United States Black Market: $290 Billion
China’s Counterfeit Goods Market Impact on the United States
The United States Government estimates that global companies lose more than $60 billion due to counterfeiting and piracy in China.
Source: Bloomberg, “ U.S., EU Pledge to Fight Counterfeit Goods From China, Russia,” Bloomberg.com, June 19, 2006, (accessed: June 20, 2006).
United States Global Drug Trade
According to congressional testimony by the Drug Enforcement Administration, consumers in the United States spend $65 billion per year on illegal drugs.
Source: Joseph T. Rannazzisi, “Breaking the Methamphetamine Supply Chain: Law Enforcement Challenges,” Congressional Testimony, Senate Committee on Finance, September 12, 2006, (accessed: February 21, 2007).
Counterfeit Goods Market in the United States
A report by the U.S. Chamber of Commerce stated that ” counterfeiting and piracy cost the U.S. economy between $200 billion and $250 billion per year and a total of 750,000 American jobs.”
Source: U.S. Chamber of Commerce, “The State of American Business 2007“, pg. 26, (accessed: January 8, 2007).
50 percent of pirated movied are recorded in New York
According to New York Attorney General Andrew Cuomo, 50 percent of illegally recorded movies are pirated in New York.
Source: Thomas S. Mulligan, “N.Y.’s Cuomo seeks crackdown on film piracy,” Los Angeles Times, May 6, 2008.
10,000 people in United States working under forced labor conditions
According to a study by Free the Slaves and the Human Rights Center at the University of California Berkeley, an estimated 10,000 people are estimated to be working in forced labor conditions in the United States as a result of Human Trafficking.
Source: Free the Slaves and the Human Rights Center at the University of California, [...]
18,000 to 20,000 human trafficking victims in the United States
United States Department of State, ” 2003 Trafficking in Persons Report,”.
3,700 counterfeit money orders casehd in FY 2004
According to a news release by the United States Postal Inspection Service, ” The U.S. Postal Service issued 188 million postal orders in the fiscal year ending September 2004, during which approximately 3,700 counterfeit postal money orders were cashed. That works out to about one counterfeit for every 53,000 issued, and losses were calculated at [...]
IP theft in the United States account for $2.3 billion in losses
Source: David Lague, ” U.S. Official Presses China to Punish Piracy,” New York Times, November 15, 2006.
14,000 counterfeit goods seized by US Customs in FY 2006
In Fiscal Year 2006, the United States Customs and Border Protection agency seized more than 14,000 counterfeit goods worth more than $155 million.
Source: Department of Homeland Security, “Counterfeit Goods Seizures Up 83% in FY 2006,” Press Release, January 1,, 2007.
