The digital economy and its impact on the international trade of Arab countries

Abstract

This research examined the digital economy and Arab nations' international commerce. The research examined the digital economy and its differences from the traditional economy. The report also described the digital economy's goals and components, which shape its structure. The research used a comparative descriptive, analytical, and inductive technique to examine the Arab States' digital economy and its economic impact on international commerce. The research found numerous important conclusions, including that the Arab States' digital economy had little impact on international commerce. Goods, telecommunications, and IT services contributed 3.8% compared to 12.5% of foreign commerce. The average income in developing nations rose from 3% in 2011 to 12.5% in 2019. The Arab States did not make similar growth. The findings also showed that the Arab nations' digital transformation faces several problems, the most notable of which are the absence of investment in quick communication digital infrastructure and the lack of laws and legislation for this new economy. All of it affects their economy and international commerce.