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| Yiwu market introduction |
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| February 27, 2009 |
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1. Brief introduction of Yiwu city
Yiwu nowadays has become a world famous brand for the rapid internationalizing of trade and business, the ever-growing export volume and the increasing number of foreign buyers from 200 nations and regions. On the August of 2005,Yiwu was certificated to be " the world's largest commodities wholesaling market' in a China development Report jointly issued by the UN, World Bank and Morgan Stanley. Yiwu Market covers a business area of 2,600,000 sqm, with 50,000 booths, the market boasts a daily visit of over 2,000 person-times, gathering 320,000 kinds of products in 34 industries, ranking the first of all the big markets in China for 14 successive years. 590 business agencies are set in Yiwu by overseas companies, over 6,000 foreign buyers lived in Yiwu permanently for sourcing, and 400,000 standard containers are being exported every year. With the trade structure of :selling and sourcing around the world: the young and energetic commercial city Yiwu is gaining momentum to further development.
2. Where is Yiwu city?
Yiwu Market is located in Yiwu City,situated in middle of Zhejiang Province,China.
3. How many professional markets are there in Yiwu city?
Yiwu market is divided into many different markets, including:
- Garment
- Knitting
- Printing
- Ornaments
- Zippers
- Wool Spinning
- Toys & Hardware
Tip: International Trade City(Futian market) is the main yiwu market, yiwu markets include yiwu futian market, yiwu huangyuan market, yiwu jewelry wholesale market, yiwu socks wholesale market, yiwu craft wholesale market, yiwu frames wholesale market, and other wholesale markets. Yiwu markets are also know as yiwu china commodities city, yiwu International Trade City, yiwu market purchasing, yiwu commodities city, china yiwu small commodity city, etc.
4. Who comes to Yiwu market?
- More than 30 000 factories & 10 000 wholesalers from all over China have showroom in YIWU Market.
- More than 100 000 wholesalers purchase goods in Yiwu market and sale to all over China.
- More than 10 000 foreign buyer purchase goods in Yiwu market and export to all over world.
- Owner or buyer of store, supermarket, dollar shop, trade company, importer, wholesaler from area out of china, like WAL-MART and so on buy goods in Yiwu market.
- Amount of goods exported from Yiwu Market to
USA: more than USD200 million
Eastern-South Asian: more than USD330 million
United Arab Emirates: more than USD180 million
Russia: more than USD150 million
UE: more than USD570 million
Southern America: more than USD610 million
Oceania: more than USD30 million
Africa: more than USD120 million
5. Why choose Yiwu market?
Why more than 200 000 foreign buyers come to Yiwu Market to purchase goods every year? Every one has their own different answers.
- Yiwu is the core wholesales market for hosiery, underwear and garment
- There are over 50,000 stalls in China Yiwu International Trade City, Bingwang Distribution Market and Huangyuan Market, of which 2,100 are selling stockings, cotton socks, underwear and garments.
- Only cost few minutes to visit a show room
- You can put more than 200 kinds of goods to a container
- English packing for sale in foreign market
- Latest designs, every people know "NO NEW DESIGN,NO BUSINESS" here
- Thousands of factories around here, its easy to visit some factories only cost one day
- Honest businessmen, nicer commercial atmosphere
- Beautiful & safe city
- More than 500 hotel and restaurants
- Convenient traffic to send goods or travelMore foreign purchaser come here, more factories come to Yiwu to set showroom, it makes Yiwu Market become more and more competitive.
6. Predominance of Yiwu
- Zhejiang is the second largest textile exporter of China
- The fourth largest industrial production base in China
- Average 8,000 overseas merchandisers stationed at Yiwu and 3,000 are from Korea
- The total hosiery output takes up 40% of the total output in China, ahead of Guangzhou and Chengdu
- Underwear, more than 1690 factories in Yiwu city
- zipper & relevant parts , more than 500 factories
- Knitting products, Socks, Stocking, more than 1400 factories
- Shirts, more than 1000 factories
- Scarfs, shawl, neckerchief, gloves(magic glove, leather glove, protecting gloves), more than 500 factories
- There are over 60K hosiery machineries in the Yiwu City, of which more than 30K are the top and latest models.
Please note:
Some factories have more than 2000 workers.
Yiwu market is absolute the heaven.
Welcome to Yiwu Market to start your business.
Source: www.ejetgroup.com/yiwu-market.html
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