News Consumer spent 455 million in European web stores in...

Consumer spent 455 million in European web stores in the third quarter NOW

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The Dutch spent 455 million euros in foreign web stores from the European Union in the third quarter, the Central Bureau of Statistics (CBS) reported Thursday. This is an increase of 20 percent compared to the third quarter of 2018.

The turnover of European web stores has increased considerably in the last five years. Compared to the third quarter of 2014, 170 percent more were converted.

The online sales of Dutch retailers were 17.5 percent higher in the third quarter of 2019 compared to a year earlier. The retailers, who also had a stone branch, saw the turnover rise. They booked a revenue increase of 22 percent against a sales increase of 15 percent for retailers who only operate online.

Statistics Netherlands emphasizes that the figures are provisional because they have been calculated using a method that is still being developed. As a result, only foreign web stores are included in the survey that declare at least 100,000 euros VAT per year.

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