OECD and EU say illicit goods now make up 3.3 percent of global trade

April 01, 2019
STOP ILLEGAL

A new report by the OECD and European Union Intellectual property office (EUIPO) reveals that counterfeit goods made up as much as 3.3 percent of global trade, or over 500 billion U.S. dollars’ worth, in 2016. The last time the study was conducted, in 2013, that figure was just 2.5 percent. 

The survey also tells us that 6.8 percent of imports into the E.U. were pirated—again up from the 2013 numbers—and an ever-growing number of industries are affected. The biggest point of origin is China and Hong Kong. 

The study, which has been ongoing since 2008, uses data from nearly half a million customs seizures from agencies including the World Customs Organization, the E.U. and the U.S. Department of Homeland Security. Information to create the data is collected and processed by customs officers. 

Here’s a more visual version of the results, and here’s a more detailed overview, from EURACTIVE.

 

STOP ILLEGAL

Written by STOP: ILLEGAL

Share this link