The International Trade Administration projects global B2B ecommerce sales to soar to $36.2 trillion by 2026, indicating a staggering 50% growth from 2023, highlighting the essential role of international trade in this expansion.
Gross merchandise value represents total sales over a predefined period, making it a crucial metric for understanding the health and trends within ecommerce sectors.
Consumer electronics are leading in global ecommerce sales, with projected revenues hitting $922.5 billion, showcasing strong consumer interest in technology and related products across the globe.
In the U.S., fashion leads in ecommerce categories, expected to pull in $162.9 billion in revenue by 2024, reaffirming its substantial role in driving online sales.
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