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Brazil: Losses with illegal market increase 4.4% reaching US$59 billion in 2021

RIO DE JANEIRO, BRAZIL - The Brazilian economy lost R$300 billion (US$59 billion) in 2021 to the illegal market. The value is the sum of the losses recorded by 15 industrial sectors, which reach R$205.8 billion, and the estimated taxes that were not collected, of R$94.6 billion.

The data are from the National Forum Against Piracy and Illegality (FNCP) survey, released on March 14. According to Edson Vismona, president of the . . .

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