Cross-Border Ecommerce To Hit $900 Billion By 2020

DHL Express has published a report predicting that international cross-border ecommerce will hit 900 billion US dollars by 2020. The report predicts that the volume of cross-borders sales will increase at a rate of around 25% each year, representing an increase from 300 million US dollars to 900 million US dollars from 2015 to 2020. DHL Express CEO Ken Allen, said that increased sales to international markets is having a “positive impact… on business growth”. He also added that “shipping cross-border is much, much easier than many retailers believe”, whilst pointing to Asia and Europe as regions where “high-value purchases are being expanded”.