Wednesday, December 2, 2009

Small Commodity Mecca - YiWu (义乌), China

While you stroll through markets in China or anywhere in the world, there is a good chance that pretty scarf or intricate figurine you are eyeing came from this city called Yiwu. This small city of 2 million people located on the east central coast of China is famous for its small commodity and free market. Yiwu is also known as the "sock town" as it produces over three billion pairs of socks for Wal-Mart, Pringles and Disney annually. Yiwu is also known as China's number one producer of fashion jewelry. Other major categories include:
  • Arts & Crafts
  • Toys
  • Jewelry and Accessories
  • Stationary
  • Hardware
  • Apparel, bags, shoes
  • Small electronics
  • Textile
Trade shows of different categories are scheduled around the year. The largest international commodities Fair is usually held in late October at the Yiwu International Expo Center.
  • Exhibition Area: 120,000 square meters
  • Exhibition Booths of International Standard: 5,000
  • Exhibitors: More than 3,000
  • Professional Traders: 110,000
  • Overseas Traders: 17,000
  • Overseas Trading Group: 80
For upcoming trade shows click here.

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