When it comes to cross-border e-commerce, there’s some disagreement over the size of the market. Some analysts peg it at $80 billion, others say it’s closer to $100 billion. But practically everyone agrees the numbers will soar over the next decade. Why? Numerous factors, including the rise of the developing world’s digitally connected consuming class. E-commerce platforms such as China’s DHgate that allow businesses and individuals to buy directly from factories. Even the coming competitive battles between Amazon, Alibaba, Russian e-tailer Ozon and others.
Before long, buying boots from Beijing or fabrics from Finland will be an entirely different — and more common — experience.
Want to check out cross-border e-commerce in action? Watch a video to see FedEx customer Mushmina empowering Moroccan craftspeople.