Counterfeiting is costing Portugal over €420 million annually, according to data from the European Union Intellectual Property Office (EUIPO). The losses are concentrated within the fashion industry, specifically apparel, accounting for €337 million of the total. Additional losses of €83 million are attributed to counterfeit goods in the luggage, jewelry, and watch sectors. These figures highlight the significant economic impact of intellectual property crime within the country. The EUIPO data underscores the widespread nature of the problem and the financial strain placed on legitimate businesses. Authorities are likely to use this information to strengthen efforts to combat the production and sale of counterfeit items. The report emphasizes the need for continued vigilance and international cooperation to address this growing issue.