GFI’s ‘Trade-Related Illicit Financial Flows in Europe’ report finds trade misinvoicing drives major illicit flows – widening value gaps, draining billions, and eroding tax revenues and economic integrity

by | Apr 8, 2026

The report quantifies widespread discrepancies between reported imports and exports—“value gaps”—as a proxy for illicit flows, showing that these are concentrated in key economies and remain stable over time rather than declining. It also highlights the role of trade...

GFI’s 2025 report Shadow Figures: Transnational Crime, estimates US$16 trillion in annual illicit flows mainly from cybercrime, revealing data gaps, impacts on developing countries, and need for urgent global action

by | Oct 28, 2025

The report estimates that revenues from ten major transnational crimes including drug trafficking, counterfeiting, human trafficking, illegal logging and mining, illegal fishing, wildlife trafficking, small arms trafficking, oil theft, cultural‑property trafficking,...