Brazil: 5 Million Internet Shoppers Will Spend US$ 1.8 Bi in 2006

Brazzil Magazine covers

Electronic commerce should generate a turnover of US$ 1.8 billion in Brazil this year, according to Web Shoppers, a study carried out by the company E-bit, with support of the Brazilian Chamber of Electronic Commerce.

According to the research by E-bit, the segment grew 43% last year in relation to 2004, with revenues worth US$ 1.2 billion.

The greatest revenues in on-line retail were registered on Christmas, followed by Children’s Day, Father’s Day, Mother’s Day and Valentine’s Day.

According to the research, there are about 4.8 million consumers who buy through the Internet in Brazil. The information was supplied by the E-bit and the Chamber’s press advisories.

Sales of products over the Internet accounted for only 0.21% of commercial sales in Brazil as recently as 2002. Receipts amounted to US$ 176 million that year, according to the Annual Commercial Survey released by the Brazilian Institute of Geography and Statistics (IBGE).

The products sold in greatest volume via Internet include books, newspapers, magazines, furniture, pharmaceutical products, construction materials, machinery, domestic and personal appliances, office equipment and materials, CD’s, musical instruments, jewelry, costume jewelry, toys, cleaning and hygiene products, optical instruments, and artworks.

Anba, ABr, Bzz

Tags:

You May Also Like

Brazzil Magazine covers

Brazil’s Lula Sends Bush a Message: the FTAA Is Dead. So Is US Dominance.

All of the Pink Tide’s heaviest hitters were in perfect condition at the 30th ...

Brazzil Magazine covers

Where to Find Spirits

In the next few months various brands of Brazilian cachaça will be appearing on ...

Brazzil Magazine covers

With 2 Fairs, in Germany and the US, Brazil Organics Are Starting 2010 Well

The main markets for Brazilian organic products abroad are Germany, France, the Netherlands, the ...

Brazzil Magazine covers

1,200 Vigilantes Poised to Invade Brazil’s City of God. It’s Not a Movie

Cidade de Deus (City of God), the Rio neighborhood made famous by the eponymous ...

Brazzil Magazine covers

World Bank Chastises Brazil for Growing Slow and Neglecting Infrastructure

The chief economist at the World Bank, François Bourguinon, says that "Brazil needs macroeconomic ...

Brazzil Magazine covers

As World Cup and Olympics Host Brazil Has Already Won Two Medals: for Mismanagement and Waste

Winning the 2014 World Cup and 2016 Summer Olympic bids continues to have both ...