The European e-Business Report The European e ... - empirica

The European E-Business Report 2005
Main results
Korea has gained much ground in e-commerce. According to KNSO's "Report on the E-Commerce
Survey" (2004), the total e-commerce transaction volume was KRW 235,025 billion (€ 176 billion) in
2003 (including B2B, B2G and B2C transactions). This is a growth of 32% from 2002. Data for the 1 st
quarter of 2004 indicated further growth of about a third compared to 2003.
B2B has emerged as the major type of e-commerce, accounting for close to 90% of the transaction
volume in 2003 (see Exhibit 1.8-3). B2B has also shown the highest growth rates over the past few
years. In 2003, the e-commerce transaction volume in inter-firm trade increased by more than 30%.
Exhibit 1.8-3: E-business volume in Korea by type of customer (B2C, B2G, B2B)
2002 2003
Change over
previous year
billion KRW ratio billion KRW ratio billion KRW +/- rate
Total e-commerce 177,810 100.0 235,025 100.0 57,215 32.2
(€ 151 b)
(€ 176 b)
(€ 25 b)
Business-to-Business (B2B) 155,707 87.6 206,854 (a) 88.0 51,147 32.8
Business-to-Government (B2G) 16,632 9.4 21,634 9.2 5,002 30.1
Business-to-Consumer (B2C) 5,043 2.8 6,095 (b) 2.6 1,052 20.9
Other 427 0.2 442 0.2 15 3.5
Notes:
(a)
(b)
KRW 206,854 billion for B2B is the sum of KRW 206,336 billion estimated by the E-commerce survey on Enterprise and
KRW 518 billion by the Cyber Shopping Mall Survey.
KRW 6,095 billion for B2C and 21,634 billion KRW for B2G were estimated from the results of the Cyber Shopping Mall
Survey & E-commerce Survey and Government respectively.
Source: KNSO, 2004
B2C has also significantly increased by about 20% in 2003, according to KNSO. However, the total
transaction volume accounts for only about 3% of total e-commerce. Nevertheless, further growth is
expected for the years to come, in line with a trend that can be observed for many countries these
days. In the case of Korea, the fast catching-up in household internet penetration (compared to the
late 1990s, when other advanced economies were still ahead of Korea in that respect), coupled with
the general rise of the internet, may well lead to extraordinary growth rates in future B2C e-commerce.
Back in 2002, approximately 20% of all internet users in Korea were identified as B2C e-commerce
users. It can be speculated that this percentage has significantly increased since.
"Closed transactions" (i.e. transactions between large corporations and their long-term suppliers)
accounted for about two thirds of the total e-commerce transaction volume in 2003. "Open
transactions" (i.e. transactions via bidding or open markets) accounted for about one third.
1.8.5 E-business monitoring in the USA
Institutional background and main surveys
The most important authority for measuring e-business in the United States of America is the U.S.
Census Bureau of the Department of Commerce (DoC, www.census.gov/eos), pre-eminent collector
and disseminator of timely, relevant, and quality data about the people and the economy of the United
States. The Census Bureau conducts a population and housing census every 10 years, an economic
census every five years, and more than 100 demographic and economic surveys every year, all of
them evolving from the first census in 1790.
E-Stats (www.census.gov/estats) is the U.S. Census Bureau’s internet project site devoted exclusively
to Measuring the Electronic Economy. It features recent and upcoming releases, information on
methods, classification systems, and background papers.
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