Over 1.5 million buyers and suppliers in 190 countries use the Tradeshift trade technology platform to exchange digitized purchasing and invoicing information. More than $500 billion in transactions cross the platform every year. For some time, Tradeshift has actively monitored the ebb and flow of this activity on our network.
The data provides us with a unique awareness of trading activity between businesses, and a way to gauge the health of global trade. We’ve decided it’s time to make this information public in a new quarterly report. Each quarter, the index will provide an analysis of business-to-business transaction volumes (orders processed from buyers and invoices processed from suppliers) across the Tradeshift network. We believe that trade has the power to connect the world. This is our chance to see how that's going.
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