The number of e-commerce transactions has grown rapidly in 2018, but where the growth is most noticeable is in Asia.
The top five countries are China, India, Indonesia, South Korea and the United States.
In 2018, the top five nations with the most e-shop transactions were India, China, Indonesia and South Korea.
The total number of online commerce transactions in each country was $4.2 trillion, according to the International Commerce Bureau.
In Asia, there were just over half as many online commerce purchases in 2018 as in 2017, the International Trade Union Confederation reported.
China accounted for nearly three-quarters of the transactions in the region, followed by South Korea, India and the U.S.
The number of Chinese e-tailers increased by 30 percent in 2018 compared to 2017, according the China Commerce Watch.
The number increased by almost 60 percent in India, according a report from the McKinsey Global Institute.
The trade group says the increase is due to a growing number of people in India buying online from China.
The report said there were more than 5.4 million online shopping trips in China in 2018.
That’s up from 4.6 million in 2017.
There were about 1.5 million trips in the U., which was up from 1.3 million in 2016.
There was also a big increase in trips from North America, with trips in Canada and Mexico increasing by 60 percent.
There was a sharp decline in online commerce activity in the Philippines, with the number of visits down by 70 percent in just one year.
In India, there was a 60 percent drop in visits to e-shops in 2019, and the country was ranked in the bottom 10 for online commerce visits in 2020.
The trade group predicts e- commerce will remain a dominant force in the coming years, but it’s not clear what the future holds for the e-tailing market in the country.