Evolving patterns in ICT trade

Information and communication technologies constitute an important part of world trade. Moreover, a growing share of exports of both ICT goods and services is accounted for by developing economies, especially in Asia. Trade patterns have already been affected by the current economic crisis, but the impact differs considerably between goods and services. While ICT goods are among those products IT and ICT that have been the most affected by the recession related services appear to be more resilient. Many companies see the offshoring of services as a way to reduce costs and improve their competitiveness.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions