Exports from Nigeria to other countries of the world is very lucrative and can build the country’s economy overnight. A few business men in Nigeria have made a fortune exporting agricultural produce from Nigeria, most people have the mindset that it requires a lot of capital or its a difficult sector to break into but that is so wrong. The steps to becoming an exporter are quite easy and with proper guidance you can become an exporter and earn in foreign currencies with a sensible capital.
Here are 20 Items You Can Export From Nigeria
This is one of the most traded spices in the world and Nigeria is among the largest producers. You can start a Trans-Sahara or Trans-Atlantic trade with this produce.Garlic is on top of the list of items you can export from Nigeria.
2. Palm Kernel Oil
This is the oil extracted from the pulp of palm fruit which is different from palm oil. Palm Kernel Oil is used for the manufacturing of various cosmetics, pharmaceutical products and confectioneries. The uses of this oil is broad and the mineral contents are said to be rich in protein for various purposes. There’s a ready market for well processed palm oil all around the world.
3. Cocoa beans
Cocoa is the leading agricultural export of the country and Nigeria is currently the world’s fourth largest producer of Cocoa, after Ivory Coast, Indonesia and Ghana, and the third largest exporter, after Ivory Coast and Ghana. Cocoa exporter make millions of dollars every season and there always a ready market for it in the US and European countries.
4. Cocoa Butter
This is the real sources of chocolates of all types. The fruits of Cocoa is the end products of various skin care products, health products, and pharmaceutical products. The demands of Cocoa is very high in both America and UK and that is why cocoa farming is very essential on its own.
5. Bitter kola
The demand for bitter kola in the international market has been on the high for some time now. This is because the seed is used in the pharmaceutical and food processing industries for the production of drugs, energy drinks, and other products. The demand is particularly high in countries such as the USA, Britain, Germany, France, Japan, India and some other Asian countries.
The above statements drive home the fact that there is a lot of money to be made in buying bitter kola and exporting it to countries where it is required industrially. So, if you are living in a country like Nigeria, where bitter kola is very abundant, then you should consider starting a business that exports the commodity.
Nigeria has put in place some proper Central Testing Laboratories to ensure that only certified products leave the country for Europe and America which are in dire needs of the product. Nigeria happens to be a significant producer of Rubber. A cubit meter of fine quality rubber goes for between $400 and $600 presently because of the instability of dollar rate in the market.
7. Sesame Seed
This may sound a bit strange if you are not from the area where it is produced in the country like Benue and Jigawa states in Nigeria. This product ranks second to cocoa in terms of export volumes and foreign exchange earnings. Nigeria is the 5th largest producer of this commodity and shipping it into foreign countries brings dollars exchange.
Pure honey is another export commodity from Nigeria to other countries. Presently, a kilogram of honey costs above $150 in the international markets. Pure natural honey contains well trace enzymes as sugar, mineral, vitamins and amino acids. A litre of honey can fetch good dollars in the foreign market.
The Niger Delta region in Nigeria is blessed with rich organic deposits of Shrimps. The demands of Shrimps is high in countries like Portugal, France, Belgium, Spain, Europe and USA.
Garlic is a cash crop which is grown under irrigation by farmers in the Savanna areas in Nigeria. With internationally certified good qualities of garlic, you are sure to succeed.
11. Yam Tubers
Nigeria is presently the highest producers of yam. In 2009 alone, yam export accounted for about US$450 million exchange. But due to low quality it’s saddening to know that the country is not maximizing its export potentials of this products. So there is need for prospective exporters of yam to foreign countries to adhere to quality regulations that is guarding the process. Yam farmers must take this into consideration and tap from this opportunity.
This is at the fore front in the international market. This product which is produced in good quantity in Nigeria with now perfected technology, has about 50%an individual can own a charcoal production outfit and have exporters shipping it for him. A large market for charcoal exists in ASIA, EU, and USA. A tone of this product goes for about $1000.
This sector recently received a boost from the National Cotton Association of Nigeria (NACOTAN) of N33 million to rehabilitate it. Cotton is the most natural sources of fiber and is demanded internationally.
14. Cassava Flour
Already we know that Cassava is food for all in Nigeria because of various methods of preparing it. There is need for this in the foreign markets as the demands of well processed cassava flour is increasing both in Europe, Middle East and in America.
15. Cashew Nuts
Almost every part of the country has the potential to produce this international commodity. Great quantity of unprocessed raw cashew nuts are exported to India, Brazil and Vietnam where they are processed into kernels and moved to the Northern America and Europe where they are sold for about $2 per pound. The demands are on increase for the consuming countries.
If you can produce snails in good quantity, there is a ready market for you. Snails are hotcake in European Countries and America. The good thing about this is that it is very easy to rear as it produces rapidly with close to nothing in expenditures for feeding.
17. Chili Pepper
Nigeria is blessed with good weather which supports the proper growths and production of this internationally accepted pepper. If you can grow and source for the export opportunities, you are sure to get it.
18. Fruit Juice
It may sound somewhat strange to the hearing of many that Nigeria provide export opportunity for fruit juice concentrates. Yes, we have it because Nigeria can boast of so many naturally grown fruits all over the country which provides the best of fruit juice productions of great quantities. The opportunity for Nigerian fruits export is huge in USA.
Nigeria poultry farm products are still highly needed both within Africa and Western countries because Nigerian weather conditions for poultry farming still remains the best compared to other countries. Poultry products export from Nigeria is an avenue that is still highly untapped.
20. Shea butter
Presently Nigeria is the leading exporter of Shea nuts and butter in the world with a total trade value estimated at $400,000.
Shea butter is produced from the boiling and crushing of Shea nuts. Based on the level of refining done and contamination present, shea butter is now classified into five grades: A (raw or unrefined, extracted using water), B (refined), C (highly refined and extracted with solvents such as hexane), D (lowest uncontaminated grade), E (with contaminants). Commercial grades are A, B, C.
If you have an interest in any of these please feel free to contact me.
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