Yiwu Market for Buyers to Get Quality Products in Affordable Price
In recent 30 years, the local people and government have been doing ONLY one thing – building this International Trade City.
It has had a significant impact on the restructuring of Zhejiang’s industrial landscape, which is mainly comprised of SMEs, by attracting manufacturers scattered across the province to the Yiwu in a context of increased growth and competition. In these districts, market towns such as Yiwu today drive modernization by facilitating the flow of goods. Yiwu broke with the old pattern by showcasing a growing number of products.
The number of stalls in the city’s markets has grown impressively: there were 705 in 1982, 16,000 ten years later, 42,000 in 2004, 62,000 in 2008 and 65,000 in 2014. Now, the number is 75,000.
They finally put 75,000+ booths and shops and around 10 million products inside this city, all under one roof! And attract 150,000+ visitors from all over the world into this market each day.
Yiwu – A Commercial and Trade City with Vibrant Market and Unlimited Business Opportunities. Yiwu market covers an area of 5.5 million square meters with 75,000 booths and shops selling 1.8 million varieties of goods in 26 categories. Yiwu market has been reputed as the largest wholesale market of consumer goods by the UN, World Bank and other authoritative organizations. Meanwhile, the e-commerce of Yiwu shows a vigorous development trend. There are more than 240 thousand accounts of various e-commerce sellers
Yiwu – An Open and Inclusive City Integrated into the World. Nearly 500 thousand overseas merchants come to Yiwu for procurement each year and over 13 thousand overseas merchants from more than 100 countries and regions resident in Yiwu. 842 thousand TEUs of commodities were exported to 219 countries and regions in the world, commodities are exported at high speed, more than 90 percent of business dealings are involved in international trade, and all items are sold in more than 140 international regions. This location is welcoming to businesses from all over the world.
Yiwu’s success has led to an expansion and diversification of markets specialized in the wholesale of small commodities, namely household appliances, stationery, toys, clothing and religious objects. In these markets, sellers want to offer wholesalers the widest possible choice and to make sure buyers can find what they are looking for more easily by classifying the products by type and location.
When you come to Yiwu, you will be surprised by its huge Yiwu international trade market. Yiwu international market sells almost all kinds of small commodities, creating a global market for buyers from all over the world. You can find the most complete categories of goods at the best price.
Yiwu International Trade City, also known as Yiwu Futian Market or Yiwu small commodity market, is considered one of the world’s largest Yiwu wholesale markets offering at least 400,000 types of Affordable merchandise and goods, including, toys, clothing, jewelry accessories, craft products, office supplies, and more. This trading market is consists of five districts, 75,000 booths, and 100,000 suppliers catering to 200,000 buyers per day.
Yiwu international trade market map
District 1 of Yiwu Futian Market is the most crowded out of all the five prefectures occupying a total area of 340,000 square meter.
District 1：
•1F Artificial Flower / Artificial Flower Accessory/Electric toys / Plush toys / Inflatable toys /Electric Toy
•2F Hair Ornament / Jewellery
•3F Festival Crafts / Tourism Crafts / Ceramic Crystal / Photo Frame / Decorative Craft / Jewellery Accessory
•4F Hall of Taiwan Merchants / Factory Outlet
District 2 of Yiwu Futian Market has a total area of 640,000 ㎡ and has five floors. While booths are mainly on the first three floors. The 4th and 5th floors are showrooms such as the Hongkong Hall, South Korean Hall, and the Sichuan Hall.
District 2：
•1F Rain wear / Packing & Poly Bags / Umbrellas / Suitcases & Bags (Schoolbags)
•2F Lock / Electric Products / Hardware Tools & Fittings / Vehicle
•3F Hardware Tools & Fittings / Home Appliance (Shaver) / Electronics & Digital / Battery / Lamps / Flashlights / Telecommunication Equipment / Clocks & Watches
•4F Hongkong Hall/ Korea Hall / Sichuan Hall / Hardware & Electric Appliance/ Clocks & Watches / Electric / Quality Handbag and Luggage
District 3 of Yiwu Futian Market also has five floors and holds around 7,000 booths. The 5th floor is offering services such as logistics and shipping, banking, accommodation, travel, catering, and entertainment.
District 3：
•1F Pens and Ink / Paper Products / Glasses
•2F Office Supplies and Stationery / Sports Products / Stationery and Sports
•3F Cosmetics / Mirrors and Combs / Zippers and Buttons & Clothing Accessories
•4F Cosmetics / Clothing Accessories/ Stationery and Sports / Buttons and Zippers
In district 4 of Yiwu Futian Market, there are approximately 20,000 booths mainly specialized in clothing and textile products.
District 4：
•1F Socks / Indoor Parking Lot
•2F Daily Consumable / Hat / Gloves / Other Knitting Products
•3F Towel / Necktie / Wool Yarn / Sewing Tape and Thread / Lace
•4F Scarf / Belt / Bra and Underwear
•5F Tourism and Shopping Centre / Factory Outlet
District 5 of Yiwu Futian Market is the youngest building which was constructed in 2011.
District 5：
•1F Imported Products / Consumer Goods / African Products / Jewellery / Arts and Crafts Photo Frame / Foods
•2F Beddings
•3F Towel / Knitting Material / Fabrics / Curtain
•4F Auto (motor) Accessories
Since officially opened in May 2011, Yiwu Huangyuan Garment Market has become the largest professional garment market in the middle of Zhejiang Province and Yiwu Wholesale Markets, covering a total construction area of more th.an 420,000 square meters.
Huangyuan clothing market is more modern, with a combination of wholesale and retail business. And it has attracted many well-known bands nationwide to set up exhibition hall inside. In order to optimize the product category, strengthen the market competitiveness, and highlight the business opportunities.
Now, with the advantages of Yiwu International Trade City’s geography, more and more foreign business people have got to know this market and the export rate is annually rising. The continuous development of the Huangyuan Garment Market has helped Yiwu form a garment industrial base and Yiwu industrial complementary advantages to and win a mutual benefit with the foreign buyers.
Opening time: 7:30—20:30
Yiwu Furniture Market is located in the heart area of western Yiwu, which is the only official exclusive approved by the Yiwu government. It covers an area of 160,000 square meters, with over 300 million yuan investment. It is currently the biggest modern furniture market in Zhejiang Province and the best. Yiwu Wholesale markets supported with the largest single size, the highest grade, the best environment, and complete facilities.
The market is with a full range of high, medium, and low-grade products, doing both wholesale and retail, domestic, and foreign trade business. On the underground floor, it mainly sells ordinary civilian furniture and office furniture; The first floor sells sofa, software, rattan art, hardware, glass furniture, and supporting service areas.
The second floor sells modern board and children’s suites, the third floor sells the European-style, classical, mahogany and solid wood furniture, the fourth floor is for excellent space to operate high-quality furniture; The fifth floor is the space for the business district and the home decoration.
Now, the Yiwu furniture market has become a unique international market window and the best platform for many domestic furniture brands to enter the world and win an international reputation.
Opening Time: 8:30am to 5:00pm
Yiwu International Production Material Market, dominated by the Yiwu government, constructed by Zhejiang Commodities City Group, is located to the Southwest of Yiwu Airport, and about 8 kilometers away from International Trade City. It covers an area of 350,000 square meters with 750,000 square meters of the construction area.
The main products here are Creative Decorations, Lamp, Household Appliances, Artificial Flower, Leather, Sewing Machine, Hotel Equipment, Electronic mechanical Equipment, Injection Molding, Ribbon loom, Printing and Packaging Machine, Plastic Particles, PEOP, etc.
Located in No.199 of Xicheng Road, the Yiwu construction material market covers an area of 100 acres, with 350 trading stalls and 170 business operators.
The market mainly provides aluminum, granite, ceramics, sanitary ware, stainless steel, plumbing pipes, glass, lamps, hardware, steel, and other categories of goods. Completed and put into operation in November 1994, the market has now developed into a distribution center in the Zhejiang region for architectural decoration materials and aluminum, stone, ceramic products. The annual turnover of the market is over 700 million yuan for three consecutive years.
Some market vendors in Yiwu sell various products, while others specialise in a specific category. If you require specialised service, then go with the one that offers specialised products with varieties in it. A specialised provider can supply you with the most affordable prices, the best product quality, and safe shipment. These suppliers, who deal in a variety of classes, usually have several factories. Providers that sell a variety of products, on the other hand, are less skilled than those who specialise in one type of merchandise.
When you’re able to make a large purchase from Yiwu wholesale market providers, it’s best to make certain that the large range of items is identical and of the best quality. It should match the sample product. When buying in bulk, you should not assume that the product quality will be the same as that of the sample.
It is preferable to inspect the product twice for confirmation and assurance. In the majority of cases, importers are surprised by what they got and what they were assured will be delivered. The colour, size, material used, quality, and weight of the product can differ compared to the sample you selected. (checked)
There is not much difference in price whether you order in bulk or in lesser quantities. Generally, if you’re purchasing products in huge quantities, the supplier may give a reasonable price, and some suppliers may also offer you a 3%-5% discount on the entire order.
Some people believe that if they directly raise the order amount, they would receive a good discount from the supplier. However, it doesn’t matter if you place a huge order or small, everyone gets almost the same percentage of discount from the supplier.
This is because the suppliers don’t trust buyers blindly. They know well that it is a trick to get the cheapest price with the best product. The price can remain the same for all orders of goods with a set discount.
During digitization, everything is available online. It will not be convenient for some people out there to visit Yiwu in person, and they can make the purchases online.
Chinagoods.com is the official website for the Yiwu market, where thousands of suppliers are selling their products online.
Build a full scene, full link digital market procurement ecosystem, build a full link digital free trade application for small commodities of digital trading, digital performance, digital finance, and digital supervision, and serve small, medium and micro entities to participate in international trade freely and conveniently. Chinatools makes trade easier.
The Chinatools platform also provides export credit insurance and minimum compensation protection for every order sold, and the cross-border orders completed by the transaction automatically complete foreign exchange settlement.
A large number of goods have also been moved to the shared cloud warehouse. After receiving the order, the operator clicks “delivery”, and the background can automatically match all the employees such as international logistics, customs declaration agents, and export insurance.
At present, the Chinatools platform has deployed 68 digital cloud warehouses in 25 cities in China, and has launched 180 international logistics special lines, covering 85 countries around the world.
Chinagoods.com
Yiwu confirms the sheer scale of Chinese manufacturing. The wholesale market is staggering in its size! No other country besides China could have a wholesale market like Yiwu. So if you want to expand your business, please contact us
Greentime is the best Yiwu agent company that provides you complete services and solutions for all your needs and requirements. Our providing a list of services including.
Finding the right supplier that has good quality products and offers the best rate can be a big issue for you. With our help, you can get a list of the most reliable products that are selling your desired products at the most affordable rates. This is definitely going to increase your profit margin on the products you are looking to have sourced.
To check the quality of products and goods you will buy. You should be asking for samples from suppliers. Greentime can save you trouble and help you get the samples from the right suppliers so you can test the quality of products before making any decision.
If you are visiting the Yiwu market the first time, it might be hard for you to arrange the right and reliable shipping method for you to have the products shipped to your country.
Greentime helps you with the process and makes the right shipping arrangements for you. You can have peace of mind that you are going to get the safest shipping method with the best prices.
Greentime can help you with the quality inspection of the products. They will check each item thoroughly and inspect the products for any quality checks imposed by your country.
You can have the satisfaction of buying the best products with the right inspection done by Greentime.
You might need the warehousing if you plan to keep the products for quality inspection or if you are looking to buy more than one type of product and keep them safely to have them shipped together.
Greentime provides you free warehousing services until your shipment is dispatched, and you can have the surety that your goods will be safe and secure with them.
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