Yiwu义乌
Zhejiang
In 2024 the Yiwu China Commodities City market recorded a transaction volume of 279.8 billion yuan, up about 20% on the previous year, according to operator statistics reported by Xinhua. Yiwu is less a single factory cluster than a trading hub: its showrooms front for manufacturers across dozens of Chinese industrial clusters, which makes it a good place to compare many product lines in one trip. Daily foot traffic at the market averaged about 224,000 people in 2024, including more than 3,900 foreign buyers a day. Because many stall holders are traders rather than factories, buyers should verify who actually makes the goods before placing larger orders.
Small commodities and general merchandiseToys and party suppliesJewelry and hair accessoriesChristmas and festive decorationsStationery and household sundries
Key figures
- 279.8 billion yuan (+20.02% year on year)
- Transaction volume of Yiwu China Commodities City market · 2024↗
- 224,300 people per day, including more than 3,900 foreign buyers
- Average daily visitors to the market · 2024↗
- About 2.1 million small and micro enterprises across 20+ industrial clusters
- Supplier base linked to the Yiwu market · 2024↗
Buyer tips
- Many booths are showrooms for traders or small workshops; ask for the factory address and business licence scope before committing to a large order, and visit the factory if the product is safety-critical.
- Stalls often accept mixed-SKU orders with carton-level MOQs, which suits small e-commerce sellers, but prices and quality can drop when you push MOQs down; confirm the exact sample you approved is what goes into the carton.
- Toys, children's products and jewelry sourced here must be checked against destination rules (EN71 and CE for the EU, CPSIA and ASTM F963 for the US, lead and cadmium limits for jewelry); do not rely on a stall's generic test report.
- Use a Yiwu-based consolidator or buying agent to combine goods from several stalls into one container; Yiwu has rail links to Ningbo port and China-Europe freight trains, so compare sea, rail and LCL options.
Wholesale markets
- Yiwu International Trade City (义乌国际商贸城, Districts 1-5)
- Huangyuan Market (篁园市场, garments)
- Yiwu International Production Materials Market (义乌国际生产资料市场)
Trade fairs
- China Yiwu International Commodities Fair (义博会, usually October)
- China Yiwu Imported Commodities Fair (义乌进口商品博览会)
Typical ocean transit
| From | North Europe | US West Coast | US East Coast |
|---|---|---|---|
| Shanghai | 40–4732–35 via Suez | 10–16 | 28–34 |
| Ningbo | 39–4731–35 via Suez | 12–18 | 30–36 |
Port-to-port, in days. Door-to-door adds inland haulage, customs and final delivery. Most Asia–North Europe services still sail around the Cape of Good Hope; the range assumes that routing. Some services are returning to Suez from September 2026, which shortens the trip to about the “via Suez” figure.
Related guides
- Yiwu Sourcing Agent Fees: How Agents Charge and What to Compare
- How to Buy from the Yiwu Market Without Visiting
- China Manufacturing Hubs: Which City Makes What (Cluster Map)
- Factory vs Trading Company in China: How to Tell and Which to Use
- Shipping from China to Amazon FBA: Rules, Options and Pitfalls
- LCL vs FCL: When to Book a Full Container from China
Other clusters in Zhejiang
- Yongkang — Vacuum flasks and thermos cups
- Cixi — Small home appliances
- Ningbo — Stationery and office supplies
- Wenzhou — Footwear and leather
- Taizhou — Plastic moulds and injection-moulded products (Huangyan)
- Shaoxing Keqiao — Woven and knitted fabrics
- Haining — Leather and fur garments
- Zhuji Datang — Socks and hosiery
- Zhuji Shanxiahu — Freshwater pearls (loose and strands)
- Anji — Office chairs