Top 4 Profitable Export Items in Nigeria

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Top 4 Profitable Export Items in Nigeria
Image Credit: DemandSupplier

Exportation contributes in no small measure to Nigeria’s
annual revenue. In fact, it is one of the significant factors behind the
favourable growth of Nigeria’s economy. Interestingly, Nigeria is endowed with
a significant amount of resources including cash crops and many other export
commodities. However, exportation has decreased probably due to claims that the
country’s agricultural produce is not sufficient for national consumption.

Nevertheless, exportation has been the source of wealth for
many Nigerians especially farmers who grow export items with the purpose of
moving them out of the country in return for money.
In this article, you will be presented with the list of top 4 profitable items you can export from Nigeria and make reasonable profits.
Cocoa Butter

Extracted from cocoa, cocoa butter is very essential for the
production of all kinds of chocolates. In foreign nations, including Britain
and the US, there is high consumption of chocolates and other cocoa products.
Due to this, cocoa farming has remained the source of wealth for many Nigerian
farmers particularly in the South West. Also, cocoa fruits are essential in the
manufacturing of drugs and cosmetics.
Sesame Seeds

Sesame seeds are profitable export items and predominantly
exist in northern Nigeria –precisely in Jigawa and Benue states. Across the
globe, Nigeria is ranked the fifth biggest producer of sesame seeds and over
the years, its exportation has yielded substantial amounts of dollars for
Nigeria. Just behind cocoa, sesame seed is Nigeria’s second most valuable
export item.
Pure Honey

In Nigeria, pure honey constitutes one of the
profit-yielding export items. In exchange, one kilogram of pure honey can be
worth more than $150. Nigeria produces pure natural honey in large quantities
and the sale of this has yielded substantial revenue both locally and
internationally. Regarded as an essential consumable, pure honey is composed of
vital nutrients such as vitamins, mineral and amino acids.
Garlic

Garlic is one of the cash crops commonly grown by farmers in
Nigeria. It is predominantly found in the Savanna regions of the country and as
a legitimate export commodity, farmers earn money from large-scale production
of garlic. Although garlic yields substantial export returns, its production
usually requires sufficient supply of water. At times, the construction of
irrigation channels may be necessary to ensure garlic is produced in large
quantities.

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