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Korean: 한국 고객을 위한
Staff Answer
Feb 05, 2020 - 10:37 PM
Hi,
Thanks for your question. Allow me to answer it for you to the best of my knowledge. Yiwu is the world's most prominent city for international small commodity trading. Commodities from this market are exported to over 210 countries and regions. Every year, over 550,000 buyers come to Yiwu to source products and nearly 20,000 people from all over the world come to Yiwu to settle down. It is the largest wholesale market in the world, it has 75,000 booths and sells 1.8 million kinds of commodities in 26 categories. Buyers enjoy the lowest wholesale prices as the suppliers of the same category are all concentrated together. The competition among suppliers is so intense and the price has to be competitively low. Yiwu market offers low MOQ for small business startup, $100-$200 is enough for each product in stock. Therefore, buyers worldwide come to this largest wholesale market to purchase commodities in any quantity and in cheaper prices.
Importing, custom clearance takes lots on one's time, but this can be tackled by having sufficient knowledge of the process.ICEGATE is the government site where you can pay for custom duty and GST online and speed up the import procedure. Learn more about import procedure, here. Regards, go4WorldBusiness.com Team
Thanks for your question. Allow me to answer it for you to the best of my knowledge. Yiwu is the world's most prominent city for international small commodity trading. Commodities from this market are exported to over 210 countries and regions. Every year, over 550,000 buyers come to Yiwu to source products and nearly 20,000 people from all over the world come to Yiwu to settle down. It is the largest wholesale market in the world, it has 75,000 booths and sells 1.8 million kinds of commodities in 26 categories. Buyers enjoy the lowest wholesale prices as the suppliers of the same category are all concentrated together. The competition among suppliers is so intense and the price has to be competitively low. Yiwu market offers low MOQ for small business startup, $100-$200 is enough for each product in stock. Therefore, buyers worldwide come to this largest wholesale market to purchase commodities in any quantity and in cheaper prices.
Importing, custom clearance takes lots on one's time, but this can be tackled by having sufficient knowledge of the process.ICEGATE is the government site where you can pay for custom duty and GST online and speed up the import procedure. Learn more about import procedure, here. Regards, go4WorldBusiness.com Team
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