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Turkey’s e-commerce sector sees sharp increase of 66 percent amid pandemic [Video]

Payments by credit/debit cards constituted 61 percent of total e-commerce volume in the country, Turkish Trade Minister Ruhsar Pekcan said.

Thousands of food packages seen in Turkey's on-demand delivery service Getir's storage, waiting to be deliver, March 30, 2020. (AA)

The volume of e-commerce in Turkey has jumped 66 percent year-on-year to $32 billion (226.2 billion Turkish liras) in 2020, the country's trade minister announced.

"The E-commerce spending to gross domestic product (GDP) ratio reached 4.1 percent in 2020, a rise of 51.8 percent from a year ago," Ruhsar Pekcan told a news conference held in the capital Ankara.

Citing data from international institutions, Pekcan said the global e-commerce volume hit $4.3 trillion, up by an expected 18 percent in the same period.

The figure is projected to reach $6.5 trillion over the next three years, with the increase to accelerate further, she noted.

READ MORE:Turkey hits all-time high March export …

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