The Middle East and North Africa (Mena) e-commerce sector is expected to reach $57 billion in 2026, growing at a compound annual growth rate of 11%, says Flexstock, the Middle East's leading e-commerce enabler. .
Mena has experienced significant growth since the introduction of cross-border trade to the region.
Flextock plans to further elevate this sector by offering a cross-border transaction services portal, contributing to the region's e-commerce industry's projected gross merchandise value (GMV) of $140 billion by 2027. Although the company operates across multiple sectors, fashion and cosmetics retailers will be notable beneficiaries.
Flexstock has particularly focused on Saudi Arabia in recent years. The technology-focused company ventured into cross-border trading services to maximize the region's e-commerce potential. The economic size of the entire Mena region is expected to increase from an estimated 2% in 2023 to 2.9% in 2024 and 4.2% in 2025, with Flexstock's decision to launch a cross-border trading services portal , which strengthens the company's commitment to enabling companies to access international markets.
The cross-border trading services portal provided by Flextock includes all the necessary actions for companies to easily travel to and from Saudi Arabia, Egypt and the UAE. Key features include international shipping, customs clearance, customs and trade compliance, international payment solutions, and more, providing a seamless trading experience for sellers.
The company's expertise spans domestic operations from fulfillment functions to product delivery to end users, with local customer support ensuring a hassle-free experience and smooth and successful financial transactions for suppliers. promotes it. All these aspects are meticulously crafted to meet the specific requirements of a company's cross-border transactions through customized plans tailored to the goals and objectives of customers seeking to expand their operations. .
To date, Flextock has helped merchants expand their operations in the region and has proven its effectiveness within just three months of launching its new cross-border trading services portal. doing.
