Yiwu City in China is home to the largest small commodity wholesale market in the world. The markets cover an area of 4 million square meters — more than 3 times the area of the exhibition space at Canton Fair in Guangzhou. In fact, Yiwu markets are more like a permanent fair than a traditional wholesale market.
The exhibition halls are spacious, clean and well laid out. You can choose from 100,000 suppliers who offer 400,000 kinds of products every day from 9 a.m. to 5 p.m.
Yiwu is especially interesting for buyers who purchase many different products in smaller quantities. In Yiwu, you can order a smaller quantity but still get a better price than in the factory. The reason: the combined volume of orders is huge and the competition is fierce.