The Short Answer
- Shopping 46.4% + medical & wellness 24.4% = 70.8%. Seven out of every ten won spent by foreign tourists in Korea goes to one of these two categories. The rest: dining 13.1%, lodging 10.7%.
- "Chinese tourists go to Myeongdong" is true. "Japanese tourists go to Seongsu" is only half true. Seongsu-Seoul Forest actually draws the highest share of North American visitors. The neighborhood where Japanese card spending concentrates most intensely is Euljiro 6-ga — plus Busan and dermatology clinics.
- Sightseeing happens north of the river. Spending happens south of it. Not a single Gangnam neighborhood cracks the top 10 for visitor foot traffic — yet Gangnam-gu alone captures 29.3% of all foreign card spending in Seoul.
What Do Foreign Tourists Spend On in Korea?
Shopping and medical care. Everything else is a distant third.
The Seoul Metropolitan Government tracked ₩5.6172 trillion in foreign card spending during the first half of 2026. Break it down by sector and the picture is stark.
📊 Foreign Card Spending in Seoul by Sector, H1 2026 (Seoul Metropolitan Government)
| Sector | Share | H1 Spending Growth |
|---|---|---|
| Shopping | 46.4% | Large malls: ₩706.3B → ₩1,223.4B (+73.2%) |
| Medical & Wellness | 24.4% | Medical tourism: ₩556.3B → ₩908.4B (+63.3%) |
| Dining | 13.1% | Restaurants: ₩378.2B → ₩584.3B (+54.5%) |
| Lodging | 10.7% | — |
| Other | 5.4% | Beauty: ₩331.1B → ₩463.7B (+40.0%) |
Shopping and medical care add up to 70.8%. Seven out of every ten foreign-tourist transactions in Seoul involve buying products or getting a procedure done.
Korea Is the Outlier — the Country Where Medical Care Is #1
The Korea Culture & Tourism Institute’s KCTI Data Focus Issue No. 3, published in July 2026, ran a fascinating natural experiment. It used VISA card transaction data to compare how Japanese, Singaporean, Vietnamese, and Thai tourists spent money across six different destination countries. Same travelers, different countries — so the differences reveal each destination’s character, not the travelers’.
🌏 Same Asian Tourists, Top Spending Category by Destination (VISA Card Data, 2024–2025)
| Destination | #1 Category | Share | Medical Share |
|---|---|---|---|
| South Korea | Medical | 20.1% | 20.1% |
| Japan | Premium Shopping | 37.0% | 1.1–8.9% range |
| Hong Kong | Premium Shopping / Fashion & Accessories | 25.0% each | 1.1–8.9% range |
| United States | Restaurants | 25.4% | 1.1–8.9% range |
| Australia | Restaurants | 25.6% | 1.1–8.9% range |
| Singapore | Restaurants | 22.6% | 1.1–8.9% range |
South Korea was the only country among the six where medical care ranked first. The spending breakdown in Korea: medical 20.1% · premium shopping 18.3% · everyday shopping 13.0% · restaurants 12.2%.
The picture sharpens when you split by nationality. Japanese visitors spent 22.3% of their Korea budget on medical care. Thailand (18.2%) and Singapore (17.2%) followed. Vietnam was lower at 7.6% — but even that 7.6% was several times the medical share those same Vietnamese travelers spent in any other country (0.4–2.9%).
Caveat — China and Taiwan Are Missing from This Analysis
The KCTI study only captured VISA card transactions. Cash, other card issuers, and mobile payment platforms (Alipay, WeChat Pay, etc.) are excluded. More importantly, China, Taiwan, and other Chinese-speaking markets were excluded due to local data security policies. That means South Korea's #1 and #3 inbound markets are absent from this table. Read it as "a snapshot of how non-Chinese-speaking Asian tourists behave in Korea" — not the full picture.
Is It True That "Japanese Go to Seongsu, Chinese Go to Myeongdong"?
Half right, half wrong — and the answer depends on which data you’re looking at.
Chinese tourists in Myeongdong is solid. In H1 2025, Chinese visitors rang up ₩41.1 billion in card payments across Myeongdong 1-ga, Myeongdong 2-ga, and Chungmuro 1-ga — up 90.2% from ₩21.6 billion a year earlier. That’s a meaningful chunk of the broader Myeongdong commercial district’s ₩287.9 billion total (Myeongdong 1-ga + 2-ga combined).
Japanese tourists in Seongsu is murkier. Two data sources tell different stories.
🔍 Whose Neighborhood Is Seongsu? Different Answers from Different Data
| Data Type | Source | What It Says About Seongsu |
|---|---|---|
| Foot Traffic (2025) | Seoul AI Foundation · SK Telecom | Seongsu-Seoul Forest area: North American visitors show the highest relative share. Japanese and Chinese visitors skew toward Myeongdong, Namdaemun Market, Gwangjang Market |
| Card Spending (H1 2025) | NICE Gini Data · Hana Card | Seongsu card spending: ₩131.5B (+226.3%). Japanese inflow stands out. US visitors +167.3%, Chinese +101.1%, SE Asian ₩7.6B → ₩26.1B |
These two don’t contradict each other — they measure different things. Who visits most (foot traffic) and who spends most (card data) are different questions. Seongsu draws a high share of North American foot traffic, but Japanese tourists appear more likely to actually open their wallets inside the neighborhood’s curated shops.
A Spending Map by Nationality — Where Each Group Scatters
Layer multiple big-data sources together and distinct national profiles emerge.
🗺️ Spending and Visit Patterns by Nationality (2025–2026 Data)
| Nationality | In Seoul | Outside Seoul | Distinctive Spending |
|---|---|---|---|
| Chinese | Myeongdong, Namdaemun, Gwangjang Market, Cheongdam-dong luxury | Jeju (6 of top 20 most-visited spots are on Jeju) | Watches & jewelry: avg ₩12.15 million per transaction. Skews ultra-luxury |
| Japanese | Myeongdong, Gwangjang Market + Euljiro 6-ga, Sindang-dong | Busan | Dermatology & medical (#1 foreign patient nationality, 37.7%). Small-ticket, high-frequency |
| US & North America | Seoul Forest, Seongsu-dong | Ulsan, Pyeongtaek, Gwangyang (family visits, military postings, industrial bases) | Unfazed by ₩20–30K transactions at traditional markets |
| Taiwan | — | Busan (Taiwanese make up over half of foreign Lotte Dept. Store & Mart customers) | Snacks 81%, instant noodles 69%, dried seaweed 61% — groceries dominate |
| Europe | Bukchon Hanok Village | Gunsan, Changwon, Gadeokdo, Cheongju, Sinan — dispersed nationwide | History and nature-focused, destination-driven travel |
| Southeast Asia | Gyeongbokgung, Bukchon Hanok Village | — | Seongsu card spending surging: ₩7.6B → ₩26.1B |
The Taiwan-Busan axis in particular is an underappreciated storyline. According to the L.POINT consumer report published by Lotte Members in July 2026, Taiwanese customers accounted for more than half of foreign shoppers at Lotte Department Store and Lotte Mart in Busan. Their spending on snacks, instant noodles, and dried seaweed products was markedly higher than that of foreign tourists in Seoul.
What This Means for Travelers
- Myeongdong is still the most-visited spot, but foot traffic is declining (5.4M in H1 2024 → 4.55M in H1 2025). The crowds are dispersing to Euljiro, Chungmuro, and Pil-dong. If you're crowd-averse, stay one subway stop outside the Myeongdong radius.
- If you're buying the same products anyway, do it outside Seoul. Olive Young's foreign-tourist sales growth at non-capital-region stores (+72%) far outpaces the national average (+45%) — a sign there's still breathing room.
- The reason Gangnam's spending numbers are exploding is not sightseeing — it's procedures. If your trip is purely about tourism, Gangnam should be low on your list.
Tourists Go North, Spending Goes South — Why the Split?
Line up visitor foot traffic and card spending side by side and an odd mismatch jumps out.
📊 Top Districts: Foreign Tourist Visits vs. Card Spending, H1 2025
| Rank | Most Visited | Visitors | Highest Spending | Spending |
|---|---|---|---|---|
| 1 | Myeongdong | 4.55M | Jung-gu, Sogong-dong | ₩460.4B |
| 2 | Incheon, Unseo-dong (Airport) | 4.07M | Incheon, Unseo-dong (Airport) | ₩455.0B |
| 3 | Jongno 1·2·3·4-ga-dong | 3.83M | Gangnam-gu, Sinsa-dong | ₩313.1B |
| 4 | Seogyo-dong (Hongdae) | 3.39M | Gangnam-gu, Samseong-dong | ₩287.9B |
| 5 | Jung-gu, Sogong-dong | 3.24M | Gangnam-gu, Yeoksam-dong | ₩251.8B |
| 6 | Jung-gu, Hoehyeon-dong | 3.07M | Seocho-gu, Seocho-dong | ₩234.5B |
Not a single Gangnam neighborhood appears in the top 10 for visitor traffic. Yet four of the top 10 spending districts are in Gangnam. The Seoul Metropolitan Government’s H1 2026 data confirms the pattern: Gangnam-gu leads with 29.3% of all foreign card spending, followed by Jung-gu at 28.4% and Mapo-gu at 7.3%.
What drives the gap? Medical shopping. Medical service sales in Gangnam commercial districts jumped from ₩17.9 billion in H1 2024 to ₩27.8 billion in H1 2025. Seocho: ₩8.6B → ₩15.0B. Apgujeong-Cheongdam: ₩5.3B → ₩9.4B. In every case, medical services posted the highest growth rate among all sectors in the district.
Medical Spending by Nationality: Foreign Patient Stats (2024, Ministry of Health and Welfare)
- Nationality: Japan 37.7% · China 22.3% · USA 8.7% · Taiwan 7.1% · Thailand 3.3%
- Department: Dermatology 705,000 patients (56.6%) · Plastic Surgery 142,000 (11.4%)
In plain terms: the reality of "Korea medical tourism" is mostly Japanese visitors getting dermatology treatments. Cosmetic procedures, not critical care, dominate overwhelmingly.
What's Changing Fastest in 2026?
The Korea Tourism Organization’s Data Lab card-spending analysis for May 2026 captures the shifting landscape in a single month. Foreign card spending hit ₩2.1222 trillion — the first time the monthly figure has ever crossed the ₩2 trillion mark — up 67.1% year on year, the fastest growth rate since 2023.
📈 Sector Growth Rates, May 2026 (YoY, Korea Tourism Organization Data Lab)
| Sector | Growth Rate | What It Means |
|---|---|---|
| Pharmacies | +206.1% | Post-dermatology skincare: regenerative creams and ointments |
| Toys & Arcade Goods | +191.4% | Character IP pop-up store limited-edition merchandise |
| Skincare & Massage | +153.9% | Lifestyle beauty (non-medical) widening the base |
| Department Stores | +89.2% | Rising as an alternative to duty-free |
| Duty-Free | +87.6% | Recovering, but no longer the flagship channel |
| Dermatology | +85.5% | The core of medical tourism |
| Sports Equipment & Apparel | +84.5% | Gorpcore and custom-fit experiential consumption |
The most distinctively Korean finding here is pharmacies. The same pattern appeared in the premium pharmacy clusters around Seongsu 2-ga 1-dong and Seongsu 2-ga 3-dong and in Haeundae-gu’s U1-dong in Busan: get a dermatology procedure, then stop at a pharmacy to buy over-the-counter regenerative creams before heading home. Procedure and purchase have fused into a single consumption loop.
Is the Duty-Free Era Over? Where the Spending Moved
The old model — group tourists buying in bulk at duty-free shops — is clearly fading. Spending has flowed in two directions.
First, into everyday Korean retail spaces. CJ Olive Young reported that the number of foreign shoppers visiting during its annual sale period has grown 11-fold over three years. Foreign visitors who time their trips to coincide with Olive Young sales and return at least twice a year have doubled annually since 2023. At GS25 convenience stores, foreign card sales rose 60.2% in the first half of the year — top sellers included Banana Milk, Greek yogurt cups, Gamdongran (seasoned soft-boiled eggs), Chamkkae Ramyun (sesame instant noodles), Buldak Bokkeummyeon (spicy chicken noodles), and Honey Butter Almond snacks. These aren’t tourist souvenirs. They’re what Koreans buy in their daily lives.
Second, beyond Seoul. GS25 stores in coastal tourist destinations — Gangneung, Sokcho, Haeundae, Jeju, about 100 locations in total — saw foreign card sales jump 136.9% year on year. At ABC Mart, foreign-tourist sales grew 40% overall in H1 2026, but regional stores pulled the average up: Konkuk University area +50%, Daegu +58%, Ulsan +78%. ABC Mart’s foreign sales by nationality rank: China > Taiwan > Japan > Singapore > Philippines.
"Seongsu Is the Spark, Myeongdong Is the Sale"
The Lotte Members L.POINT Report published in July 2026 distilled this dynamic into a single framework. New brands are discovered first on social media and in Seongsu (the spark), then validated demand converts into purchases in Myeongdong and department stores (the sale). The data backs it up: 27% of the top 15 foreign-purchased brands at Lotte Department Store were domestic fashion labels that first built their following in Seongsu.
So How Many Myths Held Up?
Here’s the scorecard for the five assumptions we tested.
✅ Myth vs. Data
| Myth | Verdict | Evidence |
|---|---|---|
| Chinese tourists go to Myeongdong | ⭕ True | Myeongdong-area Chinese card spending ₩41.1B, YoY +90.2% |
| Japanese tourists go to Seongsu | 🔺 Half True | Seongsu’s highest visitor share is North American. Japanese card spending concentrates most in Euljiro 6-ga (₩16.4B) |
| Foreign tourists shop at duty-free stores | ❌ Outdated | Dept. stores +89.2%, pharmacies +206.1%. Spending has moved into everyday retail |
| Foreign spending is concentrated in Seoul | 🔺 Shifting | Olive Young non-capital-region stores +72% (national avg. +45%), GS25 coastal stores +136.9% |
| Korea tourism = sightseeing tourism | ❌ False | Korea is the only country among 6 where medical care is the top spending category (20.1%) |
Translate the numbers into the traveler’s eye and a portrait emerges. The average day for a foreign visitor in Korea right now looks something like this: walk around in the north, get a procedure in the south, then stock up at Olive Young and the convenience store. The image of tourists emerging from Myeongdong clutching duty-free shopping bags — that’s already a vintage photograph in the data.
Sources
- Korea Tourism Organization — Korea Tourism Data Lab — Foreign card-spending big data (publicly available), inbound travel statistics by country
- Herald Business — Foreign tourist card spending surges 67% in May (2026.06.17, KTO Data Lab analysis)
- Financial News — Shopping in Myeongdong, procedures in Gangnam: Foreign tourists spent ₩5T in Seoul (2026.07.29, Seoul Metropolitan Government announcement)
- Travel Times — Foreign tourists shop in Japan, get medical care in Korea (2026.07.17, KCTI Data Focus Issue No. 3)
- Digital Times — The completely reshuffled foreign-tourist hotspot map (2026.07.22, Seoul AI Foundation · SK Telecom foot traffic analysis)
- Maeil Business Economy — 2025 foreign-tourist commercial district map drawn from data (2025.07.30, NICE Gini Data · LG U+ · Hana Card · Global Tax Free)
- Herald Business — Seongsu is the spark, Myeongdong is the sale (2026.07.20, Lotte Members L.POINT Report)
- E-Today — Foreign tourist visits to Olive Young grow 11x in 3 years (2026.08.01, CJ Olive Young · GS25 · ABC Mart data)
※ Note: District-level spending and visit data is based on H1 2025 (Jan–Jun). Seoul city consumption statistics and sector growth rates are H1 2026 and May 2026. Card data coverage varies by issuer and payment method — growth rates and relative shares are more reliable metrics than absolute amounts.