Home » Spanish eCommerce broke records by billing €18,190M (+33.1%) during Q2 2022 [CNMC]

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Spanish eCommerce broke records by billing €18,190M (+33.1%) during Q2 2022 [CNMC]

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January 9, 2023

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Although the results regarding the situation of eCommerce in Spain in the first quarter of 2022 were already satisfactory, those of the second quarter of 2022 have inherited this favorable trend and have promoted it. And, it is that, according to data released by the CNMC Data portal, electronic commerce in our country has reached a turnover of 18,190 million euroswhich means a year-on-year growth of 33.1%, the highest so far.

The sectors that have come out ahead during this period have been practically the same as in the first quarter of 2022, although there have been many changes in position. The travel agencies and tour operatorswho accumulated the 10.2% of total billinghave risen from second to first place.

For his part, he air Transport rises from fourth to second place with 6.6% and the clothing they fall from first to third with 6.5%.

The branch of activity that moved the most transactions was that of restaurants

As for the number of transactionsduring the second quarter of 2022, more than 325 million of operations. This supposes 16.4% more of transactions carried out in comparison with the same period of the previous year.

As was the case in the first quarter of 2022, restaurants are at the forefront in the number of purchasesrepresenting a 7.1% of the total. They are closely followed by games of chance and betting (7%), while in third and fourth place respectively are land passenger transport (6.2%) and clothing (5.5%).

46.8% of eCommerce revenues remained in Spain

If we segment geographically, we discover that 32.3% of the eCommerce business volume corresponds to purchases made within Spain. While 14.5% of the income is equivalent to purchases made from abroad to Spain and the remaining 53.2% with purchases originating in our country made abroad. So, 46.8% of the total income remained within our country, while 53.2% went abroad, a difference that has remained quite stable in recent months.

On the other hand, the foreign net balancedata that refers to the difference between what is bought from abroad to Spain and what is bought from Spain abroad, presents a deficit of 7,046 million euros. And, in terms of the number of transactions, 37.5% were destined for Spain and 62.5% for foreign countries.

From Spain abroad

Purchase and sale operations originating in Spain and carried out abroad have presented a business volume of 9,683 million eurosassuming 20.9% more than in the same period of 2021. And, of these purchases, the vast majority (92.3%) were made in eCommerce located in the European Union.

And, as regards the sectors with the greatest volume of business from Spain abroad, these are: clothing (9.9%), auxiliary services for financial information (8.2%), air transport ( 6.9%), gambling and betting (4.9%) and restaurants (4.4%).

From abroad with Spain

As for the turnover of the transactions carried out from abroad with Spain, this has been 2,638 million euros. Showing a turnover an impressive 101.1% higher than the previous year. And, of these sales made from abroad, 61.3% come from the European Union8.4% from the UK and 7.7% from the US.

Finally, the areas of activity linked to the tourism sector (travel agencies, air transport, land transport, car rental and hotels) have revealed themselves as one of the motors of the purchase and sale in Spain from abroadrepresenting the 66.3% of these operations.

Image: Depositphotos

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