Canacintra: Counterfeit is Mexico’s second-most profitable industry behind drug trade

According to the head of the Cámara Nacional de la Industria de Transformación (Canacintra) business group, pirated and counterfeit goods represented a loss of more than US$12.4 billion in 2015, or around 1.25 percent of GDP. As reported in El Universal on 12 October 2016, Canacintra President Enrique Guillén further claimed the state lost nearly US$317 million in tax revenue in 2015 alone from pirated and counterfeit items. Aside from economic damage, Guillén also warned over the dangers from contraband like cigarettes, liquor, and medicine to the health of those who use them. Roberto Arochi, head of Concamin's Intellectual Property Commission, accused the Attorney General’s Office of taking limited actions against pirated and counterfeit goods (El Economista, 12 October 2016).