Saturday
Jun302007
Cocaine Prices Around the World
Saturday, June 30, 2007 at 5:25AM No less a source than the esteemed Economist provides a handy guide to what you should expect to pay for a gram of cocaine around the world:
THE street price of cocaine varies hugely across the world. No surprise that it is cheapest in Colombia, the world's biggest producer of coca: at $2, a gram costs less than a Big Mac. Geography is an obvious price factor. The farther away a country from the main producers in South and Central America, and the more isolated it is, the higher the cost to traffick there. In far-flung New Zealand, a gram costs a wallet-busting $714.30. But there are some pricing anomalies. Although the street price in Japan is several times higher than in Israel, Germany and Britain, the wholesale price in the countries is similar, around $46.40. In Canada the wholesale price is 50% more than in America, but Canadians pay 40% less on the street. It could be that policing is more zealous in some countries, or that there is less competition among suppliers:

Reader Comments (1)
The post really nice , i like it ,thanks for sharing,thanks for your post, i will keep read your blog everyday