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:
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—Barbara Ehrenreich (b. 1941)
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—William Cobbett (1762–1835)