According to an analysis based on data from the Korea Customs Service, the total amount of counterfeit products (aka counterfeit goods) detected in 2022 alone amounts to KRW 563.9 billion. This is a 141.1% increase compared to 2021.
Scene of customs detection of counterfeit goods ⓒ SBS
Among these, the one with the most counterfeit products discovered was none other than Rolex. Rolex says that over the past five years, a whopping 306.5 billion won worth of counterfeit products have been detected by the Korea Customs Service. This is enough to make you worry about how many counterfeit Rolexes there are on the market. Those who want to buy a Rolex watch should be careful about counterfeit products.
* Are you curious about determining the regular price of Daytona products?
Part 1 Genuine VS Counterfeit What is the difference?
Part 2 I can appraise a Rolex too!
Sophie
VIVER Content Team