Yiwu International Trade City, located in Yiwu, Zhejiang Province, China, is the world’s largest wholesale market for small commodities. It covers an area of about 4 million square meters and hosts more than 75,000 booths spread across five districts, each specializing in different types of merchandise. The market attracts buyers from all over the globe looking for a wide variety of products, including toys, jewelry, arts and crafts, cosmetics, textiles, and many other consumer goods.
The market is divided into sections based on product categories, making it easier for buyers to find what they’re looking for. It operates on a B2B model, primarily serving wholesalers, traders, and manufacturers. Yiwu is known for its competitive pricing, diverse range of products, and efficient logistics infrastructure, which includes a direct link to the nearby义乌港 (Yiwu Port) and close proximity to Shanghai and宁波 (Ningbo) ports.
Yiwu International Trade City is also supported by a vast network of suppliers, which enables quick production and delivery times. The city’s market has become a global hub for small and medium-sized enterprises (SMEs) that rely on its platform to access international markets.
For visitors, navigating the market can be overwhelming due to its sheer size and the volume of products available. Therefore, it’s advisable for first-time visitors to plan ahead, know exactly what they’re looking for, and possibly hire a local guide or translator to assist with communication and negotiations. Additionally, understanding the market’s operating hours, which can vary by district, is important for effective time management during a visit.