Exports from Ebay.co.uk to grow by 16% this Christmas
Ebay.co.uk has revealed that the total number of export sales on the site is is set to increase by 16% between October and December 2012 compared to the same period last year.
The online marketplace said UK businesses are embracing opportunities in emerging markets this winter in an attempt to make gains during the busiest time of year for online shopping.
Ebay is predicting that exports to Russia this Christmas will rise by 119% compared to 2011, with women’s clothing topping Russian Christmas lists. Exports to China, an emerging market that one fifth of Ebay businesses identified as ‘one to watch’ in 2012, are predicted to rise by 36%.
Chris Webster, director of EU Cross Border Trade at Ebay, said: “Cross border trade represents a massive economic opportunity for the UK, and eBay makes trade without borders a reality by giving businesses big and small a simple, low cost platform to reach over 100 million shoppers around the world 24/7. The results speak for themselves, as 80% of small businesses operating on eBay.co.uk sell internationally to at least five foreign countries.”
Never Miss a Retail Update!Ebay’s most popular destination for UK exports is the US, with over 2.2 million items expected to be shipped from the UK between October and December.
Some of the most popular exports are toys such Lego Uruk Hai characters, FIFA computer games, personalised wooden train sets and H2O Mermaid lockets.