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:
“It ought to be illegal for an artist to marry.... If the artist must marry let him find someone more interested in art, or his art, or the artist part of him, than in him. After which let them take tea together three times a week.”
—Ezra Pound (1885–1972)
“Upon entering my vein, the drug would start a warm edge that would surge along until the brain consumed it in a gentle explosion. It began in the back of the neck and rose rapidly until I felt such pleasure that the world sympathizing took on a soft, lofty appeal.”
—Gus Van Sant, U.S. screenwriter and director, and Dan Yost. Bob Hughes (Matt Dillon)
“Experience has shown that the trade of the East is the key to national wealth and influence.”
—Chester A. Arthur (1829–1886)