Category: Countries Overview

Until 1993, Slovakia was part of Czechoslovakia. It is currently an independent country, bordering Poland, the Czech Republic, Austria, Ukraine, and Hungary. There is no access to sea waters. From 2004 it belongs to the European Union and from 2009 to the euro area.  The GDP of this country in 2019 was US$105.42 billion. The Slovak economy is one of the fastest-growing in Europe. How about ecommerce? Does it live…

Lithuania is one of the Baltic countries. It borders Poland, Russia, Belarus, and Latvia. It is a member of The European Union and NATO.  Lithuania is home to about 3 million people. In 2019 its GDP was US$54.22 billion. Its economy is growing, but how about ecommerce? Is it popular among Lithuanians? We will cover this topic below.  Ecommerce in Lithuania overview  Lithuania ecommerce is forecasted to reach US$818m in…

Croatia is a country located on the Balkan peninsula. It is one of the countries that is more and more often a holiday destination for many Europeans. Croatia shares a border with Bosnia and Herzegovina, Montenegro, Hungary, Slovenia, and Serbia. This country has access to the Adriatic Sea. It has been a member of the European Union since 2013. Although the former Yugoslavia countries have so far struggled with their…

Finland is one of the Scandinavian countries. It borders Sweden, Norway, and Russia. It has access to the Baltic Sea. Finland’s GDP in 2019 stood at a level of US$237.69 billion. Its economy is doing well but how about ecommerce? Is it popular among Finnish consumers? How about consumer behavior? We will cover these and many more aspects below.  Finnish ecommerce overview  Revenue in Finnish ecommerce is projected to reach…

Greece is a country in Southeast Europe. It borders four countries Albania, North Macedonia, Bulgaria, and Turkey. Greece has a great history and is the cradle of culture, making it a popular tourist destination. Its GDP in 2019 stood at the level of US$209.85 billion. Unfortunately, it has the lowest index of Economy Freedom from the whole European Union. Its economy is not at its best, but Greeks are trying…

Russia is the biggest country in the world. It is placed across two continents – Europe and Asia. Its GDP in 2019 hit US$1699.90 billion. It borders by land 14 countries Norway, Finland, Estonia, Latvia, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, North Korea, Lithuania, and Poland. In this piece, we will cover the Russian ecommerce market. You will find out how to meet Russian consumers’ needs, what is the…

Norway is one of the Scandinavian countries. Its GDP in 2019 was US$403.34 billion. It borders Finland, Russia, and Sweden. It also has a sea border with Denmark. Norway is known throughout the world for its coasts – fjords.  In the case of the economy, Norway is doing quite well, but what about ecommerce? Does Norwegian like do shopping online? Do they prefer to pay by cards or digital wallets?…

Hungary is a country in Central Europe. It has no access to the sea. It borders seven countries: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, and Slovenia. Since 2004 it belongs to the European Union. This country’s GDP was US$160.97 billion in 2019, which stood for 0.13 of the world economy.  In this article, we will cover the situation of the Hungarian ecommerce market, making it easier to understand its specification.…

Denmark is the southernmost of the Scandinavian countries. Its official name is the Kingdom of Denmark. GDP of this country in 2019 reached US$348.08 billion. It was the lowest score among all Scandinavian countries, but it doesn’t mean that its GDP is critically low. Denmark is placed at the 37th (globally) in the case of nominal GDP.  When it comes to ecommerce, Denmark is doing quite well. Last year its…

The United Kingdom is a power on the world stage. It is an important player in many economic and social negotiations. Its GDP in 2019 stood at the level of US$2827.11 billion. Due to pandemic situations and Brexit, the year 2020 may be a little worse in the case of economics, but the UK still gets its power. Below you will find some valuable insights from the world of UK…

Germany makes one of the biggest economies in the world. Both offline and online it is doing great. Based on Germany 2020 Ecommerce Country Report we have created an overview of this e-commerce market. Let’s take a closer look at German e-commerce in 2020. In 2018 total sales on the German e-commerce market was €1300 bn. In 2019 Germany was 5th ecommerce in the world with total revenue of $78.8…