Sales of Counterfeit Electrical Products in Saudi Arabia

An estimated $1.5 Billion (6 Billion Saudi Riyal) in counterfeit electronics are sold in Saudi Arabia each year, according to the Jeddah Chamber of Commerce and Industry.

A seller of a counterfeit good in the Kingdom reportedly makes a profit of 200 percent due to its illegal orgins, while the seller of the legitimate item generates a profit of 15 percent.

Source:  “SR 6 bn fake goods are sold annually,” Arab Times, March 29, 2013.