The European Union Intellectual Property Office (EUIPO) and the Organisation for Economic Co-operation and Development (OECD) have published a new report on "Trade in counterfeit goods and free trade zones".

This research complements a 2016 study from EUIPO and the OECD which estimated the value of counterfeit products to be 2.5% of world trade – up to EUR 338 billion. 

There are over 3,500 free trade zones in the world. Free trade zones are special economic areas which are often, but not always, set up around ports. Taken together, free trade zones employ 66 million people and generate over EUR 365 billion (USD 500 billion) in direct trade-related added value.

An extra free trade zone within an economy increases the value of counterfeit goods exported from that country by 5.9%.

The full study in English and the Executive Summaries in the 23 language versions can be found here on EUIPO's Observatory on Infringements of Intellectual Property Rights webpage.