Counterfeit Pharmaceutical Drugs are estimated to be valued at $200B per year, significantly eclipsing previous estimates and valued at over $12B more than the second most prevelant black market activity, prostitution.
Havocscope is an independent data and information provider of black market activities around the world.
Havocscope is an independent data and information provider of black market activities around the world.
The rankings by Havocscope are based on monitoring information from public sources including newspaper articles, academic journals, governmental data, non-governmental reports and press releases from relevant institutions.
Havocscope is the global leader in providing information on illicit activities worldwide and has been published and cited in a variety of well known mainstream publications globally.
The $200B annual black market value notably outpaces the previously accepted World Health Organizations 2010 estimate value of counterfeit drugs at $75B and easily outpaces by any single illicit drug black market activity like marijuana, cocaine or heroin.
Hopefully government officials, law enforcement, industry experts, health care professionals and most importantly consumers take note of this suprising statistic and activity.
Havocscope is the global leader in providing information on illicit activities worldwide and has been published and cited in a variety of well known mainstream publications globally.
The $200B annual black market value notably outpaces the previously accepted World Health Organizations 2010 estimate value of counterfeit drugs at $75B and easily outpaces by any single illicit drug black market activity like marijuana, cocaine or heroin.
Hopefully government officials, law enforcement, industry experts, health care professionals and most importantly consumers take note of this suprising statistic and activity.
The deadly crime of pharmaceutical fraud, adulteration and counterfeiting should be taken seriously by populations everywhere because the victims of this black market activity are unaware of the criminal act.
Certainly this data reflects a radical difference in public perceptions regarding counterfeiting and black market activity in general.
Havoscope ranks the United States as the number one market in the world for counterfeit good sales, followed by China, Spain, Mexico, Italy, Japan, Canada, United Kingdom, Russia and Germany.
The following is Havocscope’s Top 54 Black Market Activities and their annual value:
1. Counterfeit Pharmaceutical Drugs $200 Billion
2. Prostitution $187.67 Billion
3. Marijuana $141.80 Billion
4. Counterfeit Electronics $100 Billion
5. Cocaine $88 Billion
6. Opium and Heroin $65 Billion
7. Prescription Drugs $64.82 Billion
8. Web Video Piracy $60 Billion
9. Software Piracy $51.4 Billion
10. Cigarette Smuggling $50 Billion
11. Human Trafficking $32 Billion
12. Amphetamines $28.25 Billion
13. Illegal Fishing $23 Billion
14. Human Smuggling $20 Billion
15. Wildlife and Animal Smuggling $20 Billion
16. Movie Piracy $20 Billion
17. Ecstasy $16.07 Billion
18. Counterfeit Auto Parts $16 Billion
19. Illegal Logging $15 Billion
20. Gas and Oil Smuggling $12.75 Billion
21. Music Piracy $12.5 Billion
22. Counterfeit Clothing $12 Billion
23. Counterfeit Shoes $12 Billion
24. Trash Smuggling $11 Billion
25. Art and Antique Smuggling $10 Billion
26. Cable Piracy $8.5 Billion
27. Counterfeit Medical Devices $7 Billion
28. Counterfeit Sports Goods and Memorabilia $6.5 Billion
29. Counterfeit Cigarettes $4 Billion
30. Video Game Piracy $3.5 Billion
31. Mobile Entertainment Piracy $3.4 Billion
32. Alcohol Smuggling $3.2 Billion
33. Counterfeit Cosmetics 3.0 Billion
34. Counterfeit Money Orders and Checks $2.5 Billion
35. Counterfeit Toys $2.23 Billion
36. Counterfeit Airline Parts $2 Billion
37. Counterfeit Small Arms $1.8 Billion
38. International Adoptions $1.3 Billion
39. Counterfeit Alcohol $1 Billion
40. Counterfeit Watches $1 Billion
41. Counterfeit Credit and Debit Cards $0.82 Billion ($825.05 Million)
42. Counterfeit Pesticides $0.735 Billion ($735 Million)
43. Book Piracy $0.6 Billion ($600 Million)
44. Kidnap and Ransom $0.5 Billion ($500 Million)
45. Diamond Smuggling $0.28 Billion ($280 Million)
46. Arms Trafficking $0.245 Billion ($245 Million)
47. Counterfeit Currency $0.182 Billion ($182 Million)
48. Nuclear Smuggling $0.1 Billion ($100 Million)
49. Counterfeit Cuban Cigars $0.1 Billion ($100 Million)
50. Organ Trafficking $0.075 Billion ($75 Million)
51. Counterfeit Purses $0.07 Billion ($70 Million)
52. Counterfeit Lighters $0.042 Billion ($42 Million)
53. Counterfeit Batteries$ 0.023 Billion ($23 Million)
54. Body Parts and Human Tissue $0.006 Billion ($6 Million)
To read the Havocscope online post, visit: http://www.havocscope.com/ranking/products.
Havoscope ranks the United States as the number one market in the world for counterfeit good sales, followed by China, Spain, Mexico, Italy, Japan, Canada, United Kingdom, Russia and Germany.
The following is Havocscope’s Top 54 Black Market Activities and their annual value:
1. Counterfeit Pharmaceutical Drugs $200 Billion
2. Prostitution $187.67 Billion
3. Marijuana $141.80 Billion
4. Counterfeit Electronics $100 Billion
5. Cocaine $88 Billion
6. Opium and Heroin $65 Billion
7. Prescription Drugs $64.82 Billion
8. Web Video Piracy $60 Billion
9. Software Piracy $51.4 Billion
10. Cigarette Smuggling $50 Billion
11. Human Trafficking $32 Billion
12. Amphetamines $28.25 Billion
13. Illegal Fishing $23 Billion
14. Human Smuggling $20 Billion
15. Wildlife and Animal Smuggling $20 Billion
16. Movie Piracy $20 Billion
17. Ecstasy $16.07 Billion
18. Counterfeit Auto Parts $16 Billion
19. Illegal Logging $15 Billion
20. Gas and Oil Smuggling $12.75 Billion
21. Music Piracy $12.5 Billion
22. Counterfeit Clothing $12 Billion
23. Counterfeit Shoes $12 Billion
24. Trash Smuggling $11 Billion
25. Art and Antique Smuggling $10 Billion
26. Cable Piracy $8.5 Billion
27. Counterfeit Medical Devices $7 Billion
28. Counterfeit Sports Goods and Memorabilia $6.5 Billion
29. Counterfeit Cigarettes $4 Billion
30. Video Game Piracy $3.5 Billion
31. Mobile Entertainment Piracy $3.4 Billion
32. Alcohol Smuggling $3.2 Billion
33. Counterfeit Cosmetics 3.0 Billion
34. Counterfeit Money Orders and Checks $2.5 Billion
35. Counterfeit Toys $2.23 Billion
36. Counterfeit Airline Parts $2 Billion
37. Counterfeit Small Arms $1.8 Billion
38. International Adoptions $1.3 Billion
39. Counterfeit Alcohol $1 Billion
40. Counterfeit Watches $1 Billion
41. Counterfeit Credit and Debit Cards $0.82 Billion ($825.05 Million)
42. Counterfeit Pesticides $0.735 Billion ($735 Million)
43. Book Piracy $0.6 Billion ($600 Million)
44. Kidnap and Ransom $0.5 Billion ($500 Million)
45. Diamond Smuggling $0.28 Billion ($280 Million)
46. Arms Trafficking $0.245 Billion ($245 Million)
47. Counterfeit Currency $0.182 Billion ($182 Million)
48. Nuclear Smuggling $0.1 Billion ($100 Million)
49. Counterfeit Cuban Cigars $0.1 Billion ($100 Million)
50. Organ Trafficking $0.075 Billion ($75 Million)
51. Counterfeit Purses $0.07 Billion ($70 Million)
52. Counterfeit Lighters $0.042 Billion ($42 Million)
53. Counterfeit Batteries$ 0.023 Billion ($23 Million)
54. Body Parts and Human Tissue $0.006 Billion ($6 Million)
To read the Havocscope online post, visit: http://www.havocscope.com/ranking/products.
To learn more about pharmaceutical anti-counterfeiting technologies: www.xstreamsystems.net.
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