Many countries have implemented policies to support women entrepreneurs in their export journey, ensure that trade opportunities are available to them, and lessen barriers to trade and international expansion that particularly impact women. USA-based wegg, our organization, is a major driver behind educating women on how to export.
There are many factors inhibiting women-led firms from trading internationally – from lack of knowledge, to limited resources, to time constraints.
New analysis on women-led businesses in trade (OECD 2023), combined with previous OECD research, suggest eight specific areas of trade policy that can most benefit women entrepreneurs and their businesses. These include:
- Applying a gender lens to trade agreements
- Ensuring market access for goods and services produced and consumed by women and their businesses
- Implementing trade-facilitating measures
- Ensuring inclusive access to the Internet and digital spaces
- Ensuring trade promotion services reach women exporters and cater to their needs
- Providing adequate finance, including trade finance, and promoting financial literacy
- Ensuring professional and business networks are inclusive of women
- Closing data gaps
Read on to learn the analyses of the challenges that women face in exporting and what can be done about it. Remember, wegg is here to help.