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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Net revenues (including $88,684 and $238,824 from related parties for the years ended December 31, 2023 and 2022, respectively) $ 4,236,565 $ 9,234,079
Cost of revenues (including $608,872 and $1,302,498 from related parties for the years ended December 31, 2023 and 2022, respectively) 2,255,306 4,593,405
Gross profit 1,981,259 4,640,674
Operating expenses:    
Selling and distribution expenses 57,422 61,047
General and administrative expenses 5,636,052 4,685,932
Impairment loss on intangible asset 979,428
Impairment loss on goodwill 444,012 863,833
Operating loss (4,156,227) (1,949,566)
Other income (expense):    
Other income 19,784 10,551
Interest income 78 260
Interest expense (38,389) (31,444)
Other expense, net (18,527) (20,633)
Loss before income tax (4,174,754) (1,970,199)
Income tax expense 96,445 186,480
Net loss (4,271,199) (2,156,679)
Less: Net loss attributable to noncontrolling interests (224,584) (213,956)
Net loss attributable to Fortune Valley Treasures, Inc. (4,046,615) (1,942,723)
Other comprehensive loss:    
Foreign currency translation loss (237,872) (807,766)
Total comprehensive loss (4,509,071) (2,964,445)
Less: comprehensive loss attributable to noncontrolling interests (237,092) (296,591)
Comprehensive loss attributable to Fortune Valley Treasures, Inc. $ (4,271,979) $ (2,667,854)
Earnings (loss) per share    
Basic earnings (loss) per share $ (0.26) $ (0.12)
Diluted earnings (loss) per share $ (0.26) $ (0.12)
Basic weighted average shares outstanding 15,655,038 15,655,038
Diluted weighted average shares outstanding 15,655,038 15,655,038