Disclosed is a vending machine, including a cabinet, a bucket, a bucket drive mechanism, a first shutter mechanism, a second shutter mechanism, a controller and a storage column; a pickup port is arranged at the surface of the cabinet; the storage column stores the commodities; the bucket includes an inlet and an outlet; the inlet receives the commodity to be conveyed from the storage column, and the outlet is butted with the pickup port; the bucket drive mechanism drives the bucket to move in the cabinet; the first shutter mechanism blocks or opens the inlet; the second shutter mechanism blocks or opens the outlet; the controller controls the first shutter mechanism to open the inlet and the second shutter mechanism to block the outlet in the process of commodity to be conveyed entering the bucket. Further disclosed is a commodity conveying method.