How to Understand the Impact of Illicit Trade on Business around the World

The global value of illicit trade and transnational activities is estimated between 8% and 15% of global GPD, potentially reaching as high as US$12 trillion in 2014. Despite the efforts of global organizations, governments and companies in controlling illicit trade, the phenomenon continues to be a latent threat for the global economy, costing brand owners and legitimate manufacturers millions of dollars in lost revenues.