Orders Are Coming? Global Clothing Inventory Continues To Decline, Downstream Foreign Trade Sampling Increased; Yiwu Foreign Trade: Basic Recovery To The Level Of 2019!

As the world's largest wholesale market for small commodities, journalist visited the Commercial and Trade City to feel the popularity on the spot. Offline transactions were hot, and demands from various overseas markets were recovering. However, when it comes to whether the performance has returned to the level of 2019, many merchants implied that "there is still a distance".

The COVID-19 outbreak in early 2020 brought great challenges to all industries worldwide, and the small commodity industry in Yiwu, China was no exception. However, with the gradual control of the epidemic, the small commodity industry has gradually recovered its vitality.

During our visit to the Commercial and Trade City, we could feel the enthusiasm of the merchants and customers for transactions. The shops were busy, and the sales staff were passionately introducing various commodities to customers. The total transaction volume of the market is also steadily increasing, and overseas customers are returning one after another, which is a good sign for the recovery of the small commodity market.

However, merchants' attitudes toward the recovery of the industry were cautious. Many of them said that although the current situation is much better than last year, business has not yet returned to the level of 2019. The main reason is that the COVID-19 outbreak has caused great changes in global market demand and supply. On the one hand, some traditional sales channels have been blocked or disrupted, which has affected export orders. On the other hand, some emerging markets have emerged due to the epidemic, which has brought new opportunities for the development of the industry. Therefore, merchants need to adjust and adapt quickly to market changes in order to seize new opportunities and stay ahead in the competition.

In summary, the visit to the Commercial and Trade City has given us new insights into the recovery of the small commodity market. Despite the challenges posed by the epidemic, the industry has gradually regained its vitality through the efforts of all parties. We believe that with the continuous development of e-commerce and the promotion of the "Belt and Road" Initiative, the small commodity industry in Yiwu, China will usher in new opportunities for development.