Reports
APEC Workshop: Towards Digital Trade Ecosystem in the Asia-Pacific Region
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
APEC has helped drive economic growth and cooperation across the Asia-Pacific by reducing trade barriers, improving the ease of doing business and strengthening connectivity among economies. These efforts have contributed to rising incomes, expanded trade and greater opportunities for businesses and communities across the region.
APEC has helped drive economic growth and cooperation across the Asia-Pacific by reducing trade barriers, improving the ease of doing business and strengthening connectivity among economies. These efforts have contributed to rising incomes, expanded trade and greater opportunities for businesses and communities across the region.
APEC brings together governments, businesses and stakeholders to collaborate on shared priorities. Explore opportunities to participate in events, contribute to initiatives and engage with APEC’s work across the region.
APEC brings together governments, businesses and stakeholders to collaborate on shared priorities. Explore opportunities to participate in events, contribute to initiatives and engage with APEC’s work across the region.

Reports
•January 2024
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Published Under
SOM Steering Committee on Economic and Technical Cooperation (SCE), Small and Medium Enterprises Working Group (SMEWG)
Accessed
5864
Pages
95
Our study on e-commerce adoption in SMEs across seven economies (Chile; Hong Kong, China; Mexico; Peru; Singapore; Chinese Taipei; and Viet Nam) found that adoption is increasing, but varies by economy. The most advanced economies in e-commerce are Hong Kong, China; and Chinese Taipei, while Peru and Mexico are the least advanced.
We found that e-commerce adoption has led to increased revenue and diversification of revenue streams for SMEs. However, there is still room for improvement in the implementation of integrated digital management systems.
Based on our findings, we identified three key areas for action:
• Increase internet access;
• Promote e-commerce adoption;
• Improve digital maturity levels.
We believe that by addressing these challenges, SMEs can fully leverage the potential of e-commerce to drive economic growth and innovation.