Argentina flag Argentina: Buying and Selling

E-commerce in Argentina


Internet access
Argentina has a population of 43 million and it is particularly young: more than 15% of the population is between 15 and 24 years old. Compared to its regional neighbors, Argentina has a higher level of income and a wider middle-class. Around 30 million of Argentines have internet access. An estimated 22.5 million persons use a smartphone and 16.8 million shop online. Google, Facebook and Youtube are the main visited websites while MercadoLibre, Latin America’s major actor in e-commerce, ranks at the fifth place.
E-commerce market
In 2017, retail e-commerce sales in Argentina amounted to USD 5.9 billion, a growth from USD 5.1 billion in 2016. The market has been growing steadily and is expected to reach USD 10 billion by 2021. Like in much of Latin America, e-commerce is really dynamic in Argentina. The country ranks third in Latin America in terms of e-commerce turnover, behind Brazil and Mexico, but is expected to enjoy the fastest growth in the region in the coming years. Among the key players of e-commerce in Argentina, MercadoLibre is undoubtedly the biggest. Launched in Argentina in 1999, this website is designed for selling and buying between individuals and is now the largest e-commerce website in Latin America. It offers the possibility for other sellers to have their own e-shop on MercadoLibre’s website. During the month of January 2017, it recorded 11 million unique visits on its website. At the second place was Ebay with 2.4 million visits. The other major e-commerce websites in Argentina are Amazon, Avenida (similar to Amazon), Garbarino (home products) and Fravega (mainly household appliances). Travel and booking websites are also popular in Argentina with online stores such as Despegar and Cross-border e-commerce was hampered for a long time through high taxation and other disincentives, but these measures have been progressively removed by the new government, in office since late 2015. As a result, Argentina is expected to become one of the fastest-growing markets for cross-border e-commerce in the world in 2018, according to Forbes.
Social media
In 2017, there were 22.9 million social media users in Argentina, a number expected to reach 25 million in 2021. Smartphone use is booming in the country, and in 2017 more than half of the total population had one. As in much of Latin America, communication is not made through SMS or phone calls but rather through communication apps such as WhatsApp and Facebook messenger. Although not user for communication, Youtube is also a key player in Argentina. However, Facebook is by far the most popular social media platform in the country, with 21.3 million users in 2017. WhatsApp, used by 16.3 million people, is the second most popular one and an essential tool for communication in Argentina. Other popular social media networks in the country are Google+ (14.2 million users), Twitter (10.5 million users), Instagram (9 million users) and LinkedIn (6.7 million users). As of August 2018, the biggest social media platforms in Argentina by market share were Facebook (80.41%), YouTube (7.32%), Twitter (4.78%), Pinterest (4.71%), Instagram (2.46%) and Tumblr (0.17%).

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Latest Update: July 2024