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find statistics on counterfeit products in the world


According to the Organisation for Economic Co-operation and Development (OECD), counterfeit products account for up to 2.5% of world trade, with a value of nearly half a trillion dollars. Some other statistics on counterfeit products include: 1. The Global Brand Counterfeiting Report 2018 estimated that the total value of global counterfeiting amounted to $1.2 trillion in 2017. 2. The International Chamber of Commerce (ICC) estimates that counterfeit goods cost the global economy up to $600 billion annually. 3. The Organisation for Economic Co-operation and Development (OECD) found that the most commonly counterfeited products include footwear, clothing, handbags, wallets, watches, and jewellery. 4. According to the ICC, counterfeiting also has a significant impact on job loss, with 2.5 million jobs lost each year due to counterfeiting. 5. The United States Patent and Trademark Office (USPTO) estimates that counterfeiting cost the U.S. economy $29 billion in 2019. 6. A study by the European Union Intellectual Property Office (EUIPO) found that 6.8% of sales in the European Union in 2019 were from companies that reported having their intellectual property rights infringed. 7. The World Health Organization (WHO) estimates that up to 10% of medicines sold worldwide may be counterfeit, putting patient health at risk. 8. The number of customs seizures of counterfeit goods has been steadily increasing. In 2019, there were 36,783 seizures, with a total value of nearly $2.2 billion, according to the European Commission. 9. The top countries of origin for counterfeit goods include China, Hong Kong, Turkey, India, and Singapore, according to the USPTO. 10. The industries most impacted by counterfeiting include luxury goods, pharmaceuticals, electronics, and consumer goods.