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