Close Menu
Daily Guardian EuropeDaily Guardian Europe
  • Home
  • Europe
  • World
  • Politics
  • Business
  • Lifestyle
  • Sports
  • Travel
  • Environment
  • Culture
  • Press Release
  • Trending
What's On

Trump’s G20 invite to Putin is an ‘opportunity,’ German foreign minister says – POLITICO

September 26, 2026

Video. Latest news bulletin | September 26th, 2026 – Midday

September 26, 2026

Iran says Strait of Hormuz could reopen within seven days if US accepts deal – POLITICO

September 26, 2026

What we know about CIA warning of Russian drone threat to southern Europe

September 26, 2026

At least six people killed in Russian strikes on Ukraine over last 24 hours

September 26, 2026
Facebook X (Twitter) Instagram
Web Stories
Facebook X (Twitter) Instagram
Daily Guardian Europe
Newsletter
  • Home
  • Europe
  • World
  • Politics
  • Business
  • Lifestyle
  • Sports
  • Travel
  • Environment
  • Culture
  • Press Release
  • Trending
Daily Guardian EuropeDaily Guardian Europe
Home»World
World

Fake goods, real danger: the €83 billion business behind Europe’s illicit trade

By staffSeptember 1, 20261 Min Read
Fake goods, real danger: the €83 billion business behind Europe’s illicit trade
Share
Facebook Twitter LinkedIn Pinterest Email

By&nbspEuronews

Published on 01/09/2026 – 15:00 GMT+2•Updated
17:13

Nearly 5% of goods entering the EU are fake, costing businesses an estimated €83 billion annually.

At the port of Alicante, OLAF and Spanish Customs officers sift through shipping containers, hunting for counterfeit products hidden in plain sight among legitimate trade. Experts describe illicit trade as a sophisticated global business model, no longer limited to luxury items but now spanning car parts, electronics, pharmaceuticals and food.

Counterfeit car components pose particular risks, as they bypass safety testing entirely. Officials stress that buying fakes helps finance serious crimes, including drug and human trafficking, urging shoppers to think twice before chasing a bargain.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Video. Latest news bulletin | September 26th, 2026 – Midday

At least six people killed in Russian strikes on Ukraine over last 24 hours

Video. Latest news bulletin | September 26th, 2026 – Morning

Israeli settlers seizing natural springs in the West Bank

Saudi coalition says it intercepted Houthi drones and missiles bound for Saudi Arabia

How Russia recruits Belarusians for war in Ukraine: Methods and consequences

Video. Latest news bulletin | September 25th, 2026 – Morning

Saudi Arabia reports fresh Houthi attacks as France offers military support to protect Yanbu

Video. Bikes removed, streets taped off as Paris welcomes Pope Leo XIV

Editors Picks

Video. Latest news bulletin | September 26th, 2026 – Midday

September 26, 2026

Iran says Strait of Hormuz could reopen within seven days if US accepts deal – POLITICO

September 26, 2026

What we know about CIA warning of Russian drone threat to southern Europe

September 26, 2026

At least six people killed in Russian strikes on Ukraine over last 24 hours

September 26, 2026

Subscribe to News

Get the latest Europe and world news and updates directly to your inbox.

Latest News

Lourdes: Everything you need to know about Pope Leo XIV’s visit

September 26, 2026

Video. Latest news bulletin | September 26th, 2026 – Morning

September 26, 2026

The secret behind the Sagrada Familia’s final towers: Stone, steel and 21st-century glue

September 26, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian Europe. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.