The turnover of China Yiwu International Commodities Fair is slightly down compared with last year
Updated: 2008-10-27

Over 6 days 2008 China Yiwu International Commodities Fair  has been closed  . with the global economic recession ,  the dealing amount and visitors all are less than lst year.

The Statistics show that the turnover  in this  fair is 10.36 billion , 4.9% less compared with last year,  among which, 0.949 billion US dollars is from exporting business accounting for 62.3%  of total  amount,  the top 5 fields of  trading   in this fair are  daily comsuming product, stationary, electronic items , hard ware and mechanic, and art and gift  items.

In this fair , totally  105000 visitors from  167 countries and districts  have taken part in , which saw  a  year- on year decrease of 4.5%,. Among all the visitor, there are only 16107 foreign visitors,  decreasing 5.3% compared with last fair.   

But there is one point to be . in this fair , 27% of  visitors are fomr europearn and US market , which is 4 % more than last year,. And only 59% of them are from asian market .  some experts  analyze that because of the influence of finacial turmoil and the decrease of European and US customer purchasing , Yiwu’s small commodity is expected to  be more competitive  with its low price to those customer.

Sponsored by Commerce Department and Zhejiang govermanet , based on the eminent yiwu small commodity market, the yiwu fair has been successfully held for 14 years, becoming the third  trading exibition only next to Candong Fairn and East China Fair.



Business news please hit>>More >> more information on Yiwu Wholesale Market:Here

 

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