The UK Office for National Statistics this week released a
report on UK e-commerce in 2001, valuing on-line trade at £18.4
billion for the year, excluding the financial services sector,
representing 1% of the year’s total sales by non-financial sectors
of the economy.
Around 12,000 businesses of all sizes were surveyed. The results
show a 42% increase in on-line sales from 2000. The B2C share of
on-line sales increased from 33% to 36%. Total sales to households
increased by 53% between 2000 and 2001; sales to businesses
increased by 36% over the same period.
Geographically, 81% of all orders were from inside the UK, 12%
were from other EU countries and the remaining 7% were received
from outside the EU.
Physical products accounted for 62% of sales in 2001, 35% were
sales of services and 3% were sales of digitised products.
On-line spending exceeded sales. In 2001, there were £23.4
billion of on-line purchases made by firms in the non-financial
sectors, 20% of suppliers being based outside the UK.
According to the Office for National Statistics, the methodology
used for estimating trade in the financial sector is still under
review.
Disclaimer: We hope you find OUT-LAW’s content useful. It’s prepared by the lawyers at Pinsent Masons. Please remember, though, that it’s intended as general information only. It’s not legal advice. If that’s what you’re seeking, please
contact us. See also: our
full disclaimer