According to AMI – Americas Market Intelligence, it projected that the Argentinian e-commerce market will reach a revenue of US$14 billion by 2022. The country is paired with Chile as Latin America’s 3rd biggest online markets. Reaching a population of 46 million habitants, 24.8 million people are e-commerce users; this number is expected to reach 29.2 million by 2025. The country has lots of potential, and should definitely be considered in a LATAM expansion plan.
• Local currency: Argetinian Peso
•Revenue in the eCommerce market is projected to reach US$5,539m in 2020.
• 8 in 10 Argentine households (77%) reported paying for e-commerce purchases in installments.