Foreign Spending in Korea Hits Record High of 1.3 Trillion Won

[Economy 365]

Spending by foreign tourists in Korea has reached an all-time high.

Driven by the return performances and world tour of BTS, spending related to the Korean Wave (Hallyu) by foreign visitors in April was recorded at 1.3287 trillion won.

This figure represents a 21.7% increase from the previous month and a 54.6% jump from a year ago. It has surpassed the 1 trillion won mark for two consecutive months, setting a new record.

By sector, shopping accounted for the largest share at 38.4%, followed by spending on beauty, fashion, and food.

Among tourist activities, attending performances was the most frequently mentioned, with over 40,000 related mentions.

Fan activities, dance lessons, and visits to entertainment agencies were also found to be popular.

*This article was produced using AI audio.
※ Please note: This article was translated by AI and may contain errors.