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Cracking the export code means overcoming the notion that businesses owned and managed by women cannot be global, because meeting the standards required for cross-border trade is too challenging and expensive.According to the World Economic Forum, closing the overall gender gap across 106 countries will take 108 years if we continue at the current pace of change; in Sub-Saharan Africa, where the problem is most acute, it will take at least 135 years.True, Bloomberg's 2019 Gender-Equality Index of companies in 36 countries suggests that businesses are doing more to ensure that women make it to the C-suite and boardroom.At the International Trade Center, we are working to enable women to crack the export code and join men as equal players on the global economic playing field. Our research from 25 countries finds that only one in five exporting companies are owned by women, owing to significant gender-based discrimination.With the ITC's SheTrades Initiative, we hope to connect 3 million women entrepreneurs to global markets. Millions of other women entrepreneurs still need to crack the export code.
A virtuous cycle for conserving nature, reducing poverty
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