Counterfeiting is a big business. How big is counterfeiting? In a 2013 study, it was estimated that international trade in counterfeit and pirated goods were worth US$ 461 billion. In 2014, US homeland security seized more than 23,000 counterfeit goods, and the World Customs Organization (WCO) recorded more than 8,500 seizures. Globally, the value was predicted to reach US$ 1.77 trillion in 2015. Counterfeit goods span across multiple industries, the infographic presents the scope of illicit trade.
