afact
AFACT is a non-profit regional organization promoting trade facilitation, electronic business, and digital trade standards across 20 Asia-Pacific member economies, serving as the primary regional body for UN/CEFACT standards implementation.
- Company typePrivate
- Founded1999
- Headquarters—
- Headcount—
- GTM typeB2B
- OfferingServices
What afact does
AFACT (Asia Pacific Council for Trade Facilitation and Electronic Business) is a non-profit, non-governmental, voluntary, and independent regional organization that promotes trade facilitation, electronic business, and digital trade cooperation across the Asia-Pacific region. Founded in 1999 — succeeding the Asia EDIFACT Board (ASEB) established in 1990 — AFACT serves as the primary regional body for disseminating and implementing UN/CEFACT standards and recommendations. It coordinates 20 member economies across Asia-Pacific, including Afghanistan, Australia, Bangladesh, China, Chinese Taipei, Cambodia, India, Indonesia, Iran, Japan, Korea, Malaysia, Mongolia, Pakistan, Philippines, Saudi Arabia, Singapore, Sri Lanka, Thailand, and Vietnam, with a designated focal point organization in each country.
AFACT's core technology is centered on trade facilitation and electronic business standards rather than proprietary software. It promotes and implements UN/CEFACT standards, UN/EDIFACT (Electronic Data Interchange for Administration, Commerce, and Transport), and ebXML (electronic business XML) frameworks for cross-border data exchange and interoperability. Notable platform initiatives include the BOSS Ecosystem (a cloud supply chain data transparency and exchange service) and a certified electronic document paperless platform developed with KISA. The organization operates through three committees — Business Domain Committee (BDC), Technology & Methodology Committee (TMC), and Community Support Committee (CSC) — and runs working groups across domains including Travel, Tour & Leisure, Sustainable Development & Circular Economy, and ESG (covering Carbon Footprint Verification, Agriculture ESG, MaaS, and Digital Product Passport projects).
AFACT operates a non-commercial model with no public pricing or revenue. It is sustained through member-based contributions, host country underwriting of annual plenary meetings, and support from the Commerce Development Research Institute (CDRI), which serves as the Permanent Secretariat since 2022. Key activities include annual plenary and mid-term meetings, the eASIA Awards program (147 projects participated in 2023), the AFACT Yearbook and publications, and international forums on digital economic cooperation. AFACT holds formal partnerships with UN/CEFACT, UNESCAP (liaison member), Pan Asian Digital Trade Alliance (PAA), and ASOCIO, and is governed by a Steering Committee comprising the Chairperson, Vice-Chairpersons, Regional Rapporteurs, and Heads of Delegation from member economies.
afact firmographics
Firmographics- Name
- afact
- Legal name
- Asia Pacific Council for Trade Facilitation and Electronic Business
- Website
- https://afact.asia
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Short description
- AFACT is a non-profit regional organization promoting trade facilitation, electronic business, and digital trade standards across 20 Asia-Pacific member economies, serving as the primary regional body for UN/CEFACT standards implementation.
- Ownership category
- akta.pro rank
afact industry classification
Industry- Product category
- Trade Facilitation & Electronic Business Standards
- NAICS
- Business Associations (813910)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Trade Facilitation, Customs & Border Regulatory Cooperation (BPADANAG)
Keywords
afact business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Distribution channels3 records
Marketing channels5 records
afact product offering
Product offeringCore offering
AFACT is a non-profit regional organization that promotes the development and implementation of trade facilitation and electronic business policies across the Asia-Pacific region, primarily through dissemination of UN/CEFACT, UN/EDIFACT, and ebXML standards. It convenes 20 member economies through working committees (Business Domain Committee, Technology & Methodology Committee, Community Support Committee), annual plenary and mid-term meetings, the eASIA Awards program, and publications such as the AFACT Yearbook to harmonize cross-border trade procedures and data exchange.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 147 projects participated in eASIA Awards 2023, with 78 projects selected for outstanding performance in trade facilitation and digital transformation
- +1 more outcomes
Companies that use afact
Customer profileSegments3 records
Ideal customer profiles2 records
afact technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
afact partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- UN/CEFACT (United Nations Centre for Trade Facilitation and Electronic Business)coreUN/CEFACT is the primary international partner for AFACT. AFACT promotes UN/CEFACT standards and recommendations within the Asia-Pacific region. AFACT coordinates with UN/CEFACT to achieve its mission, and prominent AFACT leaders serve as registered experts of UN/CEFACT participating in its activities and initiatives.
- UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific)coreUNESCAP is a liaison member of AFACT and provides coordination on trade facilitation implementation and capacity building within the Asia-Pacific region. AFACT shares expertise and experience with UNESCAP regarding trade facilitation activities.
- Pan Asian Digital Trade Alliance (PAA)majorPAA is an associate member of AFACT, working collaboratively on digital trade initiatives and standardization efforts across the Asia-Pacific region.
- The Asian-Oceanic Computing Industry Organization (ASOCIO)ASOCIO is listed as a partner organization, contributing to trade facilitation and electronic business development across the Asia-Pacific region.
- Commerce Development Research Institute (CDRI)coreCDRI serves as the Permanent Secretariat of AFACT since November 2025. CDRI is a national-level think tank dedicated to advancing service innovation and supporting Taiwan's economic transformation. CDRI coordinates AFACT activities, manages communications, and supports member countries.
Scale indicators5 records
Recent moves5 records
Expansion highlights8 records
afact competitors and assessment
Company assessmentBroad incumbents
- International Trade Centre (ITC): ITC supports SME trade competitiveness globally and intersects with AFACT's digital transformation for SMEs agenda in the Asia-Pacific region.
- World Trade Organization (WTO): WTO drives multilateral trade facilitation agreements (e.g., TFA) and works on cross-border digital trade rules parallel to AFACT's regional scope.
- GS1: GS1 maintains global supply chain identification and data standards that complement AFACT's cross-border data exchange frameworks for trade facilitation.
- ICC Digital Standards Initiative (DSI): The International Chamber of Commerce's Digital Standards Initiative is a competing global effort to digitize trade rules, overlapping with AFACT's mandate in Asia-Pacific.
- UN/CEFACT: The United Nations Centre for Trade Facilitation and Electronic Business is AFACT's primary international partner and the global source of standards AFACT disseminates across Asia-Pacific.
- World Customs Organization (WCO): WCO sets global customs standards and data models that overlap with AFACT's cross-border data exchange frameworks for trade facilitation.
Direct peers
- Pan Asian Digital Trade Alliance (PAA): PAA is an AFACT associate member focused on digital trade initiatives and standardization across Asia-Pacific, sharing the same regional mandate.
- UNESCAP: UN Economic and Social Commission for Asia and the Pacific is a liaison member of AFACT and coordinates regional capacity building on trade facilitation and digital economy.
- ASOCIO: The Asian-Oceanic Computing Industry Organization is an AFACT partner addressing ICT and trade facilitation issues across the same Asia-Pacific membership.
Others
- UNCITRAL: The UN Commission on International Trade Law develops model laws for digital trade and electronic transferable records relevant to AFACT's cross-border electronic business work.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
afact financial estimates
Financial estimateRevenue estimate
Valuation estimate
afact leadership team
Management profileNumber of profiles
Profiles10 records
afact funding detail
Funding detailFunding overview
Funding rounds
Investors
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afact M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about afact
What does afact do?
AFACT is a non-profit regional organization that promotes the development and implementation of trade facilitation and electronic business policies across the Asia-Pacific region, primarily through dissemination of UN/CEFACT, UN/EDIFACT, and ebXML standards. It convenes 20 member economies through working committees (Business Domain Committee, Technology & Methodology Committee, Community Support Committee), annual plenary and mid-term meetings, the eASIA Awards program, and publications such as the AFACT Yearbook to harmonize cross-border trade procedures and data exchange.
Is afact a public or private company?
afact is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was afact founded?
afact was founded in 1999.
Who are afact's main competitors?
Broad incumbents on record are International Trade Centre (ITC), World Trade Organization (WTO), GS1, ICC Digital Standards Initiative (DSI), UN/CEFACT and World Customs Organization (WCO). Direct peers are Pan Asian Digital Trade Alliance (PAA), UNESCAP and ASOCIO. UNCITRAL is listed as an others.
Does afact have an API?
No public API is recorded for afact.
What industry is afact in?
afact's product category is Trade Facilitation & Electronic Business Standards. Its primary akta.pro industry code is BPADANAG, Trade Facilitation, Customs & Border Regulatory Cooperation. Its NAICS code is 813910 and its SIC code is 8600.