The $300 Billion illegal sand trade

The drugs trade is the most notorious illegal trade on the planet, so it is easy to assume that it is also the largest. It is not. At roughly US$600 billion a year, it sits well behind counterfeiting, which is worth around US$1.1 trillion. Third, perhaps surprisingly, is the illegal sand trade, estimated to be worth between US$200 billion and US$350 billion a year.1 Behind … Continue reading The $300 Billion illegal sand trade