Cigarette Smuggling Market Value: $50 Billion

Posted on May 10, 2008
Filed Under Contraband Index, consumer |

The Framework Convention on Tobacco Control estimates 600 billion cigarettes, or 11 percent of all cigarettes sold globally in 2006 were smuggled cigarettes. The loss in tax revenue worldwide was $50 billion.

Source:Jennifer M. Freedman, “Governments Trying to Battle Illegal Tobacco Trade,” Bloomberg News, February 11, 2008,(accessed: February 12, 2008).

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