Revenues from e-commerce accounted for some 12 per cent of European business income last year, according to a recent report.
The European Commission's Eurostat office found that companies in many member countries are drawing significant revenues from e-commerce transactions, mainly within their own borders. Domestic transactions accounted for 83 per cent of e-commerce sales in the UK, for example.
Ireland reported the highest percentage of e-commerce sales, at 26 per cent, and was also among the highest in sales beyond its own borders, at nearly 40 per cent.
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More Information: Here's a link to the Eurostat Report
A little more than a quarter of e-commerce turnover with destinations outside the country
The share of enterprise turnover generated from e-commerce2 in 2008 varied significantly between Member States. The highest shares were recorded in Ireland (26%), Finland and Sweden (both 18%), the Czech Republic, Germany and the United Kingdom (all 15%), Hungary (14%) and France (13%). The lowest shares were observed in Bulgaria and Cyprus (both 1%).
In the EU27, three quarters (73%) of e-commerce turnover came from within the country, 19% from another EU27 Member State and 8% from outside the EU27. Over 80% of e-commerce turnover came from within the country in Latvia (88%), Bulgaria (85%), the United Kingdom (83%), Greece and France (both 82%) and Spain (81%). Hungary (60%) recorded the highest share of e-commerce turnover with another Member State, followed by Cyprus (51%), Slovakia (44%) and Ireland (39%). Highest proportions of e-commerce turnover from outside the EU27 were observed for enterprises in Malta (56%), Slovakia (34%), Ireland (23%) and Cyprus (20%).
