Digitalization of international trade relations: advantages and contradictions

Abstract

The article considers the features of the development of international trade relations in the context of the formation of the global digital economy. The increasingly active use of the latest information and communication technologies significantly accelerates export-import transactions, allows to significantly expand the circle of participants in the cross-border turnover of goods and services, and involve new resources in it. The goal is to analyze the impact of the digitalization process on international trade relations, their dynamics, new forms and contradictions. General scientific methods are used, such as logical analysis and comparison, as well as methods of generalization and processing of information using economic and statistical methods of analysis. The following results were obtained: using the potential of modern information and communication technologies has given rise to new megatrends in international trade relations. E-commerce is not just growing in absolute and relative terms, but is forming new trends in cross-border trade relations, primarily due to the comparative advantages generated by digitalization. Platform solutions have acquired particular importance. At the same time, in addition to the undoubted positive effects, the growth in the scale and importance of e-commerce creates a number of problems, in particular, additional prerequisites for the monopolization of trade between countries are being formed. Fundamental issues of regulation of this new sphere of international interaction require resolution. Conclusions: All countries are now involved in one way or another in the processes taking place in the global digital space, including in the international e-commerce segment. They are to develop advanced national information and computer technologies with critically thoughtful consideration of foreign experience, create their own electronic trading platforms and extensive digital infrastructure, and improve the legislative framework. This creates a solid potential for resolving bottlenecks in world trade and the global economy as a whole, for resolving accumulated contradictions and mutual claims.