Nigeria’s rich agricultural landscape and abundant natural resources offer vast potential for entrepreneurs looking to enter the export market. This guide explores 30 local products that can be exported from Nigeria, detailing their sourcing locations, packaging methods, pricing, and profit margins.
- Cocoa Beans
Sourcing Locations: Akure (Ondo State), Ijebu (Ogun State), Calabar (Cross River State)
Packaging: Sacks (50kg)
Local Price: ₦1,800 – ₦2,200 per kg
Export Price: ₦2,800 – ₦3,500 per kg
Profit Potential: ₦1,000 – ₦1,300 per kg - Cashew Nuts
Sourcing Locations: Ikare (Ondo State), Ilesha (Osun State), Owo (Ondo State)
Packaging: Jute bags (25kg)
Local Price: ₦450 – ₦600 per kg
Export Price: ₦800 – ₦1,200 per kg
Profit Potential: ₦350 – ₦600 per kg - Palm Oil
Sourcing Locations: Ogbomosho (Oyo State), Port Harcourt (Rivers State), Ugep (Cross River State)
Packaging: Plastic drums (25 liters)
Local Price: ₦14,000 – ₦16,000 per drum
Export Price: ₦20,000 – ₦25,000 per drum
Profit Potential: ₦6,000 – ₦11,000 per drum - Ginger
Sourcing Locations: Numan (Adamawa State), Kafanchan (Kaduna State), Zaria (Kaduna State)
Packaging: Sacks (50kg)
Local Price: ₦700 – ₦1,000 per kg
Export Price: ₦1,200 – ₦1,500 per kg
Profit Potential: ₦500 – ₦800 per kg - Yams
Sourcing Locations: Gboko (Benue State), Ijebu Ode (Ogun State), Epe (Lagos State)
Packaging: Sacks (50kg)
Local Price: ₦1,000 – ₦1,500 per sack
Export Price: ₦2,000 – ₦3,500 per sack
Profit Potential: ₦1,000 – ₦2,500 per sack - Bitter Kola
Sourcing Locations: Umuahia (Abia State), Abak (Akwa Ibom State)
Packaging: Bags (25kg)
Local Price: ₦400 – ₦600 per kg
Export Price: ₦800 – ₦1,000 per kg
Profit Potential: ₦400 – ₦600 per kg. - Hibiscus Flowers (Zobo)
Sourcing Locations: Gombe (Gombe State), Kano (Kano State)
Packaging: Sacks (25kg)
Local Price: ₦200 – ₦300 per kg
Export Price: ₦500 – ₦700 per kg
Profit Potential: ₦300 – ₦400 per kg - Groundnuts (Peanuts)
Sourcing Locations: Gwari (Niger State), Yola (Adamawa State)
Packaging: Bags (50kg)
Local Price: ₦700 – ₦900 per kg
Export Price: ₦1,200 – ₦1,500 per kg
Profit Potential: ₦500 – ₦600 per kg - CLICK HERE to see essential documents required for exports and where to get them
- Moringa Leaves
Sourcing Locations: Jalingo (Taraba State), Maiduguri (Borno State)
Packaging: Bags (25kg)
Local Price: ₦1,200 – ₦1,800 per kg
Export Price: ₦2,000 – ₦3,000 per kg
Profit Potential: ₦800 – ₦1,200 per kg. - Honey
Sourcing Locations: Numan (Adamawa State), Ilesha (Osun State)
Packaging: Bottles (1 liter)
Local Price: ₦2,000 – ₦3,000 per liter
Export Price: ₦4,000 – ₦6,000 per liter
Profit Potential: ₦2,000 – ₦3,000 per liter - Kola Nuts
Sourcing Locations: Eket (Akwa Ibom State), Ekiti (Ekiti State)
Packaging: Sacks (25kg)
Local Price: ₦800 – ₦1,200 per kg
Export Price: ₦1,500 – ₦2,000 per kg
Profit Potential: ₦700 – ₦800 per kg - Charcoal
Sourcing Locations: Oyo (Oyo State), Ijebu Ode (Ogun State)
Packaging: Bags (25kg)
Local Price: ₦2,500 – ₦3,500 per bag
Export Price: ₦4,000 – ₦6,000 per bag
Profit Potential: ₦1,500 – ₦2,500 per bag - Dried and Smoked Fish
Sourcing Locations: Epe (Lagos State), Bonny Island (Rivers State)
Packaging: Bags (25kg)
Local Price: ₦4,000 – ₦5,000 per kg
Export Price: ₦8,000 – ₦10,000 per kg
Profit Potential: ₦4,000 – ₦5,000 per kg - Crude Palm Kernel Oil
Sourcing Locations: Ugep (Cross River State), Oyo (Oyo State)
Packaging: Plastic drums (25 liters)
Local Price: ₦12,000 – ₦15,000 per drum
Export Price: ₦18,000 – ₦25,000 per drum
Profit Potential: ₦6,000 – ₦10,000 per drum - Bamboo Products
Sourcing Locations: Obudu (Cross River State), Ikorodu (Lagos State)
Packaging: Individual products
Local Price: ₦500 – ₦3,000 (varies by product)
Export Price: ₦2,000 – ₦5,000 (varies by product)
Profit Potential: ₦1,000 – ₦2,500 per product - Potatoes (Irish and Sweet)
Sourcing Locations: Jos (Plateau State), Ekiti (Ekiti State)
Packaging: Sacks (50kg)
Local Price: ₦15,000 – ₦20,000 per sack
Export Price: ₦25,000 – ₦35,000 per sack
Profit Potential: ₦10,000 – ₦15,000 per sack - Sorghum
Sourcing Locations: Potiskum (Yobe State), Kafanchan (Kaduna State), Bauchi Town (Bauchi State)
Packaging: Sacks (100kg)
Local Price: ₦15,000 – ₦20,000 per sack
Export Price: ₦25,000 – ₦35,000 per sack
Profit Potential: ₦10,000 – ₦15,000 per sack - Tamarind
Sourcing Locations: Benin City (Edo State), Ijebu Ode (Ogun State)
Packaging: Sacks (25kg)
Local Price: ₦1,500 – ₦2,000 per kg
Export Price: ₦2,500 – ₦3,500 per kg
Profit Potential: ₦1,000 – ₦1,500 per kg - Rubber
Sourcing Locations: Ahoada (Rivers State), Ijebu (Ogun State)
Packaging: Sacks (50kg)
Local Price: ₦1,000 – ₦1,500 per kg
Export Price: ₦2,000 – ₦2,800 per kg
Profit Potential: ₦1,000 – ₦1,800 per kg - Shea Butter
Sourcing Locations: Oyo (Oyo State), Kwara (Kwara State)
Packaging: Bottles (1 liter) or sacks (25kg)
Local Price: ₦8,000 – ₦10,000 per sack
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Export Price: ₦12,000 – ₦15,000 per sack
Profit Potential: ₦4,000 – ₦5,000 per sack
- Spices (Pepper, Turmeric, etc.)
Sourcing Locations: Oyo (Oyo State), Kano (Kano State), Ijebu Ode (Ogun State)
Packaging: Bags (25kg)
Local Price: ₦3,000 – ₦4,500 per kg
Export Price: ₦6,000 – ₦9,000 per kg
Profit Potential: ₦3,000 – ₦4,500 per kg - Ground Spice (Pounded Yam, etc.)
Sourcing Locations: Abia (Abia State), Enugu (Enugu State)
Packaging: Bags (25kg)
Local Price: ₦2,000 – ₦3,000 per kg
Export Price: ₦5,000 – ₦7,000 per kg
Profit Potential: ₦3,000 – ₦4,000 per kg - Fish Meal
Sourcing Locations: Epe (Lagos State), Port Harcourt (Rivers State)
Packaging: Bags (25kg)
Local Price: ₦6,000 – ₦8,000 per kg
Export Price: ₦12,000 – ₦15,000 per kg
Profit Potential: ₦6,000 – ₦7,000 per kg - Essential Oils (Lemon Grass, etc.)
Sourcing Locations: Oyo (Oyo State), Enugu (Enugu State)
Packaging: Bottles (500ml)
Local Price: ₦4,000 – ₦6,000 per bottle
Export Price: ₦10,000 – ₦15,000 per bottle
Profit Potential: ₦6,000 – ₦9,000 per bottle - African Black Soap
Sourcing Locations: Kogi (Kogi State), Osun (Osun State)
Packaging: Individual bars or bags (5kg)
Local Price: ₦1,500 – ₦2,000 per kg
Export Price: ₦3,000 – ₦4,500 per kg
Profit Potential: ₦1,500 – ₦2,500 per kg - Natural Handcrafted Soaps
Sourcing Locations: Lagos (Lagos State), Abuja (FCT)
Packaging: Individual bars or boxes (1kg)
Local Price: ₦2,500 – ₦3,500 per kg
Export Price: ₦5,000 – ₦7,000 per kg
Profit Potential: ₦2,500 – ₦3,500 per kg - Textile and Fashion Products (Aso Oke, etc.)
Sourcing Locations: Lagos (Lagos State), Osogbo (Osun State)
Packaging: Bales (10kg)
Local Price: ₦8,000 – ₦12,000 per bale
Export Price: ₦15,000 – ₦20,000 per bale
Profit Potential: ₦7,000 – ₦8,000 per bale - Beads and Jewelry
Sourcing Locations: Idanre (Ondo State), Lagos (Lagos State)
Packaging: Boxes (1kg)
Local Price: ₦3,000 – ₦5,000 per kg
Export Price: ₦6,000 – ₦10,000 per kg
Profit Potential: ₦3,000 – ₦5,000 per kg - Local Wine (Palm Wine, etc.)
Sourcing Locations: Akwa Ibom (Akwa Ibom State), Ogun (Ogun State)
Packaging: Bottles (1 liter)
Local Price: ₦500 – ₦1,000 per bottle
Export Price: ₦1,500 – ₦2,500 per bottle
Profit Potential: ₦1,000 – ₦1,500 per bottle - Snail Farming Products
Sourcing Locations: Ibadan (Oyo State), Akure (Ondo State)
Packaging: Bags (10kg)
Local Price: ₦3,000 – ₦5,000 per kg
Export Price: ₦8,000 – ₦12,000 per kg
Profit Potential: ₦5,000 – ₦7,000 per kg
Conclusion
Nigeria’s diverse agricultural products and natural resources provide ample opportunities for export. Entrepreneurs can maximize their profits by sourcing locally, ensuring quality packaging, and exploring various international markets. Understanding pricing dynamics and establishing strong distribution channels will be crucial for success in the export business. By focusing on these 30 products, you can tap into the global demand for quality Nigerian goods, contributing to the growth of both local and national economies.
