What is the Difference Between FOB and CIF?

Cost, Insurance, Freight (CIF) puts the liability of payment for – you guessed it – cost, insurance, and freight on the supplier.

This means that your shipment is in the proverbial hands of the supplier through the process of transporting them to a port and loading them aboard a ship. They also cover insurance costs.

The buyer still pays additional fees like customs clearance, however.

Depending on the agreement with your supplier, your goods may be considered delivered at any point between the port of destination and your final delivery address.

CIF is a more expensive contract option than FOB, as is demands more effort and expense on the part of the supplier.

The Naira dollar exchange rate keeps on ballooning to the moon. Now is time to earn foreign currency through Exportation of agricultural commodities. Talk to us and let's put you through the export process.

We have dried ginger and processed cashew nut contract available for export execution.

Dried Ginger Details

Total Ash 8% Max, Acid Insoluble Ash 2.2%
Max, Moisture Content 12% Max, Total Oil
1.5% Min, Admixture 2% Max

Packing - 25kg

Quantity - 10 Container 40ft

We have dried ginger and processed cashew nut contract available for export execution.

W240, W320, W180, Processed, No Smell, No
Chemical


25 Kg Bags
10 Kg Vacuum
Plastic Bags
10 Containers 40ft

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Blessed Sunday

Melon as an Exportable Commodity

Melon Seeds (Egusi) has many uses; in addition, it has lots of nutritional values such as low calories, magnesium and protein. For this reason, melon seeds are high demand all over the world.

Despite the fact that Nigeria farmers face different obstacles; such as lack of finance, poor agricultural infrastructure and others, Nigeria is still ranked as one of the global leading country for melon exportation in the world. As a matter fact, melons remain top Export Products in the country.

BUSINESS POTENTIAL

What is the business potential of agro-export trade? With cashew nut and in specific, the kernel in introspects, cashew kernel export is a promising market. According to recent statistics from NEPC, Germany, Netherlands, United Kingdom, Poland, France, Japan, United Arab Emirates, Canada, Lithuania and Ireland are the top ten markets with the largest untapped potential for Nigeria cashew kernel export. Vietnam is currently the largest export destination for Nigeria cashew kernels with average yearly exports of 3.4milliona dollars. It is also Nigeria’s largest competitor on a global scale. Poland is a small market for Nigeria but France is a new market.

For ginger, untapped markets exist in Netherland, United Kingdom, Pakistan, Japan, Bangladesh, Canada, Malaysia, Germany, UAE and Italy. Estimated untapped potential is largest in the Dutch market with 4.5 million dollars of additional export to be reached up till 2021. The Netherland and UK are very interesting. There is a lot of additional export potential there. Try to access new markets like Pakistan, Japan and Bangladesh. Also, keep trying to expand export in Germany and the UAE.

Sesame seeds also offer promising markets with Asian countries leading the pack. China, Japan, Korea Republic, Mexico, Poland, France, Lebanon, USA, Canada, and the United Kingdom are the real markets. A real market is a positive market with China, the largest estimated untapped potential for Nigeria with over 110 million dollars in value. Sesame seed exports from Nigeria offers plenty of room for growth with over 170 million dollars untapped potential for the ten interesting destinations. Finally, try to increase focus on emerging markets of South Korea, Mexico and Poland

Business opportunities abound in agricultural commodities Export business

Blessed Sunday

It is better for Nigeria to Export than Import. If you import more than you export, more money is leaving the country than is coming in through export sales. On the other hand, the more a country exports, the more domestic economic activity is occurring. More exports means more production, jobs and revenue.

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The demand for Nigerian Agro commodities is on the rise abroad. We have a comprehensive list of "100 Verified buyers of Nigeria Agricultural commodities especially in Europe and Asian continents".

Blessed Sunday

We have dried ginger and processed cashew nut contract available for export execution.

W240, W320, W180, Processed, No Smell, No
Chemical


25 Kg Bags
10 Kg Vacuum
Plastic Bags
10 Containers 40ft

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Our Export training programme is still Available. The demand for Nigeria Agro commodities in International market are on the rise. Book a space and let's an expert help you navigate and resolve your great Export challenge.

It doesn't matter if you are a new comer testing International waters for the first time or an established exporter looking to grow your business abroad, your main challenge is always to find the right market and buyers for your goods and services you provide.

Honesty, selling in an unknown country is never easy. There are physical distance, cultural barriers to consider and language among other things. Luckily, we live in a time where technological advances have shrunk our world and brought us closer.

A Powerful 5-Step System To Getting A Lot Of Inquiries From International Buyers

Getting international buyers for any import/export business can be really tough. No matter how successful an international trade company appears, the road to prosperity was very long, rough, and doubtful, and this is because every single new or early exporter is competing with tens, hundreds or thousands of other people at the same time for the attention of the end clients.
But rather than chasing clients, how about making them come to you?
Whether you’re a new or existing exporter, there’s a system that can be implemented to generate results that attract a large influx of inquiries every single day from prospects looking to procure commodities that you’re selling.
If you’re tired of implementing direct marketing with little or no success, Join our Export training program to reveal a powerful 5-step system that will get you a lot of inquiries from international buyers.

Our Export training service will help you in your market research and product analysis: Market and product research should precede buyer search.

You can't source for a buyer in a country that don't want or need your product. How do you know there is market for your product in a particular country or continent? How do you analysis your market?

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?

We sell unrefined Sheabutter and Sheanut. Our quality specification product is Export ready.

Before embarking on any export venture, please ensure you understand the basic terms of delivery (including pricing and documentation). You must also understand the responsibilities of the major players for safe delivery of your products to buyers. Such details include: transport modes, duration of shipment, conditions required for different products and the agreed terms of trade.


Tips
Know the available range of freight options
Understand the importance of freight forwarding for a seamless export process
Conduct due diligence in engaging a freight forwarder
Understand INCOTERMS 2020, this will enable you understand your responsibilities and that of the buyer.
Familiarize yourself with the necessary freighting requirements.

One of the exportable product in Nigeria is Palm kernel shell. It's one of the bye products of palm oil extraction. The demand for Palm kernel shell is high in the international market. What are the uses?

First, the fibers may be used for weaving baskets and thermal energy generation. Palm kernel shells may be used for fuel heat generation, carbon activation for purifying water, concrete reinforcement in the building and construction industry, thermal insulation, and as filler in plastic composite manufacturing.

Our Export training program is still on course. You can launch your export business now and benefit from proceeds of foreign trade.

Subscribe to our Export training course which covers everything and in- depth on the Export business from how to find International buyers to how to raise finance for your Export transactions, how to source products in remote communities at cheap prices, how to ensure you are getting paid before you spend a dime sourcing commodities, how to ensure the quality of the products meet the required standards, how to ship your products, products that are most demanded and can earn you double profits and so much more.

You can't source for a buyer in a country that don't want or need your product. How do you know there is market for your product in a particular country or continent? How do you analysis your market?

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?

How To Set Prices Of Goods For Export Without Making Any Losses

Correctly pricing goods for export can be the difference between profitability/growth and losses/failure. When you price your products right, you take into account almost all the expenses that can be incurred, and in the process, ensure your business is moving forward with every transaction executed.

A lot of exporters make the mistake of underpricing their commodities out of the desperacy of trying to close a sale. In the process of doing this, they end up shipping substandard goods when they realise they’re at a rising loss, and eventually, both them and the buyer loses their investments in the transaction.

Happy Sunday 🌞

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.

Opportunities abound in agricultural export business.

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?

In the export business, it doesn’t matter if you are a newcomer testing international waters for the first time or an established exporter looking to grow your business abroad.

Your main challenge is always to find buyers for the goods or services you provide. Selling in an unknown country is never easy. There are physical distances, cultural differences and language barriers to consider, among other things.

Luckily, we live in a time where technological advances have shrunk our world and brought us closer. This means it’s easier to find foreign buyers for your export business today than it was, say, 20 years ago.

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