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Russia to tap 10% of global online trade market by 2025 — ministry

October 18, 17:05 UTC+3 MOSCOW

E-commerce will account for 20% of the country’s total trade, according to Russia’s Industry and Trade Ministry

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© AP Photo/Wilfredo Lee

MOSCOW, October 18. /TASS/. Russia’s Industry and Trade Ministry has prepared a draft online trade development strategy until 2025, which implies that the country’s share on the global online trade market will top 10% by 2025, the ministry reported Wednesday.

Russia’s exports via online trade channels will rise by at least 5%, the report said.

According to the ministry, e-commerce will account for 20% of the country’s total trade, and at least 70% of retail stores will be using internet channels in sales by 2025.

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