China tops the list of countries exporting fake and counterfeit goods across the world, according to a joint study conducted by the Organization for Economic Cooperation and Development and the European Union's Intellectual Property Office (EU IPO).

China accounted for a whopping 63.2 percent share in the estimated half-a-trillion dollar counterfeit and fake goods exported globally, the study said.

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Turkey is second in the list with 3.3 percent share, while Singapore and Thailand are in third and fourth with 1.9 percent and 1.6 percent shares, respectively. China's neighbor India is fifth in the list.

The study is based on the analysis of nearly half a million custom goods seized from across the world from 2011 to 2013. Its value amounted to $461 billion. 

The OECD said that US, Italian, and French brands are the most hit by counterfeit goods. The study also revealed that even Chinese companies were not immune from the effects of fake and pirated products.

"While China is the top provenance of fake goods, its most innovative companies also fall victim to counterfeiters," the study said.       

Footwear, chemicals, perfumes, handbags and machine parts were found to be immensely popular with manufacturers of fake items.

"The traffic goes through complex routes via major trade hubs like Hong Kong and Singapore and free trade zones such as those in the United Arab Emirates. Other transit points include countries with weak governance and widespread organised crime such as Afghanistan and Syria," the study explained. 

Tagschina, counterfeit goods, chinese goods, Counterfeiters in China, fake China, Made in China, items made in China