Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Counterfeit goods' global trade totals $509 billion

March 21, 2019 Reprints

France-based Organization for Economic Co-operation and Development said that counterfeit and pirated goods accounted for more than 3% – or $509 billion worth – of global trade volume in 2016, Supply Chain Dive reported. OECD said that counterfeit products hit the footwear, clothing and leather goods industries the most with the fake goods mainly originating in China or Hong Kong.

Help

Counterfeit goods' global trade totals $509 billion

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources