Market Guide: How to Buy Wholesale from Yiwu Market?
Are you currently importing goods from Yiwu Market in China? One of the best things about Yiwu market is that they can accommodate very small order sizes – only one or two cartons is perfectly normal.
Yiwu won’t be a product paradise for some, maybe even most. But any buyer who currently buys or will buy something cheap can definitely make a small fortune, especially compared to buying the same product from local distributors and other middlemen especially in India, Mid-east, Africa…
Here, we are going to introduce how to buy from the Yiwu market step by step. Let’s start.
What Makes Yiwu Famous?
Yiwu market is famous for the largest wholesale market trading globally, featuring around 75000 or more booths that offer a massive range of products. The product niche is also unlimited and covers about 400000 different types of products in the market.
What Products You Can Buy from The Yiwu Market.
You will find that the Yiwu market is famous for the Christmas item, socks, home decor items… recent years. The Yiwu Market is relevant to buyers in any of the following industries:
Ornament and Accessories
Textiles, Shoes & Hats
Sports & Outdoor Products
Car & MC Accessories
Buy from Yiwu Market Pros
Buy from Yiwu Market Cons
The Quality of The Yiwu Market Products:
Yiwu’s cheap products obtained a big market share in the world for the price strategy. It’s famous around the world for cheap price, OK quality, small quantity, easy buy. Typical representative buyers of Yiwu products are supermarket like Dollar Stores, wholesale distribution.
Common Challenges When Buying from Yiwu Market:
However, it certainly has its challenges. We’ve collected the most common difficulties you may face when deciding to buy from Yiwu Wholesale Market. These will help you prepare and find the right help before you make a decision. These recurring challenges may be:
- language disability
- Products of varying quality from different suppliers or manufacturers
- Potential Shipping Challenges
- Vendor lacks necessary certifications
- Limited payment options
- Copies, imitations, polluted environment…
How Can You Import from The Yiwu Market?
Sheer agents or factory owners have their showrooms or shops set within the market. They then sell their products in the market which they represent or produce.
Bosses are usually less fluent in English, and they know little regarding foreign trade. The job of the boss is to maintain everything in control. He or she tries to keep the overall cost in the budget by hiring an employee who is a college or a high school graduate.
Employees don’t have much knowledge regarding foreign trade. So, the basic steps buy from Yiwu market are following:
Know your import rights
List the goods you want to import
Ensure that the products you wish to import are permitted in the country
Classify the goods and estimate the entire of the landed cost
Find the Chinese suppliers and place your order
Arrange a Yiwu warehouse for collect your orders
Track the cargo and get ready at the arrivals for pickup
How to Search for Yiwu Wholesale Market Suppliers?
There are 2 ways to find Yiwu market suppliers:
1. Visit the Yiwu Market Directly:
Are you able to go directly to the market or visit them along with an agent or translator? Then it advised comparing the prices of as many wholesale suppliers as possible to get the best price amongst them.
Usually, all the suppliers selling the same product are located in the same vicinity. You just need to go around similar suppliers and have a look at the prices.
Best Ways to Buy Wholesale Products from the Yiwu Market
We advise that it’s best to recommend that the buyer visit the Yiwu market themselves first and look at it. Then book an agent and go for confirming the details of the product.
Yiwu Futian Market Guide:
|Yiwu Market Guide
|1 floor||2 floor||3 floor||4 floor|
|toys, artificial flowers||jewelry||jewelry accessories,
art & crafts
|bags & cases,
umbrellas & rain wear
locks and other fittings
electronics & telecommunications,
watches and clocks
beauty, buttons &
beauty, buttons &
|for socks||daily necessities
|shoes, ribbons, laces,
other textile accessories
|bras & underwear, belts, and shawl|
|products imported||bedding, Chinese Knot,
textile raw materials
2. Search on the Official Yiwu Market Website:
where you can find all the relevant information regarding the suppliers online and their location in the market is one the online Yiwu market website:
However, the efficiency of searching for suppliers from the Internet is not very high, because the competitiveness of the Yiwu market is to update products quickly, and suppliers cannot update products to the Internet in time.
How Should You Communicate with The Yiwu Market Suppliers?
Use a Translation Tools:
You need to communicate with them in basic English as they can only understand simple English terms. Just inquire about how much price, whether cheap or expensive, good or bad, and others. Use your fingers to point out the products which you want to buy.
Once you choose it, then the suppliers will tell you about the price regarding the RMB with the help of a calculator. Pay attention to the fact such as the suppliers will only accept RMB currency and no US dollars.
Sellers can only communicate in this way, so it’s better to pay the cash for small stock and get it delivered to your hotel.
Hire a Translator:
However, if you plan on discussing the product manufacturing, customizing the product, or developing private labels for products, you should search for a translator and bring one with you for simple communication.
The translator can help you to communicate with the market supplier easily. You will need to pay around 300-500 RMB, that’s around $50-$80 for hiring a translator.
Hire a Yiwu Sourcing Agent:
However, bear in mind that the translator’s job is only to help you communicate with the supplier. He or she might take you around in the entire wholesale market.
But once you place the orders, it’s not the job of the translator to inspect and get your orders delivered once you leave the market.
But if you are planning to buy bulk orders in the purchase, customize products, collect your goods and do shipment arrangements to your country, then you’ll need to hire a Yiwu agent.
How Can You Deal with The Yiwu Market Suppliers?
1. Select the suppliers selling the specialized categories:
Some market suppliers in Yiwu market sell a mix of all the products while some sell only a single category. If you are planning to seek a specialized supplier, then choose the one who has a range of various products.
The specialized supplier will offer you the best prices, the better quality of the products, and secure shipping and such suppliers are more familiar with the vast range of products.
Such suppliers who deal in various categories usually have many cooperative factories. However, suppliers who sell multiple products are not that professional compared to the supplier who just sticks to selling one type.
2. Make sure to check the product quality:
When you are ready to make a massive purchase from the Yiwu market suppliers, it’s better to make sure that the production of an enormous range of products is also the same and with good quality, similar to the sample product. It’s better not to assume that you’ll receive the same product quality as the sample when buying in bulk.
It’s better to undergo double confirmation and check it yourself while communicating with the supplier. In most cases, you’ll surely be surprised by what you received and what you ordered in the market. You’ll be surprised at the product quality, size, material used, color, and weight. All these features can be altered in comparison to the sample you chose.
3. Negotiate for the prices:
When going for negotiating the prices, the prices are not that different for various quantities. If you are buying the product in bulk, let’s say you want to buy 1000 pieces, then the supplier might offer a reasonable price, and some suppliers can also provide you with an additional 3-5% discount on the entire order.
Some people assume that if they directly ask the supplier for around 10000 pieces, they’ll get a massive discount, such as 10-20%. However, this is not true whether you place an order for 1000 articles, you’ll get the same discount by the supplier.
Don’t get surprised by this fact as the suppliers won’t believe you at first for buying 10000 pieces immediately. They know that it’s just a trick for them to offer you the best lowest price for the orders. Don’t get surprised and get this fact that the price will remain the same for 1000 and 10000 pieces with a limited discount.
Beside Yiwu Market: Canton Fair vs. Global Sources Tradeshow vs. other Markets
China Trade Fairs:
HKTDC Lighting Fair
|Guangzhou||Oct/April||Depending on each phase; 3 phases|
|Guangzhou||Oct/April||Depending on each specific show: Lighting, Electronic, Textile and Gifts|
|Hong-Kong||Oct/April||Depending on each specific show: Home, Electronic, Textile and Gifts|
|Shanghai||March||All kinds of consumer goods|
One of the best ways to find Chinese wholesale suppliers is to participate in the Guangzhou Import and Export Commodities Fair. Although this is not online, it is still perfect, and you understand this resource. (Because of COVID, it has an online trade show)
The Canton Fair is held twice a year in Guangzhou, China (usually at the end of May and early November) and is one of the largest sourcing exhibitions in the world. Like the Canton Fair, the Global Source Trade Show is another huge exhibition where factory owners worldwide gather twice a year.
The value of the Global Source Trade Show is that it is held just before the Hong Kong Canton Fair, so you can easily click on two shows in the same itinerary!
The Global Source contains China wholesale suppliers in specific vital categories, such as electronics and fashion accessories. The most significant benefit of Global Source may be the accessibility of its exhibition: First, it is in Hong Kong, which means that most Western buyers don’t even need a visa (unlike the Canton Fair, which will require some embassy to permit)
These are just some common China top wholesale markets below. In China, there is even a sizeable annual exhibition dedicated to purchasing tires. Buyers should consider what their priorities are and make a corresponding purchasing decision.
Other China Local Markets:
|Wholesale Product Categories||China Wholesale Markets|
|Bags||1. Baoding Baigou Bags & Cases Trading Market
2. Guihua Gang Leather Bags Market
3. Yiwu International Trade City, District 2
4. Nantai Suitcases & Bags Wholesale Market
|Bridal Clothes||1. Huqiu Bridal City|
|Commodity||1. Yiwu International Trade City
2. Wuai Small Commodity wholesale market
|Ceramics||1. Shiwan Shagang Ceramics Wholesale Market
2. Jingdezhen Ceramics Market
|Clothes||1. Hangzhou evergreen clothing market
2. Guangzhou Shahe Clothing Market
3. Hangpai Boutique Costume Market
4. Xinhangpai Leisure Fushicheng
5. Guangzhou Baima clothing market
6. Guangzhou Thirteen Hongs of Canton
7. Huangyuan Clothing Market
8. Baohua Baima Costume Wholesale City
|Electronic||1. Huaqiang Bei Electronic World
2. Yiwu International Trade City, District 2
|Furniture||1. Yiwu Furniture Market|
|Glasses||1. China Danyang Glasses City
2. Duqiao Zhejiang Glasses City
3. Yiwu International Trade City, District 3
|Hardware||1. China Technology Hardware City
2. Shanghai Hardware City
3. Yiwu International Trade City, District 2
4. Yiwu Material Market
|Jewelry||1. Shuibei International Jewellery Exchange Center|
|Leather||1. Haining China Leather City|
|Down Leather||1. Gaoyou Down Feather Economic Development Zone|
|Machinery & Accessories||1. Linyi Car & Motorcycle Fittings Town
2. Yiwu International Production Material Market
|Shoes||1. Guangzhou Metropolis Shoes City
2. Yiwu International Trade City, District 4
|Silk||1. Hangzhou Chinese Silk City
2. Eastern Silk Market China
3. China Textile Town
|Socks||1. Datang Stocking Industry Market
2. Yiwu International Trade City, District 4
|Stationery||1. Guangzhou Chaoyang stationery market|
|Toys||1. Wanling plaza
2. Shantou Chenghai Plastic City
3. Linyi Yongxing International Toy Profession Wholesale City
4. Jiuzhou Stationery Toy Wholesale Market
|Textile||1. China Textile Town|
Yiwu Wholesale Markets Lists Beside Yiwu International Trade City
1. International Production Material Market
Product category: machinery & equipment lighting products, and leather goods.
Address: No.1566, Xuefeng West Road
2. Huangyuan Clothing Market
Product category: clothing market
Address: Intersection of Jiangbin Middle Road and Huangyuan Road
3. Yiwu Furniture Market
Product category: large-scale professional furniture market
Address: No.1779, Xicheng Road
4. Digital Market
Product category: retail digital business for individual use, assembled computers, brand laptops, projection equipment
Address: No.238, Binwang Road
5. Communication market
Product category: mobile phones, digital cameras,etc
Address: No.211, Binwang Road
6. Yiwu Material Market
Product category: metal materials, stone, ceramics, and lighting hardware.
Address: No.199, Xicheng Road
7. Zhezhong Timber Market
Address: No.266, Xicheng Road
8. Yiwu stock street:
Wu’ai Specialized Stock Street (wuai area)
Meihu Specialized Stock Street (meihu area)
Xiawang Specialized Stock Street (xiawang area)
How Does the Yiwu Agents Company Support the Purchasing and Exporting of the Buyers?
For sourcing activities in most cases, you need an agent for assistance. These agents can help in arranging the visit, accompany you when you visit the market. The agents can then go to collect orders, inspect them, and finally send your products for shipment.
Of course, it’s understood that the agents will charge a percentage of commission from the entire order value ranging from 3-10%. It all depends on what you are purchasing and how much is the quantity.
You can also find some agents who only charge a 1% commission and dozens of ultimate services without any extra charges. It does sound like a miracle, but it’s true.
If you are from inside the industry, you must know that 1% is very less for the agents to survive. If you find someone who charges you with a 1% commission, then they have some skills to earn money cleverly without you knowing about it.
Pros of Hiring Yiwu Agent Service:
Hiring an agent makes all things easier and simpler for you. Sourcing directly from Yiwu without the help of an agent seems like a mission impossible. It is because you don’t have your warehouse to collect all the orders, no title through which you can ship the containers, and there won’t be any individual who can inspect your orders directly.
Agents can also help the buyers to achieve the best and reasonable prices. Agents are in connection with different suppliers due to which the suppliers also offer them with stunning discounts.
Cons of Hiring Yiwu Agent Service:
The cons of hiring an agent only come if you hire a wrong agent. When you visit any agent’s website, you might find it promising. Still, most of them are incapable, inexperienced, have no connections, or lack warehouses. The agents also tell lies, charge you with additional costs, make mistakes, and make use of slow container lines that too at lower prices.
How to Find Yiwu Market Agent?
Given the advantages and disadvantages you can get from a Yiwu buying agent, you may question how to find a good agent to cooperate with.
First, you should know A perfect Yiwu agent supports the entire process for you so that you enjoy an excellent purchasing experience:
- Agent Sourcing Rates
- General Service Types
- Supplier Sourcing
- Arrangement of Samples
- Shipping Arrangement
- Inspection of High Quality
- Warehousing Service
Here 3 common ways for how to find agent in Yiwu:
1. Online search.
You can search google for “Yiwu Market Agent“, then you will find many Yiwu agents. Just choose one you like.
2. Yiwu local search.
You will see many commercials for Yiwu agents at the airport, station, and even your hotel lobby when you enter Yiwu. Please choose one of them and then do good research.
3. Middle east and Africa Fellow countryman
I also want to give something personal experience. You will find somebody export business in the Yiwu market directly to your country from the Middle East and Africa. They can communicate with you using your native language.
Tricks of The Yiwu Agents Which You Should be Aware:
Once you start dealing with the Yiwu suppliers, you must know the simple tricks to stay safe and get the products at the best prices.
Have a look at the tricks of Yiwu agent service before you purchase in the Yiwu market:
· Keep changing the suppliers:
There are various suppliers in the Yiwu market, so there is a whole range of suppliers, and some agent will choose the cheapest one.
To obtain more profits, they will constantly change suppliers to get the cheapest products. But the consequence of this is that the stability of your product cannot be guaranteed. But they don’t care about it.
· Ask your suppliers for kickback:
Some suppliers in Yiwu market offer kickbacks to the agents. The agents also source their products from these suppliers.
· Ask the suppliers to cut down the prices:
It will result in inferior quality products for the buyers as the agents ask the supplier to reduce the price. Your Yiwu agent need to compromise on the product quality.
How to Shipping from Yiwu?
Different logistics methods can make a vast difference both in transit time and freight charges. Therefore you always need to determine which method will be the most cost-effective one.
Air Freight (DDP)
Ocean Expedited Freight (DDP)
Ocean Freight (FCL/LCL-most buyers choose)
Train Freight (DDP)
The “Yixinou railway” starts from Yiwu and passes through Kazakhstan, Russia, Belarus, Poland, Germany, France, and Madrid.
The Yixinou Rail shipping can save about 50% of the shipping time, and the cost is only half or less than that of air freight. Need Yiwu train shipping agent ? With rising freight rates, rail transportation is also a good option.
Buying from Yiwu Market Conclusion
The size of the Yiwu wholesale market is astounding! Apart from China, no other country has a wholesale market like Yiwu, and it is barely noticed by most importers. Apart from China, no other country has a wholesale market like Yiwu, and it is hardly noticed by most importers.
The market is a certain distance from Guangzhou and Beijing, however, it is less than 2 hours from Shanghai. If you are in the Shanghai area and have a day or two, this is definitely worth a visit as it definitely has a lot of potential for some buyers.
If you’re unsure how to buy from Yiwu market, reach out to a us and we’ll often be happy to let you know before you make the trip to Yiwu, free of charge.
Yiwu Market Guide FAQ
Is Yiwu market available online?
Some people are not convenient in placing orders online, and they prefer visiting the market personally. For purchasing a few products, you can visit the Yiwu official website and purchase as there are several suppliers on the Yiwu website.
Yiwugo.com is an official website for purchasing things from the Yiwu market. There are thousands of suppliers present online who are selling products online. MOQs are also present online, which allows you to identify whether they comply with your needs. You can find several suppliers online who are selling the same thing.
How can we buy from the Yiwu market?
Mostly, you need to hire an agent to assist all the sourcing activities. They help arrange the visit, accompany you in visiting the market, collect orders, perform an inspection, and ship the products to your country.
Yiwu market guide how to send?
Find an import and export Yiwu shipping agent to help you. These agents use couriers the most, so they always know how to send out your parcel at a lower price. Many of them cooperate with couriers like FedEx, DHL, TNT, UPS, and EMS. They can have a discount as low as 55% off sometimes.
Where is Yiwu international trade market?
Yiwu International Trade City(Chinese: 义乌国际商贸城), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. Zip Code 322000.
When is Yiwu International Trade City open?
Yiwu International Trade City is open:
- Sun-Sat 8:00 AM – 5:30 PM
How do I get to the Yiwu market?
- By airplane
- By train
- By bus
If you prefer taking the train to Yiwu, you need to take subway Line 2 to arrive at Hongqiao railway station (虹桥火车站 terminal station) first, then buy a high-speed train ticket to Yiwu. The train leaves Shanghai every 5-10 minutes every day from 6:00 to 20:00, and it only takes 1.5 hours to Yiwu market.
How far is Yiwu from Guangzhou?
The distance between Yiwu and Guangzhou is 968 km. The road distance is 1163.3 km.
How far is Yiwu from Shanghai?
Their distance is 280 km (174 mi), and the Shanghai – Yiwu high-speed train travel is the best option. The journey takes 1.5 – 2.5 hours and a second class seat costs CNY123. Shanghai Pudong Airport has direct buses to Yiwu, taking 4.5 hours and costing CNY180.
Who should go to the Yiwu market?
You can theoretically buy one carton from this shop and one carton from that shop here, but the overall cost plus shipping, duty etc., will be high.
A seller who imports a huge quantity should go to the Yiwu market. Shipping by big containers is what the big importers from your country are currently doing now. They can save lots of shipping costs. If you can’t fill up even a small container, you will probably hard to compete with them for price.
How to get futian market yiwu from media?
Because it is a physical market, it is difficult for you to learn a lot of meaningful Yiwu market information from the media.
How big is the yiwu international trade market in shanghai?
The yiwu market is not in Shanghai. Yiwu International Trade City(Chinese: 义乌国际商贸城), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. Zip Code 322000.
Yiwu trade city quartz explore where made in china meets the international market?
You can explore quartz in G3 and G4, D2, Yiwu International Trade City. Wall clocks can also be found on 3F, D1 in Yiwu Market International trade city.
Where is the biggest market in China?
Yiwu International Trade City is the biggest market in China. Yiwu International Trade City(Chinese: 义乌国际商贸城), also known as the Yiwu Market or Futian market, is the primary wholesale market located in Yiwu, Zhejiang, China. It is the world’s largest small commodities wholesale market, according to the World Bank report.
Is Yiwu safe for tourists?
Yes, Yiwu is a very safe tourist city, where there are foreigners worldwide.
How big is the Yiwu market?
Yiwu International Trade Market is the biggest wholesale market in the world. Its length is 7 km. Here you will discover a wide display of products, among them tools and jewelry.
Is Yiwu market open on Sunday?
Good hotels near Yiwu market?
Does Yiwu Market still open during Coronavirus?
All overseas buyers need to be quarantined in mainland China for 14 days before entering the Yiwu market.