Unlocking the potential of digital trade

Ecommerce is transforming the economic landscape and the way economic transactions are made in the global trade system. With the advent of the digital era, the exponential growth of e-commerce in the last decade is expected to grow in the coming years regardless of any accompanying trade rules. An estimated 1.6 billion people worldwide purchased goods online in 2016, generating revenue amounting to US$1.9 trillion, a figure expected to more than double by 2020.