For organisations around the world, the growth of cross-border e-commerce offers exciting opportunities to reach new customers and expand into new e-commerce markets.

The total value of all global cross-border e-commerce will reach £562.1 billion by the end of 2021 and is expected to exceed £4 trillion by 2027. These figures are compelling – Merchants can no longer ignore the necessity for a comprehensive global e-commerce strategy.

Shopping habits have been shifting from physical retail to online commerce for a considerable time. Moreover, the COVID-19 pandemic has significantly accelerated this trend. As a result, consumers appreciate the ease and convenience of online shopping.

IT’S TIME TO EMBRACE CROSS-BORDER E-COMMERCE!

Take a look at some important statistics and predictions for global e-commerce and explore the opportunities and challenges of cross-border online commerce.