Fueling the Online Trade Revolution

A New Customs Security Framework to Secure and Facilitate Small Business E-Commerce

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, International, International Security, Computers, Internet, Electronic Commerce
Cover of the book Fueling the Online Trade Revolution by Kati Suominen, Center for Strategic & International Studies
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Author: Kati Suominen ISBN: 9781442240919
Publisher: Center for Strategic & International Studies Publication: May 1, 2015
Imprint: Center for Strategic & International Studies Language: English
Author: Kati Suominen
ISBN: 9781442240919
Publisher: Center for Strategic & International Studies
Publication: May 1, 2015
Imprint: Center for Strategic & International Studies
Language: English

Across the United States, individuals and small businesses are increasingly buying and selling goods and services online. According to the U.S. Census Bureau, the total value of online transactions in the United States grew from $3 trillion in 2006 to $5.4 trillion in 2012, about a third of U.S. GDP. Increasingly, these transactions are cross border. By 2017, a third of U.S. business-to-consumer (B2C) and consumer-to-consumer (C2C) e-commerce transactions will be with foreign counterparts, up from 16 percent today.

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Across the United States, individuals and small businesses are increasingly buying and selling goods and services online. According to the U.S. Census Bureau, the total value of online transactions in the United States grew from $3 trillion in 2006 to $5.4 trillion in 2012, about a third of U.S. GDP. Increasingly, these transactions are cross border. By 2017, a third of U.S. business-to-consumer (B2C) and consumer-to-consumer (C2C) e-commerce transactions will be with foreign counterparts, up from 16 percent today.

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