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 27th Jan 2021

UK factories concerned over shortage of materials, workers

Concerns of UK manufacturers regarding shortage of low-wage workers...

Pic: Shutterstock

Retail | On 27th Jan 2021

US holiday season hit by understaffing, high turnover

The versatility and resilience of retailers helped many stores...

Pic: Wikipedia/Sabyasachi

Fashion | On 27th Jan 2021

ABFRL acquires 51% stake in Sabyasachi brand

Aditya Birla Fashion and Retail Limited, India’s leading fashion...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Estimate loss of $8-$10 billion in turnover

Textile Industry, Head honchos

Textile Industry
Head honchos

Indian apparel industry looks poised for slow death

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Laksheeta Govil,

Laksheeta Govil

Founded in 2014, Fizzy Goblet is a Delhi / NCR based handcrafted leather...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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


January 2021

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


Advanced Search