
Foodstuff and Supplier Export business is where the real money is. There is high demand of Nigerian and African product oversea.
Exportation business is a gold mine, apart from exporting to Nigerians abroad God has blessed Nigeria so much with enough natural resources that most big firms into production across the globe will need our raw materials like bitter Kola, ginger, sesame seeds, etc. to produce finished goods
So when you look at the need and high demand for Nigerian foodstuff and agricultural products all over the world you will know that Mini exportation is a gold mine.
Imagine how foods are wasted here, In different parts of Nigerian there are a lot of farms produces that is being wasted, you and I know that. The truth and the honest truth is that the demand for farm produces overseas is overwhelming
And the number of Mini exporters in Nigeria cannot even meet the demand overseas. So we need more people to join this business. Sometimes, I am not able to meet with my own orders from buyers. When you start this business, one thing that you won’t lack is buyers.
As Nigeria's currency, the Naira, continues to depreciate, don't you think it's time to start a Mini foodstuff Exportation Business in Nigeria? Did you know that earning in foreign currencies will put you ahead of the current Naira's lower purchasing power? While others are complaining, you will be smiling.
In a nutshell, I'd like to show you a way to make good, legitimate money in foreign currencies through a mini foodstuff Exportation business (and major exportation, if you can).
God provides for the birds, but not in their nests; you can pray and faint, but unless you get up and go to take advantage of an opportunity or sell something, God will not put money in your lap.
Opportunities in Foodstuff Exportation
Today, we will be exposing the opportunities in foodstuff Export from Nigeria and how to get Abroad buyers for your foodstuff of your choice. Demand for African foodstuffs in Europe and America is increasing due to an increase in the number of Africans, particularly Nigerians, who travel to these countries in search of greener pastures. Many small food exporters in the West African subregion rely on middlemen to sell their produce in small quantities to consumers or retailers running ethnic shops in the United States and Europe.
The volume of Nigerian food exports to these countries remains very small, despite the fact that there are an estimated 25 million Nigerians living outside the country, with the majority residing in the United Kingdom and the United States.
This is an excellent opportunity to sell to this people. The few African food exporters cannot meet the demand of Nigerians abroad, whose population is growing by the day.
Among the many exportable foods are smoked fish, corn flour, garri, beans flour, melon seed, ogbono, cassava flour, bitter leaf, ukazi, dried pumpkin leaf, palm wine, butter production, groundnut, coconut processing, pepper, tomato paste, hibiscus flower, processed bitter kola, yoghurt, pap, other vegetable leaves, and hot chilli pepper.
Begin on a Small Scale.
Because you are doing it on a small scale, you do not need to register a company because you will be sending the food through an individual. The startup capital ranges between N150, 000 and N200, 000, as well as an e-mail address, a mobile phone, and an account with a reputable Nigerian bank.
However, having a domiciliary account is preferable; you don't need prior experience in the field, but you should have a "good head" for business organization.
An organization called the Association of Micro-Entrepreneurs of Nigeria (AMEN) can assist you in registering with NAFDAC. You can also use their factory site, which will help you run your business successfully.
Small-scale investors like me and you have an opportunity.
You can send this product as a small investor via NIPOST , Courier or by air. NIPOST sells ready-made cartons that can hold up to 30kg for N60, 593. Perishable products are not permitted through NIPOST because it takes up to five to seven working days for the products to arrive in the UK and US. However, perishable items can be sent by air because it takes about eight hours to arrive, depending on the country.
Managing Feedback from Buyers
Many responses will come from Nigerians and Africans who run African shops in other countries, as some of them are looking for food distributors. You may need to send some of them free samples while you instruct them on how to select the best packaging pattern for the product you are sending.
Using friends and relatives from other countries
Another option is if you have friends and relatives abroad. You can send the foodstuffs to friends and relatives in the United States and the United Kingdom, who will assist you in selling them and depositing the proceeds into your Nigerian bank account. You don't have to go through the hassle of determining who is genuine or not; they know the terrain and will assist you in selling directly to African food importers and African food distributors abroad.
Take Advantage of AGOA
Food exporters are realizing the importance of packaging their products for export. The African Growth and Opportunity Act (AGOA) allows small-scale food producers to send their products to the United States without paying any fees. Its well-intended goal was to encourage African countries to increase non-traditional product exports to the US, thereby adding value to raw materials from African stores.
Reasons Why you Should Start Mini Exportation Business in Nigeria
It is affordable.
It is far less risky than containerized Export especially when you have adequate knowledge and the proper training.
It is a more reliable and straight forward way of making money in Nigeria.
It is one of the profitable business ideas you can start on the side.
Let me tell you a story...
In Nigeria, a cup of melon (Egusi), I mean the milk cup, costs about N500 (sometimes less, abi?). Do you know what the equivalent cup is in Germany?
It costs 4 euros in retail stores...
and the current exchange rate is N1750 average. This total N7000 per cup of melon in Germany.
That means if you get 1000 cups, you'll have about 7 tons. You would have earned 7000 euros (or equivalent in Naira).
Your total Export earning from this sale transaction will be N7000 X 1000 = N7 000 000. No hard maths.
Your expenses will include the cost of sourcing the foodstuff commodity here, sorting, grading, quality improvement, packaging, labelling, logistics cost of sending oversea and cost of sale.
Despite these expenses, you will still take in huge profit from the sale of your foodstuff. Now, when you are having consistent orders and supply of similar nature, it becomes even more lucrative with opportunity for you to invest more for more huge profit.
Let us check another foodstuff product. Let analyse Yam flour popularly called Elubo ISU in the local market. Ikg of yam flour cost about N3000 presently in the market. Now, do you know the equivalent price listed by Amazon in the US market?
It cost $12 in US retail stores….
And the current exchange rate of dollar to Naira is N1500 at black market. This total N18,000 for every 1kg sold in the US. Now, imagine you have packaged and send 1000 pieces of 1kg. You would be smiling home with N18,000,000 before expenses.
We can do more analysis with majority of the foodstuff commodities we are wasting here in Nigeria and you will amazed at the profit potential of selling them abroad but in a well packaged form. Your role is to get the product in the right form, package properly and send to the stores. I assure you, in terms of profitability and viability, you won’t go wrong and the market is ever growing with more Nigerians moving abroad daily.
Table of Content of Foodstuff Business and Export in Nigeria
• Overview of foodstuff Export and Supplier business in Nigeria and knowing the right foodstuff to Export.
• Cost and Profitability Analysis of foodstuff and Supplier Export business
• How to trade on foodstuff within the local market in Nigeria.
• Over 100 Nigerian foodstuffs available and eligible to export from Nigeria.
• How and where to source for foodstuff cheaply to supply and Export in Nigeria.
• How and where to source and get reliable buyers, wholesalers and distributors for Nigerian foodstuff and agro commodities Abroad.
• Understanding foodstuff weight verses price ratio and how to start with smaller capital and achieve scale overtime.
• Ways to receive your payment in Foreign currency and straight to your bank account, Official and Unofficial payment methods.
• Quality certifications and getting your products free from Aflatoxins and chemicals including procedures to carry them out to ensure success of your business.
• Foodstuff and Agro product packaging guidelines to adhere to succeed in foodstuff export business in Nigeria. Why you must process and package accordance with each target market.
• How to negotiate, set foodstuff prices that will be competitive and close deals.
• Labelling , labelling translations and professional printing and preparation accordance with any country requirements.
• Understanding the role of Air Freight and why you should work closely with major freight forwarders and airlines in Nigeria.
• Understanding the role of Sea Freight and when to use shipping lines for foodstuff business.
• All documentations you should know about to start the business of foodstuff export in Nigeria.
• Getting Capital and affordable Loans to Start the Foodstuff Supply and Export business.
• Follow up Support and Assistance.
In addition,
You will be added to an International Food Business WhatsApp group of over 350 members comprising Foreign buyers, foodstuff exporters and suppliers.
We will support you all the way.
You are sure of our support and assistance throughout your foodstuff & Export venture.