eCommerce market in Costa Rica
Costa Rica is the 58th largest market for eCommerce with a predicted revenue of US$1,643.2 million by 2024, placing it ahead of Uruguay. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 7.7%, resulting in a projected market volume of US$2,213.6 million by 2028. With an expected increase of 10.2% in 2024, the Costa Rican eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Costa Rica, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Costa Rican eCommerce market. Electronics is the largest market and accounts for 24.2% of the Costa Rican eCommerce revenue. It is followed by Fashion with 21.2%, Hobby & Leisure with 21.2%, Furniture & Homeware with 11.3%, DIY with 8.5%, Care Products with 7.8%, and Grocery with the remaining 5.8%.
Market development
eCommerce revenue development in Costa Rica
Costa Rica is the 58th largest market for eCommerce with a predicted revenue of US$1,643.2 million by 2024, placing it ahead of Uruguay. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 7.7%, resulting in a projected market volume of US$2,213.6 million by 2028. With an expected increase of 10.2% in 2024, the Costa Rican eCommerce market contributed to the worldwide growth rate of 7.4% in 2024. Like in Costa Rica, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Costa Rican eCommerce market. Electronics is the largest market and accounts for 24.2% of the Costa Rican eCommerce revenue. It is followed by Fashion with 21.2%, Hobby & Leisure with 21.2%, Furniture & Homeware with 11.3%, DIY with 8.5%, Care Products with 7.8%, and Grocery with the remaining 5.8%.
eCommerce revenue development in Costa Rica
eCommerce revenue growth in Costa Rica
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 35.3 | 59.2 | 84.1 | 5.2 | 58.8 | 95.8 | 42.8 | 39.3 |
Market comparison
The Costa Rican eCommerce market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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