What is Kola Nut?

The kola nut is a caffeine-rich nut found on evergreen Cola trees, mainly Cola acuminata and Cola nitida species. Cola acuminata is a 20-meter-tall evergreen tree with long, ovoid leaves that are pointed at both ends and have a leathery texture. The flowers are cream with purplish-brown striations, and the fruit is star-shaped with 5 follicles. A dozen prismatic seeds form in a white seed-shell inside each follicle. The aroma of the nut is pleasant and rose-like. The initial flavor is bitter, but it sweetens as you chew. The caffeine in the nut can be extracted by boiling it.

Health Benefits of Kola Nut

The kola nut has a bitter flavor and contains caffeine. It is chewed in many West African countries, in both private and social settings. It is often used ceremonially, presented to chiefs or guests. In folk medicine, kola nuts are considered useful for aiding digestion when ground and mixed with honey and are used as a remedy for coughs.

Kola nuts are perhaps best known to Western culture as a flavoring ingredient and one of the sources of caffeine in cola and other similarly flavored beverages, although kola nut extract is no longer used in major commercial cola drinks such as Coca-Cola. Boost to metabolism. Benefits of Kola nut to human health are:

• Increase in circulation
• Aid to digestion
• Cures hepatitis
• Boost to energy levels
• Antibacterial benefits
• Treats infection
• Cures skin diseases
• Prevent Ulcer
• Prevents toothache
• Cures intestine diseases
• Cures cough and asthma
• Cures constipation
• Cures various eye problem
• Cures low sex drive
• Cures depression
• Cures dysentery and headaches.

The Origin, Spread & Uses of Kola Nut?

Human use of the kola nut, like the coffee berry and tea leaf, appears to have ancient origins. It is chewed in many West African cultures, in both private and social settings, as a source of mental stimulation. The spread of the kola nut across North Africa seems to be connected to the spread of Islam across North Africa during the 17th century, as trading across the Mediterranean became more concrete.

The kola nut was particularly useful on slave ships to improve the taste of water, as enslaved Africans were often given poor quality water to drink. Kola nuts are an important part of the traditional spiritual practice of culture and religion in West Africa, particularly Niger, Nigeria, Sierra Leone, and Liberia. The 1970s hit “Goro City”, by Manu Dibango, highlights the significance of kola nuts (called “Goro” in the Hausa language) to the capital of Niger, Niamey.

Kola nuts are used as a religious object and sacred offering during prayers, ancestor veneration, and significant life events, such as naming ceremonies, weddings, and funerals. For this use, only kola nuts divided into four lobes are suitable. They are cast upon a special wooden board and the resulting patterns are read by a trained diviner. Among a few Yoruba people, it has found inroads among the Muslim population as well, in weddings and other ceremonies.

They were used as a form of currency in such West African groups as the Malinke and Bambara of Mali and Senegal. They are still used as such today in certain situations such as in negotiation over bride prices or as a form of respect or host gift to the elders of a village should one move to a village or enter a business arrangement with the village.

Top Exporting & Importing Countries of Kola Nut

Kola nuts can be harvested mechanically or by hand, by plucking them at the tree branch. Nigeria produces 52.4% of worldwide production followed by the Ivory Coast and Cameroon. When kept in a cool, dry place, kola nuts can be stored for a long time.

• Nigeria (52.59%)
• Ivory Coast (19.6%)
• Cameroon (16.49%)
• Ghana (8.2%)
• Sierra Leone (2.86%)
• Benin (0.2%)

Some of the leading importers of Kola nut are:

• United States ( 69.81%)
• France (14.81%)
• Spain (4.12%)
• Mexico (1.43%)
• India (1.43%)
• Germany (1.42%)
• Netherland (1.07%)
• China (0.69%)
• Belgium  (0.6%)

Kola nut produced in Nigeria has a very good quality and is abundant in quantity, it takes 5-6 weeks to sprout out and about 3-5 years to start producing fruits. This availability of raw produce helps international buyers get it at a competitive price. There is a very large demand for agricultural produce in Nigeria, with many international buyers always looking for products that are cheap and are of the best quality.

How To Safely Source for Your Kola Nut Produce

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

1. The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.
2. The export company must also be registered with the Nigerian Export Promotion Council (NEPC).
3. The company must possess a domiciliary account to accept international payments.
4. The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:
5. Certificate of origin
6. Bill of lading
7. Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
8. Phytosanitary certificate
9. Fumigation certificate

Where To Find Reliable Exporters

An important question that still needs to be answered is how to find kola nut exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)
• Renamy Global Resources Ltd offers a reliable global order fulfilment solution for kola nut and other agricultural produce. Our end-to-end supply chain solution makes the export of quality kola nut easy, quick and safe. From the point of placing your order till it successfully gets delivered, we ensure you have nothing to worry about.

 

International Price of Kola Nut Per Metric Ton

The unit price ($ per kg) of kola nut in the international market depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the seeds (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

That said, as at July 2022, kola nut costs between $2,500 and $4,800 per metric ton (1,000 kilograms) in the international market (i.e. $2.5/kg to $4.8/kg).

How To Pay For Your Kola Nut Produce

You can pay for your kola nut using different methods, but three of the popular ways of paying for your agric produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives good he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfil; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option.

Import Kola Nut The Right Way with Renamy Global Resources Ltd

Renamy Global Resource Ltd is a trusted global order fulfilment and sourcing solution company with deep expertise in the Kola Nut industry. Our end-to-end supply chain solution makes the export of quality kola nut easy, quick and safe. Whichever region of the world you are, be it Europe, Asia, USA, Canada, Africa, South America or Oceania, you can reliably order your agricultural products and we will ensure it is successfully delivered to you.

Our Kola Nut trade specifications are listed below:

• Origin: Nigeria
• Product Name: Kola Nut
• Product Types: Kola Nitida (Red, White)
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 20 Metric Tonnes
• Trade Process: Ex Works/FOB/CIF
• Moisture Content: 8% Max
• Admixture/Impurities: 2% Max
• Other Colours: 5% Max
• Inspection: SGS/Cotecna/Intertek/Bureau Veritas
• Packaging: Based On Buyer’s Specification
• Payment Method: TT (Bank Transfer) or  L/C
• Shipping Time: 15 to 25 Days After Confirmation of TT or L/C
• Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents

• Bill of Lading
• Certificate of Origin
• Phytosanitary Certificate
• Fumigation Certificate
• Commercial Invoice
• Packing List

What is Sesame Oil Cake/Oil Meal?

Sesame Oil Cake (also known as the Sesame Oil Meal) is derived from the seeds of the sesame plant (Sesamum indicum).  The seed takes about 4-5 months to reach maturity at which time about 50% of the capsules should have turned yellow. The pods burst open with a pop when the seeds are mature.

In Northern Nigeria (where most of the nation’s sesame seeds are produced), the seed is harvested twice annually (August and October). One of the factors responsible for sesame seed’s popularity is the numerous uses it serves. For instance, it is a very good source of vegetable oil that contains no cholesterol, thus making it the most demanded vegetable oil in the world. Sesame Oil Cake/Oil Meal is also very important to Nigeria’s agricultural export sector, with the country being one of the highest sesame seed producing countries in the world.

The sesame plant has a very drought-resistant nature, in fact, excessive rain can adversely affect the yield. This explains why it thrives excellently in the Northern part of the country and averagely in some parts of Southern Nigeria.

Health Benefits of Sesame Seeds

Sesame Seeds are used in the confectionary industry as oil and flavour enhancers. They are also very popular due to the health benefits derived from them. We’ve listed some of these benefits below:

• Has Healing Properties
• Can Aid in the Treatment Of Sunburns
• May Support Your Immune System
• Helps in the Treatment Of Anxiety
• May Soothe Rheumatoid Arthritic Pain
• May Support Thyroid Health
• Acts As a Skin Detoxifier
• Good Source of Fibre
• May Lower Cholesterol
• Nutritious Source of Plant Protein
• May Help Reduce Blood Pressure
• Can Nullify The Effects Of Alcohol
• May Support Healthy Bones
• Has Anti-Inflammatory Effects
• May Reduce Inflammation
• It is a Good Source of B Vitamins
• May Aid Blood Cell Formation
• May Aid Blood Sugar Control
• Rich in Antioxidants
• May Aid Hormone Balance During Menopause
• Easy to Add to Your Diet
• Helps in the Treatment Of Cracked Heels

Top Exporting & Importing Countries of Sesame Seeds

1. Nigeria is one of the leading exporters of sesame seeds in the world and the sesame seed is grown in about 26 States of the 36 available in Nigeria.
2. Sudan is the leading importer of sesame seeds in the world.

Data shows that Nigeria ranks as one of the highest producers and exporters globally, despite challenges with production, storage, electricity and others. The following are the top exporters of sesame seeds (and the corresponding export value)

• Sudan ($367 M)
• India ($326 M)
• Nigeria ($163 M)
• Burma – ($96.9 M)
• Tanzania – 18.43% ($82.8 M)

Some of the leading importers of Sesame seeds are China ($413M), Japan ($152M), Turkey ($134M), South Korea ($111M) and Iran ($62.9M).

Sudan produces the 25% of the sesame seeds’ global export, since this good embodies the 45% of the entire Country’s exportation.

Sesame seeds produced in Nigeria has a very good quality and is abundant in quantity, especially during the peak period (June – November). This availability of the raw produce helps international buyers get it at a competitive price.

There is a very large demand for agricultural produce in Nigeria, with many international buyers always looking for products that are cheap and are of the best quality.

Major Types Of Sesame Seeds Exported From Nigeria

There are two major variants of the Nigerian Sesame seeds: White Sesame Seeds (grown in the Middle Belt of the country, especially Benue State) and Golden Sesame Seeds (found in the Northern part of the country (Jigawa and Kano States are a major producer of this type).

1. Unhulled Sesame Seeds: Sesame seeds have an exterior covering or coat, which is called the husk or hull. The unhulled sesame seeds are still in their natural state, and their husks or hulls remain intact. Unhulled seeds have a slightly more bitter flavour when compared with hulled seeds but they also have a nuttier and crunchier texture.
2. Hulled Sesame Seeds: The hulled sesame seeds are seeds with the hulls removed.  The hulled seeds have a milder flavour that is nuttier and slightly less bitter than the unhulled one.

How To Safely Source for Your Produce

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

1. The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.
2. The export company must also be registered with the Nigerian Export Promotion Council (NEPC).
3. The company must possess a domiciliary account to accept international payments.
4. The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:
5. Certificate of origin
6. Bill of lading
7. Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
8. Phytosanitary certificate
9. Fumigation certificate

Where To Find Reliable Exporters

An important question that still needs to be answered is how to find sesame seed exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)
• Renamy Global Resources Ltd offers a reliable global order fulfilment solution for sesame oil meal and other agricultural produce. Our end-to-end supply chain solution makes the export of quality Sesame Oil Cake/Meal nut easy, quick and safe. From the point of placing your order till it successfully gets delivered, we ensure you have nothing to worry about.

 

International Price of Sesame Oil Cake Per Metric Ton

The unit price ($ per kg) of Sesame Oil Cake in the international market depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the seeds (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

That said, as at July 2022, sesame oil cake costs between $300 and $750 per metric ton (1,000 kilograms) in the international market (i.e. $0.3/kg to $0.75/kg).

How To Pay For Your Produce

You can pay for your Sesame Oil Cake using different methods, but three of the popular ways of paying for your agric produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives goods he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfill; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option.

Import Sesame Seeds The Right Way with Renamy Global Business Ltd

Renamy Global Business Ltd is a trusted global order fulfilment and sourcing solution company with deep expertise in the Sesame Oil Cake industry. Our end-to-end supply chain solution makes the export of quality Sesame Oil Meal easy, quick and safe. Whichever region of the world you are, be it Europe, Asia, USA, Canada, Africa, South America or Oceania, you can reliably order your agric products and we will ensure it is successfully delivered to you.

Our Sesame Oil Cake/Sesame Oil Meal Trade Specifications are listed below:

Origin: Nigeria
Product Name: Sesame Oil Cake (aka Sesame Oil Meal)

Physical Specification: Based On Buyer’s Specification
Quantity: Based On Buyer’s Specification

MOQ: 20 Metric Tonnes

Trade Process: Ex Works/FOB/CIF

Crude Protein: 40% Min

Ether Extract: 7% Min

Inspection: SGS/Cotecna/Intertek/Bureau Veritas

Packaging: Based On Buyer’s Specification

Payment Method: TT (Bank Transfer) or  L/C

Shipping Time: 15 to 25 Days After Confirmation of TT or L/C

Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents
– Bill of Lading
– Certificate of Origin
– SGS Inspection Certificate
– Phytosanitary Certificate
– Fumigation Certificate
– Commercial Invoice
– Packing List

What is Sesame Oil?

In continuation of our sesame series, today we shall be talking about Sesame oil. Sesame oil comes from the seed of the sesame plant (Sesamum indicum).  The seed takes about 4-5 months to reach maturity at which time about 50% of the capsules should have turned yellow. The pods burst open with a pop when the seeds are mature.

In Northern Nigeria (where most of the nation’s sesame seeds are produced), the seed is harvested twice annually (August and October). One of the factors responsible for sesame seed’s popularity is the numerous uses it serves. For instance, it is a very good source of vegetable oil that contains no cholesterol, thus making it the most demanded vegetable oil in the world. Sesame oil are also very important to Nigeria’s agricultural export sector, with the country being one of the highest sesame oil producing countries in the world.

The sesame plant has a very drought-resistant nature, in fact, excessive rain can adversely affect the yield. This explains why it thrives excellently in the Northern part of the country and averagely in some parts of Southern Nigeria.

Health Benefits of Sesame Oil

Sesame oil and seeds are used in the confectionary industry as oil and flavour enhancers. They are also very popular due to the health benefits derived from them. We’ve listed some of these benefits below:

• Has Healing Properties
• Can Aid in the Treatment Of Sunburns
• May Support Your Immune System
• Helps in the Treatment Of Anxiety
• May Soothe Rheumatoid Arthritic Pain
• May Support Thyroid Health
• Acts As a Skin Detoxifier
• Good Source of Fibre
• May Lower Cholesterol
• Nutritious Source of Plant Protein
• May Help Reduce Blood Pressure
• Can Nullify The Effects Of Alcohol
• May Support Healthy Bones
• Has Anti-Inflammatory Effects
• May Reduce Inflammation
• It is a Good Source of B Vitamins
• May Aid Blood Cell Formation
• May Aid Blood Sugar Control
• Rich in Antioxidants
• May Aid Hormone Balance During Menopause
• Easy to Add to Your Diet
• Helps in the Treatment Of Cracked Heels

Top Exporting & Importing Countries of Sesame Oil & Seeds

1. Nigeria is one of the leading exporters of sesame oil and seeds in the world and the sesame seed is grown in about 26 States of the 36 available in Nigeria.
2. Sudan is the leading exporter of sesame seeds in the world.

Data shows that Nigeria ranks as one of the highest producers and exporters globally, despite challenges with production, storage, electricity and others. The following are the top exporters of sesame seeds (and the corresponding export value)

• Sudan ($367 M)
• India ($326 M)
• Nigeria ($163 M)
• Burma – ($96.9 M)
• Tanzania – 18.43% ($82.8 M)

Some of the leading importers of Sesame seeds are China ($413M), Japan ($152M), Turkey ($134M), South Korea ($111M) and Iran ($62.9M).

Sudan produces the 25% of the sesame seeds’ global export, since this good embodies the 45% of the entire Country’s exportation.

Sesame oil and seeds produced in Nigeria has a very good quality and is abundant in quantity, especially during the peak period (June – November). This availability of the raw produce helps international buyers get it at a competitive price.

There is a very large demand for agricultural produce in Nigeria, with many international buyers always looking for products that are cheap and are of the best quality.

Major Types Of Sesame Seeds Exported From Nigeria

There are two major variants of the Nigerian Sesame seeds (from which Sesame Oil is extracted): White Sesame Seeds (grown in the Middle Belt of the country, especially Benue State) and Golden Sesame Seeds (found in the Northern part of the country (Jigawa and Kano States are a major producer of this type).

1. Unhulled Sesame Seeds: Sesame seeds have an exterior covering or coat, which is called the husk or hull. The unhulled sesame seeds are still in their natural state, and their husks or hulls remain intact. Unhulled seeds have a slightly more bitter flavour when compared with hulled seeds but they also have a nuttier and crunchier texture.
2. Hulled Sesame Seeds: The hulled sesame seeds are seeds with the hulls removed.  The hulled seeds have a milder flavour that is nuttier and slightly less bitter than the unhulled one.

How To Safely Source for Your Sesame Oil

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

1. The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.
2. The export company must also be registered with the Nigerian Export Promotion Council (NEPC).
3. The company must possess a domiciliary account to accept international payments.
4. The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:
5. Certificate of origin
6. Bill of lading
7. Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
8. Phytosanitary certificate
9. Fumigation certificate

Where To Find Reliable Exporters of Sesame Oil

An important question that still needs to be answered is how to find sesame oil exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)
• Renamy Global Resources Ltd – We are one of the reliable sesame oil exporters in Nigeria. We are rated among the best in the exporting business in Nigeria. Moreover, our company is not limited to the exportation of sesame oil alone but can export other agricultural produce ranging from perishables to dry seeds.

 

International Price of Sesame Oil Per Metric Ton

The unit price ($ per kg) of Sesame oil in the international market depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the sesame oil (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

That said, as at January 2025, sesame oil costs between $3,000 and $4,000 per metric ton (1,000 kilograms) in the international market (i.e. $3/kg to $4/kg).

How To Pay For Your Sesame Oil Produce

You can pay for your Sesame Oil using different methods, but three of the popular ways of paying for your agric produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives goods he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfill; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option. You can find out more about Incoterms here.

Import Sesame Oil The Right Way with Renamy Global Resources

Renamy Global Resources Ltd is a trusted global order fulfilment and sourcing solution company with deep expertise in the Sesame Oil industry. Our end-to-end supply chain solution makes the export of quality Sesame Oil nut easy, quick and safe. Whichever region of the world you are, be it Europe, Asia, USA, Canada, Africa, South America or Oceania, you can reliably order your agric products and we will ensure it is successfully delivered to you.

Our Sesame Oil Trade Specifications are listed below:

Origin: Nigeria
Product Name: Sesame Oil

Physical Specification: Based On Buyer’s Specification
Quantity: Based On Buyer’s Specification

MOQ: 20 Metric Tonnes

Trade Process: Ex Works/FOB/CIF

Purity: 99% Min

Inspection: SGS/Cotecna/Intertek/Bureau Veritas

Packaging: Based On Buyer’s Specification

Payment Method: TT (Bank Transfer) or  L/C

Shipping Time: 15 to 25 Days After Confirmation of TT or L/C

Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents
– Bill of Lading
– Certificate of Origin
– SGS Inspection Certificate
– Phytosanitary Certificate
– Fumigation Certificate
– Commercial Invoice
– Packing List

 

What are Sesame Seeds?

Sesame seeds come from the sesame plant (Sesamum indicum).  The seed takes about 4-5 months to reach maturity at which time about 50% of the capsules should have turned yellow. The pods burst open with a pop when the seeds are mature.

In Northern Nigeria (where most of the nation’s sesame seeds are produced), the seed is harvested twice annually (August and October). One of the factors responsible for sesame seed’s popularity is the numerous uses it serves. For instance, it is a very good source of vegetable oil that contains no cholesterol, thus making it the most demanded vegetable oil in the world. Sesame seeds are also very important to Nigeria’s agricultural export sector, with the country being one of the highest sesame seed producing countries in the world.

The sesame plant has a very drought-resistant nature, in fact, excessive rain can adversely affect the yield. This explains why it thrives excellently in the Northern part of the country and averagely in some parts of Southern Nigeria.

Health Benefits of Sesame Seeds

Sesame Seeds are used in the confectionary industry as oil and flavour enhancers. They are also very popular due to the health benefits derived from them. We’ve listed some of these benefits below:

• Has Healing Properties
• Can Aid in the Treatment Of Sunburns
• May Support Your Immune System
• Helps in the Treatment Of Anxiety
• May Soothe Rheumatoid Arthritic Pain
• May Support Thyroid Health
• Acts As a Skin Detoxifier
• Good Source of Fibre
• May Lower Cholesterol
• Nutritious Source of Plant Protein
• May Help Reduce Blood Pressure
• Can Nullify The Effects Of Alcohol
• May Support Healthy Bones
• Has Anti-Inflammatory Effects
• May Reduce Inflammation
• It is a Good Source of B Vitamins
• May Aid Blood Cell Formation
• May Aid Blood Sugar Control
• Rich in Antioxidants
• May Aid Hormone Balance During Menopause
• Easy to Add to Your Diet
• Helps in the Treatment Of Cracked Heels

Top Exporting & Importing Countries of Sesame Seeds

1. Nigeria is one of the leading exporters of sesame seeds in the world and the sesame seed is grown in about 26 States of the 36 available in Nigeria.
2. Sudan is the leading importer of sesame seeds in the world.

Data shows that Nigeria ranks as one of the highest producers and exporters globally, despite challenges with production, storage, electricity and others. The following are the top exporters of sesame seeds (and the corresponding export value)

• Sudan ($367 M)
• India ($326 M)
• Nigeria ($163 M)
• Burma – ($96.9 M)
• Tanzania – 18.43% ($82.8 M)

Some of the leading importers of Sesame seeds are China ($413M), Japan ($152M), Turkey ($134M), South Korea ($111M) and Iran ($62.9M).

Sudan produces the 25% of the sesame seeds’ global export, since this good embodies the 45% of the entire Country’s exportation.

Sesame seeds produced in Nigeria has a very good quality and is abundant in quantity, especially during the peak period (June – November). This availability of the raw produce helps international buyers get it at a competitive price.

There is a very large demand for agricultural produce in Nigeria, with many international buyers always looking for products that are cheap and are of the best quality.

 

 

Major Types Of Sesame Seeds Exported From Nigeria

There are two major variants of the Nigerian Sesame seeds: White Sesame Seeds (grown in the Middle Belt of the country, especially Benue State) and Golden Sesame Seeds (found in the Northern part of the country (Jigawa and Kano States are a major producer of this type).

1. Unhulled Sesame Seeds: Sesame seeds have an exterior covering or coat, which is called the husk or hull. The unhulled sesame seeds are still in their natural state, and their husks or hulls remain intact. Unhulled seeds have a slightly more bitter flavour when compared with hulled seeds but they also have a nuttier and crunchier texture.
2. Hulled Sesame Seeds: The hulled sesame seeds are seeds with the hulls removed.  The hulled seeds have a milder flavour that is nuttier and slightly less bitter than the unhulled one.

How To Safely Source for Your Produce

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

1. The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.
2. The export company must also be registered with the Nigerian Export Promotion Council (NEPC).
3. The company must possess a domiciliary account to accept international payments.
4. The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:
5. Certificate of origin
6. Bill of lading
7. Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
8. Phytosanitary certificate
9. Fumigation certificate

Where To Find Reliable Exporters

An important question that still needs to be answered is how to find sesame seed exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)
• Renamy Global Resources Ltd – We are one of the reliable sesame seeds exporters in Nigeria. We are rated among the best in the exporting business in Nigeria. The company is not limited to the exportation of sesame seeds alone but can export other agricultural produce ranging from perishables to dry seeds.

International Price of Sesame Seeds Per Metric Ton

The unit price ($ per kg) of Sesame Seeds in the international market depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the seeds (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

That said, as at January 2025, sesame seed costs between $1,050 and $1,750 per metric ton (1,000 kilograms) in the international market (i.e. $1/kg to $1.75/kg).

Paying For Your Sesame Seed Produce

You can pay for your sesame seeds using different methods, but three of the popular ways of paying for your agric produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives good he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfil; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option.

Import Sesame Seeds The Right Way with RENAMY

Renamy Global Resources Ltd is a trusted export company with deep expertise in the sesame seed industry. We possess all the export requirements and can help export sesame seeds to a lot of countries and regions in the world including Europe, Asia, USA and Canada.

We carry out our sesame seed export business in a totally transparent manner, and we will be glad to help you export sesame seeds based on mutually agreed terms.

Our Sesame Seeds Trade Specifications are listed below:

Origin: Nigeria
Product Name: Sesame Seeds

Product Types: Hulled/Unhulled

Physical Specification: Based On Buyer’s Specification
Quantity: Based On Buyer’s Specification

MOQ: 20 Metric Tonnes

Trade Process: Ex Works/FOB/CIF

Moisture Content: 8% Max

Fat/Oil Content: 45% Min

Free Fatty Acid: 3% Max

Purity: 99.9% Min

Admixture/Impurities: 2% Max

Other Colours: 5% Max

Inspection: SGS/Cotecna/Intertek/Bureau Veritas

Packaging: Based On Buyer’s Specification

Payment Method: TT (Bank Transfer) or  L/C

Shipping Time: 15 to 25 Days After Confirmation of TT or L/C

Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents
– Bill of Lading
– Certificate of Origin
– SGS Inspection Certificate
– Phytosanitary Certificate
– Fumigation Certificate
– Commercial Invoice
– Packing List

Shea Butter Again?

Over the past week, we have been talking about the Shea tree because it is a very important plant in tropical Africa. The Shea tree is a perennial crop, predominantly found in the West and the Eastern regions of Africa. A Shea tree takes a considerable period of 11 to about 15 years before it starts to bear fruits but can remain productive for more than 200 years. The fruit is usually 5 cm in length and 3-4 cm in width. It is elliptic and yellow or green with a thick butter-like material. The mucous pericap has a seed in it which is oval or round in shape.

The seed has a big and oily nut from which the Shea Butter is extracted. To extract shea butter from the nut of the tree, the latter needs to go through the process of crushing, roasting, grinding and the separation of the butter from the resulting paste. The paste is kneaded and mixed with water in order for the butter oil to come to the surface. The original color of Shea butter is yellow when raw or unrefined, but changes to white after further refining takes place.  Shea butter is a triglyceride in nature.

It is important to state that local women are a very important part of the shea butter value chain. In the past few years, the collection of seeds and the processing described above have been mostly carried out by them. However, in recent years, there has been an increased drive for mechanization, to match the growing supply and standardization needs.

What is Shea Butter Used For?

Shea butter is used mainly in the food industry (accounting for about 90% of total use, according to the Global Shea Alliance). This is especially true of the confectionary and beverage industries where it widely used as a cocoa butter substitute. And since it is edible, an increasing number of homes now use it in their cooking.

That said, Shea butter is also very important to the cosmetics industry. It is used in the production of beauty products:

• Skin and hair moisturizing creams,
• Stretch mark prevention products during pregnancy;
• hair treatment for dry scalp;
• Aftersun products and
• Skin treatment after suffering sunburn;
• Anti-ageing and anti-wrinkle creams;
• Shaving and aftershave creams to reduce skin irritation;
• Fatigue and pain-reduction
• Products for insect bites and stings;
• Baby care products against diaper rash.
• Hair conditioners,
• Lip gloss,
• Soaps,
• And many others.

Soap makers also make use of Shea oil in soap making to make soaps and this increases cleaning abilities. Also, Shea butter can be applied directly to skin and hair that suffer from dryness.

Top Exporting & Importing Countries of Shea Butter

1. Nigeria is the leading exporter of Shea butter in the world and the Shea tree is grown in about 21 States of the 36 available in Nigeria.
2. China is the leading importer of Shea butter in the world.

Data shows that Nigeria ranks as the highest producer of shea butter globally, despite challenges with production, storage, electricity and others.

• Nigeria with 39.87% (302.96k metric ton)
• Mali – 29.76% (226.09k metric ton)
• Burkina Faso – 18.43% (140.04k metric ton)
• Ghana – 4.18% (31.59k metric ton)
• Ivory Coast – 4.16% (31.59k metric ton)
• Benin – 1.83% (13.91k metric ton)
• Togo – 1.76% (13.39k metric ton)

Shea butter produced in Nigeria has a very good quality and is abundant in quantity, especially during the peak period (June – November). This availability of the raw produce helps international buyers get it at a competitive price.

There is a very large demand for agricultural produce in Nigeria, with many international buyers always looking for products that are cheap and are of the best quality.

The Difference Between West And East African Shea Butter

In Africa, there are two dominant species of shea nuts the Vitellaria Paradoxa and Vitellaria Nilotica. Vitellaria Paradoxa is dominant and found in West African countries Such as Nigeria, Ghana, Cote d’Ivoire, Burkina Faso, and some other countries. Vitellaria Nilotica is found mainly in Uganda.

As an importer or exporter of shea butter, you should know the differences between both varieties. The West African type has better consistency, works well in most formulations and is not too soft. It also has a higher melting point, greater concentration of sterol and Vitamin A, and a lower concentration of oleic acid when compared with the East African shea butter.

How To Safely Source for Your Produce

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are however a few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

1. The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.
2. The export company must also be registered with the Nigerian Export Promotion Council (NEPC).
3. The company must possess a domiciliary account to accept international payments.
4. The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:
5. Certificate of origin
6. Bill of lading
7. Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
8. Phytosanitary certificate
9. Fumigation certificate

Where To Find Reliable Exporters

An important question that still needs to be answered is how to find shea butter/shea nuts exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)
• Renamy Global Resources Ltd– We are one of the most reliable shea butter/shea nut exporters in Nigeria. We are rated among the best in the exporting business in Nigeria. Our company is not only limited to the exportation of raw shea butter/shea nuts alone but can export other agricultural produce ranging from perishables to dry seeds.

International Price of Shea Butter Per Metric Ton

The unit price ($ per kg) of Grade A Shea Butter in the International market depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the Shea butter (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

That said, as at January 2025, Grade A (unrefined) shea butter costs between $2,200 and $2,600 per metric ton (1,000 kilograms) in the international market (i.e. $2.2/kg to $2.6/kg).

How To Pay For Your Produce

You can pay for your kola nut using different methods, but three of the popular ways of paying for your agric produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives good he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfil; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option.

Import Shea Butter The Right Way with Renamy

Renamy Global Resources Ltd is a trusted global order fulfilment and sourcing company with deep expertise in the shea butter industry. Our end-to-end supply chain solution makes the export of quality shea butter easy, quick and safe. Whichever region of the world you are, be it Europe, Asia, USA, Canada, Other North/Central American countries, Africa, South America or Oceania, you can reliably order your agricultural produce and we will ensure it is successfully delivered to you.

Below Are Our Shea Butter Trade Specifications:

Origin: Nigeria
Product Type: Shea Butter
Physical Specification: Based On Buyer’s Specification
Quantity: Based On Buyer’s Specification
Price: Negotiable / Metric Tonne
Trial Order: 10 Metric Tonnes
Trade Process: FOB/CIF
Payment Method: 100% irrevocable & confirmed L/C at sight
Shipping Time: 15 to 25 days after confirmation of L/C
Loading Port: Lagos, Nigeria

Specifications
Type: Grade A 100% Natural, Organic, & Unrefined
Colour: Beige/White/Yellow
Inspection: SGS/Cotecna/Bureau Veritas/Intertek

Expected Shipping Documents
– Bill of Lading
– Certificate of Origin
– SGS Inspection Certificate
– Phytosanitary Certificate
– Fumigation Certificate
– Commercial Invoice
– Packing List

5 FACTS TO CONSIDER ABOUT IMPORTING HIGH QUALITY SHEA BUTTER IN NIGERIA AND AFRICA

A few days ago (January 9th 2025) we talked about importing Shea Butter from Nigeria and Africa. 

As we already know, shea butter is an incredibly versatile and valuable product, widely used in skincare, cosmetics, and even food industries. It has a rich history in West Africa, where it is sourced primarily from the Shea tree (Vitellaria paradoxa). In Nigeria and other parts of Africa, shea butter is not only a cultural treasure but also a growing export commodity. This guide will explore how to import high-quality shea butter from Nigeria and other African countries, the best practices for sourcing, and the benefits of using this natural product.

Today, we want to consider 5 facts that will help us better appreciate Shea butter as well as a few factors to consider before importation from Nigeria and Africa.

 

1. Understanding Shea Butter and Its Uses:

Shea butter is a fat extracted from the nuts of the Shea tree. It is highly prized for its moisturizing, anti-inflammatory, and healing properties.
– Common Uses of shea butter include;
– Cosmetics: Used in lotions, soaps, and hair products.
– Food: Edible shea butter is used in cooking and as a substitute for fats like cocoa butter.
– Health & Wellness: Often used for skin conditions like eczema, scars, and burns.
2. Why Shea Butter from Nigeria & Africa is So Popular:
– Rich Quality: Shea butter from Africa, particularly Nigeria, is known for its high quality due to the traditional harvesting and processing methods. The raw, unrefined shea butter produced in Nigeria has a rich, creamy texture and contains natural vitamins and nutrients.
– Abundant Supply: West Africa, especially Nigeria, is one of the largest producers of shea butter, making it a key player in the global market.
– Sustainability: Shea butter production in Africa supports local communities, creating jobs for women and rural populations, which enhances its appeal for ethical sourcing.

 

3. How to Import High-Quality Shea Butter from Nigeria and Africa:

A. Research and Select Reliable Suppliers:
– Look for suppliers or cooperatives that focus on organic, unrefined shea butter. The best quality shea butter is typically unrefined and processed using traditional methods, which preserve its nutrients.
– Consider working with certified suppliers who have experience exporting shea butter internationally.

Thankfully, Renamy Global Resources Ltd is one message away from helping you with all your shea butter needs.

B. Quality Standards to Look for in Shea Butter:

– Appearance: High-quality shea butter should have a creamy, ivory color (or slightly yellowish), and it should not be too hard or too soft.
– Smell: Pure, unrefined shea butter has a mild, nutty scent. If it has a rancid or strong odor, it may be low quality or improperly processed.
– Packaging: Ensure the shea butter is packaged in airtight, sealed containers to avoid contamination and preserve freshness.

C. Import Documentation and Regulations:
– Customs & Tariffs: Understand the import duties and tariffs involved when importing shea butter into your country. Ensure your supplier complies with all relevant export regulations in Africa and import requirements in your country.
– Quality Certifications: Some countries require certifications like organic certification or Fair Trade certification to ensure that the shea butter meets quality and ethical standards.

D. Shipping & Logistics:
– Shea butter can be shipped in bulk containers, but you should choose a reliable logistics partner with experience in handling natural products.
– Choose a shipping method that preserves the quality of the product, such as temperature-controlled shipping if necessary.

 

4. Challenges in Importing Shea Butter:

– Quality Control: One of the challenges in importing shea butter is ensuring consistency in quality from batch to batch. It’s crucial to establish a relationship with trustworthy suppliers who can provide regular, high-quality shipments.
– Supply Chain Issues: Delays or interruptions in the supply chain in West Africa can affect the timely arrival of shipments. Having a backup supplier or sourcing from a network of cooperatives can mitigate this risk.
– Export Documentation: Shea butter importation can sometimes be delayed by paperwork or incorrect customs documentation, so it’s important to be familiar with the import process.

 

5. Sustainability and Ethical Sourcing of Shea Butter:
– Supporting Local Communities: Shea butter production in Africa is often linked with local women’s cooperatives. By importing directly from these cooperatives, you can support ethical trade practices and contribute to economic empowerment in rural African communities.
– Fair Trade and Organic Certifications: Look for suppliers who are committed to sustainability and fair trade. Organic shea butter is produced without pesticides or harmful chemicals, ensuring a product that is not only better for your skin but also better for the environment.

 

Where Renamy Global Resources Ltd Can Assist You

Renamy Global Resources Ltd can assist with the importation of high-quality shea butter by providing end-to-end solutions. We specialize in:

1. Sourcing: We connect you with trusted, certified suppliers of premium shea butter from Nigeria and across Africa.
2. Quality Assurance: We ensure that the shea butter meets international standards, offering unrefined, organic options.
3. Logistics: We handle shipping, customs clearance, and all import documentation, ensuring a smooth and timely delivery.

Let Renamy Global Resources Ltd streamline your importation process, providing you with high-quality shea butter while ensuring ethical sourcing and efficient logistics.

Conclusion:
In conclusion, why should you import shea butter from Nigeria and Africa? Importing high-quality shea butter from Nigeria and other African countries offers businesses and individuals access to a premium, natural product with a range of benefits. By understanding the process of importing, ensuring product quality, and selecting the right suppliers, you can successfully integrate shea butter into your product line or personal care routine.
Moreover there is currently a growing demand for this. As global demand for natural, organic products continues to rise, the opportunity to source high-quality shea butter from Africa presents an exciting business prospect with ethical and sustainable benefits.

Production of Yam Tubers in Nigeria and Africa

The Yam tuber is one of the most important foods in West Africa. There are various species of yam in the world, but the best of the species are available in Nigeria and other West African countries. This is why most international buyers love to export yam from Nigeria.

In the production of yam tubers, Nigeria is by far the world’s highest producer of yam and is accountable for over 76% of the world yam production. Yam is good food and has about 200 calories of energy per capita daily if consumed.

Yams can stay longer time in stores compared to other crops and farmers can be able to store their produce till the market is favorable for sale and profit. Yams can last up to 5 months or more in store.

West African countries have the highest number of yam exports in the world. Nigeria carries the highest percentage in total production. A stat in 2004 shows that the production of yam was about 47 million metric tons with Africa having 96% of the total production. Nigeria, in the production and exporting of yam, has a comparative advantage.

Yam and cassava are the most important of all the root and tuber crops in the exporting business in the world. Nigeria is an important exporter of these crops. The majority of the states In Nigeria are responsible for the production of yam, but more are produced in states like Benue, Oyo, Nasarawa, Sokoto, Abia, Anambra, Delta, Edo, Enugu, Ebonyi, Niger, Taraba, Osun, and Plateau.

The end of the rainy season and the beginning of the dry season is the most favorable time for yam harvest. This coincides with the end of the yam vegetative stage. Most farmers who aim at storing yam usually harvest their crops when they have fully reached the maximum maturity stage, and this is done between December and January (Harmattan season).

In Nigeria, yam is the 5th most harvested crop following cassava, maize, guinea corn, and beans. The Nigeria government have always wanted yam and other agricultural products to displace oil as the spotlight of the economy after the recent fluctuations in the world oil supply and price.

The planting of yam is done on free-draining and fertile soil. Yam has a high level of carbohydrate and it is low in fat and protein therefore it is a good source of energy.

 

Uses of Nigerian & African Yam Tubers

It can be consumed when boiled or roasted and can also be processed into other products. Yam is a very important food to Nigerians and other West African dwellers. Aside from consuming as food, it has massive industrial uses. It can be utilized in the production of all-purpose-adhesives. The adhesives are used in industries in the production of cartons, shoe industries, and others.

It can be processed and used as starch in the textile industries, and also its medicinal effect makes it a good heart stimulant and it is being used in the pharmaceutical industry for that purpose. It also has medicinal effects that can help boost the brain, body immunity, anti-cancer properties, and also reduction of inflammation in the body.

Yam tubers are also highly popular in Nigeria because of their acceptance in various cultural and religious circles. It is used for rituals and other festivals and also it is used to measure the level of a bridegroom’s wealth in marriage customs in Nigeria. Yam cultivation is very simple and cheap as it does not require so much to start with.

In Nigeria, more than 50 percent of the farmers have yam plantations (which may be large or small). When starting a yam exporting business, searching for a yam farmer might not be stressful as many of the farmers in the rural areas plant yam often.

 

Buying yam tubers from Nigeria for exporting purposes should be the priority for an international buyer to take advantage of the dominance the country has over other countries in the exportation of yams.

Also, the yam market globally is increasing and growing annually, it will be best to invest in such a fast-growing business. Many believe that the export of yam and other agricultural produce will help the Nigeria economy to diversify from the overdependence on crude oil alone. With the reduction in crude oil prices in the global market, exporting of these products will salvage a lot.

 

Types & Specification of Nigerian & African Yam Tubers

Various types of yam are been produced in Nigeria. We have Water yam, cocoyam, yellow yam, sweet yam, and others, but the ones that are mostly exported are the Sweet yams and the “poundable” ones (suitable for making pounded yams).

Specification of yam can vary in terms of what a buyer wants to get; this could be in terms of weight, length, and diameter. The typical specifications of yams to be exported include:

1. 15-40cm in length
2. 3.5 – 4.5 cm in diameter
3. No fibers or hairs
4. No branches (straight)
5. All sand must have been removed to the very minimal
6. Little to no injuries
7. Average size (Not too big and not too small)

Storage of yam should be done in a well refrigerated and ambient condition to reduce storage losses. The suitable temperature for storage should be between 12^oC – 16^o C. The exportation of yam is a very promising business.

How To Safely Source for Your Yam Produce

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

1. The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.
2. The export company must also be registered with the Nigerian Export Promotion Council (NEPC).
3. The company must possess a domiciliary account to accept international payments.
4. The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:
5. Certificate of origin
6. Bill of lading
7. Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
8. Phytosanitary certificate
9. Fumigation certificate

Where To Find Reliable Exporters

An important question that still needs to be answered is how to find yam tuber exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)
• Renamy Global Resources Ltd offers a reliable global order fulfilment solution for yam tuber and other agricultural produce. Our end-to-end supply chain solution makes the export of quality yam tubers easy, quick and safe. From the point of placing your order till it successfully gets delivered, we ensure you have nothing to worry about.

Price of Yam Tubers

The unit price of the yam tuber depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the seeds (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

That said, as at October 2021, yam tuber costs between $2,500 and $4,800 per metric ton (1,000 kilograms) i.e. $2.5/kg to $4.8/kg.

How To Pay For Your Yam Tuber Import

You can pay for your yam tuber import using different methods, but three of the popular ways of paying for your agric produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives good he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfil; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option. You can find out more about Incoterms here.

Import Yam Tubers The Right Way with Renamy

Renamy Global Resources Ltd is a trusted global order fulfilment and sourcing solution company with deep expertise in the yam tuber industry. Our end-to-end supply chain solution makes the export of quality yam tubers easy, quick and safe. Whichever region of the world you are, be it Europe, Asia, USA, Canada, Africa, South America or Oceania, you can reliably order your agricultural products and we will ensure it is successfully delivered to you.

Our yam tuber trade specifications are listed below:

• Origin: Nigeria
• Product Name: Yam Tuber
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 10 Metric Tonnes
• Trade Process: Ex Works/FOB/CIF
• Inspection: SGS/Cotecna/Intertek/Bureau Veritas
• Packaging: Based On Buyer’s Specification
• Payment Method: TT (Bank Transfer) or  L/C
• Shipping Time: 15 to 25 Days After Confirmation of TT or L/C
• Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents

• Bill of Lading
• Certificate of Origin
• SGS Inspection Certificate
• Phytosanitary Certificate
• Fumigation Certificate
• Commercial Invoice
• Packing List

Kindly contact us today!

 

Nigeria is one of the largest producers and exporters of cashew nuts in the world, exporting to more than 54 countries around the globe. Many cashew nuts dealers opt for the nuts from Nigeria because of the quality and many others are looking for information on how to buy cashew nuts in Nigeria.

In some of the African countries, buying cashew nuts by dealers can be very difficult and stressful as the government is responsible for the sale of cashew nuts. Countries such as Tanzania.

That is not the case in Nigeria, local companies have the freedom to buy and sell cashew nuts, cashew kernel, and other produce. This makes buying of cashew nuts and how to go about the trading easy compared to other countries for international buyers and dealers. In the last few years, there has been an increased count of buyers from countries like Vietnam, India, China, and many other countries.

Basic Information About Cashew Nuts

More than 19 states in Nigeria are producers of cashew nut with an average of 40 to 51 produce yield. This shows that the cashew nut production is averagely distributed among the states involved. Nevertheless, some areas have high-quality outturns of cashew nuts which can range from 47 to 53 at the start of the harvest period. One of the areas that produce the highest outturns in Nigeria is Ogbomosho in Oyo State.

Ogbomosho’s weather favors the thriving of cashew in its season, with this there is a very high probability of getting high-quality outturns.

Oyo State has many other areas that produce cashew nuts, but it is important to note that Ogbomosho has the highest harvest of cashew nuts over the years. This is not to belittle other areas of the states that produce good cashew to nut but to establish the frequency fact.

Aside from Oyo state, one of the high cashew nuts producing states that produce up to 50 outturns of the harvest is Kogi State.

Common Cashew Nuts Specifications In Nigeria

International buyers should look for cashew nuts that have high specifications before purchasing. Below is a list of the most commons specifications for raw cashew nuts that you can purchase in Nigeria;

• Outturn: Between 40 – 51 (The highest of the outturns are available at the start of the harvest in February)
• Nut Count: Between 170 – 205 per kilogram
• Moisture Content: 10% at the maximum
• Inspection: SGS

This is the most common specification of raw cashew nuts that you can find in Nigeria. The easiest outturn to get is between the ranges of 40 to 47 outturns. International buyers can explore the availability of massive outturns at the start of harvest (Around February) which ranges from 47 to 53 outturns.

About Cashew Kernels From Nigeria

As established earlier that Nigeria is a major producer of raw cashew nuts, but there are few cashew kernels processing facilities in the country which is a major factor in deciding the number of kernels available for export. The few available facilities in Nigeria sell the branded kernels to malls and supermarkets and most of the time, these facilities tend to export at high prices.

There are few ways to go about buying cashew kernels in Nigeria that will involve the local producers.

• One may need to find cashew nut processors in rural areas and make deals with them. They are very difficult to locate though.
• On the other hand, you can partner with a local company in Nigeria to set up a processing facility in Nigeria. With this, you can buy cashew nuts at the least possible price directly from farmers, process the nuts, and export them to international buyers.

Once a local cashew kernel processing facility is available in Nigeria, the reprocessing cost will be out of the total cost already and this will increase the profit margins for the international buyer. The reprocessing in Nigeria will not only make the kernels available but also ready to be exported at a higher profit margin to the real buyer in another country.

An additional way to making profits is processing kernels for local companies who export from Nigeria to other countries. With this, it is sure that the kernel facility will in use from time to time and generating profits too.

How To Safely Source for Your Cashew Produce

If you find the right export company, buying directly from them can make the purchase process easy and stress-free, when compared with doing the sourcing on your own. That said, there are few things to note when dealing with an export company in Nigeria or Africa. The specific requirements for Nigeria are listed below, but they mostly apply to other African countries:

The exporting company must be registered with the Corporate Affairs Commission (CAC) to make sure the company is registered and permitted to carry out business operations.

The export company must also be registered with the Nigerian Export Promotion Council (NEPC).

The company must possess a domiciliary account to accept international payments.

The company should get all necessary export-related documentation done before the shipment leaves the port of origin. Some of the documents are:

• Certificate of origin
• Bill of lading
• Inspection Certificate (SGS, Cotecna, Bureau Veritas, Intertek, etc)
• Phytosanitary certificate
• Fumigation certificate

Where To Find Reliable Exporters

An important question that still needs to be answered is how to find cashew nut exporters in Nigeria. You can use any of the methods listed below:

• Attend trade fairs
• Use search engines like Google, Yahoo, etc.
• Search for agents on Linkedln
• Sign up on trade platforms (e.g. Alibaba, Tradeford, Go4WorldBusiness)

Renamy Global Resources Ltd offers a reliable global order fulfillment solution for cashew nut and other agricultural produce. Our end-to-end supply chain solution makes the export of quality Cashew nut easy, quick and safe. From the point of placing your order till it successfully gets delivered, we ensure you have nothing to worry about.

Price of Cashew Nut

The unit price of Cashew nut depends on a host of different factors including:

• The grade of the produce (usually the more the processing, the higher the price)
• The price of the raw material
• Age of the seeds (this can affect the price)
• The quantity ordered (the greater the quantity, the cheaper you can get it per ton)
• Harvest season (it is more costly when it is out of harvest season).
• Freight & haulage cost
• Percentage of markup
• Import duties
• Distance from the country of origin
• Technology/Infrastructure available in country of origin
• Relationship between the buyer and seller

How To Pay For Your Cashew Nut Produce

You can pay for your cashew nuts using different methods, but three of the popular ways of paying for them as well as most of your agricultural produce are:

• Bank (T/T) Payment
• Advance Payment
• Letter of Credit (LC)

Bank Payment (T/T)

Bank payment is also known as T/T, “Telegraphic Transfer” or “Telex Transfer” In other words, it is an international wire of funds from the buyer’s bank to the seller’s bank.

A T/T is technically not the same as a wire transfer, which is often done through the SWIFT network. However, when a seller or supplier asks for a T/T payment, a wire transfer is what they are really asking for.

The wire transfer based on the SWIFT system is the most common payment method in international trade. Typically, it takes 3-5 working days to clear, and generally costs between 25 and 50 USD, depending on your agreement with the commercial department in your bank.

Advance Payment

There are sellers that will demand anywhere from 30% to 50% advance payment, and for good reason. If both parties have done deals in the past, sellers can ask for a percentage of the sales (about 30%) before they ship the produce and they can request for the remaining amount after a scanned copy of the Bill of Lading has been sent to the buyer.

It is the safest option for exporters and it also guarantees that they will have some funds to help with sourcing. It is popular among manufacturers on B2B marketplaces like Alibaba and also with commodity traders.

However, advance payment carries considerable risk for the importer (buyer) because the exporter (seller) might not be under as much pressure to ensure quality checks compared with a stricter form of payment. Some might even disappear entirely.

Having said that, advance payment is very useful and is widely used. For instance, the seller might need to secure the commodity in the face of increased competition. It can also be used when the exporter needs some money for sourcing the produce or for processing raw materials.

The most important thing is for both importer and exporter to build mutual trust by having a track record of successful deals with each other or other known companies.

Letter of Credit

Letter of Credit is an agreement generated by the bank of the buyer, guaranteeing payment once certain conditions are met. It is one of the safest types of payment available to both buyer and seller.

Some of the types of Letter of credit are:

• Commercial Letter of Credit,
• Sight Letter of Credit
• Transferrable or Non-Transferable Letter of Credit
• Standby Letter of Credit (SBLC)
• Usance or Deferred Payment Letter of Credit
• Revocable or Irrevocable Letter of Credit
• Confirmed or Unconfirmed Letter of Credit
• Revolving Letter of Credit
• Green Clause Letter of Credit
• Red Clause Letter of Credit

L/Cs are not totally safe (for either buyer or seller) too. For instance, sellers can ship substandard products or those that are different from the ones agreed upon. In this case, the seller gets paid and the buyer receives good he cannot use.

And speaking of the dangers of L/Cs for the exporter, the conditions in the Letter of credit might be practically impossible to fulfil; if an exporter agrees to such, he might be unable to receive payment. A report stated that of the letters of credit received in the UK, 50% are unworkable while 70% are rejected by the banks for payment.

Shipping & Delivery Terms

When shipping your products, it is important to take note of a few factors:

Order Quantity

For smaller shipments, airfreight is often the preferred option but as the order volume increases, sea freight could become significantly cheaper. Usually when the order is close to a full container load (20 ft), sea freight is used. Despite all these, the Covid-19 pandemic has caused an increase in cost of delivery of products.

Cost of Delivery

When the order is of a large volume, sea freight often turns out cheaper than air freight. In fact, airfreight could be up to 6 times more costly than sea freight if the volume is large enough.

Time of Delivery

Sometimes, time will be more important to the buyer than the cost of delivering the produce. In this case, air freight will be the logical option (as stated above, the cost will be more). But if you have more time as a buyer, you should strongly consider using sea freight.

Incoterms

Incoterms refer to generally accepted shipping and payments terms. For example, buyers that have representatives in the source country or that can negotiate with the freight company can use the Free of Board (FOB) terms, since it gives them more control and can save them some money.

However, if the shipment is small or the buyer doesn’t have an extensive network to effectively handle payment for freight, insurance and port charges, he will be better off choosing the Cost-Insurance-Freight (CIF) payment option.

Import Cashew Nut The Right Way with Renamy Global Resource Ltd

We are a trusted global order fulfilment and sourcing solution company with deep expertise in the Cashew Nut industry. Our end-to-end supply chain solution makes the export of quality Cashew nut easy, quick and safe. Whichever region of the world you are, be it Europe, Asia, USA, Canada, Africa, South America or Oceania, you can reliably order your agric products and we will ensure it is successfully delivered to you.

Our Cashew Nut trade specifications are listed below:

• Origin: Nigeria
• Product Name: Cashew Nut
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 10 Metric Tonnes
• Trade Process: Ex Works/FOB/CIF
• Inspection: SGS/Cotecna/Intertek/Bureau Veritas
• Packaging: Based On Buyer’s Specification
• Payment Method: TT (Bank Transfer) or  L/C
• Shipping Time: 15 to 25 Days After Confirmation of TT or L/C
• Loading Port: Lagos, Nigeria or Tema, Ghana

Expected Shipping Documents

• Bill of Lading
• Certificate of Origin
• SGS Inspection Certificate
• Phytosanitary Certificate
• Fumigation Certificate
• Commercial Invoice
• Packing List

 

Kindly reach out to us via email or WhatsApp for further clarifications. Also feel free to tell us about your cashew nuts needs or place your orders and we will be glad to help you export Cashew Nuts based on mutually agreed terms. Thank you

What is Shea Butter?

Shea butter is simply the fat extracted from the African Shea tree nut (Vitellaria Paradoxa). The original color of Shea butter is yellow when raw or unrefined, but changes to white after refining processes.  Shea butter is a triglyceride in nature.

Shea butter is been used in the cosmetics industry as a lotion and moisturizer. It is also useful in beverage industries in the making of cocoa butter. Shea butter is a good and eatable product and many in the African world use it in their cooking.

Shea butter and Shea Oil are both important materials in the cosmetics industries. The two are used in the production of many products such as; skin and hair creams, skin moisturizer creams, hair conditioners, lip gloss, and many others.

Soap makers also make use of Shea oil in soap making to make soaps and this increases cleaning abilities. Also, Shea butter can be applied directly to skin and hair that suffer from dryness.

Basic Facts About Shea Butter From Nigeria & Africa

1. Nigeria is one of the leading exporters of Shea butter in the world
2. Shea butter and Shea Oil are in great demand all over the world
3. Shea butter is grown in about 21 States of the 36 available in Nigeria
4. Shea butter exporting has a probability of making a high-profit margin depending on the exporting dealer used
5. China is the leading importer of Shea butter in the World.

Nigeria is one of the countries in the world that has an abundance of agricultural produce to export to other countries and international buyers.

Shea butter made in Nigeria has a very good quality and it’s abundant due to the massive raw materials available. Availability of raw materials makes it cheap to get for international buyers.

There is a very large demand for agricultural produce in Nigeria, with many international buyers always looking for products that are cheap and are of the best quality.

Exporting of Shea butter can be raw, semi-processed and it can be processed further by the buyer upon arrival to its destination.

Three Major Types Of Shea Butter Exported From Nigeria

1. The Unrefined Shea Butter

This is extracted directly and has not undergone any processing steps. It is natural and has no additional substance. The natural Shea butter is soft and in varying yellowish color. This is the best of all types to use when it comes to moisturizing skin and hair and also for healing purposes. It has all its natural strength as it has not been altered and diluted by industries.

2. The Refined Shea Butter

This Shea butter has been through some processing thereby losing the natural color, smell, and other natural strengths. It is heated to a very high temperature causing it to bleach and deodorize. This heat will cause the Shea butter to lose some effective ingredient present in it.

3. The Ultra-Refined Shea Butter

At this stage, the Shea butter would have gone through two or more filtering, this will make it change the original composition. The color would have changed to white. It is a major material in the production of many cosmetics products. The filtering processes would have removed some of the natural healthy nutrients, making it less healthy for consumption. Also, some of the addictive added during the process can make it unhealthy for consumption’s sake.

How To Buy Shea Butter/Shea Nuts In Nigeria

As an international buyer, there are two major ways you can buy shea butter/shea nuts in Nigeria. Here you will have a detailed explanation of how to go about buying shea butter/shea nuts from Nigeria without much stress.

#1. Buying From A Shea Butter/Shea Nuts Exporting Company In Nigeria

This is the most common of the two ways of buying shea butter/shea nuts in Nigeria. Buying directly from the exporting company is easy and most of the time, stress-free. This common to most of the produce that is for the exporting purpose. Though this strategy is easy and direct to use, it has significant advantages and disadvantages.

An advantage of buying shea butter/shea nuts from an exporting company in Nigeria is that the International buyer can place a Letter of Credit (L/C), the shea butter/shea nut seller in Nigeria will send the shea butter/shea nut shipment and will get paid on the terms of the Letter of Credit.

Now, the disadvantage is of this is that although the technique is easy and safe to follow, the shea butter/shea nuts will be sold to the buyer at a very high price which the buyer may not be aware of.

An important question that should be on our minds now is how to find shea butter/shea nuts exporters in Nigeria. You can use any of the methods listed below;

• Attend trade fairs
• Use search engines like Google, Yahoo, etc
• Search for agents on Linkedln
• Sign up on trade platforms
• Contact Renamy Global Resources Ltd – We are one of the reliable shea butter/nuts exporter in Nigeria.  Renamy Global Resources Ltd is rated among the best in the exporting business in Nigeria. The company is not limited to the exportation of raw shea butter/shea nuts alone but can export other agricultural produce ranging from perishables to dry seeds.

#2. Partnering With A Shea Butter/Shea Nuts Export Company In  Nigeria

As an international buyer of shea butter/shea nut, you tend to get the product cheaper compared to the first method. You tend to make more profit with this method than the one given above.

The company will need to initially obtain a certificate of registration of the company on foreign participation from the Nigerian Investments Promotion Council (NIPC). After which the company will need to show proof that the foreign entity has invested in the business to get a business permit from the Federal Ministry of Interior (FMI).

The company will then need to obtain a Certificate of Capital Importation (CCI) to serve as proof that the investor’s fund has been received in Nigeria.

This will give the international buyer a direct partnership with the local company here in Nigeria and can provide funds to purchase as many as possible and available. This will not only bring massive profit but will ensure that the interest of both parties is protected.

Renamy Global Resources Ltd Can Solve Your Shea Butter/Shea Nuts Needs

Looking for a trusted shea butter/shea nuts exporter who can help with all of these? Look no further than Renamy Global Resources Ltd. Partner with us today and get your shea butter/shea nuts in record time and at a competitive price. Fill the enquire form to get started.

 

At Renamy Global Resources Ltd, we take pride in not only exporting high-quality products but also in sharing the incredible health benefits of the natural wonders we offer. One such product is the hibiscus flower—a vibrant and versatile plant used for centuries in many cultures for its medicinal, culinary, and cosmetic properties. In this blog post, we’ll explore 10 amazing benefits of hibiscus flower that make it a true gem in the world of natural health.

1. Rich in Antioxidants
Hibiscus flowers are packed with antioxidants, such as anthocyanins, which help fight free radicals in the body. These antioxidants can reduce oxidative stress, slow down the aging process, and protect against chronic diseases like heart disease and cancer.

2. Supports Heart Health
Hibiscus tea, made from dried hibiscus flowers, has been shown to help lower blood pressure and cholesterol levels, both of which are key factors in maintaining a healthy heart. Studies have found that consuming hibiscus tea regularly may help reduce the risk of heart-related conditions.

3. Boosts Immune System

Hibiscus flowers are rich in vitamin C, which is essential for a strong immune system. Vitamin C helps stimulate the production of white blood cells, which are responsible for fighting off infections. Drinking hibiscus tea can help keep your immune system robust and better prepared to fend off illnesses.

4. Promotes Digestive Health
The natural acids found in hibiscus can aid in digestion by helping to regulate the digestive system and promote the smooth passage of food through the intestines. Additionally, hibiscus has mild diuretic properties, helping to detoxify the body and maintain healthy kidney function.

5. Helps with Weight Loss
Studies have suggested that hibiscus extract can help with weight loss by inhibiting the absorption of starch and glucose, which can reduce fat accumulation. Drinking hibiscus tea may support a healthy metabolism and help those looking to manage their weight in a natural way.

6. Improves Skin Health
Hibiscus is often referred to as the “Botox plant” due to its ability to improve skin elasticity and reduce wrinkles. Rich in alpha hydroxy acids (AHAs), hibiscus helps to exfoliate the skin, remove dead skin cells, and promote the regeneration of new, youthful-looking skin. It also helps in reducing skin blemishes and pigmentation.

7. Balances Blood Sugar Levels
Hibiscus has been shown to help regulate blood sugar levels, which can be beneficial for individuals with diabetes or those looking to prevent blood sugar spikes. Consuming hibiscus tea regularly may help improve insulin sensitivity and maintain stable blood sugar levels.

8. Aids in Stress Reduction
Hibiscus tea is known for its calming effects. It contains compounds that can help reduce anxiety and promote relaxation. Drinking a warm cup of hibiscus tea before bed can help you unwind, improve sleep quality, and reduce stress levels.

9. Fights Inflammation
Hibiscus flowers have anti-inflammatory properties that help reduce swelling and pain in the body. This makes hibiscus an excellent natural remedy for inflammatory conditions such as arthritis or general muscle soreness.

10. Enhances Liver Health
Hibiscus has been shown to improve liver function by detoxifying the body and supporting the liver’s natural ability to filter out toxins. Studies suggest that hibiscus extract may protect the liver from damage caused by harmful substances, making it a great choice for detoxification.

CONCLUSION

As a Nigerian export company committed to sharing the rich natural resources of our country with the world, Renamy Global Resources Ltd is proud to offer the hibiscus flower—a powerful plant with a wide range of health benefits. Whether you are looking to improve your heart health, boost your immune system, or enhance your skin’s appearance, hibiscus is a versatile and effective solution.

With its rich cultural heritage and numerous benefits, hibiscus is truly a gift from nature. If you’re interested in incorporating this incredible flower into your daily routine, feel free to contact us for more information on how you can access high-quality hibiscus products through our export services.

Experience the wonders of hibiscus with Renamy Global Resources Ltd – where natural health meets global excellence.