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Online retailing--2001 sales (Estimated--$USmillion).

Latin CEO: Executive Strategies for the Americas

| January 01, 2002 | (Hide copyright information)Copyright

Online sales in Latin America were expected to grow from US$450 million in 2000 to US$1.28 billion in 2001--a 137 percent increase. While the strong growth isn't surprising, some of the categories among the top sellers are. Automobiles were the biggest online sellers in 2001, led by the No. 1 nation in the world for online auto sales: Brazil. Another high-ranking category, grocery sales, has caught on in Latin America far more than in the US, probably because consumers in such markets as Brazil and Argentina are …

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