Top Agricultural Export Products Of Nigeria And Their Importance

“This article discusses the Top Agricultural Export Products Of Nigeria And Their Importance like cocoa, sesame seeds, cashew nuts, ginger, shrimps, etc. and their importance in the Nigerian economy.”

 

Agriculture is the backbone of the Nigerian economy. It employs about 70% of the Nigerian workforce and contributes a sizable portion to Nigeria’s gross domestic product (GDP). Nigeria has a huge potential to be a major player in the global agricultural market due to its arable land and climate conditions that are suitable for the cultivation of various agricultural commodities. However, the sector faces many challenges that have hindered it from achieving its full potential. This article discusses Nigeria’s top agricultural export products, procedures for export, challenges, and recommendations to boost agricultural exports from the country.

 

Top Agricultural Export Products Of Nigeria

Cocoa

Cocoa is one of the main agricultural commodities exported from Nigeria. The country is the fourth-largest producer of cocoa in the world. In 2021, Nigeria exported cocoa worth $114.1 billion. The main destinations of Nigerian cocoa exports are the Netherlands, Germany, Indonesia, Malaysia, and Belgium. The Netherlands alone imported $30.3 billion worth of cocoa beans from Nigeria in 2018.

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Sesame Seeds

Nigeria is the world’s third-largest producer of sesame seeds after India and China. It exported sesame seeds worth $81.5 billion in the first half of 2022. China and other Asian countries like Japan, Turkey, and Vietnam are the prime importers of Nigerian sesame seeds. Sesame seeds and sesame oil have many nutritional and industrial uses.

 

Cashew Nuts

Nigeria ranks sixth in global cashew nut production. It earned $67.39 billion from cashew nut exports in H1 2022. Major buyers are Vietnam, India, UAE, China, and Malaysia. Cashew kernels are used in confectionery, bakery, cosmetics, and pharmaceutical industries.

 

Ginger

Nigeria accounts for 40% of global ginger production. It exported ginger worth $12.63 billion in H1 2022, making it a major ginger exporter. The Netherlands and Indonesia imported most of Nigeria’s ginger exports.

 

Frozen Shrimp and Prawns

Nigeria exported frozen shrimps and prawns worth $5.6 billion in 2018 with the Netherlands being the largest importer. Other exports include cocoa butter, plants, palm nuts and kernels, and Brazil nuts.

 

Procedures For Exporting Agricultural Products From Nigeria

To export agricultural goods from Nigeria, exporters must comply with procedures set by Nigerian and importing country agencies and regulations. This includes obtaining phytosanitary certificates, fumigation, meeting import country standards, and certification process by agencies like NAFDAC, SON, etc. Nigerian Export Promotion Council provides support through trade guidelines.

 

Challenges In Agricultural Export

Some challenges faced by Nigeria’s agricultural export sector include high cost of doing business due to inefficient port processes, lack of adequate storage and processing facilities, insufficient quality control, infrastructure deficits, limited access to capital, and the presence of contaminants like mycotoxins in exports.

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FAQs

 

What are Nigeria’s main agricultural exports?

Nigeria’s top agricultural exports include cocoa, sesame seeds, cashew nuts, ginger, frozen shrimp, palm oil, soya beans, etc.

Which country imports most Nigerian agricultural exports?

Asian countries like China, India, Japan, Vietnam, and European nations like Netherlands, Germany, and Belgium are the largest importers of Nigeria’s agricultural exports.

What is the value of Nigeria’s agricultural exports?

In the first half of 2022, Nigeria earned $343.4 billion from agricultural exports. However, the sector still faces challenges to realize its full export potential.

What are the procedures for exporting agricultural products from Nigeria?

Exporters must comply with the regulations of Nigerian export agencies and destination country requirements regarding certification, standards, processing, etc.

What are the challenges facing Nigeria’s agricultural export sector?

High cost of doing business, infrastructure deficits, lack of quality control and storage facilities, financial constraints are some challenges restricting growth.

Which agency promotes Nigeria’s agricultural exports?

The Nigerian Export Promotion Council (NEPC) is the government agency that supports and promotes Nigerian agricultural and other exports.

Which commodity does Nigeria export the most?

Cocoa is Nigeria’s largest agricultural export, earning $114.1 billion in H1 2022 alone.

Why is Nigeria an important global producer of some agricultural commodities?

Nigeria’s warm climate and fertile land make it suitable for growing commodities like cocoa, cashew, sesame, ginger, etc. positioning it as a major global supplier.

Apart from Asia and Europe, which other regions import Nigerian farm produce?

The Americas also imports agricultural goods from Nigeria, though on a smaller scale compared to Asian and European countries.

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What steps can Nigeria take to boost its agricultural exports?

Investing in infrastructure, quality control, financing, and research can help Nigeria leverage its potential to export more agricultural products.

 

Conclusion

Nigeria has a large agricultural sector and a conducive climate for producing many commodities in high volumes. However, inefficient export procedures, infrastructure limitations and other challenges have restricted its ability to capitalize on the global export market potential. If issues about providing better access to finance, and improved post-harvest infrastructure like storage, processing, and quality controls are addressed, Nigeria can significantly boost agricultural exports and earnings. This will generate greater economic growth and jobs in rural areas.

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