According to statistics, the most popular non-oil products, which are exported from Nigeria are cocoa, cassava, rubber, wool, cotton, palm oil, wood logs (Iroko or Mahogany) groundnut oil, cashew, garlic, and other products. Nigeria mainly exports goods to Europe and Asia.

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Exporters sourcing goods need a form of assurance when purchasing the goods they want to export to ensure that the quality of the goods they’re buying will be exactly the same as agreed with the international buyer when an inspection is done at the port of loading.
To guarantee the quality of goods, international buyers and most exporters employ the services of inspection companies, but mostly world-class inspection companies that are known for their quality of service, age in the industry, and consistency in delivering on guaranteeing the quality of goods loaded before it arrives the destination country.
If you want to know which companies you can use to test and guarantee the quality of goods been shipped from a sourcing point to a loading port and eventually to a destination country.

The future is Agriculture. We should be able to feed our nation and export to improve our economy.

Export Market researcher

Every company out there requires some form of market research from time to time. They need to know what their consumers need and how to satisfy these needs, they need to know the latest trends in the market, and they need to know what their competitors are up to and how to stay ahead of the competition.

We sell Sheabutter. Get our smooth, natural and organic sheabutter.

Local wheat production in Nigeria is insufficient to meet domestic demand, and is relatively expensive. Consumers demand higher quality wheat flour-based products. Local importers consider Nigeria wheat as a high-quality product and suppliers are viewed as consistent, reliable suppliers.

How do you source finance for Export purpose? Do you know that commodity traders are expected to have a great understanding of how to successfully source and deliver the commodities they’re seeking trade finance for.
In some cases, commodity traders are expected to have 30% of the total commodity trade finance they need to execute the purchase and supply of the commodity.

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Starting an export business in Nigeria is one of the most lucrative business decisions you can make. The reason is because most export commodities are worth much more in the international market than they do in the local market. The business offers unlimited opportunities and ultimately unlimited profits.

Though you can make money selling any of these resources and commodities to the local market, you can make much more by selling to foreign countries where the commodities are of greater value. This explains why the export industry is one of the most lucrative business sectors in the country. If you are based in Nigeria and are looking to start a profitable business in the country, starting an export business is one of the best business decisions you can make.

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2 Hot-Selling Commodities That You Can Export To Make 100% Profit On Every Sale

Finding the right business to start up is one of the most difficult things many people have to face. The same applies to finding the right type of commodity to export.
The export business in its own right is a highly lucrative business to venture into, but determining the right type of commodity to export depending on the profit margins you’re targeting can sometimes be a problem.
While some exporters are okay with netting profit margins of between 10-30% per non-oil transactions, many others are uncomfortable with that, especially as an export cycle in a country like Nigeria is about 30 days, and so, would want to make the most of the time and possibly make up to or more than 100% profit on the commodity exported.
If you’re looking for high-margin commodities that can take your export business from 0 to 100% in 30 days.

Join us to learn of the 2 hot-selling commodities that you can export to make up to or more than 100% profits on every sale.

We can guarantee quality sheabutter. A large market exists for shea butter worldwide, particularly as it is organically produced. Shea butter is in high demand and is a wonderful product. It has a high prospect and sells well in the international market.

So What’s The First Thing To Know When Preparing To Price Commodities For Export?
First, commodities are mostly priced per Metric Ton, and one Metric Ton is equal to 1,000 kilograms. So if you are exporting bitter kola for instance, depending on the quality and more factors, the price could be $1500 per Metric ton; and since 24 Metric Tonnes of bitter kola fills up a 40 feet general-purpose shipping container, the value of the transaction would be $36,000.

The commodity trading market is a vast industry that has existed throughout history, as nations have always had a constant need to exchange goods and services in order to keep their economies growing. Commodities like oil & gas products, solid minerals & metals, and agricultural products are the basic commodities that drive the market. They’re traded all around the world with businesses in two countries acting as the key catalyst for the trades, while their governments provide the infrastructure needed to make it happen.

Join us in our Export training program to learn the commodity trading market and how best to go about it.

Shea butter Export

From chocolate, ice cream, and margarine, to face cream, lipstick, medicines, and soap, shea butter is increasingly in demand as a luxury ingredient for edible and personal care products globally.

It is a product found in most homes across the world, either in its raw butter form or in cosmetics products as women heavily rely on it because of its emollient properties that help solve skin problems such as wrinkles and dryness among others.

Africa’s largest economy literarily sits on a shea butter goldmine as the crop is grown in the wild in 20 of Nigeria’s 36 states, with Niger, Kwara, and Oyo states having the largest production areas, according to Nigeria Institute for Oil Palm Research (NIFOR).

“The opportunity to create wealth in the shea industry is enormous in Nigeria and Africa at large,” says Jubril Bokani, national president National Shea Producers Association of Nigeria (NASPAN).

“The conversion of 100,000 metric tons of shea nuts into about 48,000 metric tons of shea butter for export can generate about $72 million and economically sustain about 600,000 rural women,” Bokani explains.

“This shows that there exists a clear opportunity for Nigeria to create to wealth and employment to be driven by value addition and export of shea butter and cake,” he further says.

According to the Nigerian Export Promotion Council (NEPC), global demand for shea butter is estimated at $10 billion and projected to surpass $30billion by 2020.

When an agreement for the supply of agricultural produce is effected by an importer and an exporter, a set of quality specifications are usually agreed upon, and depending on what the importer plans to use the goods for, some chemical specifications would be agreed on.

If you’re shipping agricultural products based on an agreed set of chemical compositions, it is important that you ensure the goods you’re shipping matches the specifications, else, you should simply just agree to physical inspection.

Join us to learn all the important things you need to do before shipping any Agro commodity out of the country.

The fall in the international price of crude oil has made the Nigerian economy a mess. As companies continue to downsize and cut salaries, the country itself is moving towards other revenue streams. It’s a no-brainer that agriculture is the next big thing in Nigeria, and with people losing their jobs and businesses failing, one lucrative area to invest in is farming.

The term farming, may sound crude, local, and less-profitable. This was a grave assumption made in the past. Today, people know better.

To sell a product, you need a market for it. Where is the demand? Is it stable? Is it profitable in short and long term? Are there trade barriers? In export, your market is a country or countries with a demand for your product. So, how does an exporter go about finding this market?

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Happy weekend to all Shea customers. Wishing you a wonderful weekend.

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We specialised in selling of raw shea butter. Either in large quantity or small, here is where to get it. Call us now on 07033097160.

The import/export business is the key driver of growth or recession in any country. Depending on if there are more imports or exports than the other, the effects it has on every economy, including Nigeria’s, is always profound.

While this industry is largely run by the private sector, the government regulates all of the industries and still maintains some state-owned products like crude oil to be exported only by the country, with the help of brokers to facilitate a lot of the transactions.

You Should Be Ready To Communicate With Prospects In A Platform Most Comfortable For Them:

People are most receptive in a place that’s most comfortable to them, and if you’re not ready to meet them there, you might not be able to close any deals.

Some clients prefer to communicate via email, others WhatsApp, many others phone calls, physical meetings, WeChat, and much more.

It’s important that you find your client’s comfort zone and meet them there so that they can feel comfortable working with you and will always know you’ll do what you can to make them happy.

Export Financing
As an exporter you have to make sure you get your export financing right. Keep in mind that you must be able to fund your export contract, make sure you get paid, and more.

Five tips for financing
Seek help from bankers, financial and export experts
Explore available government grants and loans
Know the grants and loans available from local government areas and private parties
Factoring is a funding facility to consider for increasing your cash flow
Protect your export proceeds against non-payment risk through Export Credit Insurance

Money needed
Export business requires sustainable funding over a period of time. The amount of money needed for export is largely dependent on your product and export destination(s). It includes components like marketing and market access, as well as (direct and indirect) working capital

Starting an Export business in Nigeria comes with both its pros and cons. If executed well, the seller could rake in a whole lot of money. But if not well managed, significant losses could be recorded.

While most people believe exportation should cost you millions of dollars, going in as a broker and leveraging a wide network of local suppliers to supplement your goods sales will go a long way in helping you build a successful business that won’t just enable you to generate high revenues in widespread broker commissions, but will ensure you contribute positively to Nigeria’s or your own country’s GDP.

International trade can be richly rewarding. And the part of the financial spectrum you fall into depends on how much knowledge you have in the industry, how much information and experience you’ve garnered, and what type of decisions you make.

Sometimes, exporters make certain mistakes that can cause them problems. Join us and let's take you through the challenges Exporter face and sure ways through them, enabling you to earn more profit and reduce your risk to the barest minimum.

The first step in engaging in export is to identify, properly analyse, and conform with the requirements of the proposed importing countries. Thus, the exporter has to provide the commodities needed, their satisfaction, and documentations. Then a seamless export can be carried out.

“It has been severally identified by economic experts that agro-export is the surest and fastest way to shore up the increase in forex inflows and as such our government has spent a huge chunk of resources to initiate this process,

Presently, there is a huge demand for the Nigeria bitterkola. If you are a supplier, also get in touch.

About NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) was established in 1960. The Association is the umbrella organisation for various affliate member Chambers of Commerce within Nigeria. The Association's membership is voluntary and encompasses City, State and Bilateral Chambers; Business/Professional Associations; and Corporate Bodies. The Association champions the course of business through its advocacy role and influences public policies that promote free enterprise.

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