Highlights. China leads the world in online shopping revenue with a $2.535 trillion* e-commerce market in 2025; the U.S. market is worth $1.193 trillion.

  • By 2030, China’s online shopping market will be worth $3.226 trillion; the U.S. market will be $2.463 trillion.
  • In 2025, China controls 50% of the global online shopping market; the U.S. controls 26.5%.
  • The U.S. makes the most online revenue per capita** at $4,068 in 2023; among shoppers in the 10 largest e-commerce markets, spending averaged $1,368 per capita.
  • The five (5) countries with the most online retail sales control 87.0% of the world’s e-commerce revenue and 51.6% of the world’s gross domestic product (GDP).

*All currency values are in USD unless otherwise noted.

**Population aged 15 years and older.

10 Largest eCommerce Markets of 2025
Country Revenue
(in billions USD)
Share of Top 10 Revenue
China $2,534.74 51.7%
United States $1,343.84 27.4%
South Korea $207.71 4.24%
Japan $190.53 3.88%
United Kingdom $141.82 2.89%
France $128.58 2.62%
India $117.66 2.40%
Germany $104.15 2.12%
Canada $74.65 1.52%
Indonesia $60.66 1.24%

Using 2024 exchange rates.

World Leaders in Online Shopping

China and the United States are the only countries with e-commerce markets in excess of $1 trillion.

  • The U.S. is the second-largest global e-commerce market.
  • In 2025, South Korea is the 3rd-largest e-commerce market and Japan is the 4th-largest.
  • The 5th-largest e-commerce market in 2025 is the United Kingdom.
  • Other Top 10 markets include France, Germany, India, Canada, and Indonesia.

Grouped Bar Graph: World's Largest Online Shopping Markets in billions USD, 2025 including China ($2,535), United States ($1,193), South Korea ($208), Japan ($191), United Kingdom ($142), France ($129), and India ($118) according to U.S. Census Bureau, U.S. Department of Commerce, Ecommerce Europe, Ecommerce News Europe, the U.S. Internal Revenue Service, and Statista

China Online Shopping Statistics

Online shopping revenue in China totaled $2.345 trillion in 2024.

  • The Chinese online shopping market in 2025 is worth $1.191 trillion more than the U.S. market, exceeding its value 88.6%.
  • China’s online retail revenue represents 51.7% of the total value of the 10 largest global e-commerce markets.
  • Excluding the U.S., China’s online retail represents 71.2% of the value of the 10 largest global markets.
  • 26.8% of China’s retail revenue came from e-commerce in 2024.
  • 2024 e-commerce revenue averaged ¥17,300 per online shopper in China, equivalent to $2,407.
  • China’s e-commerce revenue in 2023 was equivalent to $1,607 per resident of China.
  • 1.139 billion people in China shopped on a mobile device in 2023.
  • Online shopping revenue represents 12.7% of China’s GDP.
  • China’s 2024 e-commerce revenue was equivalent to ¥16,858 trillion.
China Annual eCommerce Revenue
Year Revenue
(in billions USD)
%YoY Growth
2030 $3,225.70 6.35%
2029 $3,048.18 7.27%
2028 $2,997.40 7.88%
2027 $2,886.84 6.13%
2026 $2,720.15 7.31%
2025 $2,534.74 8.09%
2024 $2,344.98 3.50%
2023 $2,265.65 -16.42%
2022 $2,710.84 8.15%
2021 $2,506.52 17.19%
2020 $2,138.90 18.76%
2019 $1,801.00 -39.60%
2018 $2,982 25.19%
2017 $2,382 29.11%
2016 $1,845 19.19%
2015 $1,548 15.87%

United States Online Shopping Statistics

Online shopping revenue in the U.S. totaled $1.344 trillion in 2024.

  • U.S. online retail revenue represents 26.5% of the global total in 2025, up from 25.8% in 2024.
  • The U.S. global market share grew 49.3% from 2015 to 2025, with a compound annual growth rate of 4.09%.
  • U.S. online retail revenue represents 27.4% of the total value of the 10 largest global e-commerce markets.
  • Measured against the remaining nine (9) largest global markets, U.S. online retail represents 37.7% of the value.
  • Online shopping represents 17.2% of U.S. retail revenue in 2025, up 8.30% year-over-year (YoY).
  • 15.9% of U.S. retail sales revenue came from online shopping in 2024, up 3.91% from 2023 (15.3%).
  • Online shopping revenue represents 4.03% of the U.S. GDP.
U.S. Annual eCommerce Revenue
Year Revenue
(in billions USD)
%YoY Growth
2030 $2,463,291 12.58%
2029 $2,187,954 12.59%
2028 $1,943,330 12.79%
2027 $1,722,905 13.11%
2026 $1,523,151 13.34%
2025 $1,343,836 12.68%
2024 $1,192,588 8.06%
2023 $1,103,640 8.99%
2022 $1,012,636 6.48%
2021 $951,027 17.30%
2020 $810,758 41.97%
2019 $571,088 12.55%
2018 $507,386 14.31%
2017 $443,859 15.41%
2016 $384,587 13.65%
2015 $338,383 13.54%
2014 $298,031 13.94%
2013 $261,562 12.64%
2012 $232,205 15.88%
2011 $200,380 17.93%
2010 $169,921 16.78%
2009 $145,507 2.76%
2008 $141,592 3.75%
2007 $136,470 20.41%
2006 $113,334 24.02%
2005 $91,387 25.88%
2004 $72,597 27.02%
2003 $57,155 28.08%
2002 $44,623 30.25%
2001 $34,260 24.09%

South Korea Online Shopping Statistics

Online shopping revenue in South Korea (Republic of Korea) totaled $190.18 billion in 2024.

  • eCommerce in South Korea represents 4.07% of the global market in 2025, down from 4.12% in 2024.
  • South Korea’s e-commerce revenue increased 12.3% in 2024.
  • By 2030, e-commerce in South Korea should be worth $288.45 billion.
  • South Korea’s e-commerce revenue in 2023 was equivalent to $3,806 per person aged 15 years and older, the largest value after the U.S.
  • 74.4% of South Korea e-commerce revenue comes from mobile purchases.
  • 97.5% of South Korea’s online retail revenue comes from domestic sales.
  • U.S. purchases represent 33.6% of South Korea’s foreign revenue.
  • Online shopping revenue represents 10.2% of South Korea’s GDP.
  • South Korea (Republic of Korea) e-commerce revenue in 2024 was equivalent to ₩259.432 trillion.
South Korea Annual eCommerce Revenue
Year Revenue
(in billions USD)
%YoY Growth
2030 $288.45 6.79%
2029 $270.11 7.28%
2028 $251.79 7.54%
2027 $234.14 6.63%
2026 $219.58 5.72%
2025 $207.71 9.22%
2024 $190.18 8.58%
2023 $175.15 3.01%
2022 $170.02 2.05%
2021 $166.60 23.22%
2020 $135.21 16.53%

Japan Online Shopping Statistics

Online shopping revenue in Japan totaled $166.85 billion in 2024.

  • Japan’s online retail revenue is up 14.2% in 2025 over 2024.
  • By 2030, online retail in Japan should be worth $282.12 billion.
  • The U.S. contributes 1.59% of Japan’s e-commerce sales; this represents up to 91.2%  of Japan’s cross-border e-commerce revenue.
  • Japan’s e-commerce revenue in 2023 was equivalent to $1,435 per person aged 15 years and older.
  • Online shopping revenue represents 3.53% of Japan’s GDP.
  • Business-to-business and wholesale e-commerce in Japan is worth as much as $3.4 trillion.
  • Japan’s e-commerce market was equivalent to ¥25.253 trillion in 2024.
  • Food and beverages are the most popular items to purchase online from Japan, representing 19.0% of the country’s online sales revenue.
  • Home appliances and electronics represent 18.5% of online retail sales from Japan.
  • Apparel and accessories represent 18.3% of Japanese online retail revenue while home furniture and decor represent 17.1%.
  • Japanese consumers spent $3.1 billion on U.S. online retail in 2021.
Japan Annual eCommerce Revenue
Year Revenue
(in billions USD)
%YoY Growth
2030 $282.12 8.64%
2029 $259.68 4.13%
2028 $249.37 6.14%
2027 $234.95 9.77%
2026 $214.03 12.33%
2025 $190.53 14.19%
2024 $166.85 12.27%
2023 $148.61 -8.58%
2022 $162.56 -0.68%
2021 $163.67 17.12%
2020 $139.74 19.69%

United Kingdom Online Shopping Statistics

Online shopping revenue in the U.K. totaled $127.6 billion in 2024.

  • The U.K.’s online retail revenue is up 11.2% in 2025 over 2024.
  • By 2030, online retail in the U.K. should be worth $198.1 billion.
  • eCommerce revenue represents 30% of all retail revenue in the U.K.
  • 82% of the U.K. population made an online purchase in 2023.
  • 31% of online sales from the U.K. are for fashion items.
  • Toys and hobbies account for 19% of sales while electronics and media represent 18%.
  • U.K.’s e-commerce revenue in 2023 was equivalent to $2,045 per person aged 15 years and older.
  • Online shopping revenue represents 3.47% of the U.K.’s GDP.
  • U.K. e-commerce revenue in 2024 was equivalent to €99.9 billion.
  • Consumers in the U.K. use digital wallets to pay for 35% of online retail sales.
  • U.K. consumers use credit cards and debit cards to pay for 24% and 22% of online sales, respectively.
  • 8% of U.K. e-commerce sales are Buy Now, Pay Later.
U.K. Annual eCommerce Revenue
Year Revenue
(in billions USD)
%YoY Growth
2030 $198.08 6.51%
2029 $185.97 4.47%
2028 $178.01 5.89%
2027 $168.11 8.32%
2026 $155.20 9.43%
2025 $141.82 11.16%
2024 $127.58 9.94%
2023 $116.04 -0.61%
2022 $116.75 -12.19%
2021 $132.95 10.22%
2020 $120.62 24.27%
2019 $97.06 3.94%
2018 $93.38 3.27%

France Online Shopping Statistics

Online shopping revenue in France totaled $113.7 billion in 2024.

  • Projections show French online retail revenue up 13.1% in 2025 over 2024.
  • France’s e-commerce revenue in 2023 was equivalent to $2,198 per person aged 15 years and older.
  • By 2030, online retail sales in France should total $170.2 billion.
  • 56% of French online shoppers buy clothing.
  • Other popular consumer product categories include shoes (which 41% of shoppers purchase) and beauty products (40%).
  • 61% of French online purchases are made via mobile.
  • France’s 2024 e-commerce revenue was equivalent to €105.05 billion.

Pie Chart: Global eCommerce 2025 Market Shares including China (49.9%), United States (26.5%), South Korea (4.1%), Japan (3.8%), United Kingdom (2.8%), Top 6-10 (9.6%), Top 11-20 (3.2%), and Remaining global markets (0.3%), according to U.S. Census Bureau, U.S. Department of Commerce, Ecommerce Europe, Ecommerce News Europe, the U.S. Internal Revenue Service, Statistics Korea, and Statista

Germany Online Shopping Statistics

Online shopping revenue in Germany totaled $95.56 billion in 2024.

  • Projections indicate Germany’s online revenue is up 8.99% in 2025 over 2024.
  • Germany’s e-commerce revenue in 2023 was equivalent to $1,272 per person aged 15 years and older.
  • By 2030, online retail sales in Germany will total $108.83 billion.
  • Germany’s 2024 e-commerce revenue was equivalent to €88.3 billion.
  • In 2022, 66% of online retail sales were on mobile devices.
  • 76% of German online shoppers buy clothes.
  • Other popular consumer product categories are shoes (73% of online shoppers) and food and beverages (69% of online shoppers).
  • The most popular German online retailer is Amazon.de ($37.59 billion in the 2024 fiscal year) followed by Otto.de ($6.1 billion in 2021).

Grouped Bar Graph: Online Retail Revenue by Major Market in trillion USD from he years 2022, 2023, and 2024 and the countries China, US, South Korea, Japan and the UK according to the U.S. Census Bureau, U.S. Department of Commerce, U.S. Internal Revenue Service, and Statsita

India Online Shopping Statistics

Online shopping revenue in India totaled $100.66 billion in 2024.

  • Projections show India’s online retail revenue up 16.9% in 2025 over 2024.
  • India’s e-commerce revenue in 2023 was equivalent to $79.62 per person aged 15 years and older.
  • By 2030, online retail sales in India will total $211.65 billion.
  • India’s 2024 e-commerce revenue was equivalent to ₹10.069 trillion.

Grouped Bar Graph: 2023 Online Retail Revenue per Capita (among the population aged 15 years and older) in the United States ($4,068), South Korea ($3,806), France ($2,198), Norway ($2,073), United Kingdom ($2,045), China ($1,926), and Canada ($1,722) according to the U.S. Census Bureau, U.S. Department of Commerce, Ecommerce Europe, Ecommerce News Europe, the U.S. Internal Revenue Service, Statista, and World Bank Group

Canada Online Shopping Statistics

Online shopping revenue in Canada totaled $65.55 billion in 2024.

  • Projections indicate Canada’s online retail revenue is up 11.7% in 2025 over 2024.
  • Canada’s e-commerce revenue in 2023 was equivalent to $1,722 per person aged 15 years and older.
  • By 2030, online retail sales in Canada will total $115.79 billion. 

Indonesia Online Shopping Statistics

Online shopping revenue in Indonesia totaled $53.21 billion in 2024.

  • Projections indicate Indonesia’s online retail revenue is up 11.0% in 2025 over 2024.
  • Indonesia’s e-commerce revenue in 2023 was equivalent to $230.27 per person aged 15 years and older.
  • By 2030, online retail sales in Indonesia will total $114.13 billion.
  • Indonesia’s online retail revenue for 2025 is approximately equivalent to Rp974.632 trillion.

Other International Online Shopping Statistics

The Top 20 global e-commerce markets represent over 98% of online sales.

  • Spain is another major European market, with $40.87 billion in online retail sales projected for 2025.
  • Online sales represented 40% of 2024 retail revenue in Belgium, up from 33% in 2023.
  • 73% of Belgian online shoppers have never returned a purchase.
  • 32% of Belgium’s e-commerce revenue comes from cross-border sales.
  • Other countries with high rates of e-commerce revenue from cross-border sales include Austria (19%), Portugal (12%), and Australia (10%).
  • Mexico’s online revenue is projected to grow 19.6% in 2025 to $40.75 billion.
  • Among the Nordic countries, Sweden has the largest e-commerce market in 2024; the year’s revenue is projected to reach $14.82 billion.

Historical Online Shopping by Country 

In general, online shopping worldwide grows annually, and declines are considered temporary. Global shares of the world market have more variable growth rates.

  • In 2016, the U.S. represented 24.1% of the global e-commerce market; in 2005, it was 34.9%.
  • China’s share of the global e-commerce market was 42.4% in 2016; in 2005, it was 0.6% in 2005.
  • The U.S. share of the global ecommerce market declined 30.9% from 2005 to 2016.
  • China’s share of the global e-commerce market grew 6,967% between 2005 and 2016.

The Capital One Shopping team compiled these data and insights based on publicly available data.

Sources

  1. U.S. Census Bureau, Quarterly Retail E-Commerce Sales
  2. World Bank Group, Open Data
  3. Office of the U.S. Trade Representative, Small Business
  4. Statista, E-Commerce 
  5. U.S. Department of Commerce, International Trade Administration: Country Commercial Guides
  6. Internal Revenue Service, Yearly Average Currency Exchange Rates
  7. Ecommerce News Europe, News
  8. Ecommerce Europe, News
  9. U.S. Securities and Exchange Commission, EDGAR: Search Filings
  10. World Economic Forum
  11. Statistics Korea, Online Shopping

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