Ongoing challenges of international e-commerce market

Abstract

Electronic commerce is a relatively new phenomenon for the global economy that quickly gained interest. The main task of e-commerce is not so much the replacement of the traditional mechanism of trade between economic agents, as the increase in its efficiency in the form of complementing the traditional ways of interaction between participants in business processes: reducing transaction costs or speeding up information exchange. The article analyzes the main global trends in the global e-commerce market. This analysis was carried out on the basis of general and statistical information provided by international organizations such as the WTO and UNCTAD.