Yiwu International Trade City: The Definitive Guide

Trade markets are one of the most strategic business channels to buy and sell if you are a wholesaler. In this article, you will read about pertinent highlights about the Yiwu International Trade City and how to plan your visit accordingly.

So, let’s get started.

A Brief about Yiwu International Trade City

In Zhejiang, China, approximately 1.5 hours abode an express train from Shanghai, you will reach the Yiwu International Trade City or commonly known as the “Commodity City”.

It attracts both wholesale retailers and small-volume buyers mainly from China, the Middle East, Russia, and Africa.

As a retail wholesaler, a booth in the Yiwu center guarantees you an opportunity to sell large quantities of your products.

Meanwhile, as a small-volume buyer, you can buy off-the-shelf products from different sellers or booths in small quantities which can be shipped in one consignment.

Some buyers also found Yiwu International Trade City better than other wholesale fairs because it accommodates small-volume transactions.

The Yiwu International Trade City is considered as the world’s largest wholesale market offering at least 400,000 affordable commodities and goods, including clothing, jewelry, craft supplies, office supplies, toys, and among others. You will find an inventory of products being sold in the market in Yiwu Market Guide.

This trading market is composed of five districts, 75,000 booths and 100,000 suppliers which cater to 200,000 buyers per day. Because of its vast area, it is usual to expect good product segmentation and small Minimum Order Quantity or MOQs. For example, more than a dozen booths specialize in hair ribbons.

Almost 70% of the suppliers found in this trade market are factory outlets so the prices are noted to be mid to low-range. You can also buy online from the Yiwu Market however suppliers do not often update their items and quantities online.