The illegal drug trade is a global black market, dedicated to cultivation, manufacturing, distribution, and sale of drugs, which are subject to drug prohibition laws. Most jurisdictions prohibit trade, except under license, of many types of drugs by drug prohibition laws.
A UN report said "the global drug trade generated an estimated US$321.6 billion in 2003." With a world GDP of US$36 trillion in the same year, the illegal drug trade may be estimated as slightly less than 1% (0.893%) of total global commerce. Consumption of illegal drugs is widespread globally.
Read more about Illegal Drug Trade: History, Legal Penalties, Effects of Illegal Drug Trade On Societies, Profits, Illegal Cocaine Trade Via West Africa, Trade of Specific Drugs
Famous quotes containing the words illegal, drug and/or trade:
“Consider the vice president, George Bush, a man so bedeviled by bladder problems that he managed, for the last eight years, to be in the men’s room whenever an important illegal decision was made.”
—Barbara Ehrenreich (b. 1941)
“Narcotics have been systematically scapegoated and demonized. The idea that anyone can use drugs and escape a horrible fate is an anathema to these idiots. I predict that in the near future, right wingers will use drug hysteria as a pretext to set up an international police apparatus.”
—Gus Van Sant, U.S. screenwriter and director, and Dan Yost. Father Tom Murphy (William S. Burroughs)
“My own experience has been that the tools I need for my trade are paper, tobacco, food, and a little whisky.”
—William Faulkner (1897–1962)