UK importers have become increasingly accustomed to dealing with exports from China in recent years and it is easy to understand why when you take a moment to consider just how powerful the Chinese economy has become. According to industrial analysts in the country, the trading city of Wenzhou has been a big contributor to Chinese exports in the recent past. For example, in the first three quarters of 2021, Wenzhou saw a year-on-year growth of 8.7 per cent in the volume of foreign trade that passes through its port.
With a population of some 9.5 million in this prefecture-level city, it is easy to see why Wenzhou has become so important to the trade of Zhejiang province and, more widely, the overall Chinese economy. Although the 9,000 or so exporting companies that operate in the city predominantly serve US and Latin American markets, the city is increasingly seen as a useful one for European importers, including those located in the UK. Barrington Freight can help you with everything you need to know if you are considering importing goods from a supplier based in the city, whether your business deals with wholesale items, electronic goods or clothing – plus much more besides.
Firstly, it is worth noting that Wenzhou is a port city on the south-eastern coast of Zhejiang province. This means that container ships leaving its large port will already be that bit closer to the Singapore Straits – through which all cargo vessels must sail to reach Europe – than those in ports further north, such as Lianyungang or even Shanghai. Secondly, for those businesses that prefer dealing with privately owned companies in the People’s Republic, it should be said that nearly all of the exporting firms in Wenzhou fall into that category. There are only a dozen or so state-owned exporters in the city.
All manner of finished goods can be purchased in Wenzhou ready for import into the UK. The city is probably best known for its mechanical and electrical products since south-eastern China is mostly geared up to this sort of manufacturing. However, all classes of goods pass through its port, so there are not many limitations for general importers to worry about. There is also a large international airport in the city, known as Longwan, that accounts for at least 38,000 tonnes of cargo each year.