Mexico, the fastest growing e-commerce market worldwide
America Economia | January 18, 2023 |

In the last three years, Mexico has been the country with the highest growth in electronic commerce worldwide. In 2019, it grew 35% and in 2020 and 2021 it culminated in growth of 81% and 27%, respectively. The electronic commerce industry will continue at an accelerated speed in the country, and companies such as Mercado Libre are investing in infrastructure and new stores that will open next year in different areas of the country.

Check here: In the northern markets of the country, industrial rental prices have increased at a faster rate

The company will also expand its logistics network, to facilitate the deliveries of more than 90% of its merchandise that are made with its own network. Mexico is the second largest market in Latin America for the group, after Brazil.

Another strategy for next year is to improve the service and strengthen the air fleet. Currently, same-day deliveries are offered within 16 cities and four aircraft a day operate in the country.

They will also continue to strengthen the Fintech business, through their own application in MercadoPago. The granting of credit to businessmen and entrepreneurs who need working capital has allowed the business to be boosted and has broadened the base of people and companies that had not had access to credit.

Financial inclusion represents a great opportunity in Mexico, since there are 54 million adult Mexicans who do not have a bank account or access to formal credit, thus this path will be promoted with the application of MercadoPago.

Of interest: Even with little vacancy, industrial demand in Guadalajara grew by more than 30% in 2022

The main challenge for 2023 is to continue innovating and improving service levels. New e-commerce and fintech solutions in many dimensions, and new solutions always increase the complexity of internal management. Combining the speed of innovation with excellence in execution is another important challenge for the organization this year.

In Solili you can consult industrial warehouses in Cuautitlán, Tultitlán and Tepotzotlán

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