Export Potential of Soyabeans

Do you know that according to the Export Potential Map (ITC), The markets with greatest potential for Nigeria’s exports of 1201 Soya beans are “China”, “Japan” and “Turkey”. China shows the largest absolute difference between potential and actual exports in value terms, leaving room to realize additional exports worth $22.7 mn Nigeria has closest export links with Nepal. China is the market with the highest demand potential for 1201 Soya beans.

One Export question to ask: Can the commodities be stored or warehoused and preserved in commercial quantities before export?

Why Start a Shea Butter Processing Business?

The rule of thumb when it comes to starting a business is to start a business whose products or services are needed in our daily life and shea butter processing business falls under this category. Shea butter is a product that is used in all parts of the world and those that are in the business of manufacturing shea butters product are known to generate sales always if the business is well-managed.

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Our Sheabutter 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?

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Cocoa

A vital ingredient used in making chocolate; originated from the cocoa beans that grows from cocoa tree. Many other produce derived from cocoa are:

Cocoa butter;
Animal feeds (from cocoa husk);
Alcohol and soft drinks;
Cocoa powder;
Marmalade; and many more.

As a leading agricultural export product in Nigeria; cocoa is a well sought after product. In fact, this is a product that has put Nigeria on the world map as the forth largest exporting nation of cocoa in the world. In addition, the Nigeria government gives more insight into how to start cocoa farming in Nigeria.

STEP BY STEP PROCEDURE ON HOW TO EXPORT ANY NIGERIAN PRODUCT

Seller (prospective exporter) incorporates company and subsequently registers business with the Nigerian Export Promotion Council (NEPC).
Seller approaches bank and opens a cooperate domiciliary account (USD/EURO/POUNDS) with which the company can repatriate export payments (payments).
Seller gathers information as it concerns the source for the procurement of the commodity intended for export.

Seller should try as much as possible to gather as per the export market requirement of the commodity for export. Seller must ensure that product is available in large quantity such that it would meet the minimum order that could be requested by buyer (foreign importer). At this stage the services of an export consultant/ facilitator/ manager would be both invaluable and indispensable because of the pitfalls it would save the new exporter from falling into.
Seller embarks on a massive search for the buyer of the commodity in question. The search could be done online or offline.

The global commodity trading business is one of the most lucrative and lasting ventures ever known to mankind. All through history, nations, kingdoms, states, and more have had to trade resources across their borders in exchange for goods and services. This goes on till today all across the world with physical commodities been imported and exported out of every country.

The need for nations to constantly trade commodities is fueled by the fact that no single country is absolute. No one owns all the resources they need to fuel their industries, and as such, continue to trade with other nations to supplement their shortcomings.

To run a certain type of business, you need to know everything about its industry and how things work. If you lack a comprehensive understanding, success becomes hard as even convincing clients to work with you becomes difficult.

A challenge many exporters face is they have little knowledge of the workings of the export business. What they know are the basics of procuring and shipping, but as for every other thing in between from product inspection to securing the right cargo documents, insurance, payment security, the global industry, and much more, they have a faint idea, and as a result, international buyers usually back out from the conversations after they ask some questions and are not getting any credible answers.

Join our Export training program to gain indepth knowledge and broading your scope of understanding the Export business like never before.

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.

How to Get An Agric Loan in Nigeria

Agricultural loans are mediums used by any government to encourage its citizens’ participation in agricultural practices by granting them access to government grants and loans.

These loans are made available by the government to the public and cover a range of agricultural practices including crop cultivation and livestock rearing. Some of these offers are even tax-free.

Agricultural Loans in Nigeria can be obtained from the Central Bank Nigeria, Bank of Agriculture, Commercial Banks, and Agricultural Co-operative Societies and Unions.

If you need an Agric loan for your business, just go to your preferred institution to see the requirements. If you meet their requirement, you simply apply and get a loan to Fund your Agric Business Anywhere in Nigeria.

Sheabutter trade in Nigeria

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.

Sheabutter Business Plan and Feasibility Studies Available

One of the key requisite for a Sheabutter Export business is having an Export strategy. You have to build it on something concrete. Hope is not an Export strategy.

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.

Due to the varying fatty acid profiles that can occur between shea trees even in the same area, refined shea butter can be very hard and brittle or fairly soft with a lower melting point. This is due to the oleic acid content which can vary from 37-55% of the total fatty acid content. A higher percentage of oleic acid makes a softer butter that melts more quickly. While Ugandan shea nut trees consistently produce higher amounts of oleic acid, the trees in West Africa can vary by area and even between trees growing right next to each other. As nuts are usually gathered across a wide area, the shea butter will have a consistency average to the area.

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How To Build A Great Sheabutter Export Company

While most great companies are profitable and generate high revenues, that’s not what makes them great.

What makes a company great is its ability to communicate its causes, beliefs, and values in everything it does, stays true to them consistently, and in the process, builds an army of loyal customers that would defend the company no matter what, buy from the company even when some competitors have better products & services at cheaper prices, and even more importantly, to create a cult-like following where customers and prospects find it difficult to clearly articulate why they prefer your brand, as product features and benefits alone will not be able to tell the full story.

Opportunities not fully tapped abound in the extractive industry in Nigeria.

THE PROBLEM

There is more demand for Shea butter than is currently produced. Rural-based women from time immemorial have been using manual traditional methods to process about 60% of all the crude butter produced in Nigeria at a relatively low extraction rate of about 25%. Currently, the production of Shea butter is often done manually in semi-industrial and small 100% industrial scale in Nigeria. One constraint to shea production in West Africa is quality issues. Because West Africa has not enough factories to produce a high-grade quality of Shea butter, the opportunities in export are yet to be adequately tapped.
There is the specific quality of shea butter needed in the international market and it is of ultimate concern to buyers. Buyers want to know the Iodine number, acid and free fatty acid number and other parameters of the shea butter he wants to import. The African entrepreneur has too little access to financing for trade and investment, hence 80% of the Shea butter production is done in Europe and Asia by multinational companies.
Shea Tree grows only in West Africa and lesser extent in Central Africa, and nowhere else in the world with Nigeria a leading producer of the raw material (Shea nut).

How to Start a Business Producing Garri Fortified with Vitamin A

Brands live in a world of ever-changing expectations. Differentiating your brand by building and keeping trust and loyalty among consumers is increasingly dependent on social or environmental promises. Brands of the future anticipate, rather than just respond to, what consumers and customer want. Garri fortified with Vitamin A is a new catch in Nigeria and only very few Garri producers in Nigeria know about this unique Vitamin A fortification opportunity.

Garri is not just a staple food in Nigeria but also a daily meal. Garri constitutes a daily meal to over 150 million people worldwide. It is a popular West African food. It could be compared to what potato flour is to the Westerners. It is even more versatile than that.

It can be eaten as a snack (cassava flakes) in cold water on a very hot day, or cooked in hot water (cassava flour) to make a dough-like meal called “Eba.” You cannot claim to have eaten any West African food without having eaten Garri!

You can Export foodstuff as Crayfish, Garri, soyabeans, smoked fish, ogbono, etc to the UK and other parts of the world.

When a commodity trading firm has a wide collateral pool, the bank can open up a credit line for them that will enable them to have easy access to funds to make purchases on any scale without the need to issue a payment guarantee or Letter of Credit.

Join and subscribe to our Agro Export training to learn Export finance and how to obtain it to take your Export venture to the next level.

The business Opportunities in Sheabutter Export is vast and can accommodate a lot of Nigerians. You can start as a broker or an Export agent and overtime scale up to a full time Exporter.

What documents do I need to export to China?

The documents you need to export to China will vary depending on your products, but include the following:
Bill of lading.
Commercial invoice.
Packing List.
Sales contract.
Proforma invoice.
Certificate of origin signed by a local chamber of commerce.
AES filing.
Customs declaration.

What Then Is The Commodity Trading Brokerage Business About?

The commodity brokerage business is the facilitation of the buying and selling of physical commodities between a seller and a buyer. The commodity could be agricultural products, solid minerals, or oil and gas products, with crude oil brokerage being the most lucrative amongst the lot.

People who carry out commodity trading brokerage are called commodity brokers. They’re the key in the mix of the transaction and do everything to ensure that both the buyer and the seller can successfully come to an agreement to trade, after which the broker gets paid a commission for their services for as long as the trade relationship lasts between the buyer and the seller.

Business Plan Writers

Still Looking For Funds? You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports.

With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed!

Opportunities in Sheabutter processing

Benefits Of Having An Export License

In addition to obtaining an exporters certificate , you can also access the following trade support services:

Export incentives
Export capacity building programmes (trainings, seminars, workshops etc)
Networking exporters for collaboration and exchange ideas.
Trade linkages (B2B, B2C)