What types of products are mainly sold in Yiwu International Trade City?
As the world’s largest wholesale market for small commodities, Yiwu International Trade City has a wide range of commodities, covering almost all areas of small commodities. The following are some of the main categories of goods and their characteristics summarized based on web search results:
Daily commodities: This category has a wide range of commodities, including but not limited to kitchen utensils, cleaning products, storage products, etc., to meet the various needs of daily life.
Toys and gifts: Yiwu market offers a wide range of toys, from traditional plastic toys to high-tech smart toys. Meanwhile, the gift zone offers a variety of creative gifts for different festivals and occasions.
Hardware & Tools: The Hardware & Tools Zone offers a wide range of hardware products, including hand tools, power tools, welding equipment, etc., to meet the needs of industry and home maintenance.
Electronic & Electrical Appliances: The Electronic & Electrical Appliances Zone sells all kinds of small home appliances, electronic products, communication equipment, etc. These products attract domestic and foreign buyers with their novelty and practicality.
Clothing and Textiles: Although Yiwu is famous for small commodities, its clothing and textiles market is equally developed, offering a variety of fabrics, clothing accessories and finished garments.
Luggage and Leather Products: The luggage section offers luggage, backpacks and wallets made of various materials, while the leather products section has leather garments, belts, gloves and other goods.
Crafts and Jewelry: Yiwu has a wide range of crafts and jewelry, from traditional ceramic products to modern metal jewelry, showing rich cultural connotation and artistic value.
Festive decorations: Every festival, Yiwu market will launch festival-related decorative items, such as Christmas decorations, Spring Festival couplets, etc., to add festive atmosphere to the festival.
Stationery and Office Supplies: The stationery area provides all kinds of pens, paper, books, office equipment, etc. to meet the needs of students and office workers.
Outdoor goods and sports equipment: this area provides all kinds of outdoor equipment, sports equipment, suitable for people who like outdoor activities and fitness.
The advantage of Yiwu International Trade City lies in its huge scale and perfect supply chain, which enables merchants to obtain diversified commodities at lower prices. At the same time, the market is highly internationalized, attracting a large number of domestic and foreign buyers. However, due to the wide variety of commodities, buyers need to have certain identification skills when purchasing to ensure that they buy commodities that meet quality standards. In addition, with the development of e-commerce, more and more buyers choose to learn product information through online channels, and the mode of offline transactions is gradually changing.
Yiwu International Trade City is a globally renowned distribution center for small commodities, which sells a wide variety of commodities and can be roughly divided into the following areas:
Market 1: mainly sells daily necessities, household goods, kitchen supplies, toiletries, beauty supplies, stationery supplies, toys and gifts.
Market 2: mainly sells hardware tools, electronic appliances, lamps and lanterns, electronic cigarette, electronic kitchen and bathroom, home decoration, office supplies and so on.
Market 3: mainly sells jewelry, accessories, bags and leather goods, textiles, fur and leather, watches and glasses, etc.
Market 4: mainly sells sports and leisure goods, automobile electronics, bicycles and accessories, outdoor goods, sports equipment, etc.
Market 5: mainly sells daily necessities, household goods, kitchenware, bath products, jewelry accessories, bags and leather goods, electronic products, digital electronics and so on.
Yiwu Small Commodity Market Foreign Trade Exports Export Data of All Years
In 2017, the total value of Yiwu’s import and export amounted to 233.94 billion yuan, export: 230.45 billion yuan, a year-on-year increase of 4.7%, import: 3.49 billion yuan, a year-on-year increase of 25.2%.
In 2018, the total import and export value of Yiwu reached 256 billion yuan. Among them, the total import and export value in the first half of the year was RMB 124 billion, an increase of 9.2%; the total import and export value from January to October was RMB 217.21 billion, an increase of 14.3% year-on-year. These figures show that in 2018, Yiwu’s foreign trade activities maintained growth momentum and contributed significantly to the city’s foreign trade growth.
The total value of Yiwu’s imports and exports in 2019 amounted to CNY296.78 billion. Among them, exports totaled 286.79 billion yuan and imports totaled 9.99 billion yuan. This data shows that in 2019, Yiwu’s foreign trade activities performed strongly, realizing steady quantitative growth and qualitative improvement, with the total value of imports and exports increasing by 15.9% over the same period last year
The total import and export value of Yiwu in 2020 amounted to 312.95 billion yuan. Among them, total exports amounted to 300.62 billion yuan and total imports amounted to 12.33 billion yuan. This data shows that Yiwu’s foreign trade business still maintains the growth trend and achieves a high breakthrough under the influence of the global new crown pneumonia epidemic in 2020.
The total import and export value of Yiwu in 2021 amounted to 390.31 billion yuan. Among them, exports totaled 365.92 billion yuan and imports totaled 24.39 billion yuan.
In 2022, the total import and export value of Yiwu figures to be 478.8 billion yuan. Among them, the total export amounted to 431.64 billion yuan and the total import amounted to 47.16 billion yuan.
In 2023, the data of total import and export value of Yiwu is 566.05 billion yuan. Among them, the total exports were 500.57 billion yuan.
The latest data for January-October 2024: the total value of imports and exports in Yiwu amounted to 560.16 billion yuan, with a year-on-year increase of 18.3%. Among them, exports were 494.46 billion yuan, up 18.1%; imports were 65.70 billion yuan, up 19.5%.
