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 -
Ecommerce Facts and Figures 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
Pix by Proximity is introduced
Published 5 Nov | Brazil |
News
SCRYPT teams up with P2P.org
Published 5 Nov | Switzerland |
News
Walletto partners with Fintech Poland to support Polish fintech
Published 5 Nov | Lithuania |
News
Visa expands partnership with Intesa Sanpaolo
Published 5 Nov | Italy |
News
Viamericas partners with Victoria Mutual Group to expand its remittance tools in Jamaica
Published 5 Nov | Jamaica |
News
:::
more news
Wise Platform and Standard Chartered partner to improve international payments
Published 5 Nov | World |
News
Plumery partners with Payment Components to streamline digital banking
Published 5 Nov | Netherlands |
News
Unit21 explores fraud and AML losses for fintech companies in new report
Published 4 Nov | World |
News
Mastercard launches Pay Local service to expand card payments
Published 5 Nov | United States |
News
HitPay launches single switch for secure and fast cross-border payments
Published 4 Nov | World |
News
:::
more news
Interviews
5 Nov
Tourist taxes part one: their history, current landscape, and case studies
4 Nov
The importance of a holistic approach to fighting fraud and ensuring compliance
1 Nov
The role of SEPA Inst in Verification of Payee (VoP)
30 Oct
How cloud modernisation is accelerating payments innovation
29 Oct
New CFPB rule on consumer data: Open Banking in the US
:::
more interviews
Voice of the Industry
5 Nov
Embedded Finance in Germany: current landscape and future growth areas
4 Nov
How to protect instant payments from fraud – Worldline's expertise
1 Nov
3-D Secure findings highlight missed opportunities for online merchants
1 Nov
eIDAS2: compliance requirements or growth opportunities? (Part 2)
30 Oct
Chile: 2024 analysis of payments and ecommerce trends
:::
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