Making trade more resilient and efficient through technology
Digital technologies are transforming global commerce faster than trade policy can adapt.
At the same time, geopolitical tensions and economic security concerns are increasing fragmentation across the digital economy.
How can global commerce remain open, trusted and interoperable in an era of growing digital fragmentation?
In the face of geopolitical fragmentation, technology acts as a connective fabric, linking and empowering all the different players across trade processes: digitalization and advanced technologies have the potential to improve supply chain visibility and resilience, significantly reduce processing times and the cost of cross-border movements of goods, optimize logistics and shipping, increase access to trade finance, and further enable trade in services.
This report illustrates the transformative role of technology in keeping the trade system connected, even as the global order continues to fragment in unprecedented ways.
TradeTech Global
A World Economic Forum Initiative