Online Retail Sales of Agricultural Products Increase in China in 2022

De Cinde Agricultural Products Online Retail Sales Increased
Online Retail Sales of Agricultural Products Increase in China in 2022

According to data released today by China's Ministry of Commerce, online retail sales of agricultural products in the country reached 2022 billion 9,2 million yuan in 531, an increase of 380 percent compared to the previous year.

Last year, total online retail sales across the country increased by 4 percent to 13 trillion 790 billion yuan.

Online retail sales of physical goods rose 6,2 percent year-on-year to 11 trillion 960 billion yuan, accounting for 27,2 percent of total retail sales of consumer goods. In 2022, the online retail market has grown steadily overall.

On the other hand, cross-border e-commerce has also developed rapidly. In 2022, China's cross-border e-commerce import and export volume increased by 9,8 percent to 2 trillion 110 billion yuan.

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