Nigeria is blessed with conducive tropical climatic conditions that support a vast variety of agricultural cultivation. Many of these agricultural commodities are in high demand in the international markets. This is certainly a low hanging fruit you cannot afford to ignore! Now is the time to add another source of income to your financial reservoir through commodities export business.
The Export of Commodities from Nigeria to other countries is a money spinner. However, from sourcing, processing, packaging, documentations, logistics, shipping, insurance and delivery, the huddles surely are there. But once you are able to scale those hurdles and set the ball rolling, you are in business.
However, as a beginner who may not be able to go the whole hog right now, remember that the commodities export business is not just all about the products or commodities arriving at their foreign destinations, and the exporter smiling to the bank in dollars. No, there is more to that.
The commodities export business is a mini value-added chain, and you can begin to break into the business by strategically positioning yourself somewhere between the local commodity producers and the elite commodity exporters. That way, you start small, but you learn and grow into a full fledged exporter in due time.
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A simple business model is for you to identify the commodity exporters as well as the local sources of the commodities you wish to deal with; and then stand in-between them, at a premium. In other words, you can simply become a supplier to the exporter. Or you may even decide to work for him. This will help you to understudy and understand the commodities export business and how it operates.
If you are interested in this small business idea, then below is a short list of viable export commodities you can choose from and explore more about. Most of these commodities can be sourced from the hinterland piecemeal. Some of them you can even get for free or very low cost in the villages and farm settlements. Some of these villagers don't even know that palm kernel shell is of any market value, not to talk of export value!
Find out which commodity tickles your fancy, and then do a little more research about it; so that when the sit at home is finally over, you can quickly launch your next small business, and thus create another source of income for yourself!
Start your research from HERE.
13 Locally Sourced Commodities You Can Export From Nigeria
Bitter KOLA Export
Cashew NUTS Export
Cassava CHIPS Export
Hardwood CHARCOAL Export
GINGER Export
Kola NUTS Export
Palm KERNEL Export
Palm Kernel OIL Export
Palm Kernel SHELL Export
Palm OIL Export
Sesame SEEDS Export
Shear Butter NUTS Export
Smoked FISH Export
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Watch now: Products You Can Start Exporting From Nigeria with Small Capital
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