Asia records strongest growth in digitally deliverable services

Asia recorded the strongest growth in digitally deliverable services. This growth is being driven by millions of women entrepreneurs who are using e-commerce, digital payments, and online services to reach markets beyond their local areas. Digital trade is shifting from the margins of commerce to the center of business growth across the region.

Digitally deliverable services, which can be supplied remotely through the internet, accounted for 56% of global services exports according to UN Trade and Development. However, the share of these services in Least Developed Countries stood at only 16%. This indicates a large opportunity for women-led enterprises in Asia and the wider Global South to scale businesses without needing physical shopfronts.