico
With growing internet penetration and a market of 8.4 million online shoppers, Mexico is an ecommerce destination fully loaded with potential.
•
Total Population
- 123.8 million
•
Age Breakdown
- 40.4% of the population in Mexico are between 25 and 54.
•
Religion
- Roman Catholicism dominates Mexico, and has done so for centuries.
•
Urban Population
- 79%
•
Internet Penetration
- 49.2%
- 59.2 million people
•
Mobile Penetration
- 85%
•
Tablet Penetration
- 15%
•
Smartphone Penetration
- 24%
•
Online shoppers
- 15.9 million
•
Ecommerce Sales (2015)
- USD 11 billion
•
Ecommerce Penetration
- 12.9%
•
Mobile Commerce
- In 2015, it is expected that Mexico will record a 40% increase in mobile commerce.
- Total value of mobile commerce in Mexico is USD 146.7 million (MXP 2.3 billion).
•
Mobile OS platforms
- Android is the most dominant mobile operating system in Mexico at 74%.
Cross-border Ecommerce Opportunities
• Mexican consumers are less frequent users of cross-border ecommerce than consumers Brazil, the Latin American ecommerce leader. Only one third of online consumers have ordered from abroad.
• However, a significant growth of 16.5% is predicted in the Mexican cross-border market in 2015. This is almost 6% over the global average.
• Despite the low penetration of cross-border ecommerce, almost half of online consumers plan to order from overseas in the near future.
• The top destination by far for overseas ecommerce is the US at 87% of purchases. Other popular destinations are China (14.5%) and Hong Kong (8.7%).
• Mexico has a very limited ecommerce export market, but of this small number, the majority of orders go to the US (70%), Canada (5.4%) and Spain (2.1%).
Language as a Key Driver
• Despite the fact that 95% of the 123.8 million population of Mexico speaks Spanish, and the government of Mexico uses Spanish for most official purposes, in terms of legislation its status is not that of an official language.
• There are 4.9 million English speakers in Mexico, 4.5% of the population.
• Mexico shares a border with the US, where there is a growing Spanish speaking population of 38.3 million. This represents 12.8% of the total U.S. population and the largest national Spanish-speaking community outside of Mexico.
Download report on Cross-border Ecommerce - mexico
Download report on mexico
Top Stories
/
Most Read
Toku secures USD 9.3 million in funding
Published 18 Apr | Latin America |
News
Ferry and BJ's Restaurants launch payroll card powered by Highnote
Published 18 Apr | United States |
News
Amazon Pay explores credit services on the UPI platform in collaboration with NPCI
Published 18 Apr | India |
News
Project Nemo launches to improve disability inclusion in UK fintech
Published 18 Apr | United Kingdom |
News
Waave launches 'Wallet' with biometric access for Pay by Bank
Published 18 Apr | Australia |
News
:::
more news
Klarna to launch its credit card in the US
Published 18 Apr | United States |
News
Cogo and Personetics join forces
Published 18 Apr | World |
News
URBN joins forces with Stripe
Published 18 Apr | United States |
News
Waave launches 'Wallet' with biometric access for Pay by Bank
Published 18 Apr | Australia |
News
Google Wallet to launch in India
Published 18 Apr | India |
News
:::
more news
Interviews
16 Apr
Presenting crypto payments trends – a CoinsPaid perspective
15 Apr
Key ecommerce and payments trends in 2024
11 Apr
AML/sanctions compliance: A vital lifeline for Banking-as-a-Service partnerships' survival
10 Apr
The agility of the Electronic Money Institution: paving the way for instant, low-cost payments around the globe
9 Apr
Countdown to IFGS 2024: Unveiling trends shaping fintech's next decade
:::
more interviews
Voice of the Industry
18 Apr
The threats and opportunities of the AI revolution in compliance
18 Apr
Frictionless payments: adopting technological advancements to tackle security concerns
12 Apr
Shaping the future of the payments industry: key insights from MPE 2024
12 Apr
A bumpy road to becoming an open identity infrastructure: MOSIP Connect 2024 in retrospect
9 Apr
Innovation in payments: what role do policy and regulation play?
:::
more voices
Free Headlines
:::
subscribe now
RSS
:::
follow ThePaypers via RSS
:::
connect
LinkedIn
:::
connect with ThePaypers on LinkedIn
:::
connect
Twitter
:::
follow ThePaypers on Twitter
:::
follow
Facebook
:::
like ThePaypers on Facebook
:::
like