Offshore duty-free sales value in Hainan, China 2013-2023

Published by
Xin Ou,
May 23, 2024

In 2023, the offshore sales value of duty-free items in Hainan island, China reached around 43.76 billion yuan, increasing slightly from 34.9 billion yuan in the year before. Since July 2020, the local government has increased the annual tax-free shopping quota per person from 30,000 yuan to 100,000 yuan.

Annual offshore duty-free sales value in China's Hainan island from 2013 to 2023 (in billion yuan)

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Release date

January 2024

Region

China

Survey time period

2013 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of May 2024). 

Figures for earlier years were taken from previous reports.

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