Sales of Illegal Cigarettes in the Philippines in 2013

in Business Risk

A study by Oxford Economics and the International Tax and Investment Center found that the Philippines Government lost $357 Million (15.6 Billion Philippine Peso) in tax revenue due to the sale of illegal cigarettes.

17.1 Billion cigarettes that were sold on the black market were smoked in the Philippines in 2013, up from the 6.1 billion illegal cigarettes smoked in 2012. 1.8 billion counterfeit cigarettes were smoked in the Philippines in 2013 as well.

(All cigarette smuggling statistics.)

Source:  Jon Carlos Rodriquez, “Philippines lost nearly P16-B on illegal cigarette sales in 2013 – study,” ABS CBN News, June 5, 2014.

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