Top 9 Export Items From Nigeria That Can Fetch You Dollars

Do you know that Nigeria is the Blot export economy in the world? In 2016, Nigeria exported $36.9 Billion and imported $35.1 Billion resulting in a positive trade balance of $1.81 Billion. The GDP of Nigeria was $404 Billion and its GDP per capitals was $5.86.

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Nigeria’s Top 10 Import Purchases

In 2007, the following product categories represent Nigeria’s top 10 product purchases and are still in high demand because of increase in the population. They include –

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The Export Business in Nigeria: Tips for Beginners

Exporting business is very lucrative in Nigeria and can be referred to as a gold mine. This is because statistics has it that the export business is worth over & 900m alone.

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5 Industries with substantial growth prospects

Nigeria is a country with a population of over 190 million people. This means it has the largest market in Africa. Hence, due to high population, there is substantial growth prospects for the following industries.

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Making a choice: Ocean Freight or Air Freight

When it comes to international shipping, there are two main options: ocean freight or air freight. Air freight is basically moving cargo in airplanes from point A to point B. Ocean freight means moving the cargo in ships, either in a full container (Full Container Load: FCL), or sharing space with other

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