On June 20, 2016, the U.S. Chamber of Commerce, Global Intellectual Property Center (GIPC) released a study titled, “Measuring the Magnitude of Global Counterfeiting: Creation of a Contemporary Global Measure of Physical Counterfeiting.”
Here is a sample of the study’s statistics:
- 86% of global physical trade-related counterfeiting is linked to China and Hong Kong (China 72 %; Hong Kong 14 %, respectively)
- 2008 Organization for Economic Co-operation and Development (OECD) study estimated global counterfeit goods accounted for 250 billion USD
- 2013 estimate is 461 billion USD
- 2.5 million estimated jobs lost globally
- 60 billion euros lost in estimated tax revenue among the G20 economies
- 2.5 % (only) of counterfeits (released into 38 sample economies) at a value of 5.2 billion were seized by customs
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