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South Korea's online shopping transaction volume increased by 5.8% last year, setting a new record

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Feb 4, 2025 at 10:40 AM
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The report from the South Korean Statistical Office shows that in 2022, the transaction volume of online shopping in South Korea increased by 5.8% year-on-year, reaching 242.09 trillion Korean won, setting a new high since 2001. The transaction volumes of food and beverages, dining services, and travel significantly increased, with growth rates between 9.3% and 14.8%. Mobile shopping grew by 7.9%, reaching 182.36 trillion Korean won. In December, online shopping increased by 3.2%, and mobile shopping grew by 5.2%

According to the South Korean Statistical Office, South Korea's online shopping transaction volume increased by 5.8% year-on-year last year, reaching KRW 242.09 trillion, a new high since 2001. Among them, the transaction volume for food and beverages, dining services, and travel significantly increased, with growth rates ranging from 9.3% to 14.8%.

Mobile shopping volume increased by 7.9% year-on-year, reaching KRW 182.36 trillion. Among these, agricultural, livestock, and aquatic products rose by 20.5%, and food and beverages increased by 18.5%. Electronic vouchers fell by 13.7%, bag categories decreased by 9.4%, and sports and outdoor products declined by 3.7%.

As for December last year, online shopping volume rose by 3.2% to KRW 21.21 trillion, while mobile shopping increased by 5.2% to KRW 16.21 trillion

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