The e-commerce retail market is set for massive growth: Statista reports that e-commerce retail purchases will rise to 22 percent of worldwide retail purchases in 2023 – up from 18.1 percent in 2021. Cross-border e-commerce was on a climb before the events of 2020, but the pandemic spurred even more growth.

Brick-and-mortar shops had to close for a period, and online retail became the sole option for most shoppers, cementing it as a preferred shopping method for many consumers. Businesses of all sizes are looking to branch out into the cross-border e-commerce realm and are doing so at a crucial moment, but there are factors to consider depending on your business’s size.…