Post by Ismail AbdulAzeez on Oct 29, 2020 11:36:06 GMT 1
It is no doubt that exporting cocoa from Nigeria to other countries of the world is a very profitable type of business. Gone are the days when people used to think that you can only export oil related products, but these days the situation is different. Cocoa is a major commodity you can export and earn some good money. The business of exporting cocoa is not as complicated as you may think, you just need to have a company, necessary documents, and implement what you have researched about export.
Here, we present a detailed guide on how to export cocoa from Nigeria to other countries. These requirements for exporting cocoa to foreign countries will give you a foresight on how you do your export successfully.
Easy steps for fast and smooth export are given in this 3-step guide.
Begin your research
When it comes to exporting any products from Nigeria to other countries, you have to research everything about the export business, just as you are doing, reading this export article now. Doing a survey prior to shipping goods and starting your own business is a very reasonable decision.
- You have to establish foreign contacts and find enough customers to sell your goods to. Research the market satiation and find the countries which will be the best to export to. Once you find it, think about advertisement and promotion of your product.
- Also consider cost. It is good to think about the cost of exporting your products from Nigeria, which includes export duties. Check the cost and determine its affordability.
- Transportation. Research the most convenient shipping companies or cargo flights that are available in Nigeria. We provide details as this too.
- Legal requirements. You need to find out what kind of documents you need and what are the conditions your company must adhere to. Also, pay attention to the certification process. Will the government require you to certify your goods or register them somehow? You can visit Nigerian Export Promotion Council for more professional support.
Register your export business
For this, you should head to Corporate Affairs Commissions. It is important to do this because your customer will check CAC site for more detailed information about your company. If they do not find anything, they are not likely they will not agree to cooperate with you. Since Nigeria has a reputation of not being a very trustworthy country, you had better register your business so that you can win the customers’ trust.
Registration of export business in Nigeria
It is very important to have a Certificate of Incorporation and register at the Nigerian Export Promotion Council (NEPC). This is done by anyone who plans to export non-oil products from Nigeria to other foreign countries.
Search for foreign customers
Why should you start international trade?
We all know that the most important people in business are not bosses, but customers. If there are no customers, then there will be no business. For this reason, you have to search for customers very precisely. Since you will work with foreign clients, you have to work on promotion and creating a good visual picture of your company and products you export. Come up with a website design and promote it on web search platforms, such as Google or social media. Facebook and Instagram can also help, depending on the products you plan to export.
Create a website
You should have a multi-functional website that will display all products, along with your contact information and all the necessary information that the client might need. The Internet is literally the only way for you to get connected with clients and help your business develop. Cooperation with other companies can also be a solution since they can help you to find new partners and build some useful connections.