Digitalization, trade and value chains

Digital technologies are improving the prospects for small businesses in developing countries to participate in global trade. They enable enterprises to cut costs, streamline supply chains, and market products and services worldwide with greater ease than before. Increased trade and reduced trade costs can have positive spillover effects on the economy as a whole, for example through enhanced competition, productivity, innovation, a more dynamic business environment and improved access to talents and skills. But benefits from digitalization are not automatic; MSMEs still need to overcome various barriers to successfully exploit the new opportunities.

Sustainable Development Goals:

Gender Equality

Industry, Innovation and Infrastructure

Partnerships for the Goals