DataTraceID is surveying industry opinion for the annual 2018 Counterfeit Counsel Report.
According to some estimates, over $1.5 trillion of counterfeit goods were traded in 2017.1 There are some outstanding figures around global counterfeiting, to name but a few:
- There has been a nine-fold increase in counterfeit medicines globally in the last four years.2
- There are more than 340 million fake online pharmacy web addresses touting for consumer business.3
- INTERPOL’s latest Opsen V global operation across 57 countries reported the seizure of 11,131.18 tonnes, 1,449,056.40 litres and 5,549,328 units of either counterfeit or substandard food and beverages.4
- Counterfeit car parts cost the global automotive industry around $45 billion each year.5
- China is home to a $285 billion counterfeiting industry, representing 12.5% of the country’s total exports.6
Do these figures ring true for your own experience?
Have your say in the annual Counterfeit Counsel Report, and receive your complimentary copy.
- Alexandra Ossola, “The fake drug industry is exploding and we can’t do anything about it,” Newsweek, September 25, 2015 newsweek.com and “Therapeutic Categories,” www.psi-inc.org
- Kirill Levchenk, et al., “Click Trajectories: End-to-End Analysis of the Spam Value Chain,” Proceedings of the 2011 IEEE Symposium on Security and Privacy, 431-446, cseweb.ucsd.edu