cargo theft statistics

Cargo theft refers to the illegal stealing of goods during transportation or storage. Although it represents a small percentage of overall trade value, it causes significant financial losses and supply chain disruptions. In recent years, thefts have increased in certain regions, especially at warehouses or during transit routes, often involving organized crime groups. Technologies like GPS tracking, security cameras, and improved logistics practices help reduce risks. Governments and companies are working together to enhance security measures and recover stolen goods more quickly. Overall, while cargo theft is a relatively minor part of global trade, its impact can be costly and disruptive.