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eBay and Data Insight: the volume of Russian online export will grow by 42% by the end of 2020

December 18, 2020, 18:00 (UTC+3)|
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By the end of 2020, the market for online retail export of goods from Russia will grow by 42%, reaching $1.16 billion. This is the conclusion reached by eBay and Data Insight analysts following a joint study. The number of parcels sent abroad from Russia will amount to 27.4 million (an increase of 75% year-on-year).
A large share of the volume of export earnings, according to the research, falls on trading platforms with external logistics, and these are mainly international marketplaces, on which in 2020 Russian entrepreneurs will earn $723 million (62%), and the average check per order will be $125.

Online platforms with their own logistics, including the largest Russian marketplaces, will have $437 million in total revenue (38%), with the average shipping cost of $20.

eBay told the publication that their site accounts for 21% of foreign sales of Russian sellers on export marketplaces ($235 million in monetary terms). The largest Russian online retailer Wildberries also confirmed the growth of online exports, but insists that by the end of the year their platform will become the largest export platform, not eBay.

"Online retail export of goods 2020" Report (in Russian)

Original in Russian

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