Introduction
World trade has constantly remained a cause behind economic expansion and inter-cultural interactions. Perhaps the most promising wholesale marketplace of the world lies in the form of China’s Yiwu International Trade Market. On our recent visit to this market, we were lucky enough to delve into the features of the Bharat Mart scheme, a section solely dedicated to displaying Indian items amidst this mega market. This project is a breakthrough for Indian exporters, with direct access to global buyers and increased international presence.
Yiwu International Trade Market Overview
Yiwu International Trade Market is the world’s largest small commodities market, which draws thousands of buyers from all over the world. It is a one-stop shopping destination for an array of products like home goods, textiles, electronics, accessories, and food products. Some of the main highlights of this huge trading complex are as follows:
- Global Reach & Influence
Yiwu International Trade Market spans an impressive 5.5 million square meters, featuring more than 75,000 booths across five districts. These booths showcase an enormous variety of products sourced from manufacturers and exporters worldwide. The yiwu international trade market plays a pivotal role in global trade, with buyers from over 200 countries visiting it regularly to source goods in bulk.
- A Hub for Small Commodities
In contrast to other large commercial centers that specialize in bulk industrial products, Yiwu is known for dealing in small commoditiesβmass-produced and popular goods. These are consumer products, kitchen utensils, office stationery, fashion accessories, among others.
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- A Gateway for International Trade
Yiwu is not just a marketplace but a bridge connecting suppliers and buyers. Due to its efficient logistics network, products purchased here are easily shipped worldwide, making it an ideal location for businesses looking to scale up their exports.
Bharat Mart: Showcasing Indian Excellence
The Bharat Mart project is a strategic initiative to enhance the visibility of Indian products in the very competitive Yiwu international trade market scenario. This pavilion is a specially designated area where Indian exporters can showcase their products, providing international buyers with genuine Indian products under one roof.
Major Objectives of Bharat Mart
- Increasing Indian Product Visibility
Bharat Mart provides a unique platform for Indian manufacturers and exporters to promote their products, thus enabling international buyers to source Indian goods directly.
- Encouraging ‘Make in India’
By making a robust Indian presence at Yiwu, Bharat Mart corresponds with India’s overall economic movement, ‘Make in India’, encouraging locally made products on a worldwide level.
- Enabling Direct Business Interactions
Rather than going through intermediaries, Indian exporters are now able to directly negotiate with international buyers in B2B transactions, building long-term business relationships.
- Enhancing Bilateral Trade Relations
By becoming an active part of international trade centers such as Yiwu, India enhances its bilateral trade relations with China and other nations, leading to overall economic growth.
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Implications for AquaConnect Exim
Being a company dealing in superior spices and food items, AquaConnect Exim perceives vast potential in the Bharat Mart venture. Our involvement in this trade pavilion may have numerous advantages:
- Increasing Global Outreach
The Yiwu international trade market crowd consists of purchasers from Europe, the Middle East, Africa, and Southeast Asia. By highlighting our high-end spices, we can access new markets and boost our global customer base.
- Establishing Brand Recognition
Bharat Mart offers a high-profile platform for Indian brands, which enables AquaConnect Exim to create a robust image in international spice trade. Having a presence in Yiwu translates into higher brand recognition and reputation.
- Direct Buyer Interaction
Another advantage of having an exhibit in Bharat Mart is to directly engage with international buyers. Yiwu international trade market exposes us to the market needs, enables direct feedback, and provides tailor-made solutions to our customers.
- Consolidation of Trade Relations
Yiwu is a market place for wholesalers, distributors, and retailers across the globe. With their participation in Bharat Mart, AquaConnect Exim can establish long-term relations, facilitating steady business expansion.
- Competitive Advantage in Spices Business
There is an increasing need for real Indian spices across the globe. With our positioning in a globally acclaimed market, we have a competitive edge over other suppliers and therefore our products reach more international traders.
About us
We bridge the gap between local producers and global markets, ensuring seamless trade facilitation with exceptional quality and reliability. We provide quick delivery services with customized packaging with all approval of International Certificates (Spices board India, MSME, IEC, fssai, FIEO, APEDA, EU certification,Β FDAΒ and Many More)
Contact us
Shop No. 3, Ganesh Prestige Sr. No. 2/15, Near Laxmi Jewellers, Dhanakawadi, Pune β 411043, Maharashtra INDIA.
Call On
+91 9545205050
+91 9822422584