–Exporting items from Nigeria to other countries of the world is very lucrative and can build both personal and national wealth over time
Why we are not exporting enough products from Nigeria to other countries is a mystery. I want to expose to you the top 20 items you can export from Nigerian and make dollars. People used to think that its only oil-related products that can be exported from Nigeria. That is not true.
There are numerous raw materials that you can export from this country. In fact, it might really interest you to know that there are made-in-Nigeria goods that could be yielding enough foreign exchange to the country.
Exporting non-oil products to other countries is not too difficult. All you need is to have a company that is export-ready and adheres to the strict international standards guarding import and export. Start from the list below.
List Of 20 Items You Can Export From Nigeria And Make Dollars
Exports From Nigeria
1. Garlic and ginger
Ginger is one of the most traded spices in the world which Nigeria happens to be among the largest producers. Why we are not exporting ginger in large quantities is beyond me. You can start a Trans-Sahara or Trans-Atlantic trade with these goods and be making dollars on regular basis. Garlic is also on top of the list of items you can export from Nigeria.
2. Cocoa Butter
These are the real sources of chocolates of all types. The fruits of Cocoa are used for the production of various skincare products, health products, and pharmaceutical products. The demand for Cocoa is very high in both America and UK and that is why cocoa farming is very essential in Nigeria.
3. Textiles and Garments
This industry alone generates close to $32bn as revenue from export from Nigeria. It is also a fact that, unlike other products that battle with high strict rules of tests, Nigeria’s textiles enjoy duty-free passage into the United States where it has the largest market in the world because of its unique designs, ethnic African designs, and quality.
4. Palm Kernel Oil
Palm Kernel Oil 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 are broad and the mineral contents are said to be rich in protein for various uses. Nigeria has its quantum and makes dollars exporting it to other countries of the world.
This is a clay-like solid substance gotten from the gallbladder of matured cows and oxen. The size could be as big as a chicken egg. Gallstone is a hotcake for foreign pharmaceuticals because they use it for medical purposes. If you could lay your hand on a good quantity of well-dried gallstone about 100g that is well packaged, ready buyers are waiting for it in either Asia or America.
Nigeria has put in place proper Central Testing Laboratories to ensure that only certified products leave the country to Europe and America. Nigeria happens to be a significant producer of Rubber in Africa. A cubic meter of fine quality rubber goes for between $400 and $600 presently because of the instability of the 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. Sesame seeds can be found in quantity in places like Benue and Jigawa states in Nigeria. This product ranks second to cocoa in terms of export volume and foreign exchange earnings. Nigeria is the 5th largest producer of this commodity and shipping it into foreign countries brings dollars to 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 trace enzymes as sugar, mineral, vitamins, and amino acids. A liter 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 demand for Shrimps is high in countries like Portugal, France, Belgium, Spain, and the USA.
Garlic is a cash crop that is grown under irrigation by farmers in the Savanna areas in Nigeria. With internationally certified good quantities of garlic, you are sure of foreign hard currencies.
11. Yam Tubers
Nigeria is presently the highest producer of yam. In 2009 alone, yam export accounted for about US$450 million exchange. But due to low quality, it is saddening to know that the country is not maximizing its export potentials of these products. So there is a 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 forefront of the international market. This product which is produced in good quantity in Nigeria with now perfected technology has about 50% ROI. Even an individual can own a charcoal production outfit and have exporters shipping it for him. A large market for charcoal exists in ASIA, the EU, and the USA. A ton 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 source of fiber and it is in demand internationally.
14. Cassava Flour
We already know that Cassava is food for all in Nigeria because of various methods of preparing it. There is a need for this in foreign markets as well. The demand for well-processed cassava flour is increasing both in Europe, the Middle East, and America.
15. Cashew Nuts
Almost every part of the country has the potential to produce this international commodity. A great quantity of unprocessed raw cashew nuts is exported to India, Brazil, and Vietnam where they are processed into kernels and moved to Northern America and Europe where they are sold for about $2 per pound. The demand is on the increase from these consuming countries.
If you can produce snails in good quantity, there is a ready market for you. Snails are hotcakes in Europe and America. The good thing about this is that it is very easy to rear as it produces rapidly with close to nothing in expenditure for feeding.
17. Chili Pepper
Nigeria is blessed with good weather which supports the proper growth and production of the internationally accepted pepper. If you can grow and source for the export opportunity, you are sure to get it.
18. Fruit Juice
It may sound somewhat strange to many that Nigeria provides an 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 products of great quality. The opportunity for Nigerian fruit concentrate export is huge in the USA.
Forget about the fact that some greedy Nigerians go about smuggling chicken into the country. When we talk about poultry, it involves all domestic birds, eggs, or meat.
Nigeria poultry farm products are still highly needed both within Africa and Western countries because Nigerian weather conditions for poultry farming still remain the best. Poultry products export from Nigeria is an avenue that is still highly untapped.
20. Cosmetics and Soap
Nigeria has grown in this very important area but the only challenge that is holding us back is the procurement of good technology to produce cosmetics in great quantity to compete favorably with other developed countries.
Soap making, which extends to other toiletries, laundries, and so on are already export opportunities waiting to be invested in. Nigerian cosmetics products can be exported to other African countries where they are badly needed.
Nigeria has a big market in the soap industry already which other neighboring countries travel thousands of kilometers to get in big quantities to sell in their countries for good profits. If that area is properly looked into, the investment opportunity there is still a virgin. If well harnessed could mean a huge opportunity for foreign exchange. This exchange will further improve the underused avenues of the cosmetics and soap industry in the country.
If the exporters from Nigeria could strictly follow the rules guiding export, more avenues can be opened up for others who are aspiring to join in making export from Nigeria available to other countries around the world.