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The online event will explore digital solutions and policies to help the world recover from the coronavirus crisis. This includes business-to-business (B2B) and business-to-consumer (B2C) sales, and is equivalent to 30% of global gross domestic product (GDP) that year. Global platforms play a major part, but individual businesses can be successful too. de la Paix, 1211 Geneva 10, Switzerland, Welcome to the United Nations Conference on Trade and Development, Estimates of global e-commerce 2019 and preliminary assessment of COVID-19 impact on online retail 2020, intergovernmental meeting on measuring e commerce and the digital economy, an index released by the World Benchmarking Alliance. The UNCTAD Global Cyberlaw Tracker, allows you to map laws on e . In relation to GDP, B2C e-commerce in these economies was the largest in Hong Kong (China), China and the United Kingdom, and smallest in India, Brazil and Russia. Valuable inputs and comments were also received from e-Residency of Estonia, the International Trade Centre, the United Nations Economic and Social Commission for Asia and the Pacific and the Universal Postal Union. E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN's trade and development body, UNCTAD, at the start of its UNCTAD eWeek event. Global e-commerce sales hit $25.6 trillion in 2018, equivalent to 30 percent of global GDP that year and an 8% increase from 2017, according to the latest available estimates released by the UN's trade and development body, UNCTAD on Monday. That figure is estimated to grow over the next few years, showing that borderless ecommerce is becoming a profitable option for online retailers. The share of cross-border online shoppers to all online shoppers rose from 17% in 2016 to 23% in 2018. UNCTAD - Palais des Nations, 8-14, Av. There were particularly large gains for Shopify (up 95.6%) and Walmart (72.4%). Bumpy ride. The theme for the 2022 edition is 'Data and Digitalization for Development.'. Note: Figures in italics are UNCTAD estimates. Western European countries lead in the 2021 rankings , reflecting the resilience of economies in the face of the global COVID-19 health crisis. The UNCTAD report also notes that the share of online shoppers making cross-border purchases rose from 20% in 2017 to 25% in 2019. UNCTAD released the report, "Estimates of global e-commerce 2019 and preliminary assessment of COVID-19 impact on online retail 2020", as it hosted a two-day intergovernmental meeting on measuring e commerce and the digital economy. The United States continued to dominate the overall e-commerce market, ahead of Japan and China (Table 3). The opening plenary session introduced the UNCTAD's E-commerce week and its theme: 'Data and Digitalization for Development'. April 27, 2020 - E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN's trade and development body,. Global ecommerce sales grew 13% in 2017, hitting an estimated $29 trillion, according to latest UNCTAD data. The index ranked 100 digital companies, including 14 e-commerce firms, based on how they contribute to access to digital technologies, building digital skills, enhancing trust and fostering innovation. 1 Apr 2019 - 1 . On top, we find the Netherlands, Switzerland and Singapore. China is the world's largest business-to-consumer (B2C) ecommerce market, both in terms of sales and in number of online shoppers, followed by the US and Japan. Cross-border B2C e-commerce amounted to some $440 billion in 2019, an increase of 9% over 2018. The online event will explore digital solutions and policies to help the world recover from the coronavirus crisis. Dcouvrez en images les prvisions mto compltes du 31 octobre 2022 Paris et en le-de-France sur BFM Paris le-de-France, la premire chane d'information de la rgion parisienne. The online event will explore digital solutions and policies to help the world recover from the coronavirus crisis. UNCTAD'S Post UNCTAD 136,209 followers 1d Report this post By renewing the #BlackSeaGrainInitiative, ending trade restrictions, facilitating exports and managing demand, we can get food . endobj Cross-border B2C e-commerce amounted to some $440 billion in 2019, an increase of 9% over 2018. At the same time, e-commerce's share in global retail increased from 14% to 17% from 2019 to 2020. UNCTAD estimates that 1.45 billion people, or one quarter of the worlds population aged 15 and older, made purchases online in 2018 (Figure 1). Emission . Alibaba (China) was far ahead with a GMV of $866 billion in 2018, followed by Amazon (United States) with $277 billion. B2C e-commerce was valued at $4.4 trillion, up by 16% from 2017. Geneva, Switzerland As head of partnerships and advocacy, I am in charge of the creation and coordination of programs and partnerships that are in line with the United Nations Conference on Trade and Development . All of them experienced sharp declines in gross merchandize volume (GMV) and corresponding drops in ranks. The United Nations Conference on Trade and Development (UNCTAD) will host its annual E-Commerce Week on 16-20 April 2018, at the Palais des Nations, in Geneva, Switzerland. Among the top 20 economies, the extent to which Internet users engage in online purchases varies considerably. Cross-border B2C e-commerce sales amounted to $404 billion in 2018, representing an increase of 7% over 2017. 2 0 obj Source: UNCTAD, based on national sources. Global online shoppers (million), 2016-2018, Source: UNCTAD, based on national dataNew methodology. stream Table 3). More than 1.4 billion people shopped online and more bought from abroad. UNCTAD's estimates of the global digital economy as a whole range from 5% to 15% of global GDP. Resources should be committed to that goal. 12/04/2019 . Serena Williams Investment Shows That Nigerias Tech Sector Is Attractive But Things Can Be Better, Digital Solutions Boosting Agric in Kenya, But its Time to Scale up. E-commerce has the potential to boost the country's economy by creating employment, diversifying sources of income, and creating new value chains. Europe dominated a global e-commerce index published by the United Nations Conference on Trade and Development (UNCTAD), while Asian nations led among. the bulk of e-commerce Source: UNCTAD, based on Payvision, national and other sources. Czech Republic jumps six places in UNCTAD global e-commerce ranking to 25th spot. Note: Figures in italics are UNCTAD estimates. UNCTAD According to the UNCTAD analysis, the estimated 2018 e-commerce sales value, which includes business-to-business (B2B) and business-to-consumer (B2C) sales, was equivalent to 30% of global gross domestic product (GDP) that year. According to UNCTAD estimates, in India over 91% of e-commerce sales, $369 billion, are in the B2B (business to business) category. Table1: E-commerce sales: Top ten economies in 2018. However, in terms of revenue, JD.com (China) and Amazon were ahead of Alibaba. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 960 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The initiative will continue to play its part by advocating relevant policy approaches, supporting assessments of national e-commerce environments, and fostering collaborations between national and international stakeholders to maximize the synergies that can contribute to enabling e-commerce for development. The pandemic has also demonstrated the importance of ensuring consistency and avoiding duplication in international efforts. This Year in Review provides an overview of our main activities and accomplishments in 2021. Pacific Islands Forum joins UNCTAD-led eTrade for all initiative, How urban entrepreneurs can help build sustainable cities, UNCTAD assessment set to boost digital economy in Peru, Global e-commerce hits $25.6 trillion - latest UNCTAD estimates, UNCTAD - Palais des Nations, 8-14, Av. UNCTAD estimates that 1.45 billion people, or one quarter of the worlds population aged 15 and older, made purchases online in 2018 (Figure 1). UNCTAD has released a catalogue that, for the first time, identifies over 45,000 potential new products with export potential that can help diversify 233 economies.. <> The United States continued to dominate the overall e-commerce market (Table 1). Event report [Read more session reports from the UNCTAD E-Commerce Week 2018]. Switzerland has come top for the first time in the 33-year history of IMD's World Competitiveness Ranking , in a year that reflected the impact of the COVID-19 pandemic on economic competitiveness. Investment in the digital economy is one of the topics being discussed on day two of UNCTAD's E-commerce week, which runs from 24-28 April 2017. The 2017 value of global e-commerce was estimated at $23.8 trillion, based on a revised methodology. E-commerce and other economic activities enabled by digital technologies have the potential to accelerate progress across all the 17 Sustainable Development Goals (SDGs). B2C e-commerce was valued at $4.4 trillion, up by 16% from 2017. This study on the impact of COVID-19 on e-commerce and digital trade is a collective effort, and the first research-oriented project undertaken under the eTrade for all umbrella. For instance, the highest ranked e-commerce company was eBay at 49th place. This limits the ability of many developing countries to use digital solutions to cope with the current health and economic crisis. Global online shoppers (million), 2016-2018. The session, moderated by Ms Joy Kategekwa, Head of Regional Office for Africa, UNCTAD, addressed the challenges, opportunities, and trends of e-commerce on the African continent, with emphasis on participation in global value chains, entrepreneurship, enabling frameworks, and regulatory developments. B2C e-commerce sales were estimated at $4.9 trillion in 2019, up 11% over 2018. E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN's trade and development body, UNCTAD, at the start of its UNCTAD eWeek event. They also point to the need for countries, especially developing ones, to have such information as they rebuild their economies in the wake of the COVID-19 pandemic," said Shamika Sirimanne, UNCTAD's director of technology and logistics. E-commerce enterprises underperformed compared to companies in other digital industries such as hardware or telecommunication services. Abstract and Figures. Developing and transition economies accounted for about half of the top 20 economies by B2C e-commerce sales. B2C e-commerce sales, by region, 2013 and 2018 ($ billions) . Due to the changes to the methodology as well as country revisions to their 2017 data, the latest e-commerce estimates are not directly comparable to those published by UNCTAD in previous years. The dramatic rise in e-commerce amid movement restrictions induced by COVID 19 increased online retail sales' share of total retail sales from 16% to 19% in 2020, according to estimates in an UNCTAD report released on 3 May. The report titled, 'COVID-19 and E-commerce: A Global Review,' finds that global gross domestic product (GDP) decreased 4.3% in 2020. Still the number of online shoppers, while huge, is an indication of the scale of the digital divide and the future market potential of e-commerce, both of which need to be addressed, Ms. Sirimanne added. The interest in buying from foreign suppliers continued to expand. The United Nations Conference on Trade and Development (UNCTAD) in collaboration with eTrade for all and other partners will host its annual eCommerce Week. This well-established programme helps you develop the most appropriate legal, institutional and policy frameworks to build confidence in e-commerce. The information was revealed in a report released at the start of UNCTAD's eWeek online event, which . Table 3: E-commerce sales: Top 10 countries, 2019. It remained among the top three countries by B2C e-commerce sales, alongside China and the United Kingdom. In 2021 the E-commerce and Digital Economy Programme continued to deliver on the mandate to assist developing countries to enhance their readiness to engage and integrate into the digital economy. With rising use of e-commerce and current developments in cloud computing, the Internet of Things ('IoT') and big data, the need for such frameworks has become urgent. Figures in italics are estimates. Mantngase informado con las ltimas noticias de Colombia y el mundo a hoy: Noticias de deportes, internacionales, poltica y noticias de economa en Colombia y el mundo. The share of cross-border online shoppers to all online shoppers rose from 17% in 2016 to 23% in 2018. UNCTAD says that global share of online retail sales climbed from 16 per cent in 2019 to 19 per cent in 2020, persisting in 2021. The United Nations Conference on Trade and Development's E-Commerce and Development Report 2002 provides a great deal of information on e-commerce from a variety of . Setting global trade rules on e-commerce - opportunities, challenges, perspectives, and the Impact on developing countries. The online event will explore digital solutions and policies to help the world recover from the coronavirus crisis. The pandemic has, however, resulted in mixed fortunes for some e commerce companies, reversing the fortunes of firms offering services such as ride-hailing and travel. E: unctadpress@un.org E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the latest available estimates released today by the UN's trade and development body, UNCTAD, at the start of its UNCTAD eWeek event. The global ecommerce market is expected to total $5.55 trillion in 2022. major e-commerce markets: 2015 new unctadestimates total b2b b2c economy $ billion % of gdp $ billion % of all e-commerce $ billion 1 united states 7,055 39% 6,443 91% 612 2 japan 2,495 60% 2,382 96% 114 3 china 1,991 18% 1,374 69% 617 4 korea (rep.) 1,161 84% 1,113 96% 48 5 germany (2014) 1,037 27% 944 91% 93 6 united kingdom 845 30% 645 76% 200

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