Yiwu Market is the largest wholesale market in the world. You will find thousands of wholesalers offering various products at the lowest prices here.
This article is the ultimate guide to Yiwu Market. It covers all the necessary information you need to know about this wonderful market in China.
What is Yiwu Market?
Yiwu Market is known for being the largest wholesale market in the world, with about 75,000 or more stalls offering a large variety of products.
The product category is also unlimited, covering about 400,000 products in the market.
There are many small commodity wholesale markets, specialized streets, and specialized markets in Yiwu. Generally speaking, all these markets are called Yiwu markets.
Where is Yiwu Market?
Yiwu Market, located in the middle of Zhejiang Province, China, has grown from its humble beginnings as an agricultural city to become the largest small commodity market in the world today.
Due to its central location, Yiwu Market is also the distribution center of Zhejiang Province, which accounts for more than 15% of China’s foreign trade.
Yiwu Market is 280 km from Shanghai, 1388 km from Beijing, and around 1170 km from Guangzhou and Shenzhen.
How to Get to Yiwu Market?
If you are outside China and want to visit Yiwu Market directly, you must choose to take a flight to Yiwu International Airport.
Many foreign tourists arrive at this airport and take a taxi to a hotel near Yiwu Market, only 15 minutes.
The following are the most popular hotels near Yiwu Market:
- Yiwu Marriott Hotel
- Yiwu Shangri-La Hotel
- Best Western Yiwu Hotel
Tips: Around 80-120 USD per night.
If you are within China, you can use local ways to reach Yiwu Market from most major cities.
The following are the estimated times to reach Yiwu Market from China’s major cities:
| Itinerary | By Train | By Bus | By Air |
|---|---|---|---|
| Beijing to Yiwu | 7 hours | 6 hours | 2.5 hours |
| Guangzhou to Yiwu | 6-7 hours | 17 hours | 2 hours |
| Shanghai to Yiwu | 2 hours | 4.5 hours | 2 hours |
| Shenzhen to Yiwu | 16 hours | 19 hours | 2 hours |
Tips: Times may vary, considering intervening pauses and other unexpected factors.
What Types of Products Can You Buy from Yiwu Market?
You can buy almost any product in Yiwu Market, from general items to specialized tools and toys.
In addition, Yiwu is the largest market in China. With their price strategy, Yiwu’s cheap products have gained a large market share worldwide.
Yiwu Market includes the following common item categories:
- Machinery & equipment
- Hardware & tools
- Fashion accessories
- Packaging materials
- Clothes & shoes & accessories
- Pet products
- Consumer electronics
- Houseware & decorations
- Sports & outdoor
- Toys
- Health & beauty products
- Auto & motorcycle parts
- School & office supplies
Best Yiwu Wholesale Market: Yiwu International Trade City
Yiwu International Trade City, also known as “Futian Market”. It is the largest and most famous wholesale market in Yiwu.
Foreign media call it “an ocean of commodities and a shopper’s paradise”, where more than 1.8 million products are produced and sold to more than 210 countries.
Yiwu International Trade City is a market complex connected by 5 districts/buildings:
International Trade Market District 1
| Floor | Products |
|---|---|
| F1 | Common toys / Electric toys / Inflatable toys / Plush toys/ Artificial Flower / Flower accessories / Annex building (Toy/ornaments/craft) |
| F2 | Jewelry & Ornament / Hair Ornament / Annex building (ornaments) |
| F3 | Ornament Accessories / Porcelain & Crystal / Picture Frames / Crafts |
| F4 | Factory Outlets (Toy/flower/ornament) / Taiwan Mall (flower/ornament/craft) |
International Trade Market District 2
| Floor | Products |
|---|---|
| F1 | Suitcases & Bags / Umbrella / Rain wear & Pack / Fujian Mall (Umbrellas) |
| F2 | Vehicles / Hardware Tools & Accessories / Locks / Electric Products |
| F3 | Kitchen & Sanitary hardware / Small Home Appliances / Clocks & Watches / Guangdong Nanhai Mall / Battery/Lamp/Flash lights |
| F4 | Anhui Mall / Hongkong Mall / Sichuan Mall / Korean Mall / Electronics / Suitcase & Bags / Clocks & Watches / Hardware & Electric Appliances |
| F5 | Export agencies / Featured products |
International Trade Market District 3
| Floor | Products |
|---|---|
| F1 | Eyeglasses / Pen & Inks / Paper Articles |
| F2 | Outdoor products / Office & Stationery / Cultural & Sports products |
| F3 | Zipper & Button / Apparel accessories / Cosmetics & Beauty products |
| F4 | Factory outlets-cosmetics/beauty / Factory outlets-cultural & sports / Factory outlets-apparel accessories |
International Trade Market District 4
| Floor | Products |
|---|---|
| F1 | Socks |
| F2 | Daily Necessities / Knitted Products / Gloves / Hats / Earmuffs |
| F3 | Sewing Thread & Tape / Shoes / Lace / Tie / Towel |
| F4 | Belt/Accessories / Scarf / Bra & Underwear |
| F5 | Tourism & shopping center / Garments / Shoes / Daily necessities / Frame / accessories |
International Trade Market District 5
| Floor | Products |
|---|---|
| F1 | Eyeglasses / Pen & Inks / Paper Articles |
| F2 | Outdoor products / Office & Stationery / Cultural & Sports products |
| F3 | Zipper & Button / Apparel accessories / Cosmetics & Beauty products |
| F4 | Factory outlets-cosmetics/beauty / Factory outlets-cultural & sports / Factory outlets-apparel accessories |
Address: No. 69, North Chouzhou Road, Yiwu, China
Opening time: 8:00 am – 5:00 pm
Other 7 Yiwu Wholesale Markets
When you come to Yiwu to purchase products, you will miss many other valuable sources if you only know Yiwu International Trade City (Futian Market).
The following are the top 7 Yiwu wholesale markets:
1. International Production Material Market
International Production Material Market opened in November 2013. The market has a total area of about 13 square kilometers, with a construction area of 750,000 square meters, five floors above ground, and one floor underground.
Unlike Futian Market, International Production Material Market mainly deals with machinery and equipment. It is also a center for lighting products and leather products.
| Floor | Products |
|---|---|
| F1 | printing raw materials / industrial electrical appliances / commercial logistics equipment / flower accessories |
| F2 | food processing machinery / printing and packaging machinery / power and power / generation equipment / ribbon weaving machine / injection molding machine / cutting tool |
| F3 | home decoration lights / commercial lighting equipment / holiday lights / outdoor engineering lights / LED lights and accessories |
| F4 | leather |
Address: No. 1566, Xue Feng West Road, Yiwu, China
Opening time: 8:00 am – 5:00 pm
2. Huangyuan Clothing Market
Huangyuan Clothing Market opened in May 2011. The market has become the largest clothing wholesale market in central Zhejiang Province, with a total floor area of over 420,000 square meters.
| Floor | Products |
|---|---|
| F1 | pants / jeans |
| F2 | men’s wear |
| F3 | women’s wear |
| F4 | pajamas / sweater / sportswear / shirt / and wedding / evening dress / sportswear/ women’s clothing |
| F5 | children’s clothing |
| F6 | Korea imported clothing city |
Address: Intersection of Jiangbin Middle Road and Huangyuan Road, Yiwu, China
Opening time: 8:30 am – 5:00 pm
3. Yiwu Furniture Market
Yiwu Furniture Market is located in the core area of the west of Yiwu City. The market is the only large-scale professional furniture market approved by the government.
It offers the highest quality modern furniture, supporting facilities, and the best market environment in Zhejiang Province.
| Floor | Products |
|---|---|
| B1 | common civil furniture and office furniture |
| F1 | sofa, software, rattan art, hardware, glass furniture and supporting service areas |
| F2 | modern board, children’s suites |
| F3 | European, classical, mahogany and solid wood furniture |
| F4 | wonderful space management fine furniture |
| F5 | business district, home accessories area, decoration design company |
Address: No. 1779, Xicheng Road, Yiwu, China
Opening time: 8:30 am – 5:00 pm
4. Digital Market
Yiwu Digital Market is the largest place to purchase cell phones, computers, LEDs, and various technology devices.
However, most businesses in the digital market tend to focus on retail sales for personal use. So, if you want to buy in bulk, you can transfer to Shenzhen and Guangzhou.
Address: No. 238, Binwang Road, Yiwu, China
Opening time: 8:00 am – 5:00 pm
You may learn more on our blog for China Electronics Market for details below:
Complete Guide 2022: Top 30 China Electronics Market
5. Communication Market
Yiwu Communication Market has the largest variety of telephones in the Yiwu market. Although you can also find some phone sellers in Futian Market, suppliers are more gathered in this market.
Address: No. 211, Binwang Road, Yiwu, China
Opening time: 8:00 am – 5:00 pm
6. Yiwu Material Market
Yiwu Material Market is one of the largest markets for construction and decoration materials, and it is a major distribution center for stone, aluminum, and ceramic products.
The market mainly provides various products such as aluminum, granite, ceramics, sanitary ware, stainless steel, plumbing pipes, glass, lamps, hardware, and steel.
Address: No. 199, Xicheng Road, Yiwu, China
Opening time: 8:00 am – 5:00 pm
7. Zhezhong Timber Market
Zhezhong Timber Market is central Zhejiang’s largest and highest grade wood distribution center. It is also the best place to purchase various building materials, including wood for flooring and other infrastructure.
Address: No. 266, Xicheng Road, Yiwu, China
Opening time: 8:00 am – 5:00 pm
14 Professional Streets in Yiwu Market
Not every supplier can set up a store in the wholesale market, so some suppliers set up stores on the streets. These professional streets form an integral part of Yiwu Market.
The following are the 14 Professional Streets in Yiwu Market:
| Name | Location | Products |
|---|---|---|
| Binwang Cosmetics Street | No. 238, Binwang Road | Cosmetics & Beauty products |
| Changchun Ornament Street | Intersection of Mall Avenue and Gongren North Road | Ornaments and accessories |
| Chengxin District 1 | Opposite to Gate 67, Yiwu International Trade City, Chengxin Avenue | Leather |
| Chouzhou North Gift Street | No. 601, Chouzhou North Road | Christmas goods |
| Futian District 2 Gift Street | Near No. 882, Gongren North Road | Christmas goods |
| Futian District 3 Jinfuyuan (Xingzhong Jewelry Street) | Intersection of Yinhai Road and Gongren North Road | Scarf |
| Huangyuan Bra & Underwear Street | Lane 6, Huangyuan Road | Bra & Underwear |
| Huangyuan Eyeglasses Street | No. 190, Jiangbin Middle Road | Eyeglasses |
| Jinfuyuan (Xingzhong Jewelry Street) | Intersection of Chengbei Road and Chouzhou North Road | Ornaments and accessories |
| Meihu Stock Street | North of Wuai Road | Overstock Clothing, suitcases & bags, toys, shoes, stationary |
| Sunshine Community | Intersection of Gongren North Road and Zongze Road | Culture, gifts, calendars, New Year pictures |
| Wuai Stock Street | South of Wuai Road | Overstock Clothing, suitcases & bags, toys, shoes, stationary |
| Zhanqian Furniture Street | No. 247, Chengzhong North Road | Furniture |
| Zhaozhai Street | Near No. 16, Zhaozhai Street 2 | Photo frame, Ceramic, Cigarette set, Lighter, Oil painting, decorative painting |
How Do You Buy from Yiwu Market?
Sourcing products in Yiwu Market can be challenging, especially if you are a newbie. With over 75,000 trading stalls in the market, it isn’t easy to find what you need.
In this huge marketplace, you can source products as the following methods:
1. Contact the supplier directly
In this case, you will need to visit the different stalls in person to find the specific product you need. This is an ideal method, especially if you are an experienced buyer or familiar with the market.
2. Hire an interpreter to communicate with suppliers
This method is effective for product sourcing as the communication challenges did exist, but it is more like action alone. Anyway, asking an interpreter for help always makes the sourcing process effective.
3. Hire a sourcing agent
Sourcing agents will help you visit the right supplier for your products, arrange payments, store your products, and ship them to the destination according to your instructions.
How to Deal with Yiwu Market Suppliers?
You must know how to deal with Yiwu market suppliers to get the best quality products at the right price. To deal with Yiwu market suppliers, you must consider certain important aspects.
Here are some tips for dealing with Yiwu market suppliers:
1 Speak in simple language
Yiwu market wholesalers can only understand basic English, such as how much, price, cheap, good, and other simple words. You don’t have to speak perfect English, and you just need to speak as simply as possible.
2. Negotiate the price with suppliers
Before you meet with the supplier, you should find out the product’s market price online. This is a prerequisite for you to negotiate the price with the supplier.
To finish the price negotiation effectively and shorten the process, try to deal directly with the manager or boss.
3. Confirm the product quality
When placing an order, you must thoroughly check the product quality. To check the quality, you can ask the supplier for samples, which they will be more than happy to share with you.
4. Ask to visit the factory
Try to ensure that they are a real factory, not a trading company that sells to you as a middleman. If they agree, since you are in China, set aside more time to visit the factory yourself, which will save you a lot of trouble in the future.
What are the Secrets of Yiwu Market?
Secret 1. In Yiwu Market, only 20% or 30% of the suppliers are direct factories, and the remaining 70% are trading companies.
Trading companies purchase from factories and then sell the products to you. So, distinguishing between these two types will save you a lot of money.
Secret 2. Not all products in Yiwu Market are made in Yiwu. For example, there are some electronic products made in Guangzhou or Shenzhen.
If it is important to your business, chat with the supplier and get as much information about the product.
Secret 3. Suppose you buy large quantities of goods from Yiwu Market. For example, you may get 3% discount and more if you order a whole container.
By contrast, if you buy only a few boxes, there will be little room for bargaining.
Secret 4. Many suppliers are willing to offer a small discount if you can pay the balance on delivery because this can take the pressure off their cash.
How to Buy from Yiwu Market Online?
In recent years, it has not been easy to travel. As you know, the global pandemic is blocking everyone from visiting China.
For foreigners, it is not easy to make a trip to Yiwu Markt. Therefore, you may consider visiting Yiwu Market online. Yiwugo.com is an official website for buying products from Yiwu Market.
It covers over 75,000 booths, 26 major categories, and more than 3.5 million products, including Yiwu International Market Zone 1 to Zone 5, Huangyuan Clothing Market, and International Production Material Market.
Moreover, if you click on those suppliers listed on the store page and go to their homepage, you will find more contact information about the suppliers, such as email, phone number, or WeChat ID.
Another valuable and exciting thing at Yiwugo is that you can find a 360-degree panoramic view the store on the supplier’s homepage.
With this panorama, you can simulate standing in the middle of a physical store to see all the presentations, the interior layout, and most displayed product samples.
In short, at Yiwugo, you can easily find the exact location and address of Yiwu Market suppliers, contact information, etc.
Differences between Yiwugo and other Wholesale Platforms
Yiwugo is a unique wholesale website. It belongs to Zhejiang China Commodity City Group and is the official website of Yiwu Market.
The suppliers on this website all have actual stalls in the market. It relies on the physical market and serves the physical market and buyers.
The main difference is that these wholesale platforms (Alibaba/Global Source/Made in China) were created to replace the traditional brick-and-mortar business model.
In contrast, Yiwugo was designed to help develop Yiwu Market.
You may learn more on our blog for China Wholesale Websites for details below:
Complete List 2022: Top 30 Best China Wholesale Websites
What is the Difference Between Yiwu Fair and Yiwu Market?
Yiwu market has become the world’s largest small commodity market, China’s main commodity export base, and foreign purchasing base in just a few decades.
Yiwu Fair has witnessed the legendary journey of Yiwu Market and brought more publicity to Yiwu Market.
The fair attracts traders, manufacturers, and resellers from all over the world, and most have become stable buyers of Yiwu Market after attending Yiwu Fair.
On the other hand, almost all the suppliers at Yiwu Fair speak English and know what FOB is. In Yiwu Market, only a few suppliers speak little English and do not know what FOB is.
The main difference is that Yiwu Market opens year-round and consists of many wholesale markets and professional streets. In contrast, Yiwu Fair is held only on specific days of the year.
What Can Sourcing Agents Do for Me in Yiwu Market?
What is a sourcing agent?
A sourcing agent provides a one-stop sourcing, consolidation, and photography solution.
As a customer representative, a sourcing agent usually receives a commission based on a percentage of the order value rather than taking possession of the goods.
What does sourcing agent in Yiwu Market mean?
Yiwu sourcing agents specialize in sourcing products for foreign customers in Yiwu Market, and they are the elite who prioritize sourcing for you in Yiwu.
Since Yiwu Market is the largest wholesale market in the world, with Yiwu sourcing agents, you no longer have to worry about the supply chain, and they will save you more time and cost.
What services can Yiwu sourcing agents provide?
When you come to Yiwu Market, you will be surrounded by thousands of sourcing agents of all sizes. The largest agents usually have at least 500 people, and the smallest agents usually have about 5 people or less.
Sourcing services in Yiwu Market are not limited to translation. Yiwu agents will help you with many things.
Here are the main services provided by Yiwu sourcing agents:
- Pick-up and drop-off service
- Hotel guidance
- Finding suitable suppliers
- Communicate with suppliers
- Bargaining
- Product development
- Sample arrangement
- Quality check
- Free warehousing
- Amazon FBA
- Export documents arrangement
- Shipping arrangement
- Import document processing
Tips: Not all Yiwu sourcing agents can provide the above services. You need a professional, experienced agent to help you get the high value of sourcing from Yiwu Market.
You may learn more on our blog for China Sourcing Agent for details below:
Complete List 2022: Top 100 Best Sourcing Agent in China
How to Find a Good Sourcing Agent for Yiwu Market?
If you are abroad but want to find a sourcing agent for Yiwu Market in advance, then you can search “Yiwu market sourcing agent” on Google, and you will find some agents.
However, finding a good Yiwu sourcing agent is not easy, you need to have a checklist as follows:
1. Record your needs accurately
Make a list of what you want from a Yiwu sourcing agent. Keep in mind the fact that business methods are different in every country. Don’t assume something is understood just because it is standard in your country.
2. Set your budget
Your budget is an important factor in choosing the right Yiwu sourcing agent. Determine the price you want to pay for your product and how much you will pay to an agent.
3. Business documents
A good Yiwu sourcing agent should have a business license and work permit because Chinese laws and regulations require it.
These legal documents are proof of registration in Zhejiang Province, China, and are the basis for paying taxes.
4. Referrals and testimonials
Old and new clients can easily be found on the agent’s website. Both positive and negative feedback can prove their work ethics. A good Yiwu sourcing agent will have more positive reviews.
5. Transparency
This is especially important when providing a breakdown of costs for all services. A good Yiwu sourcing agent should be able to explain every detail of the charges.
Moreover, a good Yiwu sourcing agent should allow you to visit the factory.
How Much Should I Pay for Yiwu Market Sourcing Agent?
There are over 1,000 agents in Yiwu Market, and you may be attracted by agents who claim to offer 3% commission or lower, and some even offer 0% commission. I suggest avoiding these low-cost agents and not being misled.
Unfortunately, there is no fixed commission rate for agents in Yiwu Market.
In this case, it is more reasonable and reliable for Yiwu sourcing agents to charge around a 5-10% service fee. This may seem high to some people, but it will save you a lot of trouble and risk.
In short, the commission of Yiwu sourcing agents varies based on the agent’s reputation and quality of service. You need to discuss the commission with the sourcing agent beforehand to avoid future disputes.
Remember that the commission is negotiable. It depends on the range, type, and requirements of the service.
Yiwu Market FAQ
1. How big is Yiwu Market?
Yiwu Market is the largest wholesale market in the world, and its length is about 7 kilometers. In the market, the goods are cheap and have most items you want, including everything from sports to toys.
2. When does Yiwu Market open?
Yiwu Market opens from Sunday to Saturday, 8:00 am to 5:00 pm.
3. Can I buy retail from Yiwu Market?
Most of the products in Yiwu Market are wholesale. There is no retail because suppliers only put samples in the store.
4. Who should go to Yiwu Market?
Buyers with large import volumes should go to Yiwu Market because shipping in a large container saves shipping costs. If you can’t even fit in a small container, you may have difficulty competing with them on price.
5. Is the price from Yiwu Market the same as the factory?
No, the price in Yiwu Market is not the same as the factory price. However, suppliers in Yiwu Market sell products at bulk purchases and have some discounts, so you can get products at the best price.
6. What is the difference between Yiwu Market and Canton Fair?
Canton Fair is a seasonal fair held in China in spring and autumn since 1957. Yiwu Market is a year-round market, open 7 days a week. So, they are not comparable.
Yiwu Market Conclusion
When you come to Yiwu, you will be surprised by its huge wholesale Market. No other countries but only China can have a wholesale market like Yiwu, and Yiwu Market is definitely the best place to buy cheap goods.
If you are not sure Yiwu Market has the products you may be looking for, please contact us. We are usually happy to let you know before you go to Yiwu, and it’s free.
I am Yan, the founder of Yansourcing, the best sourcing agent in China, who can quickly and safely help you buy and import from China.
