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Yiwu Market Guide


Every businessperson is familiar with Yiwu – it’s the world’s largest wholesale market for small commodities. Did you know that nearly 80% of the world’s Christmas products are created right here in Yiwu? With over half a million buyers from around the globe visiting each year and more than 140,000 foreign residents calling it home, Yiwu is truly a global hub.In our comprehensive guide to the Yiwu market, we’ll walk you through every step, ensuring your sourcing journey is smooth and successful.Now, I must admit, this guide to the Yiwu market is quite extensive, so take your time while reading. If you’re new to China or just starting out, make sure to read through the entire page. It’s worth the read!

What is Yiwu? Where is Yiwu?

Yiwu, a city in China, is home to the world’s largest wholesale market for small commodities.

Located in the heart of Zhejiang Province, Yiwu is conveniently close to both Ningbo Port and Shanghai Port. It’s only 280 kilometers north of Shanghai, 150 kilometers east of Ningbo, and a mere 100 kilometers away from the captivating city of Hangzhou, the capital of Zhejiang province. Yiwu shines as an international and diverse hub, known as the global capital of small commodities. Every year, it draws in over 550,000 buyers from around the world.

How to Get to Yiwu?

Yiwu holds the status of a county-level city. As of now, direct international flights to Yiwu are not available. Importers typically opt for connecting flights to Hangzhou, Shanghai, or Guangzhou as their initial travel destinations. Let’s take a closer look:

Hangzhou-Yiwu (100km/60mil)

Hangzhou is conveniently located near Yiwu, offering you various transportation options such as high-speed rail, airport buses, or taxis to reach Yiwu. Opting for the high-speed rail is considered the most easy choice.

A high-speed railway stretching 109 kilometers connects Hangzhou to Yiwu. Throughout the day, from 6:00 AM to 9:53 PM, you’ll find a total of 89 high-speed and bullet trains connecting the two cities. The travel time typically ranges from 30 minutes to 1 hour, with ticket prices spanning from $12 to $29. The quickest train, G2365, zooms along at a top speed of 280 km/h, completing the journey in a mere 32 minutes.

hangzhou to yiwu on map

Shanghai-Yiwu (260km/160mil)

Flights between Shanghai and Yiwu are currently unavailable. The distance between these two cities spans 260 kilometers (160 miles), making travel by the Shanghai-Yiwu high-speed train the most recommended choice. The journey typically takes around 1.5 to 2.5 hours, and a second-class seat costs 123 yuan.

If you’re departing from Shanghai Pudong Airport, you have the option of direct buses to Yiwu. These buses take approximately 4.5 hours and are priced at 180 yuan. Alternatively, you can choose buses from the Shanghai Intercity Bus Terminal or the South Long-distance Bus Station, both heading to Yiwu. These bus rides usually take 3.5 to 4 hours and cost around 100 yuan.

Making your way from Shanghai to Yiwu has never been easier, and these transportation choices offer you flexibility and convenience.

shanghai - yiwu - moer sourcing

Guangzhou-Yiwu (1300 km/800mil)

 The distance between Guangzhou and Yiwu spans around 1,300 kilometers (800 miles). When traveling from Guangzhou to Yiwu, there are a couple of great options to consider. The quickest and most efficient way is by taking a direct flight. With a flight duration of just 2 hours, you can cover the distance swiftly. Flight costs can vary between CNY 600 to CNY 1200, depending on different flight options and timings. If you’re open to a more leisurely journey, the bullet train offers a comfortable choice. The train ride from Guangzhou to Yiwu takes approximately 6 to 7 hours in total. The costs may range from CNY 675 to CNY 2200, based on the class of seat you select. It’s worth noting that all these bullet train routes originate from Guangzhou. Yiwu serves as an intermediate stop, where the train halts for a brief 2-5 minutes. To ensure a smooth exit, make sure your luggage is ready in advance and pay close attention to the announcem

guangzhou to yiwu on map

Yiwu Market Overview

Yiwu is a vibrant and multicultural city, welcoming around 15,000 foreigners from over 100 countries. Each year, it warmly hosts over 550,000 importers from around the world. The focal point of this dynamic city is none other than the grand Yiwu Wholesale Market. In this bustling market, you’ll find over 75,000 booths showcasing an astounding variety of products—practically everything under the sun. It’s no exaggeration to say that the Yiwu merchandise market feels like a year-round exhibition. The remarkable distinction, however, is that unlike other temporary exhibitions, the China Yiwu market remains open throughout the year, with the exception of the China Spring Festival. Suppliers in the Yiwu wholesale marketplace hail from all corners of China. They may have factories located within Yiwu or in other cities across the country. For importers, sourcing from the Yiwu market is a breeze. With suppliers congregating in this marketplace to present their offerings, you can expect to discover top-quality products at favorable prices. Some noteworthy statistics about the Yiwu market:

  • Established in 1982
  • Encompasses a sprawling area of 5.5 million square meters
  • Boasts over 75,000 booths
  • Operates daily from 9 am to 5 pm
  • Houses a bustling community of over 210,000 workers
  • Draws more than 210,000 visitors daily
  • The products showcased are exported to over 219 countries.

Whether you’re a visitor or an importer, the Yiwu market promises an enriching experience filled with boundless opportunities.    

Why Sourcing from Yiwu?

The Yiwu wholesale market is your gateway to turning business dreams into reality—a world-renowned international trade hub for small commodities. With Yiwu’s exports reaching more than 219 countries, its global influence is undeniable. Suppliers within this market extend a warm welcome to small-scale buyers. If you’re seeking to procure stock products in modest quantities, Yiwu is precisely where you should be. Consider this Market your ultimate destination for an expansive range of products. It’s the go-to for importers in search of daily necessities, kitchenware, hardware, luggage, toys, jewelry accessories, and so much more. Many people said Yiwu is only suitable for small businesses while other big cities like Shenzhen and Guangzhou are more suitable for large orders. IT’S NOT TRUE! The truth is, the Yiwu market is also very ideal for big orders! If you want to combine hundreds of items into one shipment, the Yiwu market is tailor-made for such needs. As China’s largest inland port, according to the Yiwu government website, Yiwu’s credentials speak volumes—over 400,000 standard containers are exported annually, showcasing its immense capabilities. Thousands of importers ship hundreds of containers from this Market. But that’s not all. Yiwu’s allure extends to one-dollar stores, wholesalers, supermarkets, and shop proprietors. A haven for those with distribution channels, one-dollar stores, supermarkets, and establishments specializing in stationery, gifts, and toys.  

The world’s largest wholesale market

The Yiwu International Trade Market stands as the world’s largest wholesale haven. It is said that spending three minutes in each booth would take you a whole year to travel the entire market. Just imagine how big it is! (Yiwu International Market Map Download) Unlike the twice-yearly Canton Fair, the Yiwu Market flings its doors wide open every single day, except for the China Spring Festival.  Beyond the Yiwu International Trade Market, there are also many wholesale markets such as the Yiwu Huangyuan Market and the Yiwu Production Material Market. In essence, Yiwu is your one-stop universe of wholesale wonders, offering convenience and an expansive array of options. It’s a place where exploration is effortless and opportunities abound. 

Lower Price

Thanks to the incredibly organized setup of the Yiwu wholesale market, suppliers in similar categories tend to cluster together. This tight grouping creates an environment of spirited competition, which in turn keeps prices pleasantly competitive and relatively low.  

Small MOQ

Both the Canton Fair and Yiwu Market are massive trade shows that showcase a wide range of product categories. At the Canton Fair, you’ll typically find major manufacturers and large trading companies as suppliers. They often require high minimum order quantities (MOQs). In contrast, suppliers at the Yiwu market usually have very low MOQs. What’s more, you can even mix and match hundreds of items within a single container. The beauty of Yiwu is that you’re free to buy a delightful array of styles, test out various products, and discover what resonates with your customers. Such flexibility can be a bit more challenging to achieve at the Canton Fair. If you want to do business online or open a supermarket, Yiwu is your destination. Here, you can buy a variety of products and consolidate them into one shipment.  

Diverse and Ongoing Trade Shows

Beyond the numerous wholesale markets, the government also organizes a variety of trade shows each year, providing a platform to connect with actual manufacturers. One notable event is the Yiwu International Commodity Fair. It holds the distinction of being the third-largest trade fair in China, following the Canton Fair and the East China Fair. Often referred to as the “Mini Canton Fair,” this event offers an excellent opportunity to engage with manufacturers and explore a wide spectrum of products.   

What Products Can be Purchased in Yiwu?

Yiwu market sells a wide range of products, whatever you may think of, you could find in this huge market. For example:

  • Fashion Accessories:  jewelry, jewelry accessories, wigs, phone cases, watches, glasses, etc.
  • For Children: toys, clothing, baby products, stationery, etc.
  • Party Products: tents,  balloons, disposable tableware, disposable bags, etc.
  • Household Products: curtains, pillows, mattresses, mops, buckets, etc.
  • Packaging Items: wrapping paper, gift boxes, wrapping tape, glue, baskets, etc.
  • Hardware Tools: hammers, pliers, ladders, nail guns, shovels, toolboxes, etc.

Best Time Visiting Yiwu

The Yiwu Market is year-round open, welcoming visitors even on weekends—except during the festive China New Year Holiday. While considering aspects like Yiwu’s exhibitions, weather, and more, the sweet spot for a visit is generally from March to May and September to November. If you’re here to buy Christmas products, planning a trip before June is advisable. Come August, you might notice that most factories are no longer accepting new orders, and the delivery schedules tend to be quite tight.

  • From March to May: Spring Canton Fair, East China Fair, Hong Kong Gift Fair, and Hong Kong International Jewelry Fair are all during this period
  • From September to November: The autumn Canton Fair and the Yiwu Fair are held in late November. The Autumn Hong Kong Electronics Fair and the Autumn Hong Kong International Lighting Fair were both during this period.

Guide to Yiwu International Trade Market (Futian Market)

Yiwu International Trade Market District 1

District 1 was built in October 2001 and officially put into operation on October 22, 2002. It covers 420 acres of land, with a construction area of 340,000 square meters and a total investment of 700 million yuan. There are more than 10,000 shops.

1F: Toys / Electric toys / Inflatable toys / Plush toys/ Artificial Flower / Flower accessories / Annex building (Toy/ornaments/craft)
2F: Jewelry & Ornament / Hair Ornament / Annex building (ornaments)
3F: Ornament Accessories / Porcelain & Crystal / Picture Frames / Crafts
4F: Factory Outlets (Toy/flower/ornament) / Taiwan Mall (flower/ornament/craft)
yiwu market district - moer sourcing
yiwu market DISTRICT 2

Yiwu International Trade Market District 2

Market District 2 was opened on October 22, 2004. It covers an area of 483 acres, with a construction area of more than 600,000 square meters and with more than 8,000 shops. The East auxiliary building is equipped with an industrial and commercial bureau, tax bureau, police station, bank, restaurant, logistics, post office, telecommunications, and other functions and service agencies. The market is equipped with commercial buildings, office buildings, four-star hotels and two squares in the east and west, and a sightseeing tour bus.

1F: Suitcases & Bags / Umbrella / Rain wear / Gift Bags
2F: Vehicles / Hardware Tools & Accessories / Locks / Electric Products
3F: Kitchen & Sanitary hardware / Small Home Appliances / Clocks & Watches / Guangdong Nanhai Mall / Battery/Lamp/Flashlights
4F: Anhui Mall / Hongkong Mall / Sichuan Mall / Korean Mall / Electronics / Suitcase & Bags / Clocks & Watches / Hardware & Electric Appliances 5F: Export agencies / Featured products

Yiwu International Trade Market District 3

The construction area of District 3 is 460,000 square meters. There are more than 6,000 of 14 square meters of standard shops from 1F to 3F. 600 of 80-100 square meters business shops on 4F to 5F. 650 of 50 square meters of exhibition halls. The 4F is a direct sales center for production enterprises, including stationery, sporting products, cosmetics, glasses, zippers, buttons, clothing accessories, and other industries. The market is equipped with central air conditioning, a network system, Internet TVs, a data center, and a fire safety monitoring center. People and goods flow unimpeded in the market, cars can reach all floors. There are multiple ground parking areas and rooftop parking areas. Modern logistics, e-commerce, international trade, financial services, as well as accommodation, catering, entertainment, and other services are fully equipped.

1F: Glasses / Pen & Inks / Paper Articles
2F: Outdoor products / Office & Stationery / Cultural & Sports products
3F: Zipper & Button / Apparel Accessories / Cosmetics & Beauty products
4F: Factory outlets-cosmetics/beauty / Factory outlets-cultural & sports Factory outlets-apparel accessories
5F: Painting Industry/ Imported Commodity Mall
yiwu market DISTRICT 3
yiwu market district 4

Yiwu International Trade Market District 4

Market District 4 is a sixth-generation market of the Yiwu China Commodity Market. The market was opened on October 21, 2008, with a construction area of ​​1.08 million square meters and 16,000 shops. The market has an elevated driveway, and various vehicles can go directly to each floor in the market. Market District 4 has abundant parking areas. In addition to the large underground parking area, there are also several surface parking areas and rooftop parking areas. The east and west parts of the market are with logistics, e-commerce, international trade, financial services, catering services, and other market-supporting service facilities, as well as 4D cinema, tourism and shopping, and other characteristic commercial and entertainment services. The market District 4 draws on the advanced design concepts of the current international large-scale commercial centers and integrates a number of high-tech products. It is equipped with central air conditioning, large electronic information screens, broadband network systems, LCD TV systems, and solar power generation. Advanced high-tech hardware facilities such as rainwater collectors, automatic skylights, and parallel escalators are the commodity wholesale trading market with the highest technical content and the highest international level in China, and it is also a modern landmark building in the Yiwu market.

1F: Socks / Leggings
2F: Daily Necessities / Knitted Products / Gloves / Hats / Earmuffs
3F: Sewing Thread & Tape / Shoes / Lace / Tie / Towel
4F: Belt/Accessories / Scarf / Bra & Underwear 5F: Tourism & shopping center / Garments / Shoes / Daily necessities / Frame/accessories

Yiwu International Trade Market District 5

The market District 5 covers an area of 266.2 acres, with a construction area of 640,000 square meters and a total investment of 1.42 billion yuan. It is divided into five floors on the ground and two floors below the ground.

1F: Garments/Daily consumables / African Products / Jewelry & Handcrafts / Ornaments & Crafts / Food / Healthcare products
2F: Beddings / Chinese knot / DIY Handicraft
3F: Needle / Knitted cloth / Knitted fabric / Curtains cloth
4F: Auto Accessories / Car & Motorcycle Parts / Car necessities
5F: Online services
yiwu market district 5

How to Find Suppliers in the Yiwu Wholesale Market

Before heading to the Market, it’s smart to know where your desired products are. Similar items are often grouped together in specific sections of the Market. If you’re comfortable using yiwugo.com, it’s a helpful tool to find your products easily. Don’t worry if you’re not familiar; we’ll discuss yiwugo.com below. Plus, you’ll spot guide maps throughout the Market that show where different product categories are. Once you’ve found the area for your products, you can also check out nearby suppliers. See if they offer similar items, and you can even compare quality and prices. If the Market is new to you, having a translator or sourcing agent like us can be a great help. We’re like Market experts with a built-in GPS—we’ll quickly guide you to the products and suppliers you’re after.    

How to Communicate with Suppliers in the Market?

Yiwu market suppliers might not speak English fluently, though some may grasp a few basics like “How much,” “Quantity,” “cheap,” “money,” and so on. When you spot a product you’re interested in, show it to the supplier. They’ll use a calculator to display the price. Remember, this price is just for the product itself and doesn’t include extras like shipping—it’s given in Chinese Yuan (CNY). If you’re looking to buy a small quantity in stock, such as a carton or two, you can pay the supplier in cash. They’ll arrange to deliver the goods to your hotel. Just remember, there’s a delivery charge that you’ll need to cover. Now, let’s say you want to customize a product according to your preferences. This might involve changes or tweaks. To avoid any confusion, having a translator or a sourcing agent like us can be incredibly helpful. We’ll bridge the communication gap between you and the supplier, making sure everything is clear and understood.    

Yiwu Market Online

We recommend you yiwugo.com

This website is called “Yiwu Market Online.” Functioning as a comprehensive online wholesale platform, it brings together suppliers from Yiwu, catering to both domestic and international markets. Yiwugo offers several useful sections, such as product listings, market maps, business details, forums, and exhibition services. An outstanding feature is its unique 3D and 360-degree booth display, offering an immersive experience within the Market. Navigating Yiwugo is a breeze—you can effortlessly locate suppliers’ precise positions, addresses within the Yiwu Market, contact information, and much more. It’s your go-to platform for all things Yiwu!

Comparison between Yiwugo and Alibaba

There are essential differences between Yiwugo and other online platforms like Alibaba. Yiwu Go is a unique wholesale website. It is affiliated with Zhejiang China Commodity City Group and is the official website of Yiwu Wholesale Market. Merchants who settled on this web all have physical booths in the Market. It relies on the physical Market and serves the physical Market and buyers. It binds 75,000 online and offline booths together to provide transaction guarantees for both buyers and suppliers. But Platforms like Alibaba are designed to replace the entire traditional business model. At the same time, Yiwugo was established to provide e-commerce services for both suppliers in the Market and global buyers.  

Other Wholesale Markets in Yiwu

Yiwu International Means of Production Market

Different from the Yiwu International Trade Market Futian Market), the international means of production market is mainly dominated by machinery and equipment industrial electrical equipment, power generation equipment, printing and packaging machinery, food processing machinery (hotel supplies), sewing equipment injection molding machines, etc. is also the center of lighting products and leather raw materials.

Address: No. 1566 Xuefeng West Road

yiwu international means of production market
yiwu huangyuan clothing market

Yiwu Huangyuan Clothing Market

Ywu Huangyuan Clothing Market is located in the most prosperous place in Yiwu, the largest professional clothing market in Central Zhejiang. with a total market area of 420,00 square meters. t officially started business in 201. Categories: jeans Men’s Wear, Dresses, Sweaters, Pajamas, Children’s Wear, Sportswear, Wedding Dresses, Evening Dresses, imported South Korean Garment

Address: the intersection of Middle Jiangbin Road and Huanayuan Road

Yiwu Furniture Market

it is the largest professional furniture market approved by the government in Yiwu.

Address: No. 1779 Xicheng Road 

Yiwu Furniture Market

Other Specialty Streets

Christmas Trees & Christmas DecorationsNo.601,Chouzhou North Road
Inventory Stock ProductsWu’ai District, Meihu District
Jewelry & AccessoriesChangchun District,Xingzhong District
ScarvesFutian 3 & 4 District
Bras & UnderwearChengxin 2 District
FurnitureNo.247 Chengzhong North Rd.
Lighters, Photo Frames, Oil PaintingsZhaozhai District
ZippersBinwang Zipper Street
ElectromechanicalDatangxia District 2

Selected Industrial Clusters Surrounding Yiwu

Hangzhou City

  • Fuyang: Hometown of Chinese Papermaking, China’s Racket Production
  • BaseXiaoshan: World’s Down and Feather Capital, China’s Lace Hometown
  • Fenshui: China’s Pen-making Hometown
  • Yuhang: China’s Home Textile Production Base

Ningbo City

  • China’s Textile and Garment industry Production Base, the Largest injection Molding Machine industry Production Base in Mainland China
  • Yuyao: Hometown of Plastics in China
  • Ninghai: China’s Mold Industry Base

Wenzhou City

  • China’s Lighting Production Base, China’s Shoes Capital
  • Longwan: China’s Hardware and Sanitary Ware Capital
  • Qiaotou: China’s Hometown of Zippers, China’s Button Capital
  • Lucheng: China’s Metal Shell Lighter Production Base
  • Rui’an: China’s Automobile and Motorcycle Parts Capital
  • Cangnan: Printing Base

Taizhou City

  • Huangyan: Hometown of Moulds in China, the Capital of Plastic Daily Necessities
  • Yuhuan: China Valve Capital, China Auto Parts Industry Base
  • Linhai: The Kingdom of EyeglassesXianju: China’s Crafts Gift City

Jinhua City

  • Yiwu: China’s Famous City of Seamless Knitted Clothing, Zhellang Socks industry Brand Base, World’s Largest Wholesale Market of Small Commodities
  • Pujiang: Crystal Glass Capital of China
  • Yongkang: Hardware Capital of China

Shaoxing City

  • Shangyu: China’s Umbrella City
  • Shengzhou: China’s famous Tie City
  • Zhuji: international Socks Capital (the annual output of socks accounts for 70% of the country’s total and 30% of the world’s)
  • Keqiao: Asia’s Largest Textile City

Huzhou City

  • Home of Chinese Silk
  • Zhili: China’s Largest Production Base for Children’s Clothing

Which Market is the Best One in Yiwu to Source Products from?

Among so many wholesale markets in Yiwu, the international Trade Market (Futian Market is still the best because it has a complete variety and supporting facilities, and you can find almost all the products you think of here.

Pros and Cons of Yiwu Wholesale Market

Pros

  • All Day Opening
    Yiwu Market opens at 9:00 in the morning and ends at around 5:00 in the afternoon. It means millions of products are on display throughout the day. So even if you visit there at noon, you can still find many options.
  • High-Quality Products
    Many people visit the Yiwu market for purchases every day; it is why so many people from far-away cities come to Yiwu to sell their products. No matter where they are produced, you can always find high-quality products in the Yiwu market. Some products are even handcrafted!
  • Easy to Find All Products You Need in a Short Time
  • Easy to Make Products Customization
    If you come across a sample you like and decide to buy the final product in large quantity; you could ask the supplier to customize it for you
  • Competitive Price for Big Order
    At Yiwu Market, it is always very easy to buy goods in big quantities and get them at a competitive price.
  • Plenty of Suppliers
    Since there are over 75,000 booths in the market, you may communicate with all suppliers face-to-face
  • Fast Delivery
    Once Production is completed, you can quickly ship them to your country, There are many shipping options that you can choose
  • Goods Consolidation Easilv in one Shipment
    if you have purchased many products from different suppliers, we could help you to collect all these products together and to ship them in one Shipment,

Cons

  • Not All Suppliers are Factories
    It has over 75,000 booths in the market most of which are trading companies. Some are distributors; some may be individual businesses; some may be factorielt’s tough to distinguish between.
  • Too Many Suppliers and Products can Cause Confusion
    Since there are so many products and suppliers in this vast market you may get confused when choosing from products. it can be challenging to determine which suppliers are trustworthy and which are not.
  • Different Qualities
    Different products come from different manufacturers; even the same product may come from different manufacturers. So qualities are very different.
  • Suppliers Do Not Speak English
    As we mentioned before, most suppliers do not speak any English. Communication is a problem if you do not have help from a translator or sourcing agent
  • Buyers Need to Make Payment, Consolidation, Goods inspection, and Shipping by themselves if without the help of
    sourcing agent.

Sourcing Agents Help Buyers

Market Assistance

Sourcing agents are the middlemen between importers and suppliers. We assist in negotiation between the two parties. We accompany you to visit the market quickly find what buyers need, and discover new products in time.

Find Proper Suppliers

If there are no proper suppliers in the Yiwu market, we help buyers search for suppliers in other cities in China.

Assist Buyer in Order

We assist buvers in making orders if they want to order from the market but do not know how.

Arrange Samples

If you need samples from the market or want to make some adjustments to products from the market, you can tell suppliers the specific requirements. After the sample is completed, we will check the sample according to the customer’s requirements, if it meets the customer’s requirements, we will quickly arrange to express the sample to the customer.

Quality Inspection

After the goods are delivered to the warehouse, we will inspect whether all products meet the customer’s requirements and whether there are defects and damages. If some of the products do not meet the buyer’s requirements, we will assist in returning them to suppliers.

Shipping Assistance

If a buyer has ordered goods from multiple suppliers in the market and wants to ship them together to the destination country, we will assist with shippinSourcing agents have extensive resources on freight and express companies and can offer better shipping prices

Free Warehouse

Sourcing agents who have their own warehouses always provide free warehouse service, like us.

Other Assistance

Such as issuing invitations, booking transportation tickets, hotels, etc.

Yiwu Sourcing Agent Service Charge

You will find many advertisements for sourcing agent information in Yiwu Market. Some of them claim they charge less than 3% of commission, some even 1%, 0% !! Do you think it is possible? How do they support running their companies with this low to 1% service charge? Let’s have an example if you buy five generally. there’re 48 pcs of mugs in one carton box so the total value will be around USD65. The ceramic mugs, let’s say it’s USDO.27 for each ceramic mug.will finally get USDO.65 for sourcing commission if they charge 1%. Let’s have another example. if you buy a full 40-foot container, generally, the total goods value for a 40HQ is around USD40.000.00, so they will get a USD400 sourcing commission fee for a 40HQ. As they have ten containers each month. they receive USD4,000/month. And in Yiwu, the minimum salary of an employee a month is at least USD800, so a sourcing company with ten employees will cost at least USD8,000 for the employee’s wages.  Here comes a question, with this 1% sourcing service charge, do they afford to pay employees’ salaries? Sourcing companies always do a lot of work for buyers, such as finding products, they don’t make any products themselves. Many people choose to avoid both trading and sourcing companies, as this usually means 5-10% or even higher prices than factories, They have a lot of value, including being able to source hard-to-products and ensure higher quality standards, Yes and Honest. Reliable and qualified sourcing agents will charge around 5% to 10% for their services. Choosing an agent with a meager commission will only get you in trouble.

How to Ship Products to Your Country

Yiwu is a city with a very developed logistics and transportation network. You could ship products to your country and region in many ways. There are generally 4 Ways of
transportation: Ocean Freight, Air Freight, international Express, and Rail Freight.

Ocean Freight

ocean freight shipping

Ocean freight is the first and most choice among all global freight transportation. the ocean freight volume accounts for over 80% of total international
transportation.
Advantages of Ocean freight:

large volume, low freight charge, almost all products can be shipped by ocean freight.

Disadvantages of ocean freight:

it is greatly affected by climate and natural conditions the saling period is easy to be inaccurate, and the longest shipping time among all transportation.

Railway Transportation

Rail-transport

Railway transportation is much slower than air transportation. For China-Europe Trains, the overall receipt timeliness is about 20-40 days while it just takes 7-20days for air transportation and 3-7 days for international express. Railway transportation is mainly to European countries, such as Germany, France, the United Kingdom, Italy, etc, other countries are temporarily unable to transport by railway, especially North and South American countries.

Advantages: large volume, low cost, less affected by climate and natural conditions.

Disadvantages: slow timeliness, poor flexibility

International Express

international express - moer sourcing

Suitable for shipping samples and small but urgent orders

Advantages: Fast arrival and good services
Disadvantages: High cost, there are many restrictions on air freight

Air Freight

air shipping

Air freight is ideal for shipping urgent, high-value, lightweight, and perishable products.
Advantages of air freight: Fast transportation, and lower risk.
Disadvantages of Air Freight: High Shipping Cost

Suggestions on Sourcing from Yiwu

Before you start a sourcing business, there are some tips you should keep in mind. The market is enormous, with over 75,00 booths and 5.5 million square meters. If you want to source in the Yiwu market, the following tips will make your sourcing easier.

Schedule in advance

Make sure you plan every aspect of your trip thoroughly and not just randomly decide you need to go to the market- Even if you’ve hired an agent, it’s a good idea to know the supplier beforehand. Generally, suppliers of the same product listings are in the same area, so you don’t need to roam the market to find similar suppliers. Visit Yiwugou’s official website to learn about suppliers. Once you have selected some suppliers, ask them to confirm that the products must be the same as the samples you see in their booths. Commonly, the actual products you will receive are not the same as the samples you see, suppliers will not let you know about this.

To Take Pictures of All Products You May be Interested in

If you come across a product that is precisely the item you’re looking for, make sure you have taken pictures, got this supplier’s business card, and taken notes. ln this way, you could easily find this booth later. Even after a long time, you can still find the booth and show the supplier the pictures you took to update the newest cost.

Don't Rush to Pay in Full

You will need to negotiate a better price with suppliers, but once you agree on a good price, please do not rush to make full payment. You need to ensure that the supplier is trustworthy. Therefore, it is better to pay some deposits. Once the supplier delivers goods on the promise, then you could arrange the balance.

Focus on QUALITY

As we mentioned, the quality of each supplier’s products could be slightly different. It always happens, We have to make sure the quality of products must meet our requirements.

Some Necessary Knowledge about Yiwu Market is Required

Before considering taking a flight to Yiwu, you’d better know something about the Yiwu market like China Holidays, and Yiwu Weather.. to avoid some situations like arriving in Yiwu during the China Spring Festival. And if you come to Yiwu during the China National Holiday normally (0ct 1-0ct7), you will find only a few booths are opening. The rest of the suppliers choose to spend their holiday rather than work.

Find a Reliable Sourcing Agent

If you’re first time in Yiwu. you’d better find a reliable person to introduce a good sourcing agent to serve you. lf you do not know anybody, you can only Google it to get as much information as possible about local sourcing agents. Some sourcing agents are sure to do something not good, like offering a higher price to you just because you do not understand Chinese. Nevertheless, you will still need a good sourcing agent to help you with the market, communication with suppliers, price bargains, and all subsequent services. With the help of a good and reliable sourcing agent, you need to focus on choosing the right products.

Recommended Trade Shows in Yiwu You Should Visit

Every importer must know the twice-yearly Canton Fair in Guangzhou, but the lesser-known is the Yiwu Fairs. Many Fairs, large or small, are held every year in Yiwu. The most famous and influential one is the China Yiwu international Commodities Fair – what people call the “Yiwu Fair.

China Yiwu International Commodities Fair

China Yiwu International Commodities Fair (Yiwu Fair) is one of the largest daily commodity trade fairs in China, including daily necessities, small commodities, household items, consumer goods, etc. Yiwu Fair has been held consecutively for 27 sessions since 1995. It is jointly sponsored by the Ministry of Commerce, the Zhejiang government. and other relevant departments, it has become the most influential trade fair in China and the third-largest exhibition sponsored by the Government after the Canton Fair and the Shanghai China Fair.

Some other Influential Fairs in Yiwu

  • China Yiwu International Intelligent Manufacturing Equipment Expo / 2022.3.15-3.17
  • China Art And Frame Expo /2022.3.20-3.22
  • China International Hardware And Electrical Appliances Trade Fair / 2022.4.20-4.22
  • China Yiwu International Trade Fair For Sewing & Automatic Garment Machinery / 2022.6.8-6.10
  • China Yiwu International Trade Fair for Digital Printing Technology & Application / 2022.6.8-6.10
  • Yiwu Fair China Yiwu International Commodities Fair / 202210.21-10.25
  • China Yiwu International Forest Products Fair / 202211.1-11.4
  • China Yiwu Imported Commodities Fair / 2022.11.13-11.15