By following the right process, exportation is one of the easiest multi-million naira business a person can do in Nigeria. Well, don’t be fooled. It is not as easy as that might sound, but this is one of the easiest international businesses you can do. No business is easy. If doing business was easy, everyone will have a business and no one would fail.
Are you interested in becoming an exporter in Nigeria? Would you like to do business with people from across the world? Would you like to get paid in the most valuable currencies around the world? Would you like to build a business that will have branches and operations in different continents around the world? Then you are in the right place. This article was written particularly for you.
To start an exportation business in Nigeria, there are procedures you should be prepared to follow. Once you do this, you are set.
1. Register Your Exportation Business
Business Registration is one of the signs of a serious business. No one will take an exportation business serious if it is not registered. You need to understand that this business will operate like a standard corporation in the international market. So, you need to get the basics right.
2. Register With The Nigerian Export Promotion Council (NEPC)
If you do not want any problems with your parcels and containers after you have grown big, you had better registered with the Nigerian Export Promotion Council.
3. Register With Customs
As you can see, there are a lot of registrations needed for this business. You need a lot of these registrations to avoid all the possible problems attached to government agencies. The customs is one agency you don’t want to cross as they can impound your goods no matter how large they are, if you are not registered.
4. Obtain Special Licenses and Permits
Not everyone needs this, but if you are dealing in some major goods, you might need a license or a permit to export it out of the country. Without this license, your business is considered illegal. While doing this, don’t just get the permits that are available. Confirm that all the products you plan to export are allowed. Some products have no permit because they are prohibited. Stay away from them.
5. Get Your Insurance
Anything could go wrong. This is not a matter of divine protection. You need to plan for hazards and disasters. Get an insurance, so that you can handle disasters when they happen.
6. Partner With A Shipping Company To Ship Your Product(s)
There are Freight Forwarding Companies in Nigeria that are solely dedicated to helping Nigerians export goods to countries around the world. Most of them have specific countries that they export to. So, find the one that exports to the country or countries you want, and strike a deal with them.
Below are top 50 important export businesses that can be profitable for even a new business:
1. Clothing –
2. Sea food Export –
3. Handicrafts export –
4. Beauty Products –
5. Flexographic Ink Export
6. Toilet paper export –
7. Vegetables –
8. Fruits
9. Chemical Exports –
10. Export Insurance Service Provider
11. Food and Beverage
12. Live stock business
13. Meat Exports –
14. Construction chemical export –
15. Medicine Export –
16. Petroleum goods –
17. Detergents Export
18. Warehouse service provider
19. Home made goods
20. Machinery business –
21. Souvenir Export
22. Safety shoes –
23. Used product’s exports
24. Marketing expert business
25. Metal exports
26. Furniture exports
27. Cotton exports
28. Plastic Export –
29. Leather products –
30. Cloud based service exports
31. Timber export –
32. IT consultant
33. Export consultant
34. Traditional/ Fancy chappals –
35. Saffron Export –
36. Art work
37. Auto Spare Parts Export
38. Designer wear
39. Export Directory Provider
40. Environment Technologist –
41. Vehicle exports
42. Jewellery/ Gem exports –
43. Animal feed export –
44. Logistics exports
45. Service provider to overseas customers
46. Gadgets export
47. Pickles export
48. Medical equipments export
49. Custom broker
50. Iron export
Good luck!
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