Constantly Read Export Blogs & Books:

If you’re not constantly learning, you’re not growing. One of the best ways to stay ahead of the curve, learn the latest trade practices, understand sales & marketing, and to understand so much more about the export business is to consistently read books and blogs who publish articles on how to start, run, and grow successful export businesses.
By consistently following rich online resources, reading great export business books, attending highly valuable online export courses, and much more, you can put yourself in a position to build a successful 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?

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

One important thing to know before you ship any Agro Commodities is that the Chemical Compositions Must Match The Agreed Specifications:
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 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.

There are reputable trade sites serving as links between exporters and importers by carrying out trade matching services.

The platform allows you to search for buyers from 210 countries
Provides you with a facility to search for all buy requirements
Contact the buyers through your inquiry manager
Search by product and service
Dedicated team of professionals who constantly monitor all new buy requirements on the site
Paid subscription site.

The export business remains one of the most profitable businesses in the world, including Nigeria, with profit margins going anywhere from 30% to in some cases over 100%. With the growing clamour by the Nigerian government for entrepreneurs should go into the export business, the need to effectively educate people on everything they need to know and to show them how to make their first one million Naira from the export business in Nigeria has become very paramount.
This Online course will teach anyone everything they need to know on how to build a successful export business from scratch, present a live case study, and show you how to export lucrative highly-valued commodities profitably from Nigeria. It also has a section that shows the reader how to start out as a broker.

This online course and Export training program is perfect for beginners in the export business in Nigeria, as it will take you from a novice to an export professional, and help you either make money by starting your own export business in Nigeria, or by becoming an export consultant or broker.

Exporting is lucrative because sometimes local prices are way lower than the export prices are. For example, If you want to start a direct export business in Nigeria, then you need to know very well, what kinds of goods are exported from Nigeria. With direct export business, product selection is very important.

100+ Hot-Selling Products You Can Export From Nigeria And Get Paid In Dollars

Flowers
Cassava
Cotton
Barley
Sugar Cane
Cocoa
Wheat
Livestock
Maize
Etc

While these may just be highlights, they are items that are demanded by producers and consumers in so many countries around the world. They are sorted in thousands of tons, some in millions, and are lucrative for any individual who successfully lands a long-term—usually five-years—supply contract to export some of these products from Nigeria to their shores.
By leveraging the global access that the internet has given every one to enable them to connect with manufacturers all over the world, you can start a supply chain business with these 100+ highly demanded products that you can export from Nigeria and get paid in Dollars.

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Thousands of people intend to venture into the exportation of goods and services from Nigeria to many parts of the world. A strong advantage of this is it doesn’t just serve as a means of generating large revenues for their businesses, but is also a great way to get paid in foreign currency.

Sales are the lifeblood of every business. Without it, you wouldn’t have cash flow, and without cash flow, you won’t achieve any form of growth or have enough funds to keep your organisation running.

While consistently making sales is key to growing a thriving organisation, the ease of finding clients in various industries differ. Join us to find out reasons you are not finding International buyers for your products.

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Trade finance is how commodity traders get to always have enough funds or capital resources to ship commodities whenever an international buyer makes a request. This makes financial institutions key players in the commodity trading business, as without them, commodity traders cannot truly attain accelerated growth and success.
Since financiers play a key role in facilitating commodity trading, how do they do this?
They facilitate trade by funding commodity traders in means of a Letter of Credit. Here, they issue a bank payment guarantee on behalf of the buyer to the seller, with the intent to pay if delivery is successful and the terms of the contract are met. When financial institutions do this, they use the commodity as a collateral because if the commodity is delivered and paid for to the seller but the buyer fails to pay the bank, they can sell the commodity to regain their money. Now, the buyer would mostly no longer be in complete control of the commodity once it has been paid for because the bank would ensure that the market that needed the commodity gets to purchase it under their supervision, so they can regain their money and pay the buyer the rest.
For the sellers, they could go through the same route locally by their banks issuing a payment guarantee to the local mines, farms, or processing facilities. But these companies usually want an exporter who’s willing to pick it up at their locations, and so, may fail to work with a payment guarantee. Here, the exporter may then need to get their bank to open an overdraft to enable them to purchase from the local supplier under bank supervision. But in this case, you may be required to present an asset-based collateral.
While these trade finance processes for commodity trading may seem simple and that no financial institution should have a problem funding any business since they will only basically give a payment guarantee and not pay until the product has been delivered, it is key to know that past performances must be presented and proven before the financial institution would be willing to take a risk on your business.

The Agro Export business in Nigeria is one of the most lucrative businesses to venture into, depending on which sector you choose to focus on. While large-scale importation can have a negative impact on the country’s economy, large-scale exportation doesn’t just have a positive impact, but can turn any entrepreneur into a millionaire and possibly a billionaire.

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.

What to say to prospects or existing clients could either improve or diminish your relationship with them. It could turn them into one of your best loyalists or into one of your company’s worst critics.
Treating and speaking to your clients the right way is key to building great relationships with them, and ultimately growing a successful business.

If you’re running a local or international business and want to ensure you never knowingly or unknowingly pushing your clients away with your words, Join us to learn here are 12 things to never say to a client or prospect.

Happy Salah day to all Muslims

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.

Top tips to understand the market

Gather basic market information, from import regulations to trade statistics. You can make use of several freely available Market Analysis tools.
Narrow the focus of your research to your product or service. This will make the whole process more specific.

Ways To Reduce Logistic Cost And Improve Profit.

Running a business that involves the supply of goods to customers in different parts of the country or overseas can build up high transportation costs, which eventually eat into your profits. Poor management of these costs causes many businesses to run at a loss for too long, since they find it difficult to manage the high expenses they incur in logistics.

As a business owner in a sector that involves the haulage of goods to customers, you need to constantly be on the lookout for better ways to reduce your transportation costs. These should be a top priority and must be reviewed on a daily, weekly, monthly, and yearly basis till you’re certain you’ve found the best deal that’d work for your organization.

Join us in our Export Training Program to learn the secret of Transportation and ensure effective management to boost profit

Hope is not an Export strategy

Export Broker:

This is the most popular, safest, and effective exportation angle to come in from. Here you act as a broker for either the importer or the exporter or both.

If for instance, the cost of white Sheabutter from Nigeria $1,500 per ton, you could strike up a deal with a supplier to accept $1450 per ton or better still, you could source a buyer that would purchase from you for about $1,550 per ton.

Brokering any export transaction is the best way to approach the industry because, you can be exporting different products across various industries, and still generate far more profit margins than the people you’re brokering on their behalf.

Export Products are those items produced mainly for exportation out of Nigeria. That is to say, they are not for local consumption or use. Not only are these products highly profitable, but also yield good return on investment.

By and large, if you are looking for a highly profitable business to start, it will be worth it to consider the Agricultural Export.

Melon Export Potential

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 of fact, melons remain top Export Products in the country.

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Agricultural Commodity Export business is a lucrative business to venture. It holds vast potential that is highly untapped and its development in Nigeria has been a positive one. The uptrend is largely due to the advancement of Information Technology and the downside fortune of the crude oil market forcing investors and government to explore alternative markets. Now, the future is non-oil products like sesame seed, ginger, shea butter, cashew nut, gum arabic, bitter kola etc. You will have known the world is like a global village and anyone can communicate with one another in real time due to the globalization of business.

You have decided to venture into the export of agro commodity from Nigeria. You won't want to make a financial mistake. You won't follow a linear pathway. You will need a broader perspective. You will need a guide. You will need a business plan, a bankable plan, a comprehensive plan that will give you a roadmap in this industry. A business plan that details on the financial analysis with in-depth profitability analysis that specifies the return on investment based on the local and foreign prices of the different commodities.

Due to my many years as a player in the industry, I can give you a standard agro-export business plan, bankable, comprehensive feasibility studies/financial analysis/Cost & profit analysis for the export of Nigeria agro products with inclusive of market analysis and intelligence. its coverage is on sesame seed, shea butter, ginger, cashew nut and gum arabic.

Inclusive is 15 other vital documents with in-depth and illustrative coverage on agro-export procedures, payment systems, documentation, planning, risk analysis, shipping companies, export unit, pricing, quotation drafting, agro-export financing, transportation, and logistics, quality control, commodity price list, local product sourcing, foreign buyers etc.

Ginger Export Potential

Ginger farming and exportation business is one of the best agriculture investment opportunity in Nigeria; as a matter of fact, the return on investment on Ginger is over 35%. That is to say, you will receive more than 35% in profit margin.

Due to the health benefits associated with ginger uses, it is a well sought after plant all over the world. Such health benefits includes:

Relieving nausea;
Loss of appetite;
Motion sickness, and
Pain relief.
As shown above, ginger is very useful; for this reason, it is one of the best export products you can invest in. Either as a grower of the plant and stem or as an importer of the product.

Requirements For Starting And Import/Export Business In Nigeria

Register The Business
Register With The Nigerian Export Promotion Council (NEPC)
Register With Customs By Completing The Form NXP
Obtain Special Licences And Permits For The Goods You’re Dealing In
Verify Your Products Are Not On The Prohibited Goods List
Get Your Insurance Covered
Partner With A Freight Forwarding Service Company To Ship Your Goods

Nigeria is among the top growers of agro commodities such as cashew, cocoa, sesame, sorghum, and ginger among others. It's regretably the country still exports about 90 percent of its agro commodities raw and is yet to develop a new strategy to promote the export of processed produces.

Plantain Export Potential

Investing in plantain exportation is good; with it, you have different options. You can export it as either ripe or unripe plantain or you may decide to export its bye products. Such products includes plantain chips and plantain flour.

Exporting plantain from Nigeria is profitable; as a matter of fact, plantain farming in general is a wealth producing venture.

Just for the record, Nigeria is the highest producer of plantain in Africa; at the same time, Nigeria is the seventh largest producers of plantain in the world.

You too can join in this lucrative business of plantain exportation. In other words, this agro export product from Nigeria can be a business to start.

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.