Impact of digitization on global trade: A review

Abstract

The digital trade ecosystem has swiftly emerged as a cornerstone of contemporary global business, driven by advancements in e-commerce platforms, digital payments, data services & online marketplaces. This research adoted a dual based method approach, using theme analysis to identify the repeating patterns, innovations as well as divergences, while applying conceptual mapping to illustrate the linkages & to emphasize the strategic policy-level deficiencies. The primary aims are to comprehend the structural barriers to inclusive digital trade & also to provide evidence-based suggestions for infrastructure along with governance. The paper finds four principal topics via thematic analysis: digital infrastructure preparedness, regulatory fragmentation, cybersecurity threats & SME digital inclusion. Conceptual mapping elucidates the discord between national regulations & global digital flows, highlighting significant shortcomings in cross-border data protocols, platform compatibility & digital capacity-building. The results highlight the enthusiast adoption of digital technologies throughout many nations & industries, along with the dangers posed by the legislative & technical imbalances. This study accelerates the conversation on digital trade by giving practical ideas to improve the coherence, cooperation as well as resilience within the digital trade ecosystem.