Irish consumers buy more from overseas websites than domestic ones, new research has shown.
The Global Cross Border Commerce Report from payment provider PayPal has found that 2.1m Irish consumers bought goods online from an Irish retailer last year, compared with 2.2m buying from a foreign website, the Irish Independent said.
The report highlighted that Irish online shoppers are more likely to buy from abroad than in any of the other 29 countries and markets surveyed. .
More than 80% of Irish consumers shopped on overseas sites in the last year, spending €2.7bn (£2.4bn) in the last 12 months. The UK, the US and China are the most popular markets.
Irish shoppers said delivery fees (34%) and return shipping costs (21%) were the most important factors in deterring them from domestic sites.
Total online spend is growing at around 20% year-on-year in Ireland, the report said.