Global Counterfeit Trade Hits $467B, Europol Shuts Down Five Labs

Europol's 2025 operation dismantled five clandestine labs and a dozen counterfeit medicine preparation sites, highlighting enforcement gaps. OECD/EUIPO estimate counterfeit and pirated goods generate $467 billion annually, 2.3% of global imports. The scale underscores persistent weaknesses in customs enforcement despite targeted crackdowns.