U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI) have reported that in 2014 there were 23,140 intellectual property rights seizures with an MSRP of $1.2 billion (the value of the goods had they been genuine). Of course, the number one counterfeit commodity seized was wearing apparel/accessories. From U.S. Customs and Border Protection:
Wearing apparel and accessories continue to be the number one commodity classification based on number of seizures with 7,922 seizures or 28 percent. Watches and jewelry are the largest commodity classification by value with an estimated MSRP of $375 million or 31 percent.
The People’s Republic of China remains the primary source economy for counterfeit and pirated goods seized with a total value of $772 million, representing 63 percent of all IPR seizures by MSRP. Hong Kong ranks second with $310 million or 25 percent. (http://www.cbp.gov/)
2014 was the third busiest year for the CBP, in terms of seizures, since 2005. However, seizures decreased slightly from the number recorded in 2013. So yes, China is still creating counterfeits for sale in the U.S.. Thoughts? Share them below.
there is a really good Doc on this done by guys at VICE, they go through the guts of the counterfeit market everything from Handbags to shoes to watches to Fake Vango paintings that people do in there back yard and they dot them in minutes. they cover the worker perspective and all – crazy to see how that machine works. peep this vid
The fake Van Gogh paintings were crazy. And I loved that Vice doc, I rewatched it after reading the CBP press release. People don’t realize how effective the counterfeit machine works; we see that with fake Nikes/Jordans
Fake egg’s – that’s saddening, the people trade to go along with watch parts for assembly in Mexico – scandalous bussiness, sad.