Brazil lost R $ 146,3 billion in 2017 to piracy. The value is estimated by the National Forum Against Piracy and Illegality (FNCP), which coordinates together with ETCO the Movement in Defense of the Brazilian Legal Market.
The value is the estimate of the losses of companies and the government with tax evasion of pirated and smuggled products.
In 2017, companies stopped billing R $ 100,2 billion. The most affected sector was clothing (R $ 35,6 billion), followed by cigarettes (R $ 12,3 billion), glasses (R $ 7,7 billion) and pay TV (R $ 4,8 billion) bi). The amount represents the lost market for pirated products. These illegal products fail to pay an average tax rate of 46%.