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The National E-Commerce Transaction Volume will Reach 43.83 Trillion Yuan in 2022

May 05, 2023

The E-Commerce Department of the Ministry of Commerce released the "China E-Commerce Report (2022)" (hereinafter referred to as the "Report") in Hangzhou. The report pointed out that the national e-commerce transaction volume was 43.83 trillion yuan, a year-on-year increase of 3.5%; the national online retail sales were 13.79 trillion yuan. The online retail sales of physical goods were 11.96 trillion yuan, a year-on-year increase of 6.2%; the rural online retail sales were 2.17 trillion yuan, a year-on-year increase of 3.6%, and the online retail sales of agricultural products were 5313.82 trillion yuan, a year-on-year increase of 9.2%; The total import and export volume of cross-border e-commerce across the country was 2.11 trillion yuan, a year-on-year increase of 9.8%.