Racketeering by Organized Crime Groups in Peru

in Substance Abuse, Transnational Crime

Security officials estimate that racketeering by organized crime groups in Peru earn between $5 Billion to $7 Billion a year.

Cocaine production in Peru is estimated to be around 325 tons per year, which generates over $1 Billion a year. Cocaine from Peru accounts for 5 percent of the 300 tons of cocaine that is used in the United States each year.

(Cocaine prices from around the world.)

Source:  Robert Muggah and Jeremy McDermott, “A Massive Drug Trade, and No Violence,” Atlantic, April 24, 2013.

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