In 2023, Amazon's total consolidated net sales revenue amounted to 575 billion U.S. dollars, 131 billion U.S. dollars of which were generated through international revenue channels. North America was the biggest operations segment, accumulating nearly 353 billion U.S. dollars in net sales during the year.
Sales activities
Amazon appeals because it sells a wide range of products. Its departments include beauty, clothing, electronics, games and even wine, along with digital products and subscription services. In 2022, Amazon's largest revenue segment was online retail product sales with roughly 220 billion U.S. dollars in global net sales. Retail third-party seller services ranked second with nearly 118 billion U.S. dollars in sales.
A weak spot
Faster and more efficient delivery services come with a price. Data from the company's financial reports showed that Amazon's worldwide shipping costs amounted to a staggering 83.5 billion U.S. dollars, up from 76.7 billion U.S. dollars in 2021. Amazon's annual fulfillment expenses have also risen steadily, from 75.1 billion U.S. dollars in 2021 to over 84 billion U.S. dollars in 2022.
Annual net sales revenue of Amazon from 2006 to 2023, by segment
(in billion U.S. dollars)
Excluding AWS, figures from 2014 onward have been retroactively adjusted with 2015 publication.
North America: The North America segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and subscriptions
through North America-focused websites such as www.amazon.com, www.amazon.ca, and www.amazon.com.mx. This segment includes export sales from these websites.
International: The International segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and subscriptions
through internationally-focused websites such as www.amazon.com.au, www.amazon.com.br, www.amazon.cn, www.amazon.fr, www.amazon.de,
www.amazon.in, www.amazon.it, www.amazon.co.jp, www.amazon.nl, www.amazon.es, and www.amazon.co.uk. This segment includes export sales from these internationally-focused websites (including export sales from these sites to customers in the U.S., Mexico, and Canada), but excludes export sales from our North American websites.
AWS: The AWS segment consists of amounts earned from global sales of compute, storage, database, and other service offerings for start-ups, enterprises, government agencies, and academic institutions.
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Amazon. (February 2, 2024). Annual net sales revenue of Amazon from 2006 to 2023, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/266289/net-revenue-of-amazon-by-region/
Amazon. "Annual net sales revenue of Amazon from 2006 to 2023, by segment (in billion U.S. dollars)." Chart. February 2, 2024. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/266289/net-revenue-of-amazon-by-region/
Amazon. (2024). Annual net sales revenue of Amazon from 2006 to 2023, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/266289/net-revenue-of-amazon-by-region/
Amazon. "Annual Net Sales Revenue of Amazon from 2006 to 2023, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Feb 2024, https://www.statista.com/statistics/266289/net-revenue-of-amazon-by-region/
Amazon, Annual net sales revenue of Amazon from 2006 to 2023, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/266289/net-revenue-of-amazon-by-region/ (last visited October 08, 2024)
Annual net sales revenue of Amazon from 2006 to 2023, by segment (in billion U.S. dollars) [Graph], Amazon, February 2, 2024. [Online]. Available: https://www.statista.com/statistics/266289/net-revenue-of-amazon-by-region/