Yiwu International Trade City, also known as the Yiwu Market or the Yiwu Commodity City, is the world’s largest wholesale market for small commodities. Located in Yiwu, Zhejiang Province, China, it covers an area of over 5.5 million square meters and has over 75,000 booths. The market is divided into five districts: District 1 for daily necessities, District 2 for textiles, District 3 for toys, District 4 for hardware, and District 5 for gifts and handicrafts.
The Yiwu International Trade City is a major hub for global trade, with buyers from over 200 countries and regions visiting the market each year. The market is also a major source of employment for the local population, with over 200,000 people working in the market and its related industries.
The Yiwu International Trade City is a major contributor to the Chinese economy, generating over $100 billion in annual revenue. The market is also a major tourist destination, with over 10 million visitors each year.