Losses to Counterfeits Across Industries in the United Arab Emirates

in Business Risk, Counterfeit Goods

According to a report by KPMG, the following are losses due to counterfeit goods in the United Arab Emirates.

  • Counterfeit Food and Beverage: $9.5 Million
  • Counterfeit Cigarettes: $15.49 Million
  • Counterfeit Household Products: $3.4 Million
  • Counterfeit Auto Parts: $476.8 Million
  • Counterfeit Pharmaceutical Drugs: $1.3 Million
  • Counterfeit Cosmetics: $37.7 Million

Total losses to counterfeit goods based on these products: $544.1 Million.

Source: KPMG, “Economic Impact Study : Analyzing Counterfeit Products in the United Arab Emirates,” January 2008, page 10.

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