China's small commodity hub plans to double cargo trains to Europe in 2020

13.01.2020

Yiwu plans to send 1000 cargo trains to Europe in 2020.

The eastern Chinese city of Yiwu, home to the world’s leading small commodities market, plans to send 1,000 cargo trains to Europe in 2020, almost doubling the number in 2019, according to the local government.

The China-Europe train service has developed rapidly in Yiwu since it was first launched in the city in 2014. In 2019, 528 cargo trains were sent, a 65 percent increase compared with the previous year.

The service now has 11 routes linking Yiwu with 37 countries and regions across Eurasia.

Yiwu has seen booming trade with countries along the Belt and Road, with exports expected to increase by 11 percent in 2019.

Analytics on topic
Report
28.12.2023
Report
28.12.2023
Cargo flows between Uzbekistan and the European Union: opportunities and constraints for rail transit

On account of strategic position of Central Asian countries between Europe and Asia, the European Union is becoming ever more actively interested in a stable partnership with the countries of Central Asia, and seeks to develop relations not only with Central Asia as a whole, but also with each individual state in the region

Report
30.09.2021
Report
30.09.2021
Rail Container Transportation in Eurasia in the First Half of 2021
In the first half of 2021, 336,598 Twenty-Foot Equivalent Units (TEUs) were transported along the Eurasian railway transit route in the China—Europe—China direction, which is 50% more than in the first half of 2020.