Global trade tech helping efficiency and security

The gross merchandise value of cross-border e-com to grow close to $1 trillion by 2020, from $300 bn in 2015, according to UNCTAD estimates

Donald Trump is not the only force that is changing the world of global trade. As the US President rails against what he sees as unfair trade rules, there is another set of forces that is changing the nature of trade. A combination of new technology solutions is allowing international commerce to discover new efficiencies while allowing smaller traders to join the global trading world.

UNCTAD has estimated that the gross merchandise value of the cross-border e-commerce is growing rapidly. From about $300 billion in 2015, it will be growing by 25 per cent annually to be close to $1 trillion