Fake goods trade reaches 467 billion dollars – Haris Edu

Fake goods trade reaches 467 billion dollars

 – Haris Edu

Fake goods represent an estimated $ 467 billion in global trade in 2021, which is another year with comprehensive data available, says a joint study conducted by the Organization for Economic Cooperation and Development (OECD) and the European Union Intellectual Property Office (EUIPO), which is the European Union agency based in Alycante, Spain.

The authors of “World Trade Maps in Fakes 2025: Trends Global Trends and EnForme Endust” note that clothes, shoes and leather goods remain on top of the list, representing 62 % of alleged fake goods. The report also emphasized the appearance of new and sometimes dangerous slides, such as car parts, medicines, cosmetics, games and food.

“The illegal trade threatens public safety, undermines intellectual property rights, hinders economic growth, and the risks may increase with the benefit of new technologies and technologies to avoid disclosure,” said the Secretary -General of Mieas Korman.

The most modern national data of the United States confirms the trend. According to customs and American border protection, the total number of goods seized on the American border increased due to violations of intellectual property rights more than twice from 2020 to 2024, and the total proposed retail price of the manufacturer of these goods increased by 415 %.

The OECD/Euipo report describes assembly, logistical services and increasingly advanced distribution. The fake adopts “localization” strategies to place the final gathering closer to the target markets, using international waterways such as the Danube. The authors added that the free trade areas “play a pivotal role in this direction.”

Products diversify along with a greater dependence on the e -commerce of the distribution. Designed to combat illegal trade in medicines, vaccines, medical devices and daily consumer products that pose health and safety, and the World Customs Organization process found the third stop, which was conducted last December by 111 customs administrations, according to Devils.

China leads production classifications, representing 45 % of all seizures reported in 2021. The main major players are from another place in Asia, the Middle East and Latin America.

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