Digital Trade Increases Fourfold
According to a recent report from the World Trade Organization (WTO), cross-border digital trade flows, which include e-commerce, video streaming, games, and apps, have grown by four times since 2005 and are now valued at approximately $3.8 trillion. This represents over half of all services trade globally. Demand for traded digital services has been rising by 8% each year since 2005.
Source: World Trade Organization
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