In 2023, Chinese consumers spent totally 434.3 billion yuan overseas on luxury goods. This represented a slight increase of six percent from the previous year. Overseas luxury consumption of Chinese consumers has fallen behind their domestic luxury consumption since 2020.
Overseas luxury consumption of Chinese consumers from 2013 to 2023
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Consumption in billion yuan
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Tencent. (January 19, 2024). Overseas luxury consumption of Chinese consumers from 2013 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1457459/china-overseas-luxury-consumption/
Tencent. "Overseas luxury consumption of Chinese consumers from 2013 to 2023 (in billion yuan)." Chart. January 19, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1457459/china-overseas-luxury-consumption/
Tencent. (2024). Overseas luxury consumption of Chinese consumers from 2013 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1457459/china-overseas-luxury-consumption/
Tencent. "Overseas Luxury Consumption of Chinese Consumers from 2013 to 2023 (in Billion Yuan)." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1457459/china-overseas-luxury-consumption/
Tencent, Overseas luxury consumption of Chinese consumers from 2013 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1457459/china-overseas-luxury-consumption/ (last visited July 23, 2024)
Overseas luxury consumption of Chinese consumers from 2013 to 2023 (in billion yuan) [Graph], Tencent, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1457459/china-overseas-luxury-consumption/