Four people are gathered around a table, collaboratively working and looking at documents, perhaps discussing nearshoring in Argentina. The background shows bookshelves filled with books. There is a "BIZLATIN HUB" logo and the word "Argentina" superimposed on the image.

E-Commerce in Argentina is Booming Right Now

Why is e-commerce in Argentina booming? What are the business opportunities in this industry? In this article, we’re going to have a close look at this growing sector of Argentina’s economy. There is plenty of room for the sector to grow rapidly and rival other nations.

With Alibaba operating mainly in Asia and Amazon operating worldwide, one may question why e-commerce in Argentina is not yet properly developed. There are many reasons for this, but this is changing rapidly. Indeed, this may be a great moment to consider company formation in Argentina.

Biz Latin Hub can help you with that, as we are local experts, not only in e-commerce in Argentina, but any other field as well. Our array of back office services is designed to help you from initial forays into the market through ongoing compliancy and even up to eventual liquidation if necessary. Not just that, but our network of 18 regional offices means we can help you anywhere in Latin America and the Caribbean.

Doing business in Argentina
e-commerce in Argentina is based on a strong economy

The e-Commerce Industry In Argentina

The CyberMonday of at the beginning of November in Argentina stresses the relevance of this topic. The ‘BlackFriday of the web’ on the 1st of November gathered 1.1 million nationals as the website offered breathtaking discounts. At its busiest time, 50 thousand people were connected simultaneously, and a huge amount of transactions were made. 

Infographic titled "Tech Talent in Latin America" by Biz Latin Hub. It highlights that the region boasts 650 million people and 260 million professional students. VC investments in LATAM surged from $500M in 2014 to $14.8B in 2021. Contact details at the bottom.
e-commerce in Argentina benefits from local talent

According to Worldpay’s research, e-commerce in Latin America is growing fast, rising to US$118 billion in 2021. This is the biggest increase of any region in the world so far. This same research shows that the 3 countries where e-commerce is growing the fastest are Argentina, Colombia and Nigeria.

And this increase was confirmed by the Argentinian Chamber of Electronic Commerce which calculated that there was an increase of 51% in e-commerce transactions in just 2016. And despite its difficult economic past, Argentina has a real chance to succeed in this sector.

Furthermore, Argentina is the country which has the most smartphone users in Latin America, which also makes it possible for m-commerce to increase accordingly. 

Effort to Boost e-Commerce Transactions

If Argentina wants to keep up with the growing e-commerce industry, it has a few challenges to face. The real problem which is necessary to solve is that of user trust. 

Indeed, many Argentinians don’t fully trust buying online and prefer to buy at their local stores. And they aren’t completely wrong, as Argentinian e-commerce still needs more investment in innovation for it to be as reliable and efficient as it is in other countries.

When they first set off CyberMonday in Argentina, the objective was exactly that, to invite new users on the web for them to make the most of the breathtaking offers. And it worked. During the first CyberMonday, every 10 seconds a smartphone was sold.

Business Opportunities In Argentinian e-Commerce:

e-commerce in Argentina: Types of legal structures in Argentina a biz latin hub snapshot.
Form a company for e-commerce in Argentina

As the e-commerce is growing exponentially in Argentina, there is a whole wealth of opportunities for keen investors. As we mentioned previously, better logistics are needed for the e-commerce to function properly.

These e-commerce platforms will need foreign digital expertise for their websites to make them safer for users, especially when it comes to billing and money transactions. This will only have a positive effect on demand as more and more Argentinians will gain trust in its use.

The increasing use of e-commerce in Argentina also means that anyone anywhere can sell their merchandise in the whole of Argentina through an online shopping website.

These last are user-friendly and aren’t very costly. This offers great opportunities for companies that are seeking to cut down on costs as there will be no more need for physical stores anymore.

Biz Latin Hub can assist you with e-commerce in Argentina

 With our bilingual team of lawyers and accountants, we can make it easier for you to incorporate a company and import or trade with Argentina. Doing business in Argentina is still complex and challenging for a number of reasons, which is why foreign companies often rely on companies offering back-office services.

So don’t hesitate to contact us nowor visit our website at bizlatinhub.com to see how we can help you.

Want to learn more about our services in Latin America? Check out this video:

YouTube video
Biz Latin Hub services can help you with e-commerce in Argentina
The information provided here within should not be construed as formal guidance or advice. Please consult a professional for your specific situation. Information provided is for informative purposes only and may not capture all pertinent laws, standards, and best practices. The regulatory landscape is continually evolving; information mentioned may be outdated and/or could undergo changes. The interpretations presented are not official. Some sections are based on the interpretations or views of relevant authorities, but we cannot ensure that these perspectives will be supported in all professional settings.
Legal Team Argentina
Legal Team Argentina

Legal Team Argentina is the Biz Latin Hub leading experts on doing business in Argentina The Team writes on the news, doing business, law, and changing regulations. The team are experts in corporate law, Administrative law, Employment law, Immigration law and legal advisory services. Read more about them here. You can contact Legal Team Argentina via our "contact us page".

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