Chile is one of the fastest-growing economies in Latin America. Chile’s e-commerce reached a USD7 billion revenue in 2019, representing a 35% increase from 2018. Over 15 million Chileans have access to an internet connection, mainly through mobile phones, of which 30% are online shoppers. 70% of all Chilean online purchases are paid for with local payment methods, which can make it difficult for international businesses to accept online payments.
• Local currency: Chilean Peso
• 9th and fastest growing e-commerce country in the world
• In 2018, 9.5% of retail spend in Chile came from e-commerce, the highest percentage in Latin America
With a growing GDP, Chile is a high-potential emerging consumer market
80% of the Chilean population has access to the internet, making its internet penetration one of the highest in Latin America
Chile is one of the top 10 fastest growing e-commerce markets in the world.
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