eCommerce market in Belarus
Belarus is the 50th largest market for eCommerce with a predicted revenue of US$3,386.3 million by 2024, placing it ahead of Pakistan. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 9.4%, resulting in a projected market volume of US$4,854.0 million by 2028. With an expected increase of 9.2% in 2024, the Belarusian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Belarus, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Belarusian eCommerce market. Hobby & Leisure is the largest market and accounts for 26.4% of the Belarusian eCommerce revenue. It is followed by Electronics with 21.1%, Fashion with 17.3%, Furniture & Homeware with 12.0%, DIY with 9.2%, Care Products with 8.0%, and Grocery with the remaining 6.2%.
Market development
eCommerce revenue development in Belarus
Belarus is the 50th largest market for eCommerce with a predicted revenue of US$3,386.3 million by 2024, placing it ahead of Pakistan. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 9.4%, resulting in a projected market volume of US$4,854.0 million by 2028. With an expected increase of 9.2% in 2024, the Belarusian eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Belarus, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Belarusian eCommerce market. Hobby & Leisure is the largest market and accounts for 26.4% of the Belarusian eCommerce revenue. It is followed by Electronics with 21.1%, Fashion with 17.3%, Furniture & Homeware with 12.0%, DIY with 9.2%, Care Products with 8.0%, and Grocery with the remaining 6.2%.
eCommerce revenue development in Belarus
eCommerce revenue growth in Belarus
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 11.3 | 6.2 | 82.2 | 2.8 | 47.7 | 0.7 | 31.1 | 81.4 |
Market comparison
The Belarusian eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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