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Duty-free sales nearly double on-year on tourism boom

등록일: 
2016.12.07
조회수: 
149
출처: 
the korea herald

Sales of duty-free products nearly doubled last year’s levels due to the recovering tourism industry and continued high spending by Chinese tourists, data showed Monday.

According to data from Statistics Korea and the Korea Customs Service, duty-free sales this June were 94.1 percent higher than June last year.
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According to a report presented in July by Pan Jeong-hwa from the government-run think tank The Seoul Institute, 62.2 percent of tourists who came to Seoul to shop were from China. These tourists spent an average of 2.13 million ($1,920) won each, making them the main targets of the duty-free industry.