Guidelines for exporting agro products from Nigeria

Nigeria

Published Jun 23, 2021

Tridge summary

The Nigerian agricultural sector which employs two-thirds of the entire labor force is the largest sector of the economy. The sector contributed about 25.2 % (N10.50 trillion) to the nation's GDP as of 2019. Despite this status as being the largest employer of labor, it is estimated that Nigeria has lost USD 10 billion in annual export opportunities from groundnut, palm oil , cocoa, and cotton.

Original content

The Netherlands is amongst Nigeria's biggest trading partners. Nigeria exports agricultural products like cocoa beans, cashew nuts in shell, frozen shrimps, ginger, fish, crustaceans, mollusks, aquatic invertebrates, oilseed, grain, seed, fruits to the Netherlands. The Nigerian government policies on agriculture are focused on agro-export promotion amongst others. There is also a growing interest of Dutch agribusiness companies in Nigeria, the focus of the Nigerian industrial policies towards earning more forex, and the growing private capital investments in the agro-export value chain has triggered an interest to study the agro-export value chain . A study was commissioned by the LNV West Africa to provide clear insights into the procedures, policies, and challenges of exporting agricultural-related products and services from Nigeria. The information is expected to guide international trade between the Netherlands and Nigeria. Increased food trade can help Nigeria meet the ...

Source: Agroberichtenbuitenland

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