Post by Trade facilitator on Apr 19, 2021 13:52:09 GMT 1
Top 10 Agro Food Products Exported From Nigeria In The Year 2020
Nigerian exporters of agricultural produce have continued to increase the quantity and value of good exported over the years.
According to data released by the National Bureau of Statistics; for 2020, Nigeria exported agricultural products worth N321.5 billion. This represents an increase of 19.6% compared to N269.8 billion recorded in 2019, and a 6.27% increase when compared to N302.28 billion recorded in 2018.
Despite the increase recorded in exports, Nigeria witnessed an increase in imported agricultural goods by 78.58% in 2020 compared to 2019.
The country imported agricultural goods worth N1.71 trillion in 2020 as against N959.5 billion in 2019.
You can see that there is still a huge gap to be covered by Nigerian exporters. So the market is wide open for exporters to move in and make dollars.
Despite the value of crude oil exportation, agriculture still remains the mainstay of Nigeria’s economy; it provides the greatest source of livelihood for majority of Nigerians.
The agricultural sector is the largest sector of the National economy, and it is responsible for providing employment for more than 67% of the entire labour force in the country.
Despite the great potential provided by agriculture in Nigeria, there are so many impediments standing on the way of agriculture. These problems, according to the Food and Agricultural Development Organization of the United Nations, the country was not able to increase the value-added per capital by up to 1% in the last 20 years.
The report also shows that about $10 billion annual export opportunities from groundnut, cocoa, palm oil, and cotton have been lost by the country from steady decline in the production of these commodities.
The president of the Federal Republic of Nigeria, Muhammadu Buhari has been appealing to farmers to increase food production in the country as the nation does not have money to import food any longer.
My dear farmers, this is a clarion call for us to increase our efforts in order to take advantage of the opportunity provided by these conditions.
Let us look at the major products that brought in the most cash in 2020 so that you can position yourself in the new season to cash in.
Sesame Seeds: N98.27 billion
Sesame seed is grown mainly in Northern Nigeria due to the drought-resistant nature of the seeds. Its oil is the most demanded vegetable oil in the world, because of its zero cholesterol content.
We have done an article on sesame seed export in the past. We are one of the leading sesame seed producers and exporters in the world.
Cocoa: N87.44 billion
Cocoa comes from three major tropical regions of the world: South East Asia, Latin America, and West Africa. Cote d’Ivore of West Africa is the single largest producer of cocoa beans in the world; it accounts for about 31% of the global supply. We have also done an article on cocoa export in our forum.
Cashew Nuts: N45.88 billion
Cashew nut has been cultivated in Nigeria for many years, the primary product is the kernel, and it is the edible portion of the nut.
Frozen Foods: N7.78 billion
Nigeria exported various frozen food items in the year under review including: frozen shrimps and prawns; frozen rock lobster and other sea crawfish.
Shea: N6.47 billion
These Shea fruits and nuts are non-timber forest products that are gathered annually during the Shea tree fruiting season.
Oil and other by-products from the nuts are used in making Shea butter and other types of skin products.
Ginger: N6.15 billion
Ginger spice is a widely used commodity in Nigeria and other countries of the world. Antioxidants and nutrients in ginger help in treating many illnesses. Be on the lookout as we will soon treat ginger exports from Nigeria.
Sesame Oil: N4.83 billion
If you check very well you will discover that we have treated the first article in the series of sesame seed business in Nigeria. We are still coming back to treat more on it. Export of sesame seed is one of the easiest I have done; I have cleaned it manually and with machine and still got good results. The oil is one of the most sought after oils in the world.
Soya Beans: N3.53 billion
Naturally soya beans grow well in all kinds of soil in Nigeria; except soils with poor water retention. Therefore soils with PH of 6.5 and above are the best. We are coming with an article on soya beans export very soon. Be on the lookout.
Coconuts: N3.36 billion
I don’t think that there is any state in Nigeria that coconut cannot be farmed profitably. In fact one hectare of coconut can have about 20,000 coconut trees planted and are rain fed. Be ready to do this business as we will be coming with a smash hit article on the farming and exportation of this product very soon.
Hibiscus Flower: N1.58 billion
Hibiscus flower is farmed mainly in some states in Nigeria like: Bauchi, Borno, Gombe, Kano and Katsina. Most of us in Nigeria know about the nutritious zobo drink, it is made from hibiscus flower. We will soon do new article on it.
What are you waiting for?
You can see so many opportunities that have presented themselves to us in this country as exporters and intending exporters. Get in and start with one product and move from there.
Where can you get the practical knowledge training you require?
The Admin of this forum organizes weekly practical training for intending exporters, get in touch and start your business. Stop wasting time, as time waits for no one.
How can you get foreign buyers?
If you already know how to get some of these products we discussed and many more; just attend the training and you will be trained on how to source for foreign buyers.
Everything you need to know to succeed in your export and import business in Nigeria will be handed to you on a platter of gold when you attend any of the courses.
See you there.
Nigerian exporters of agricultural produce have continued to increase the quantity and value of good exported over the years.
According to data released by the National Bureau of Statistics; for 2020, Nigeria exported agricultural products worth N321.5 billion. This represents an increase of 19.6% compared to N269.8 billion recorded in 2019, and a 6.27% increase when compared to N302.28 billion recorded in 2018.
Despite the increase recorded in exports, Nigeria witnessed an increase in imported agricultural goods by 78.58% in 2020 compared to 2019.
The country imported agricultural goods worth N1.71 trillion in 2020 as against N959.5 billion in 2019.
You can see that there is still a huge gap to be covered by Nigerian exporters. So the market is wide open for exporters to move in and make dollars.
Despite the value of crude oil exportation, agriculture still remains the mainstay of Nigeria’s economy; it provides the greatest source of livelihood for majority of Nigerians.
The agricultural sector is the largest sector of the National economy, and it is responsible for providing employment for more than 67% of the entire labour force in the country.
Despite the great potential provided by agriculture in Nigeria, there are so many impediments standing on the way of agriculture. These problems, according to the Food and Agricultural Development Organization of the United Nations, the country was not able to increase the value-added per capital by up to 1% in the last 20 years.
The report also shows that about $10 billion annual export opportunities from groundnut, cocoa, palm oil, and cotton have been lost by the country from steady decline in the production of these commodities.
The president of the Federal Republic of Nigeria, Muhammadu Buhari has been appealing to farmers to increase food production in the country as the nation does not have money to import food any longer.
My dear farmers, this is a clarion call for us to increase our efforts in order to take advantage of the opportunity provided by these conditions.
Let us look at the major products that brought in the most cash in 2020 so that you can position yourself in the new season to cash in.
Sesame Seeds: N98.27 billion
Sesame seed is grown mainly in Northern Nigeria due to the drought-resistant nature of the seeds. Its oil is the most demanded vegetable oil in the world, because of its zero cholesterol content.
We have done an article on sesame seed export in the past. We are one of the leading sesame seed producers and exporters in the world.
Cocoa: N87.44 billion
Cocoa comes from three major tropical regions of the world: South East Asia, Latin America, and West Africa. Cote d’Ivore of West Africa is the single largest producer of cocoa beans in the world; it accounts for about 31% of the global supply. We have also done an article on cocoa export in our forum.
Cashew Nuts: N45.88 billion
Cashew nut has been cultivated in Nigeria for many years, the primary product is the kernel, and it is the edible portion of the nut.
Frozen Foods: N7.78 billion
Nigeria exported various frozen food items in the year under review including: frozen shrimps and prawns; frozen rock lobster and other sea crawfish.
Shea: N6.47 billion
These Shea fruits and nuts are non-timber forest products that are gathered annually during the Shea tree fruiting season.
Oil and other by-products from the nuts are used in making Shea butter and other types of skin products.
Ginger: N6.15 billion
Ginger spice is a widely used commodity in Nigeria and other countries of the world. Antioxidants and nutrients in ginger help in treating many illnesses. Be on the lookout as we will soon treat ginger exports from Nigeria.
Sesame Oil: N4.83 billion
If you check very well you will discover that we have treated the first article in the series of sesame seed business in Nigeria. We are still coming back to treat more on it. Export of sesame seed is one of the easiest I have done; I have cleaned it manually and with machine and still got good results. The oil is one of the most sought after oils in the world.
Soya Beans: N3.53 billion
Naturally soya beans grow well in all kinds of soil in Nigeria; except soils with poor water retention. Therefore soils with PH of 6.5 and above are the best. We are coming with an article on soya beans export very soon. Be on the lookout.
Coconuts: N3.36 billion
I don’t think that there is any state in Nigeria that coconut cannot be farmed profitably. In fact one hectare of coconut can have about 20,000 coconut trees planted and are rain fed. Be ready to do this business as we will be coming with a smash hit article on the farming and exportation of this product very soon.
Hibiscus Flower: N1.58 billion
Hibiscus flower is farmed mainly in some states in Nigeria like: Bauchi, Borno, Gombe, Kano and Katsina. Most of us in Nigeria know about the nutritious zobo drink, it is made from hibiscus flower. We will soon do new article on it.
What are you waiting for?
You can see so many opportunities that have presented themselves to us in this country as exporters and intending exporters. Get in and start with one product and move from there.
Where can you get the practical knowledge training you require?
The Admin of this forum organizes weekly practical training for intending exporters, get in touch and start your business. Stop wasting time, as time waits for no one.
How can you get foreign buyers?
If you already know how to get some of these products we discussed and many more; just attend the training and you will be trained on how to source for foreign buyers.
Everything you need to know to succeed in your export and import business in Nigeria will be handed to you on a platter of gold when you attend any of the courses.
See you there.
