At the Hinrich Foundation, we consider open digital trade to be a growth opportunity for countries as well as an enabler of major productivity improvements for sectors beyond the digital sector. However, we identified that policymakers, businesses and other stakeholders needed more information to have a robust discussion about ways to harness the benefits and manage potential risks related to digital trade.
The digital economy and the so-called Fourth Industrial Revolution hold enormous promise for countries’ future prosperity. As economies rely increasingly on digital goods and services, regulatory frameworks and trade policies must be updated to meet the needs of the digital economy.
Together with local business community groups, we commissioned AlphaBeta to size the value of the digital trade opportunity (both for exports and the domestic economy) and to assess risks for eight economies in the Asia-Pacific – Australia, China, India, Indonesia, Japan, Malaysia, Philippines and Vietnam.
Our objectives for this research project included:
- Sizing the value of the digital trade opportunity for exports and the domestic economy
- Measuring the opportunity cost of having a closed digital policy
- Identifying the risks of an open digital policy and ways to address them
- Recommending key policy actions for helping economies harness the benefits and manage potential risks
The Data Revolution: Capturing the Digital Trade Opportunity at Home and Abroad summarizes the findings of the eight Asia-Pacific country reports.
This report was prepared by the Hinrich Foundation with analytical support from AlphaBeta.
Explore findings for each economy
Read an in-depth analysis for each economy by clicking the country names below.
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Australia | ![]() |
Malaysia | |
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China | ![]() |
Philippines | |
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India | ![]() |
Vietnam | |
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Japan |
© The Hinrich Foundation. See our website Terms and conditions for our copyright and reprint policy. All statements of fact and the views, conclusions and recommendations expressed in this publication are the sole responsibility of the author(s).
Additional resources
In the news
Coverage of our Digital Trade Research Project findings
Benefits from digital trade may grow 14-fold to $512 billion by 2030

26 July 2019
Hinrich Foundation's India Digital Trade report evaluates the benefits of digital trade to the domestic economy of India.
Huge digital trade opportunity for India by 2030

26 July 2019
Hinrich Foundation's India digital trade report, launched event in New Delhi on July 25, 2019, was featured in the government-affiliated website.
Digital trade holds important promises for growth in Asia: Berenice Voets, Hinrich Foundation

25 July 2019
Hinrich Foundation Director of Public Affairs and Communication Berenice Voets gave insights on India's Digital Trade report.
Free flow of cross-border data can boost India’s digital export to $200 billion: Report

25 July 2019
Findings from the India Digital Trade report revealed in an event launch in New Delhi on July 25, 2019.
Digital trade set to grow 14 times by 2030: Study

26 July 2019
Coverage about findings from the India Digital Trade report and how restricting cross-border data flow will hurt digital trade.
Philippines tipped to reap benefits of digital trade

30 May 2019
Stephen Olson discusses the Philippine digital trade industry and how it should invest more in information and communications technology to fully tap into the potential of digital trade.
With opening up, data emerges as a challenge

26 March 2019
Coverage about Hinrich Foundation's China Digital Trade report, which launched in Beijing, China, on March 21, 2019.
Australia Boosts International Talks on Digital Trade

29 January 2019
Coverage about Hinrich Foundation's Australia Digital Trade report, titled “From Resource Boom to Digital Boom: Capturing Australia’s digital trade opportunity at home and abroad”.
Past events
Read about the launches of our country reports across the Asia-Pacific region

Hinrich Foundation participates in SME Digital Economy Summit in Singapore
16 October 2019
Hinrich Foundation was delighted to support the SME Digital Economy Summit at Grand Copthrone Waterfront on October 16, 2019, in Singapore.

Hinrich Foundation, AIMA launches India Digital Trade report in New Delhi
29 July 2019
The latest report is the seventh in the series of country reports on digital trade in Asia-Pacific.

Hinrich Foundation releases Philippines Digital Trade report
03 June 2019
On May 31, 2019, the Hinrich Foundation and AlphaBeta Advisors released the sixth in its series of country reports on digital trade at a launch event in Makati City, Philippines hosted by the Australian-New Zealand Chamber of Commerce.

Hinrich Foundation unveils Malaysia Digital Trade report in Kuala Lumpur
28 March 2019
Hinrich Foundation partnered with Malaysia Australia Business Council, Institute for Democracy and Economic Affairs (IDEAS) and AlphaBeta to launch a new report, titled “The Data Revolution: How Malaysia can capture the digital trade opportunity at home and abroad”, on March 20, 2019, in Kuala Lumpur, Malaysia.

Hinrich Foundation releases Vietnam Digital Trade report in Hanoi
28 March 2019
On March 26, 2019, Hinrich Foundation in partnership with Central Institute for Economic Management (CIEM) and AlphaBeta launched a report, titled “The Data Revolution: How Vietnam can capture the digital trade opportunity at home and abroad,” in Hanoi, Vietnam.

Hinrich Foundation Launches China Digital Trade Report in Beijing
25 March 2019
The Hinrich Foundation, in collaboration with Center for China and Globalization (CCG), launched a research report on digital trade in China, titled “The Digital Revolution: How China Can Capture the Digital Trade Opportunity at Home and Abroad”, on March 21, 2019, in Beijing, China.

Hinrich Foundation launches Indonesia Digital Trade Report in Jakarta
15 February 2019
The Hinrich Foundation with Alphabeta released a research report on Digital Trade in Indonesia, titled “The Digital Komodo Dragon: How Indonesia can capture the digital trade opportunity at home and abroad”, on February 12, 2019, at a launch event held in Jakarta, Indonesia.

Australia digital trade report launched in Sydney
18 October 2018
On October 10, 2018, the Export Council of Australia and the Hinrich Foundation released a new report entitled “From Resource Boom to Digital Boom: Capturing Australia’s digital trade opportunity at home and abroad” at a launch event in Sydney, Australia.
Digital reports by country

India’s digital trade sector to grow 14-fold to US$512 billion by 2030
25 July 2019

Digital trade holds US$5.5 trillion opportunity for China’s economy
21 March 2019

Vietnam’s digital trade deals to spur productivity-driven growth
25 March 2019

Digital trade to grow 5-fold to reach A$192 billion by 2030 in Australia
10 October 2018

Digital trade to grow 18-fold to reach US$172 billion in Indonesia by 2030
12 February 2019

Philippines to reap US$37 billion digital trade-enabled benefit by 2030
31 May 2019

Malaysia digital trade expected to grow nine-fold to US$51.6 billion
20 March 2019

Japan’s digital trade benefits to quadruple to US$506 billion by 2030
04 May 2020