When talking about cross-border e-commerce, the first target markets that come to mind are the Unit States, Europe, China, Hong Kong, Taiwan, and Korea, but the e-commerce markets of Southeast Asian countries and ASEAN have also grown remarkably in recent years,
making them an area not to be overlook
Although the e-commerce market in azerbaijan whatsapp data Southeast Asia is currently small, it is expect to grow explosively in the future. One country that is attracting attention in Southeast Asia is the Philippines, where population and economic growth are unstoppable.
In this article, we will look at the e-commerce situation in the Philippines, where national income is also steadily increasing.
Basic information about the Philippines
The Philippines is an island nation lpartlow@hotmail.com made up of 7,109 islands with its capital in Manila, and has an area of 299,404 square kilometers
, about 80% of Japan’s. The time difference between the Philippines and Japan is one hour, and there is no daylight saving time. Cebu Island, locat in the center of the Philippines, is a world-class resort area that attracts many Japanese tourists.
The center of the Philippines is the capital, Manila
and the area around Manila where politics, economy, information, and culture are concentrat is call “Metro Manila.”
Of the total population of the Philippines, which is about 100 million (as of 2014), about 22 million people are concentrat in “Metro Manila,” making it the fifth largest metropolitan area in the world.
The population also exce 100 million in 2015, increasing by 2% in one year, and the average age is very young at 24 years old. It is expect that the working and consuming generation will continue to increase in the future. Below is a summary of basic information about the Philippines.
- Area: Approximately 300,000 square kilometers
- Population: 100.98 million (2015, source: Philippine Statistics Authority (PSA))
- Capital: National Capital Region (NCR)
- Population: 12.88 million (2015, source: PSA)
- Currency: Philippine peso (P) (1 Philippine peso = 2.16 yen)
- Languages: Filipino, English, Cebuano, etc.
- GDP: $330,846 million (2018) Real GDP growth rate: 6.2 (%)
- Average age: 24 years old (45.9 years old in Japan)
- Internet user population: 71% (from Digital2019)
The Internet Situation in the Philippines
Internet usage in the Philippines is high united kingdom cell number with 71% of Filipinos using the internet according to “Digital 2019” data.
Of these, EC site usage is around 63%, with the market size reaching 4 trillion yen in 2015 statistics.
Another characteristic of the Philippines is their active use of social media. Specifically, Facebook is useby 97%, YouTube by 96%, and FB-Messenger by 89%, all of which show high usage rates.