Observed Signal · Nov 23, 2023 · Regulation · Source: OnlineMarketing.de · Impact: 2/5 · Sentiment: Negative
Amazon SME Export Record in Germany
The article reports that in 2022, more small and medium-sized enterprises (SMEs) sold via Amazon in Germany than ever before, per Amazon's KMU Report Deutschland 2023. About 47,500 SMEs used Amazon for trade, with 725 million products sold on the Amazon Marketplace, a record. Export volume reached over €4.75 billion, up more than 10%. Approximately 75% of SMEs exported to customers worldwide. Amazon also notes that over 16,000 SMEs earned more than €100,000 in 2022, with more than 3,800 German SMEs earning over €1 million, and that online trade helped create over 160,000 jobs. The piece acknowledges strong Black Friday sales potential but also cites criticism of Amazon’s practices and a recent FTC lawsuit alleging monopolistic behavior, including impacts on buyer quality, seller prices, and fair competition.
Notable SME export activity on a major marketplace; regulatory action by FTC mentioned.
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Key Takeaways & Evidence Grounding
- 47,500 SMEs used Amazon for trade in Germany in 2022.
- 725 million products were sold on the Amazon Marketplace in 2022.
- Export volume rose to over €4.75 billion in 2022, up more than 10%.
- 75% of SMEs on Amazon exported to customers worldwide.
- Over 16,000 SMEs earned more than €100,000 on Amazon in 2022.
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