Trade can affect men and women differently, which means that the impacts of trade policies on women, as entrepreneurs, workers, and consumers, need to be better understood. For example, trade lowers prices, which benefits low-income households where women are overrepresented. Trade facilitation also plays a key role in supporting women-owned businesses, which tend to be smaller and less financed compared to those owned by men.
Assessing the impact of market opening under trade agreements requires understanding the sectors where women work and run businesses. In response, the OECD has developed a new framework to help countries analyse the gender-specific impacts of trade policy and guide efforts to support women’s participation in trade and trade policy-making.