An update to a previous study conducted in 2010, this report presents an overview of the SME sector across the APEC region – a profile of SMEs and their contribution to the economy. The report also discusses the market access and internationalization of SMEs. It looks at policies that aim to raise the level of engagement of SMEs in cross-border activities, particularly through increasing exports, as well as some of the current initiatives in place among APEC economies to improve the internationalization of SMEs. The report ends with recommendations to increase the internationalization of SMEs in APEC economies.