According to resource, E-commerce industry in Panama reached $1.6 Billion, with 20% growth rate by 2022.
The major reason behind the rise of eCommerce market in Panama is the internet penetration rate that is reached 66%, which triggers the increase in online shopping.
Personal & Household care, Electronics along with Fashion are the most popular products to sell online in Panama.
Velez is the best eCommerce player in Panama at the present moment.
Top eCommerce websites in Panama
- eBay
- Multimax
- Facebook Marketplace
- Velez
- Panafoto
- Do it center
- Felix