Yiwu’s foreign trade orders are booming!

According to statistics, every year, billions of dollars worth of foreign festival gift supplies are exported from Yiwu to all over the world, accounting for nearly 80% of the global market share. At present, Yiwu International Trade City has once again entered the peak season for ordering foreign festival gifts and supplies.

Reporters saw in the foreign festival gift and supplies section of Yiwu International Trade City that many foreign buyers were purchasing products in the store.

Australian purchaser Jamie Walters: I arrived in Yiwu very early because it takes as long as two months to transport the goods to Australia. Australian retailers usually put their products and decorations on the shelves three months before the festival, so I need to purchase and stock up in advance to ensure that my products are on the shelves and get ready for the important festivals of Australians.

Due to reasons such as production and transportation, this time of year is the peak season for ordering foreign festival gifts. As the world's largest production base for foreign festival gifts and supplies, Yiwu has a complete industrial chain covering production, sales and packaging, with over ten thousand varieties including toys, festival clothing and festival lighting fixtures. Here, purchasers can buy all kinds of foreign festival gifts and supplies in one stop.

Lu Furong, a business owner at Yiwu International Trade City: I've been quite busy recently. The order volume is quite good. For us, this year is actually a little higher than last year. Our main shipping destinations are the major countries in South America, the Middle East and Europe. This is because our product range is quite comprehensive, each with its own unique design, which is very popular among customers.

Although the current international trade situation is complex, in Yiwu International Trade City, many business operators told reporters that as of now, their order volume has not decreased but increased instead.

Wang Jinjing has been selling foreign festival gifts and supplies in Yiwu International Trade City for twenty years. At this time of year in previous years, American customers should have placed orders by now, but this year there has been no news yet. But Wang Jinjing wasn't panicked at all. By changing her previous approach of only taking large orders, she was more than capable of handling the situation.

Wang Jinjing, a business owner at Yiwu International Trade City, said, "For instance, in the past, we might not have been able to handle orders in time. We wouldn't accept orders from customers from other countries with relatively small quantities. Now, we definitely take on orders with small quantities."

In Yiwu, there are quite a few business operators like Wang Jinjing. One reason is that the export structure of the Yiwu market is diversified, and the proportion of American customers is less than 10%. The second reason is that foreign festival gift items have obvious seasonality, and the production time of the supply chain is limited. The products are in short supply, and some orders are affected. Soon, new orders will take over.

In addition, Yiwu enterprises have proactively adjusted their market strategies, delved deeply into emerging markets such as ASEAN, Central and Eastern Europe, and Latin America, and helped Yiwu expand its global market by organizing enterprises to participate in overseas exhibitions, building cross-border e-commerce platforms, and setting up overseas warehouses.