Portugal Ecommerce Market Worth US$4.6 Billion by 2025

portugal ecommerce

Insights into the growth of Portugal ecommerce profiling payment methods, target audiences, marketing, social media, economy and logistics

Economy

Portugal is home to 10.2 million people with a total GDP of US$238.7 billion. GDP per capita is currently US$25,064 and expected to reach US$31,789 by 2026. Portugal is ranked as the 42nd richest country by the World Bank GDP per capita rankings.

See insights into other exciting European markets like FranceBelgium, and Germany.

Digital User Insights

There are currently 5.3 million ecommerce users in Portugal. The average user spends US$708 online, which will grow to US$813 by 2025.

Product Categories

Total ecommerce revenue across all product categories is US$3.7 billion, expected to reach US$4.6 billion by 2025. Fashion is currently the leading product category, accounting for US$1.3 billion market share. Electronics and Media is a close second, accounting for US$932 million.

By 2025, Fashion will lead, valued at US$1.6 billion. Electronics and Media will also grow, reaching US$1.1 billion.

portugal ecommerce

Logistics

In 2018, Portugal was ranked 23rd in the World Bank Logistics ranking, making it among the easiest countries to deliver to in the world. 66% of Portugal’s population reside in urban areas.

Preferred Online Payments

65% of online shoppers used cash on delivery, 5% used Bank Transfer, 15% used Credit Cards and 11% selected eWallets as their preferred method of payment. 

portugal ecommerce

Where does Portugal buy from?

Portugal imports from Spain (US$25.8 billion), Germany (US$11.7 billion), France (US$8.3 billion), Italy (US$4.8 billion), and Netherlands (US$4.26 billion).

portugal ecommerce

Internet and Device Usage

Internet penetration in Portugal is currently at 75%, and should reach 78% by 2025. Smartphone penetration is 71% and is projected to grow to 78% by 2025.  

portugal ecommerce

In 2015 (latest data), 90% of online sales in Portugal were made via computer. 4% of purchases were made via tablet, and 4% via smartphone.

Marketing

Digital advertising spend has grown significantly over the last decade reaching €185 million (approximately US$220 million) in 2019.

portugal ecommerce

Social Media

Portugal’s Social Media Penetration is 68% of the population, with this expected to reach 70% by 2025. Popular networks include Facebook, Hi5, Instagram, Youtube, and Twitter.

portugal ecommerce

For more market insights, check out the ESW series of blogs covering a range of emerging ecommerce markets. 

*Insights derived from ESW data, Statista, WorldBank, OECD and other industry sources.

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