Pakistan becomes third biggest seller on Amazon

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ISLAMABAD: Pakistan has become the third selling country on Amazon.

According to the details, Pakistan is the third largest country after the United States and China with 1.2 million merchants registered in the Amazon marketplace.

According to the report by Marketplace Plus, an organization that compiles statistics on the global e-commerce market, Pakistan was allowed to sell products on Amazon in May 2021, and in a short span of just one year. , twelve from Pakistan.

Millions of merchants have registered with Amazon, which has made Pakistan the third largest country. More merchants from Pakistan have registered on Amazon Marketplace than from UK, Vietnam, India and Canada.

According to the report, Pakistan will be able to earn twenty eight billion dollars a year by selling or exporting products through Amazon.

Read more: PSX wins Best Islamic Stock Exchange 2021 award

Pakistani traders sell various products including textiles, leather, sporting goods, chemicals, carpets and fabrics on Amazon. It should be noted that Pakistan is the 37th largest market in the world in terms of e-commerce and in the year 2021, the e-commerce sector in Pakistan achieved a turnover of 5.9 billion dollars, so Pakistan now has an advantage over Iran.

The report further states that in the past year 2021, the growth rate of the global e-commerce market has been fifteen percent (15%), while the e-commerce sector in Pakistan has grown at a rate by forty-five percent (45%) during the year, The evidence provided showed the face of efficiency and effectiveness in the sector.

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