Over 90% of counterfeit products in Korea last year came from China, customs data reveals

Over 90% Of Counterfeit Products In Korea Last Year Came From China, Customs Data Reveals

Officials from Busan Regional Customs inspect confiscated counterfeit goods from China in Busan, Jan. 9. The authority indicted an e-commerce trader who imported from China about 10,000 fake goods altogether worth 20 billion won and sold them online in Korea. Yonhap

Officers from Busan Regional Customs examine confiscated counterfeit items from China in Busan, Jan. 9. The authority indicted an e-commerce dealer who imported from China about 10,000 faux items altogether value 20 billion received and bought them on-line in Korea. Yonhap

Faux Chanel merchandise commonest amongst imported counterfeits
By Ko Dong-hwan

Chinese language items accounted for greater than 90 % of the counterfeit merchandise imported into Korea final 12 months, in accordance with Korea Customs Service information launched Thursday.

The border inspection company supplied the knowledge on the request of Rep. Park Sung-hoon of the ruling Individuals Energy Occasion.

The authority reported confiscating 79 counterfeit imports over the 12 months for infringing on mental property rights, with a mixed worth exceeding 170 billion received ($117 million). Chinese language items accounted for 61 instances, valued at 153.9 billion received, representing 90.3 % of the whole.

Hong Kong adopted with 5 counterfeit objects value 6.7 billion received, whereas Thailand ranked third with three instances valued at 5.4 billion received.

The posh French trend model Chanel accounted for the best variety of imported counterfeits, with faux items bearing the Chanel model valued at 54 billion received, making up 32 % of the whole. The UK’s luxurious model Burberry adopted, with counterfeits value 11.7 billion received, whereas one other French luxurious model, Louis Vuitton, ranked third, with counterfeits valued at 10 billion received.

Purses represented the best worth among the many counterfeits, totaling over 80 billion received. Clothes and materials adopted, valued at 52 billion received, whereas watches had been subsequent, accounting for over 20 billion received.

The counterfeits had been bought in Korea for 30 to 50 % of the worth of the unique merchandise.

Korean on-line procuring malls that instantly promote international items are a serious channel for the sale of counterfeit objects. In November, the Korean Mental Property Workplace (KIPO) sampled 16 pairs of slippers and sandals from luxurious manufacturers, accessible for international direct buy on e-commerce platforms. All of them had been confirmed to be counterfeit. The willpower was made based mostly on discrepancies within the logos of the counterfeits in comparison with the originals.

“Items priced 40 % of the unique or cheaper ones are extremely possible that they’re faux,” a KIPO official mentioned. “Faux items have totally different qualities in materials, type and stitching sample. However until evaluating it with its unique, catching faux ones is kind of troublesome.”

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