eBay and etsy are relatively confident despite the pressure of the rates

Like almost every sector in the world of business, the second -hand industry is fighting the consequences of President Donald Trump’s tariffs.

Based on the comments made by eBay and etsy earlier this week, they seem not too concerned.

Companies recently reported the results of the Q1 2025 profit, with both dealing with the urgent topic of tariffs. Ebay and Etsy are resistant to some extent, to a large extent because of the approaches of their sellers to supply products. Unlike the rivals related to imports such as Temu and Shay, Which recently raised prices in response to tariffsMany sellers of Ebay and Etsy in the United States, mainly a source of their products locally, often sell used, harvest or handmade items.

The companies have provided data during their profit calls to demonstrate minimal tariff exposure.

Ebay CEO Jamie Innone said: “Our greater China to the United States is a three -month three% of the total (gross value of goods) for us. And in general, China is a little less than 10%.”

Similarly, the Etsy Financial Officer, Lanny Baker, said: “At present, the direct exposure to Etsy’s tariffs seems to be relatively low, given that just over 1% of (gross sales of goods) comes from the US import of items purchased by sellers in China.”

Etsy CEO, Josh Silverman, added: “Most are independent entrepreneurs working from their home with 90%, supply their supplies in the country.”

Having sellers with local supply strategies can provide a significant advantage over competitors such as Temu, Shein and Amazon. However, second -hand companies still need to deal with the challenges that come with continuing economic uncertainty and consumer cost habits.

Etsy seems to be a little more vulnerable when it comes to it. Etsy’s main business model focuses on handmade and vintage goods that tend to be higher. So, while Etsy sellers may not feel the effects of tariffs, customers still hesitate to spend, leading to a 3.4% decrease in the year of active buyers, resulting in a total of 88.5 million. The number of usual buyers has decreased by 11%, to a total of 6.2 million.

In addition, Etsy reported a drop of 8.9% of gross goods (GMS) sales for the market up to $ 2.3 billion.

As a positive note, Etsy continues to take advantage of its ownership of Depop, a second -hand fashion platform that remains popular against the background of the coming recession. Since the acquisition of Depop in 2021, the platform has reached a record GM. The company did not reveal specific figures.

“Etsy has a strong experience in navigating turbulent macroeconomic conditions and we are confident in our ability to continue to adapt,” Silverman said.

In contrast, eBay is in a stronger position, as more price buyers choose used and repaired goods, which the company said it represents over 40% of its inventory. The company announced that customers wishing to avoid tariffs have increased their costs by giving a solid start to eBay for the quarter.

“We have observed the trends of healthy volume due to the strength in our focuses categories and what can be a modest attraction of consumer demand, worried about the increased costs and complexity of US customs in the near future,” said Ebay Financial Officer, Steve Prist.

The gross volume of the company’s goods (GMV) increased to $ 18.8 billion, while revenue increased by $ 1% to $ 2.58 billion.