Digital Trade: Opportunities and Actions for Developing Countries

Abstract

Digital trade is increasingly important and comprises both digitally ordered trade in goods and services (cross-border electronic commerce (e-commerce)) and digitally delivered trade (services delivered internationally through the Internet or other networks). However, countries vary greatly in their readiness for digital trade. If the share of developing countries, particularly the least developed countries, in world trade is to increase, as envisaged in the 2030 Agenda for Sustainable Development, actions are needed to strengthen their capacity to benefit from digital trade. The coronavirus disease (COVID-19) pandemic has made this need even more urgent.

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