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.
₩5.62 trillion
Foreign card spending in Seoul, H1 2026 (YoY +56.8%)
65.0%
Share of spending from just 3 districts — Gangnam, Jung, Mapo
2.7×
Spending growth (+56.8%) vs. visitor growth (+21.3%)
37.7%
Foreign patients who are Japanese — #1 nationality (2024)

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)

SectorShareH1 Spending Growth
Shopping46.4%Large malls: ₩706.3B → ₩1,223.4B (+73.2%)
Medical & Wellness24.4%Medical tourism: ₩556.3B → ₩908.4B (+63.3%)
Dining13.1%Restaurants: ₩378.2B → ₩584.3B (+54.5%)
Lodging10.7%
Other5.4%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.

Spending is growing faster than foot traffic. Seoul welcomed 8.23 million foreign visitors in H1 2026, up 21.3% year on year. Card spending, meanwhile, jumped 56.8% — a growth rate 2.7 times higher. The signal is clear: the old "check off the landmarks and leave" pattern is giving way to longer stays and deeper wallets.

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 CategoryShareMedical Share
South KoreaMedical20.1%20.1%
JapanPremium Shopping37.0%1.1–8.9% range
Hong KongPremium Shopping / Fashion & Accessories25.0% each1.1–8.9% range
United StatesRestaurants25.4%1.1–8.9% range
AustraliaRestaurants25.6%1.1–8.9% range
SingaporeRestaurants22.6%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 TypeSourceWhat It Says About Seongsu
Foot Traffic (2025)Seoul AI Foundation · SK TelecomSeongsu-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 CardSeongsu 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.

But here's the twist: the most dramatic concentration of Japanese spending was not in Seongsu. In H1 2025, foreign card spending in Euljiro 6-ga (bordering Sindang-dong) totaled ₩66.2 billion — and Japanese visitors accounted for ₩16.4 billion of it. That single nationality's spending in one small neighborhood exceeded one-eighth of Seongsu's entire foreign card total (₩131.5B). The Japanese preference for small, local-vibe shops shows up unmistakably in Hipdangdong and Hipjiro.

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)

NationalityIn SeoulOutside SeoulDistinctive Spending
ChineseMyeongdong, Namdaemun, Gwangjang Market, Cheongdam-dong luxuryJeju (6 of top 20 most-visited spots are on Jeju)Watches & jewelry: avg ₩12.15 million per transaction. Skews ultra-luxury
JapaneseMyeongdong, Gwangjang Market + Euljiro 6-ga, Sindang-dongBusanDermatology & medical (#1 foreign patient nationality, 37.7%). Small-ticket, high-frequency
US & North AmericaSeoul Forest, Seongsu-dongUlsan, Pyeongtaek, Gwangyang (family visits, military postings, industrial bases)Unfazed by ₩20–30K transactions at traditional markets
TaiwanBusan (Taiwanese make up over half of foreign Lotte Dept. Store & Mart customers)Snacks 81%, instant noodles 69%, dried seaweed 61% — groceries dominate
EuropeBukchon Hanok VillageGunsan, Changwon, Gadeokdo, Cheongju, Sinan — dispersed nationwideHistory and nature-focused, destination-driven travel
Southeast AsiaGyeongbokgung, Bukchon Hanok VillageSeongsu 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

RankMost VisitedVisitorsHighest SpendingSpending
1Myeongdong4.55MJung-gu, Sogong-dong₩460.4B
2Incheon, Unseo-dong (Airport)4.07MIncheon, Unseo-dong (Airport)₩455.0B
3Jongno 1·2·3·4-ga-dong3.83MGangnam-gu, Sinsa-dong₩313.1B
4Seogyo-dong (Hongdae)3.39MGangnam-gu, Samseong-dong₩287.9B
5Jung-gu, Sogong-dong3.24MGangnam-gu, Yeoksam-dong₩251.8B
6Jung-gu, Hoehyeon-dong3.07MSeocho-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)

SectorGrowth RateWhat 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.

Chinese spending is returning at a staggering pace. The year-on-year growth rate for Chinese card spending accelerated every single month: January +56.8% → February +89.1% → March +160.5% → April +193.8% → May +214.0%. The composition, however, has changed. In Cheongdam-dong, watches and jewelry surged +135.0%, accessories +197.7%. Average per-transaction spend on watches and jewelry hit ₩12.15 million.

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

MythVerdictEvidence
Chinese tourists go to Myeongdong⭕ TrueMyeongdong-area Chinese card spending ₩41.1B, YoY +90.2%
Japanese tourists go to Seongsu🔺 Half TrueSeongsu’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❌ OutdatedDept. stores +89.2%, pharmacies +206.1%. Spending has moved into everyday retail
Foreign spending is concentrated in Seoul🔺 ShiftingOlive Young non-capital-region stores +72% (national avg. +45%), GS25 coastal stores +136.9%
Korea tourism = sightseeing tourism❌ FalseKorea 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

※ 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.

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