Traders in Yiwu Confident about Trade Prospects

Currently, even with challenges like the coronavirus, China's foreign trade remains resilient and dynamic.  In November, China's exports surged 22 percent in US dollar terms on a yearly basis, while imports rose by 31.7 percent, according to data published by Chinese customs.

Now It’s less than a month before Chinese New Year, Yiwu, one of the world's largest small commodity trading hubs in East China's Zhejiang Province, , many firms are still making final efforts to shipping out last orders via expensive air transport. 

New COVID-19 cases in the province over the past several days also had impact on truck drivers and road transport, drivers need to provide 48-hour nucleic acid tests, so fewer drivers are willing to come, despite the challenges, Yiwu has ensured relatively steady supply for the customers all over the world.

The logistics segment from the customer to the plane did experience some impact, But overall transport operations are normal, just a little more expensive air shipping cost and maybe take more days for arrival.

Though some clients are still in Christmas holiday, some Yiwu exporters have told their buyers to make orders for 2022 starting now, especially the orders for some special holiday, like Valentine's Day, Easter, Ramadan, Eid, Halloween and Christmas, as early as possible so that exporters can book containers and ships in advance, to avoid any delay.