Hainan Offshore Duty-Free Sales Surpass 30 Billion Yuan in 2024

Hainan Customs has released its 2024 report on offshore duty-free shopping, revealing a decline in total sales, shopper numbers, and items purchased.

The total offshore duty-free sales for 2024 amounted to 30.94 billion yuan, down 29.3% from 43.76 billion yuan in 2023. Shopper numbers dropped by 15.9% year-on-year to 5.683 million, and the total number of items purchased fell to 33.082 million, compared to 51.3 million last year. During the New Year’s Day holiday on January 1, 2025, Haikou Customs recorded duty-free sales of 130 million yuan, slightly lower than the 140 million yuan recorded during the same period last year.<