World Trade Report 2018 – The Future of World Trade: How Digital Technologies Are Transforming Global Commerce
The World Trade Report is an annual publication that aims to deepen understanding about trends in trade, trade policy issues and the multilateral trading system. The report examines how digital technologies are transforming global commerce.
The report states that digital technologies such as artificial intelligence, the Internet of Things, additive manufacturing (3D printing) and Blockchain have been made achievable by the exponential rise in computing power, bandwidth and digital information. It is estimated that, in 2016, the value of e-commerce transactions totaled US$ 27.7 trillion, of which US$ 23.9 trillion was business-to-business e-commerce transactions.
Source: World Trade Organization