The impact of digitalization on the development of international trade

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The development of digital technologies at the present stage has an impact on all spheres of economic activity. The development of trade is not an exception, both at the national and international levels. By causing a global transformation of business processes, digitalization contributes to the expansion of the geography of markets, reducing delivery times and trading costs. E-commerce is gradually transforming from a kind of trading activity into an independent branch of the global network economy. Therefore, the relevance of research on the impact of digitalization on the development of world trade and the level of digital maturity assessment increases, as well as assessment of the risks and threats of digital transformation of world trade. To determine the trend in the development of digitalization of world trade, the authors address such indicators as the dynamics of e-commerce, its share in total world trade, the structure of e-commerce, the e-commerce index. The paper presents a study of e-commerce formats. The study showed that the choice of the main directions for the development of digital world trade depends both on changes in market conditions and the speed of change in digital technologies, the adaptation of markets to these technologies, the level of digital maturity of national economies. The study of the risks and possible negative consequences of world trade digitalization allowed us to conclude that it is necessary to highlight the measures to support development at the state level in such areas as the development of information infrastructure, improvement of international and national legislation in the field of information security.

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Digitalization, digital economy, international trade, e-commerce, level of digital maturity, information security

Короткий адрес: https://sciup.org/148326056

IDR: 148326056   |   DOI: 10.18137/RNU.V9276.23.01.P.024

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