Published on April 18, 2016
Counterfeit and pirated products come from many economies, with China appearing as the single largest producing market. These illegal products are frequently found in a range of industries, from luxury items (e.g. fashion apparel or deluxe watches), via intermediary products (such as machines, spare parts or chemicals) to consumer goods that have an impact on personal health and safety (such as pharmaceuticals, food and drink, medical equipment, or toys). This report assess the quantitative value, scope and trends of this illegal trade.
Piotr Stryszowski, Senior Economist at the OECD and specialist in Counterfeit Trade, talks about the impacts of counterfeit trade on the global economy and the steps being taken to crack down on a USD 450 billion industry (Duration: 16 minutes).
webstream of the publication launch
at a glance
FAKE GOODS ARE 2.5% OF GLOBAL IMPORTS
WHAT ARE THE HEALTH/ SAFETY IMPILCATIONS?
Press release - 18 April 2016 - Global trade in fake goods worth nearly half a trillion dollars a year - OECD & EUIPO