E-commerce in Hungary is a few years behind in development compared to Western markets. In addition to low competition, the great advantage of Hungary is the fact that Hungarian e-commerce has its best time and growth still ahead of itself.
Expansion to Hungary is very attractive for foreign, more developed online stores. In terms of the cost of running an online store and online marketing is the expansion relatively cheap and easy.
The Hungarian ecommerce market has its specificts. Foreign stores must count for example with strong Hungarian local patriotism or with one of the highest VAT in the world - 27%.
If you are considering expanding into Hungary with your online project, Expandeco is here for you. Take advantage of our many years of experience, knowledge and local contacts.
It's safe to say we shouldn't underestimate the Hungarian e-commerce market. It has grown 2.5 times its size in the last 4 years alone.
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