YIWU CCC(SH:600415) 券商中国·2025-04-10 03:15Core Viewpoint - The article discusses the resilience of Yiwu's small commodity market in the face of U.S. tariff policies, highlighting the market's strong supply chain, diverse export destinations, and competitive pricing as key factors for maintaining growth despite external pressures [3][4][12]. Group 1: Market Overview - Yiwu is recognized as the world's largest small commodity distribution center, often referred to as the "world supermarket" [3]. - The market has shown strong adaptability, with local businesses continuing operations normally despite the looming threat of U.S. tariffs [5][6]. - Yiwu's export to the U.S. reached 83.57 billion yuan in 2024, making it the largest export market for Yiwu [11]. Group 2: Business Sentiment - Local business owners express confidence that U.S. tariff policies will not significantly impact their sales, citing the competitive pricing and quality of Yiwu products [6][9]. - Business owners like Wang Xuxue and Jiang Jiangping report that their U.S. clients remain committed to purchasing, indicating a stable demand for Yiwu products [6][8]. Group 3: Export Dynamics - Yiwu's exports to the U.S. have shown significant growth during previous trade tensions, with export growth rates of 11.98%, 25.14%, 33.04%, and 64.8% during Trump's first term [12]. - The market's diverse product offerings, with over 2.1 million SKUs, ensure a steady demand, particularly for essential goods [13]. Group 4: Competitive Advantages - Yiwu's small commodity market benefits from a strong supply chain and cost advantages, allowing it to compete effectively against U.S. products [13][18]. - The market's ability to maintain low prices, even in the face of tariffs, is attributed to its efficient production processes and strong supplier relationships [10][13]. Group 5: Future Outlook - Despite the challenges posed by U.S. tariffs, Yiwu businesses are optimistic about exploring new markets and diversifying their customer base, particularly in Asia, Africa, and Latin America [15][16]. - The article suggests that the ongoing trade tensions may lead to a restructuring of global supply chains, but Yiwu's market resilience and adaptability position it well for future growth [18].