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International Travelers spend 10.5 Bn. US Dollars in Japan

May 2018, 11
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The facts
Presently, Japan is experiencing a healthy growth in the overseas arrivals during this fiscal year. As per the Japan Tourism Agency, the figures are 29.77 million international travelers, showing an increase of 19.9%, compared to the previous year.

The pattern of Spending by these overseas tourists during the Jan to March period increased by 17.2% compared to the previous year corresponding to JPY 1.13 trillion (USD 10.5 billion). This was the result of shopping by individual travelers arriving from South Korea and China. Moreover, even the average spending for a visitor also increased to 0.6 % to JPY 148,891.

The spenders

For the period Jan-March 2018 travelers from China spent heavily totaling to JPY 439.1 billion. This was followed by Taiwan - JPY 149.5 billion, South Korea - JPY147.6 billion and Hong Kong -JPY 81.9 billion.

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