Post by Trade facilitator on Jul 27, 2022 21:52:25 GMT 1
Export Of Spices From Nigeria: What You Need To Know In Order To Achieve Great Success
In this article we are going to start a very important journey in the field of spices farming, preparation and exportation from Nigeria. There will be detailed explanations and analysis in order to enable our members to key into this lucrative market of spices.
The main reason for this is the constant requests we get in our company from members and visitors so that they can benefit from the booming spices market in the world today. The truth is that this is one of the easiest export businesses that anybody who is serious can take part in and make good money.
People want to take advantage of the exchange rate of the Naira to other foreign currencies now to make good profit. The ambition is good and legitimate, but you need to follow some laid down procedures we are going to reveal to you.
We want to remind you also that you need to understand that in export in general you must respect and strictly follow the conditions set and laid down by the importing countries and companies.
You must understand that the major importing countries and regions of the world for our spices are majorly Europe and America, with a sprinkling of Asian countries. These countries and economic blocks have stringent conditions attached to importation of food items into their countries. We must consider these conditions very well too.
Nigeria is among the world’s largest exporters of spices, according to reports Nigeria exported spices valued at $61.40 million in 2020; this makes the country to be the 13th largest exporter of spices. Statistics also showed that spices’ export is the 20th most exported product in the country.
The major destinations of Nigeria’s export of spices are:
India, United Arab Emirates (UAE), and Saudi Arabia. But the fasted growing export markets for Nigeria’s spices are: United Arab Emirates (UAE), South Africa, and China. These statistics are important in order for you to know where to concentrate your business.
Export of spice seeds:
Export of spice seeds is also another export product from Nigeria to the world. But many people don’t seem to recognize the business; we will also bring this to the attention of our members as many people can key into the sector and make a lot of money too.
In 2020, Nigeria exported $24,100 in Spice Seeds, making it the 93rd largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 519th most exported product in Nigeria. The main destination of Spice Seeds exports from Nigeria are: Germany ($19.500), United Arab Emirates ($2,240), Dominican Republic ($2.130), and Norway ($273).
The fastest growing export markets for Spice Seeds of Nigeria between 2019 and 2020 were Germany ($19.500), United Arab Emirates ($2.240), and Norway ($273).
You will notice that the spice seeds are low in value, but when you go into it you will discover that what you actually require to make good money is just a little quantity of the type of seed you want to export.
Types of Spices in Nigeria:
Nigeria produces and exports the following types of spices:
– Nutmeg
– Black Pepper
– Turmeric
– Ginger
– Cumin
Types of Spices Produced in Other Countries:
Though Nigeria also produces some of the spices listed below, the export value of most of them listed here is very low.
– Cardamom
– Cinnamon
– Clove
– Ginger
– Nutmeg
– Turmeric
– Star Anise
– Allspice
– Anise Seed
– Basil
– Bay Leaf
– Caraway Seed
– Celery Seed
– Chervil
– Cilantro
– Cloves
– Dill Weed
– Fenugreek Seed
– Fennel Seed
– Gentian Root
– Galangal Root
– Garlic
In subsequent articles we are going to deal with these different types of spices and give you all the details you need to get them, process and export them.
Our company is one of the best companies in Agro-Export Business in Nigeria today, we train individuals and corporate organizations on how to do Export Business the right way; if you are interested, please contact the admin of this forum now for further details.
In this article we are going to start a very important journey in the field of spices farming, preparation and exportation from Nigeria. There will be detailed explanations and analysis in order to enable our members to key into this lucrative market of spices.
The main reason for this is the constant requests we get in our company from members and visitors so that they can benefit from the booming spices market in the world today. The truth is that this is one of the easiest export businesses that anybody who is serious can take part in and make good money.
People want to take advantage of the exchange rate of the Naira to other foreign currencies now to make good profit. The ambition is good and legitimate, but you need to follow some laid down procedures we are going to reveal to you.
We want to remind you also that you need to understand that in export in general you must respect and strictly follow the conditions set and laid down by the importing countries and companies.
You must understand that the major importing countries and regions of the world for our spices are majorly Europe and America, with a sprinkling of Asian countries. These countries and economic blocks have stringent conditions attached to importation of food items into their countries. We must consider these conditions very well too.
Nigeria is among the world’s largest exporters of spices, according to reports Nigeria exported spices valued at $61.40 million in 2020; this makes the country to be the 13th largest exporter of spices. Statistics also showed that spices’ export is the 20th most exported product in the country.
The major destinations of Nigeria’s export of spices are:
India, United Arab Emirates (UAE), and Saudi Arabia. But the fasted growing export markets for Nigeria’s spices are: United Arab Emirates (UAE), South Africa, and China. These statistics are important in order for you to know where to concentrate your business.
Export of spice seeds:
Export of spice seeds is also another export product from Nigeria to the world. But many people don’t seem to recognize the business; we will also bring this to the attention of our members as many people can key into the sector and make a lot of money too.
In 2020, Nigeria exported $24,100 in Spice Seeds, making it the 93rd largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 519th most exported product in Nigeria. The main destination of Spice Seeds exports from Nigeria are: Germany ($19.500), United Arab Emirates ($2,240), Dominican Republic ($2.130), and Norway ($273).
The fastest growing export markets for Spice Seeds of Nigeria between 2019 and 2020 were Germany ($19.500), United Arab Emirates ($2.240), and Norway ($273).
You will notice that the spice seeds are low in value, but when you go into it you will discover that what you actually require to make good money is just a little quantity of the type of seed you want to export.
Types of Spices in Nigeria:
Nigeria produces and exports the following types of spices:
– Nutmeg
– Black Pepper
– Turmeric
– Ginger
– Cumin
Types of Spices Produced in Other Countries:
Though Nigeria also produces some of the spices listed below, the export value of most of them listed here is very low.
– Cardamom
– Cinnamon
– Clove
– Ginger
– Nutmeg
– Turmeric
– Star Anise
– Allspice
– Anise Seed
– Basil
– Bay Leaf
– Caraway Seed
– Celery Seed
– Chervil
– Cilantro
– Cloves
– Dill Weed
– Fenugreek Seed
– Fennel Seed
– Gentian Root
– Galangal Root
– Garlic
In subsequent articles we are going to deal with these different types of spices and give you all the details you need to get them, process and export them.
Our company is one of the best companies in Agro-Export Business in Nigeria today, we train individuals and corporate organizations on how to do Export Business the right way; if you are interested, please contact the admin of this forum now for further details.
