Home / Knowledge / News / Apparel/Garments / Footwear, clothing among top fake goods seized: OECD-EU

Footwear, clothing among top fake goods seized: OECD-EU

26
Mar '19
Pic: OECD
Pic: OECD
Trade in counterfeit and pirated goods has risen steadily in the last few years and now is 3.3 per cent of global trade even as overall trade volumes stagnated, according to a new report. The fake goods making up the biggest share of 2016 seizures were footwear, clothing, leather goods, electrical equipment, watches, perfumes, jewellery and pharmaceuticals.

The majority of fake goods picked up in customs checks originate in mainland China and Hong Kong. Other major points of origin include the United Arab Emirates, Turkey, Singapore, Thailand and India, said the report by the Organisation for Economic Cooperation and Development (OECD) and the European Union’s Intellectual Property Office (EUIPO).

Titled ‘Trends in Trade in Counterfeit and Pirated Goods’, the report puts the value of imported fake goods worldwide based on 2016 customs seizure data at $509 billion, up from $461 billion in 2013 (2.5 per cent of world trade).

For the EU, counterfeit trade represented 6.8 per cent of imports from non-EU countries, up from 5 per cent in 2013. These figures do not include domestically produced and consumed fake goods, or pirated products being distributed via the Internet, according to an OECD press release.

The countries most affected by counterfeiting in 2016 were the United States, whose brands or patents were concerned by 24 per cent of the fake products seized, followed by France at 17 per cent, Italy (15 per cent), Switzerland (11 per cent) and Germany (9 per cent).

A growing number of businesses in Singapore, Hong Kong and emerging economies like Brazil and China are also becoming targets.

Small parcels sent by post or express courier are a prime and growing conduit for counterfeit goods. Small parcels accounted for 69 per cent of total customs seizures by volume over 2014-2016 (57 per cent via post and 12 per cent via courier), up from 63 per cent over the 2011-2013 period.

Past OECD-EUIPO analysis has shown that free trade zones –where economic activity is driven by reduced taxes, customs controls and lighter regulation–can unintentionally facilitate counterfeit trade. The OECD is working with its member countries on formal guidelines to help authorities stem the problem. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Sep 2020

Global economic forecast not as dark as earlier guess: IMF

Though the global economic outlook is not quite as dark as expected...

Pic: Edinburgh Woollen Mill

Fashion | On 26th Sep 2020

FRP appointed to value Peacocks, Edinburgh Woollen Mill

Edinburgh Woollen Mill Group CEO Philip Day has started the...

Pic: Shutterstock

Retail | On 26th Sep 2020

India plans retail trade policy, settling logistics policy

India plans to formulate a retail trade policy for which stakeholder...

Interviews View All

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Smarth Bansal, Colorjet India Limited

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Textile Industry, Head honchos

Textile Industry
Head honchos

There's a lot more potential in women than what we are witnessing today

Eric Schoeller,

Eric Schoeller

Groz-Beckert is the world's leading provider of industrial machine...

Henk-Jan Rohaan,

Henk-Jan Rohaan

The custom-built machineries of Brugman Holland are known for reliability, ...

Davide Maccabruni,

Davide Maccabruni

Schärer Schweiter Mettler (SSM) manufactures and supplies textile...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search