Online cross-border trade seen growing fivefold by 2020


  • TECH
  • Tuesday, 21 Jan 2014

BERLIN: The value of online exports in six of the top e-commerce markets will grow fivefold to US$130bil (RM390bil) by 2020, with Britain currently generating the biggest online trade surplus by selling more goods abroad, research showed on Monday.

The study by London-based management consultancy OC&C and US search engine Google estimated the value of cross-border online trade in the United States, Britain, Germany, the Nordics, the Netherlands and France at $25bil (RM75bil) for 2013.

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