A study by the Terrorism, Transnational Crime and Corruption Center (TraCCC) at George Mason University has revealed significant discrepancies in timber trade values between Peru and its trading partners. This suggests significant issues with money laundering, tax evasion, and corruption. Firstly, the study shows that over-invoicing of timber exports to China and the Dominican Republic is constant. This practice demonstrates a high likelihood of money being laundered through illicit transfers to foreign countries. By inflating export values, exporters can move larger amounts of money than officially declared. In addition, under-invoicing of timber exports is a common practice for Peruvian timber traffickers. The undervaluing of timber exports to countries such as Mexico and the USA is a strategy used to lower reported profits and thus evade taxes. Exporters often mislabel products to benefit from less stringent controls, which may also involve bribery of customs officials to overlook such discrepancies.