Research on Cross-border E-commerce Trade Facilitation of BRICS
Author:Luoyuan Cui,Xiufeng Song, Yulan Zhang Author Unit: The University of Sydney, Sydney NSW 2006, Australia School of Economics of Liaoning University, Shenyang 110036, China School of Economics and Management, Minjiang University, Fuzhou 350108, Fujian, P. R. China
Abstract:Cross-border E-commerce of BRICS has developed rapidly in recent years, but its development level still have
a gap compared to the European Union, the United States and other developed countries. Trade facilitation can
greatly reduce transaction costs, promoting the development of cross-border E-commerce. This paper further
details the trade facilitation indicators concerning cross-border E-commerce, set cross-border E-commerce trade
facilitation indicators, and make quantitative analysis on the cross-border E-commerce trade facilitation of the
countries. The findings show that the overall trade facilitation in BRICS is at the middle and upper level and the
growth is fast. In terms of the utilization of cross-border E-commerce foreign exchange trading platform, Internet
retailing and government online services, BRICS rank top in the world and the value has increased greatly in
infrastructure and government online services. The ranking of cross-border E-commerce comprehensive trade
facilitation is Russia, Brazil, South Africa, China and India. Russia has high level of trade facilitation in terms
of infrastructure and Internet retailing; Brazil has an advantage in infrastructure, while others are at a middle
level; China does good in foreign exchange trading platform and government online services; South Africa and
India have high level of trade facilitation in foreign exchange trading platform and government online services
respectively, and are weak in other aspects.