Studies show that Micro, Small, and Medium Enterprises (MSMEs) that use online platforms are around five times more likely to export than those in the traditional economy. Empirical research also finds that 75% of Internet impact in terms of economic value arises from companies operating in traditional industries (i.e. not those that exist only because of the Internet such as transport and agriculture).To ride the wave of e-commerce potential it is becoming increasingly important that populations have meaningful access to and use of digital technologies.
Convening experts from business and government at UNCTAD’s e-commerce week 2018, the International Chamber of Commerce (ICC) will host a side event to address the challenges developing countries face to expand e-commerce capacity, encourage greater awareness of evolving trends, and offer global business insights on how opportunities can be reaped for a sustainable 2030.