How To Export Your Goods From Nigeria To Any Country
Updated On: 21 Mar 2024 | 3,841 Views

INTRODUCTION

You can become an international merchant with this blog if you take your time to review its contents to a large extent, taking cognizant of all the salient points seriously.

READ ALSO: Export to Canada from Nigeria - Goods & Foodstuffs

The market has been enlarged and expanded beyond the available spaces within your territory, there is a transformation taking place in this millennium for the benefits of all irrespective of tribes, race, educational background, location or status of your finance.

Ignorance is a curable disease, it only needs time, commitment and deliberate efforts to increase the horizon for better engagement and value accumulations unlike Coronavirus, Lasser fever that the research for its cure is endless.

As you read through this blog, start to imagine yourself as an international merchant for this blog will liberate your business to the next level you’ve never dream of. You will be marvel seeing your business thriving just like a magical experience in the evening market.

FIND OUT IN THIS BLOG

•    The concept of Exportation
•    Types of Exportation
•    What are the items I can Export?
•    How do I export my items?
•    Of what benefit(s) should I think of exporting my products?
•    Who can help me export to my destination?
•    Where can I export to?
•    Are there any risks for me?

The Concept of Exportation

Exportation comes from the verb “export” and its Latin root exportare, "to carry out" or "to send away." Exportation is one vital way of selling goods, like food or vehicles, and services, such as insurance or information technology. The process involves moving things across borders, from one country to another. In the simplest form, it is the act of exporting, conveying or sending commodities (items, goods, parcels, Cargoes, packages, etc.) aboard (from your country to other countries) in the course of commerce (business, marketing, transaction).

Many businessmen or women has grown to become a tycoon in their area of business because they embrace foreign commerce. Going by history, every named successful businessmen/women did not make their success within their immediate environment, they made sales across borders. Therefore, exportation has come to be from the time immemorial.

Methods of exporting a product, goods or information include mail, hand delivery, air shipping, shipping by vessel, uploading to the Internet when downloading from a website it is still exportation.

Types of Exportation

The act of exporting is called exportation hence permit me to use exporting in place of exportation at it rightly fit in. The types of exportation are mainly categorized into two forms and they are Direct and Indirect Exporting.
 
Direct exporting is the sale of goods abroad without any interference from a third party. In this case of direct exporting a firm itself undertakes the selling of its products overseas and singly handily responsible for dealing with foreign firms. A firm may exhibit direct exporting by anyone of the identified means:

•    Establishing the company’s own corporate export provision.
•    Appointing foreign sales representatives and agents.
•    Through foreign-based distributors and retailers/agents.
•    Through foreign-based state trading corporation.
•    Through overseas sales branches.

Indirect exporting means the sale of goods abroad through personnel (third party). Indirect exporting involves using the help of independent middlemen and sales intermediaries that take the responsibility of sending the products to foreign countries. Some major types of intermediaries of indirect exporting are as under:

•    Commission agents.
•    Domestic based export merchants or export trade companies.
•    Buying or purchasing agents.
•    Export agents.
•    Export management companies.
•    Cooperative organizations.

This indirect exporting has two sublets which are
1.    Occasional Indirect exporting.
2.    Active Indirect exporting.

Occasional exporting also known as passive exporting takes place when company exports from time to time either on its own initiative or in response to unsolicited orders from abroad. Active exporting takes place when the company makes a commitment to expand its exports to a particular market.

The main difference between direct and indirect exporting
The manufacturer performs the export task himself in case of direct exporting while the manufacturer delegates the export task to others (third party) in case of indirect exporting. As a result, the costs and risks involved in indirect exporting are less than those involved in direct exporting.

Advantages of indirect exporting over direct exporting.
•    Indirect exporting involves less investment. The firm does not have to develop an export department, an overseas sales force or a set of foreign contacts.
•    Indirect exporting involves less risk because international marketing intermediaries bring know-how and services to the relationship, the seller will normally make fewer mistakes.

What are the items I can Export?

What you can export out is independent of what you have, but for the sake of this blog, we will be concentrating on what you could export from Nigeria.
Nigeria is a blessed nation endowed with many natural resources and finished products. The value to what we have in Nigeria is unexplainable because, for every single natural resource you see, there are a lot of values embedded in it.
As we have crude oil so we also have non-oil products.

According to statistics, the most popular non-oil products, which are exported from Nigeria are cocoa, cassava, rubber, wool, cotton, palm oil, wood logs (Iroko or Mahogany) groundnut oil, cashew, garlic, and other products. Nigeria mainly exports goods to Europe and Asia.

Anything worth exchanging is exportable. So, what you are producing now or thinking to produce is exportable if you follow due process.

How do I export my items?

Having have your products, items, packages, parcels in your procession, the next question is how do I export it? Never worry, that is our noble cause in Valuehandlers International where you enjoy perfect shipping experience.

First thing first, identified your partners or prospective receiver of your export in the proposed country. Thereafter contact a capable and responsive freight forward who will come in with the transits endeavor.

With Valuehandlers International, you can export your goods and products to any country in the world. Just follow this simplest procedure and you will see your goods in their prospective destinations:

•    Submit your shipping inquiries/packing list to info@valuehandlers.com or use the Quote request form
•    Give details of your goods, e.g.: nature, weight, destination, and package, etc.
•    Receive an email detailing; your export Shipping rate and Procedure.
•    Complete registration form using a link attached to an email you received.
•    You'll be verified and our office address is given to you in an email.
•    The tracking code will be issued to monitor the movement of your goods while in transit.

For advice or inquiries, send a mail to info@valuehandlers.com. You can WhatsApp us on 08082375017 or speak to our customer care representative on 08032241768. For instant export, click the link:
Get Quote now!
Read also: Get Direct Shipping from Germany to Nigeria
Valuehandlers exports to the USA, UK, Germany, UAE, China, Russia, Spain, India, France, Saudi Arabia, South Africa, Qatar, Australia, Japan, Korea, and more than eighty countries.

Note: IATA policy on chargeable weight applies. In other words, the actual weight or dimensional weight (L x W x H) whichever is higher will be invoiced.

Of what benefit(s) should I think of exporting my products?

From the foreword above, it was registered that many merchants made their testimonies from e-commerce which means there are lots to exportation than you think. Although this blog cannot capture all the reasons for your business to embrace exportation on a quick line, aside from the monetary profits you tend to gain, there are other benefits ranging from influence, relationship, experience, and connections.
Ultimately, Increasing your sales potential. While importing products can help businesses reduce costs, exporting products can ensure increasing sales and sales potential in general and Increasing profits. Exporting products can largely contribute to increasing your profits.

However, exportation help in avoidance of often substantial cost of establishing manufacturing operations in the host country. Secondly, exporting may help a company achieve experience curve effects and location economies.

Ownership advantages are the firm's specific assets, international experience, and the ability to develop either low-cost or differentiated products within the contacts of its value chain. The locational advantages of a particular market are a combination of market potential and investment risk. Internationalization advantages are the benefits of retaining a core competence within the company and threading it through the value chain rather than to license, outsource, or sell it.

In relation to the eclectic paradigm, companies that have low levels of ownership advantages do not enter foreign markets. If the company and its products are equipped with ownership advantage and internalization advantage, they enter through low-risk modes such as exporting.

Exporting requires a significantly lower level of investment than other modes of international expansion, such as FDI. The lower risk of export typically results in a lower rate of return on sales than possible though other modes of international business. In other words, the usual return on export sales may not be tremendous, but neither is the risk. Exporting allows managers to exercise operation control but does not provide them the option to exercise as much marketing control.

An exporter usually resides far from the end consumer and often enlists various intermediaries to manage marketing activities. After two straight months of contraction, exports from India rose by 11.64% at $25.83 billion in July 2013 against $23.14 billion in the same month of the previous year
Who can help me export to my destination?

As a beginner reading this, or as an expert who has been in the exportation so far, I believe you we agreed with me, timeliness is the sole of this business, the capacity of sense of responsibility of your logistic company goes a long way in affecting your business.

A place with a track record of successful transactions, timely delivery, capable and responsible is second to none in my sincere recommendation to you.
Of all the above qualities, Valuehandlers International in on the top lists, hence I recommend them for your consideration and you shall enjoy perfect shipping experience.

Where can I export to?

The whole world has been brought to one circle called a global village where you make all relationships, contact and even search for people that needs what you and ready to exchange for money. With the help of the website, there is no specification to where you could export to. You can export anywhere in this world, it lies on how wide you can fly and the space you want to occupy.

Are there any risks for me?

I would have guarantee you perfect exportation, lopes free without any probability but in this perverse world, where impersonation is everywhere, survival needs cautions.

Among the cautions, you need to observe is the following
Sometimes you need to wait for payments.
This in necessary to avoid been raped by your goods. There are fraudsters looking for who to devour everywhere, hence if there need be to do payment at delivery, you must do your background check up very well, verify your facts and figures with this you will be safe.  

You must have English knowledge.
Two cannot walk together unless they agreed. Perfect communication is the sailor of every agreement. Therefore, it is always safer to communicate in a language you both understand very well. If you cannot speak and understand it hire someone who does.

Transportation costs may be high on some occasions.
Always stay updated on the shipping cost, there are seasons where shipping rate swings up while there are times it will be fair too. It will be a huge gain unto you if you export at a fixed rate when the shipping rate drop-down but a huge disaster if the rate rises up. Always stay abreast of the shipping rate for gainful shipping.

If you export the product without getting the settlement, your importer may cheat you. You may lose your profit because of seasonal fluctuations.

About the Blogger: Valuehandlers is a professional Freight forwarder specializes in Air & Sea shipping, Customs clearing and cargo delivery from and to Nigeria for Packages, Item, Equipment, Machines, Raw materials, Dangerous goods, Personal effects, trucks, and cars, etc. from and to more than eighty (80) countries.