The Medicinal and Health Benefits of Chili Pepper

Pepper has long been farmed and used in Eritrea and other parts of Africa, and it is an integral element of the Eritrean culinary tradition. Eritrean pepper germplasm was discovered to be quite diverse, allowing it to be used for a variety of reasons. Pepper is well-known for its nutritional worth, health advantages, and therapeutic characteristics all over the world. It is high in vitamins and minerals, as well as has antibacterial and cancer-fighting qualities. Many illnesses, including cancer, rheumatism, stiff joints, bronchitis and chest colds with cough and headache, arthritis, cardiac arrhythmias, and many more, can be prevented and treated with chili pepper.

 

Chili pepper is widely regarded not only for its culinary use but also for its medicinal and health benefits, which have been recognized for centuries across various cultures. In the context of Nigeria, chili peppers have significant potential, both as a health product and as an export commodity. Let’s explore the medicinal benefits and the potential for exporting Nigerian chili peppers.

1. Rich in Nutrients: Chili peppers are packed with vitamins and minerals, particularly vitamin C, vitamin A, and potassium. These nutrients play essential roles in boosting the immune system, promoting eye health, and maintaining proper blood pressure.
2. Anti-inflammatory Properties: The active compound capsaicin found in chili peppers has powerful anti-inflammatory effects. It is commonly used in topical ointments and creams to treat conditions like arthritis, muscle pain, and joint stiffness.
3. Cancer-Fighting Potential: Capsaicin has been studied for its potential anti-cancer properties. Research suggests that capsaicin can induce apoptosis (cell death) in cancer cells, slowing the growth of tumors. It also shows promise in inhibiting the spread of cancer cells, particularly in prostate and stomach cancers.
4. Improved Digestion: Chili peppers stimulate the production of digestive juices and enzymes, which can help improve digestion. They are often used in traditional medicine to treat indigestion, bloating, and constipation.
5. Pain Relief: Capsaicin is a common ingredient in topical creams for pain relief. It works by blocking pain signals and can be effective in treating conditions like neuropathic pain and migraines.
6. Antibacterial and Antifungal Properties: Chili peppers have natural antibacterial and antifungal properties. They have been traditionally used to treat infections and improve gut health, helping combat harmful microorganisms in the digestive system.
7. Weight Loss Aid: Capsaicin is known to boost metabolism and increase fat burning. Studies have shown that chili peppers may help in weight management by reducing appetite and enhancing fat oxidation.
8. Cardiovascular Health: Regular consumption of chili peppers has been linked to improved heart health. Capsaicin helps lower cholesterol levels, reduces the risk of blood clot formation, and improves circulation, which can lead to better overall cardiovascular health.

 

How to Import Chili Pepper from Nigeria

Nigeria is one of the leading producers of chili peppers, thanks to its favorable climate and fertile soil. The country offers a diverse range of chili pepper varieties that are used globally for culinary and medicinal purposes. Importing chili pepper from Nigeria can be a lucrative business, provided you understand the key steps involved in the process. In this guide, we will explore how to import chili pepper from Nigeria, focusing on the essentials of sourcing, logistics, and ensuring the quality of the product.

1. Understand the Demand and Market

Before you import chili pepper from Nigeria, it’s important to conduct thorough market research. This includes identifying the demand for chili peppers in your target market, understanding the preferences of your consumers, and researching the types of chili peppers that are popular.

• Identify Your Target Market: Chili peppers are used worldwide, especially in regions with a strong culinary tradition, such as in parts of Asia, Europe, the Middle East, and North America. If you plan to focus on specific products like fresh peppers, dried chili, or chili powder, make sure you understand the local demand for these products.
• Know the Different Varieties: Nigeria produces different varieties of chili peppers, such as the Capsicum annuum and Capsicum frutescens. These varieties differ in heat level, flavor, and appearance, so knowing which types are in demand in your target market will help you make the right choice when sourcing your peppers.

2. Find Reliable Suppliers in Nigeria like Renamy Global Resources Ltd

Once you’ve identified the market demand, the next step is to find a reliable supplier of chili peppers in Nigeria. This involves selecting farmers, cooperatives, or exporters who can provide high-quality produce consistently.

• Search for Reputable Suppliers: Renamy Global Resources Ltd is a reputable supplier of chili pepper and other agricultural products from Nigeria. We are a trusted global order fulfillment and sourcing solution company with deep expertise in the Agric industry. Our end-to-end supply chain solution makes the export of quality agricultural products easy, quick, and safe. Whichever region of the world you are in, be it Europe, Asia, USA, Canada, Other North/Central American countries, Africa, South America,or Oceania, you can reliably order your agric products and we will ensure it is successfully delivered to you.
• Negotiate Terms: Before making an agreement, negotiate the price, payment terms, delivery schedules, and other terms of sale. It’s essential to have a clear understanding of the supplier’s production capacity and their ability to meet your requirements.

3. Ensure Quality and Compliance

To ensure the chili peppers you import meet the standards of your market, you must prioritize quality control throughout the supply chain.

• Request Samples: Before placing a large order, request samples from the supplier. This will allow you to assess the quality, taste, and appearance of the peppers to ensure they meet your standards.
• Phytosanitary Certificate: Nigerian chili peppers require a phytosanitary certificate, which verifies that the peppers are free from pests and diseases. This certificate is issued by the Nigerian Agricultural Quarantine Service (NAQS) and is a mandatory requirement for exporting agricultural products.
• Quality Assurance: Work with your supplier to establish quality standards. This may include specifications regarding the size, color, and level of ripeness of the peppers. Ensure that the supplier is capable of consistently meeting these standards.

4. Handle Export Documentation

When importing chili peppers from Nigeria, proper documentation is key to ensure a smooth transaction and compliance with both Nigerian and international regulations.

• Import License: Depending on the country you are importing to, you may need an import license. Make sure to check with your country’s customs and agricultural authorities to determine the licensing requirements for importing chili peppers.
• Export Documentation: Common export documents include the commercial invoice, packing list, bill of lading, certificate of origin, and phytosanitary certificate. These documents are necessary for clearing customs in both the exporting and importing countries.
• Customs Duties and Taxes: Familiarize yourself with any import duties or taxes that will be imposed by your country. Research the applicable tariff codes for chili peppers to estimate costs and avoid surprises during the importation process.

5. Shipping and Logistics

Effective logistics is crucial when importing chili peppers. The shipping process should ensure that the peppers reach their destination in optimal condition, considering the perishable nature of fresh produce and the potential for damage during transit.

• Choose the Right Shipping Method: You can choose between air freight or sea freight, depending on the volume and urgency of the order. Fresh chili peppers are typically shipped via air freight to maintain freshness, while dried or processed chili peppers can be shipped by sea.
• Packaging: Packaging plays a vital role in protecting chili peppers during transit. Ensure that the packaging is durable, breathable (to avoid moisture buildup), and appropriate for the shipping method. For fresh chili peppers, use crates or boxes with proper ventilation to allow airflow and prevent spoilage.
• Cold Chain Management: If you’re importing fresh chili peppers, maintaining a cold chain is essential. Work with logistics companies that specialize in perishable goods to ensure that the peppers are kept at the right temperature throughout the journey.

6. Clearance and Delivery

Once your shipment arrives at the destination port, you’ll need to clear it through customs before it can be delivered to your warehouse or retail location.

• Customs Clearance: Work with a customs broker to ensure that all customs procedures are handled correctly. They will help you submit the necessary documents and pay any applicable duties or taxes.
• Final Delivery: After customs clearance, arrange for the peppers to be delivered to your designated location. If you’re importing fresh chili peppers, ensure that the delivery is done as quickly as possible to prevent spoilage.

7. Market and Sell the Chili Pepper

Once your chili peppers have been imported, the next step is to sell them. Depending on your business model, you may sell the peppers to wholesalers, retailers, or directly to consumers.

• Promote the Product: Create marketing materials that highlight the unique qualities of Nigerian chili peppers, such as their heat level, flavor, and origin. Branding is crucial for differentiation, so ensure your packaging and messaging are aligned with the preferences of your target market.
• Create an Online Presence: If you’re selling directly to consumers, consider establishing an online store to reach a wider audience. Social media platforms are also great for marketing your product and creating awareness around its health benefits and culinary uses.
• Build Relationships with Buyers: If you’re focusing on B2B sales, build relationships with importers, distributors, and retailers who can help you expand your reach and increase sales.

Conclusion

Importing chili peppers from Nigeria can be a rewarding business opportunity if you follow the right steps to ensure quality, proper documentation, and efficient logistics. By understanding the demand in your target market, sourcing reliable suppliers, and following best practices for shipping and customs, you can successfully import high-quality chili peppers and grow your business. As demand for peppers continues to rise globally, Nigeria’s rich agricultural sector positions it as an ideal source for chili peppers, offering immense potential for importers.

 

Traditional Health Benefits of Bitter Kola

Bitter kola, also known as Garcinia kola, is a widely grown plant in Central and Western Africa. It has a long history of uses in traditional African medicine and is believed to offer numerous health benefits. Bitter kola contains various nutrients, including carbohydrates, lipids, proteins, vitamin C, calcium, potassium, iron, and caffeine.

 

in this article, we will explore some remarkable uses and health benefits of bitter kola that you may not be aware of. From its potential antimalarial properties to its effects on weight management, blood glucose regulation, and respiratory health, bitter kola has gained recognition for its potential therapeutic value.

So, what are the health benefits of Bitter (Garcinia) Kola?

In this article, we will explore ten remarkable benefits of bitter kola that you may not be aware of. From its potential antimalarial properties to its effects on weight management, blood glucose regulation, and respiratory health, bitter kola has gained recognition for its potential therapeutic value.

So, what are the health benefits of Bitter (Garcinia) Kola?

Antimalarial Properties

Bitter kola is believed to possess chemical compounds that act as antimalarial agents. One of these compounds, called kolaviron, is a natural antioxidant and anti-inflammatory phytochemical that has been found to have antimalarial effects. Research suggests that bitter kola extracts containing kolaviron can inhibit the growth of malaria parasites and reduce the severity of malaria symptoms. While bitter kola cannot replace conventional antimalarial medications, it may serve as a supportive therapy or a preventive measure in areas where malaria is prevalent.

Weight Management and Hunger Suppression

Bitter kola is known for its ability to suppress hunger and promote weight management. It acts as a natural appetite suppressant, making you feel fuller for longer periods. By reducing hunger cravings, bitter kola can help control calorie intake and support weight loss efforts. Additionally, bitter kola acts as a powerful thirst stimulant, encouraging increased water consumption. Staying hydrated is essential for overall health and can aid in weight loss by promoting proper digestion, metabolism, and toxin elimination. Remember to incorporate bitter kola into a balanced diet and exercise routine for optimal results.

Blood Glucose Regulation

Research suggests that bitter kola seeds have the potential to regulate blood glucose levels, making them a possible adjunct therapy for diabetes mellitus. The active compounds in bitter kola may enhance insulin sensitivity and promote glucose uptake by cells, leading to better blood sugar control. While bitter kola should not replace prescribed diabetes medications, it may offer additional support in managing blood glucose levels.

Relief from Cold and Fever

In traditional medicine, bitter kola has been used as a remedy for cold and fever symptoms. It contains bioactive compounds that can help alleviate respiratory congestion and provide relief from chest colds. Bitter kola works by enlarging the alveolar sac and duct, allowing for improved airflow and mucus clearance in the respiratory system. It may also possess antimicrobial properties that help combat the underlying causes of respiratory infections.

Aphrodisiac Properties

Bitter kola has long been regarded as an aphrodisiac, particularly for men. Research suggests that it contains compounds that can enhance sexual desire and address erectile dysfunction. Bitter kola may promote increased blood flow to the genital area, which can contribute to improved sexual performance. It is important to note that individual experiences may vary, and more research is needed to fully understand the mechanisms behind bitter kola’s aphrodisiac effects.

Immune System Support

Bitter kola has been shown to have positive effects on the immune system. It contains bioactive compounds that can modulate immune responses and help the body adapt to stress. By supporting immune function, bitter kola may enhance the body’s ability to defend against infections and diseases. It is important to maintain a healthy lifestyle that includes a balanced diet, regular exercise, adequate sleep, and stress management for optimal immune system function.

Glaucoma Prevention

Glaucoma is a group of eye diseases characterized by increased pressure within the eye, which can lead to vision loss if left untreated. Studies have found that using an eye drop made from a garcinia kola extract can help treat and prevent glaucoma. The active compounds in bitter kola may help reduce intraocular pressure and provide relief from glaucoma symptoms.

Osteoarthritis Relief

Bitter kola has been recognized for its potential benefits in alleviating symptoms of osteoarthritis. Research suggests that bitter kola contains compounds with analgesic and anti-inflammatory properties, which can help reduce pain and inflammation in individuals with knee osteoarthritis. These compounds may also improve joint health and mobility.

Lung Health Promotion

Bitter kola contains saponin, an antioxidant that has cleansing and purifying properties. These properties can contribute to improved lung health by widening the alveolar ducts and sacs, strengthening the lung tissue’s fibers, and help respiratory function.

Benefits for Pregnant Women

Contrary to popular belief, bitter kola has been found to provide potential benefits for pregnant women. It is believed to aid in the prevention of nausea and vomiting during pregnancy. Additionally, bitter kola may help strengthen the uterus, provide essential nutrients for the expecting mother, and support healthy blood circulation.

In Summary

Bitter (Garcinia) kola, with its wide range of potential health benefits, has been valued in traditional African medicine for centuries. From its antimalarial properties to its effects on weight management, blood glucose regulation, and respiratory health, bitter kola offers a diverse array of potential therapeutic applications. However, it is important to note that further research is needed to fully understand and validate these benefits. If you are considering incorporating bitter kola into your health regimen, it is advisable to consult with a healthcare professional for guidance and to ensure it complements your overall health and treatment plan.

Source Your Agric Products With Renamy

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

 

 

How To Safely Source for Your Bitter (Garcinia) Kola 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 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 Bitter Kola exporters in Nigeria. We are rated among the best in the exporting business in Nigeria. The company is not limited to the exportation of Bitter Kola alone but can export other agricultural produce ranging from perishables to dry seeds.

 

International Price of Bitter (Garcinia) Kola Per Metric Ton

The unit price ($ per kg) of Bitter Kola 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, bitter (garcinia) kola costs between $12,000 and $25,000 per metric ton (1,000 kilograms) in the international market (i.e. $12/kg to $25/kg)

How To Pay For Your Bitter Kola Produce

You can pay for Bitter Kola 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 Bitter (Garcinia) Kola The Right Way with Renamy

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

Our Bitter Kola Trade Specifications are listed below:

• Origin: Nigeria
• Product Name: Bitter (Garcinia) Kola
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 10 Metric Tonnes
• Trade Process: Ex Works/FOB/CIF
• Admixture/Impurities: 2% 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

THE PREVALENCE OF SORGHUM IN NIGERIA

Sorghum (Sorghum bicolor) is a highly nutritious and versatile grain that has been cultivated for thousands of years. It’s one of the oldest cereal grains and is widely grown in many parts of the world. In Nigeria, sorghum is an essential crop and a staple in many regions, where it is used to make various dishes and products. The grain is primarily grown in the northern regions of Nigeria, such as Kano, Jigawa, Sokoto, and Katsina, due to its adaptability to dry climates. It’s available in local markets across the country, both as whole grain and as flour.

SOME HEALTH BENEFITS OF SORGHUM

1. Rich in Nutrients

Sorghum is a great source of several essential nutrients, including:

• Fiber: It’s rich in both soluble and insoluble fiber, which helps improve digestive health and can prevent constipation.
• Vitamins: Sorghum contains several vitamins, including B-vitamins (like niacin, thiamine, and riboflavin), which are crucial for metabolism and energy production.
• Minerals: It is also high in important minerals like iron, magnesium, phosphorus, and potassium, all of which contribute to overall health.

2. Gluten-Free

Sorghum is naturally gluten-free, making it a great option for people with celiac disease or gluten sensitivity. It can be used as an alternative to wheat flour in gluten-free baking and cooking.

3. High in Antioxidants

Sorghum contains polyphenols, which are antioxidants that help fight oxidative stress in the body. Antioxidants can protect your cells from damage, reducing the risk of chronic diseases like heart disease and cancer.

4. Supports Heart Health

Due to its high fiber content and antioxidant properties, sorghum may help lower cholesterol levels and reduce the risk of cardiovascular disease. The fiber in sorghum also aids in controlling blood pressure and improving heart health overall.

5. Regulates Blood Sugar

Sorghum has a low glycemic index (GI), meaning it causes a slower, steadier rise in blood sugar levels compared to other grains. This makes it a great option for people managing diabetes or trying to maintain stable energy levels throughout the day.

6. Supports Weight Management

The fiber in sorghum can help with weight management by promoting feelings of fullness and reducing overall calorie intake. High-fiber foods take longer to digest, helping to control hunger and prevent overeating.

7. Promotes Digestive Health

The soluble fiber in sorghum helps to regulate bowel movements and maintain a healthy gut. It can also support beneficial gut bacteria, which play an important role in immune health and overall well-being.

USES OF SORGHUM

• Cooking: You can cook sorghum like rice or quinoa, using it as a base for salads, side dishes, or grain bowls. It has a mild, nutty flavor and a chewy texture.
• Flour: Sorghum flour is a great gluten-free alternative to wheat flour and can be used in baking, making pancakes, bread, muffins, and cookies.
• Popcorn: Sorghum can be popped, similar to popcorn, for a healthy snack.
• Sorghum Syrup: In some cultures, sorghum is used to make a sweet syrup, which can be used as a natural sweetener in recipes or as a topping for pancakes and waffles.
• Beverages: Sorghum is sometimes used to make drinks, such as fermented beverages or sorghum beer, especially in some African and Asian cultures.

SORGHUM CONSUMPTION

Sorghum may be consumed and enjoyed in various ways including:

• Rice or quinoa-alternative. It can be used in place of rice. Cook whole grain and pearled sorghum in the same way you would rice or quinoa.
• Flour that has been milled. It may be used as a gluten-free flour in most recipes because of its neutral flavor and light color. Simply replace it with a 1:1 ratio.
• Popped. In a hot skillet, toss the grains and watch them pop like popcorn. Seasonings can be used for added flavor.
• Flaked. Flaked sorghum, like other cereal grains like oats, is wonderful as cereal and in baked goods like granola bars and cookies.
• Syrup. Sorghum syrup is used as a natural sweetener or as a substitute for molasses in processed meals.

MEET YOUR SORGHUM EXPORT/IMPORT NEEDS WITH RENAMY GLOBAL RESOURCES

  

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

What is Cashew Nut Kernels?

The cashew tree (Anacardium occidentale) is a tropical evergreen tree that produces the cashew seed and the cashew apple accessory fruit. The tree can grow as high as 14 m (46 ft), but the dwarf cultivars, growing up to 6 m (20 ft), prove more profitable, with earlier maturity and greater yields. The cashew seed is commonly considered a snack nut (Cashew Nut Kernels) eaten on its own, used in recipes, or processed into cashew cheese or cashew butter. Like the tree, the nut is often simply called cashew. Cashew allergies are triggered by the proteins found in tree nuts, and cooking often does not remove or change these proteins.

Cashews are a kidney-shaped seed sourced from the cashew tree — a tropical tree native to Brazil but now cultivated in various warm climates across the world. While “raw” cashews are widely sold, truly raw cashews are not safe to eat, as they contain a substance known as urushiol, found in poison ivy. Urushiol is toxic, and contact with it can trigger a skin reaction in some people. Cashew kernels are cooked in processing to remove this toxic liquid, and this resulting product is sold as “raw”. Although commonly referred to as tree nuts, and nutritionally comparable to them, cashews are really seeds. They’re rich in nutrients and beneficial plant compounds and make for an easy addition to many dishes. Like most nuts, cashews may also help improve your overall health. They’ve been linked to benefits like weight loss, improved blood sugar control, and a healthier heart.

The Origin, Spread and Uses of Cashew Nut Kernels

Culinary uses for cashew seeds in snacking and cooking are similar to those for all tree seeds called nuts. Cashews are commonly used in South Asian cuisine, whole for garnishing sweets or curries, or ground into a paste that forms a base of sauces for curries (e.g., korma), or some sweets (e.g., kaju barfi). It is also used in powdered form in the preparation of several Indian sweets and desserts. In Goan cuisine, both roasted and raw kernels are used whole for making curries and sweets.

Cashews are also used in Thai and Chinese cuisines, generally in whole form. In the Philippines, cashew is a known product of Antipolo, and is eaten with suman. The province of Pampanga also has a sweet dessert called turrones de casuy, which is cashew marzipan wrapped in white wafers. In Indonesia, roasted and salted cashews are called kacang mete or kacang mede, while the cashew apple is called jambu monyet (lit. ‘monkey rose apple’).

In the 21st century, cashew cultivation increased in several African countries to meet the demands for manufacturing cashew milk, a plant milk alternative to dairy milk. In Mozambique, bolo polana is a cake prepared using powdered cashews and mashed potatoes as the main ingredients. This dessert is popular in South Africa. In Brazil, cashew fruit juice and the fruit pulp are used in the production of sweets, juice, mixed with alcoholic beverages such as cachaça, and as a flour, milk, or cheese. In Panama, the cashew fruit is cooked with water and sugar for a prolonged time to make a sweet, brown, paste-like dessert called dulce de marañón (marañón being a Spanish name for cashew).

Cashew Nut Kernels Oil

The shell of the Cashew Nut Kernels contains oil compounds that can cause contact dermatitis similar to poison ivy, primarily resulting from the phenolic lipids, anacardic acid, and cardamom. Due to the possible dermatitis, cashews are typically not sold in the shell to consumers. Readily and inexpensively extracted from the waste shells, cardanol is under research for its potential applications in nanomaterials and biotechnology.

Cashew Nut Kernels oil is a dark yellow oil derived from pressing the Cashew Nut Kernelss (typically from lower value broken chunks created accidentally during processing), and is used for cooking or as a salad dressing. The highest quality oil is produced from a single cold pressing. Discarded Cashew Nut Kernels unfit for human consumption, alongside the residues of oil extraction from cashew kernels, can be used to feed livestock. Animals can also eat the leaves of cashew trees.

As well as the nut and fruit, the plant has several other uses. In Cambodia, the bark gives a yellow dye, the timber is used in boat-making, and for house-boards, and the wood makes excellent charcoal. The shells yield a black oil used as a preservative and water-proofing agent in varnishes, cements, and as a lubricant or timber seal. Timber is used to manufacture furniture, boats, packing crates, and charcoal. Its juice turns black on exposure to air, providing an indelible ink.

What’s The Harvest Season for Cashew Nut Kernels?

Cashews are usually harvested between February – May. The nuts start to develop after about eight weeks following pollination. The nuts should be harvested as soon as possible and should be dried before storage. Cashews only produce after the third year of planting and can go on producing for about ten years.

Health Benefits of Cashew Nut Kernels

The following highlights its many benefits and the kinds of activity it is believed to:

• Help you lose weight
• Improve heart health
• Effective for people with type 2 diabetes
• Helps Bone health
• Reduces Gallstones
• Prevent cardiovascular diseases
• Help lower the blood pressure
• Immunity booster
• May help strengthen bones
• Help boost brain functions
• Beneficial for hair
• Good for eye health
• May increase male fertility

Top Exporting & Importing Countries Of Cashew Nut Kernels

Below are the Cashew Nut Kernels exporting and importing countries:

• Vietnam           66.46%
• India     9.28%
• Netherlands      6.07%
• Germany          4.59%
• Ivory Coast       2.51%
• Brazil    2.07%
• Mozambique    1.19%
• Indonesia         1.04%
• Nigeria 0.69%

Some of the leading importers of Cashew Nut Kernels are:

• United States    27.2%
• Germany          12.12%
• Netherlands      8.34%
• China    3.68%
• United Kingdom            3.65%
• Vietnam           3.53%
• France  2.92%
• Australia           2.69%
• United Arab Emirates    2.67%  

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:

• 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 Kernels 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 Cashew Nut Kernels and other agric produce. Our end-to-end supply chain solution makes the export of quality Cashew Nut Kernels 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 Kernels

The unit price of Cashew Nut Kernels 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, the price of Cashew Nut Kernels is USD 10.52/Kg

How To Pay For Your Cashew Nut Kernels

You can pay for your Cashew Nut Kernels 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 (L/C)

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 Your Cashew Nut Kernels The Right Way with Renamy Global Resources Ltd

We are a trusted global order fulfilment and sourcing solution company with deep expertise in the Cashew Nut Kernels industry. Our end-to-end supply chain solution makes the export of quality Cashew Nut Kernels 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 Kernels trade specifications are listed below:

• Origin: Nigeria
• Product Name: Cashew Nut Kernels
• Product Types: Nil
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 20 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/CMass Image Compressor Compressed this image. https://sourceforge.net/projects/icompress/ with Quality:64
• 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 Shea Nut?

The shea tree (also called Vitellaria paradoxa) is a small to medium-sized deciduous tree that grows to a height of 15-25 m. The leaves are arranged in a spiral form and are mostly in dense clusters at branch terminals. The fruit of the shea tree is initially green in colour but turns yellowish green or brown when mature; the shea fruit looks like a giant plum, it contains 1 or 2-seeds, is shaped like an ellipsoid (4-8 cm) and weighs 10-50 g. During the dry season, sheanut fruits provide energy. Sheanut butter, made from the huge fleshy seeds, has around 45 percent edible lardlike fat, which is utilized in food and cosmetics. Sheanut cake or meal, a by-product of the butter extraction, can be utilized as a feed. Shea nuts are obtained from the shea tree that is indigenous to many parts of Africa. The shea nut is the seed of the fruit of the shea tree. The fruit portion is typically removed to retrieve the hard-shelled nut. Shea nut is a very oil-rich seed.

The English word “shea” comes from s’í, the tree’s name in Bambara. It is known by many local names, such as kpakahili in the Dagbani language, taama in the Wali language, kuto in Twi, kaɗe or kaɗanya in Hausa, òkwùmá in the Igbo language, òrí in the Yoruba language, karité in the Wolof language of Senegal, and ori in some parts of West Africa and many others.

The Origin, Spread and Uses of Shea Nut?

The shea tree grows wild in West Africa’s arid savannah belt, from Senegal in the west to Sudan in the east, and up into the Ethiopian highlands’ foothills. It covers roughly 1,000 kilometers of savanna and 1 million square kilometers of woodland grassland (about 500 million trees) in 22 nations across the region. Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Ethiopia, Eritrea, Ghana, Guinea Bissau, Ivory Coast, Mali, Niger, Nigeria, Senegal, Sierra Leone, South Sudan, Sudan, Togo, Uganda, Democratic Republic of the Congo, Kenya, and Guinea are among the countries where shea butter can be found.

Shea butter manufacture was documented by a testa discovered on the site of the medieval settlement of Saouga in the 14th century. It grows on a variety of soils, such as clay, sandy clay, sand, stony soil and laterites. It prefers colluvial slopes with moderately moist, deep soils, rich in organic matter.

Processing and Uses of Shea Butter and Shea Nut

Shea butter is an oil extracted from the kernel of the shea tree (Vitellaria paradoxa, Butyrospermum parkii). It thrives in the wild, where it receives no particular care or nourishment. Every aspect of this native tree has been discovered to be helpful. The shea tree has a useful fruit-bearing life span of 15–20 years, despite its modest initial growth. When clearing land for other agricultural activities under the indigenous farming system, Shea trees are conserved and its exclusive cultivation is restricted to avoid shading other crops; yet, the weeding and soil fertility management practices used for other crops also aid shea tree growth.

The shea fruit leads to the derivation of the shea nut, which contains the shea kernel. The kernel is the source of shea butter, which is removed via an arduous 22-step process (mostly by rural women) that takes several hours to create 1 kg of butter. It is estimated that 300,000 and 400,000 rural women are involed in the shea butter value chain.

Shea butter is mainly used in the cosmetics industry for skin- and hair-related products (lip gloss, lip stick, skin moisturizer creams and emulsions, and hair conditioners for dry and brittle hair). It is also used by soap makers and massage oil manufacturers, typically in small amounts, because it has plenty of unsaponifiables, and higher amounts result in a softer soap that has less cleaning ability. Shea butter is used as a cooking oil, a waterproofing wax, for hairdressing, candlemaking, and as an ingredient in medicinal ointments in several African countries, such as Benin. It’s used by traditional African percussion instrument builders to make wood (such carved djembe shells), dried calabash gourds, and leather tuning straps more durable.

Health Benefits of Shea Nut

Shea butter is a fat produced from the shea tree’s nuts. It has an off-white or ivory tint and is solid at warm temperatures. For ages, shea butter has been utilized as a cosmetic ingredient. It’s a terrific product for smoothing, calming, and conditioning your skin because of its high content of vitamins and fatty acids, as well as its easy-to-spread consistency. Here are benefits of Shea nut to human health are:

• Treats Dermatitis, Psoriasis, And Eczema
• Moisturizes Dry Skin
• Treats Acne And Blemishes
• Reduces Skin Inflammation
• Anti-Aging And Anti-Free Radical Agent
• Provides Relief To Itchy And Peeling Skin
• Restores The Elasticity Of The Skin
• Reduce Razor Irritation And Bumps
• Reduces Stretch Marks
• Cures Insect Bites
• Wound Healing
• Helps Treat Diarrhea
• Lowers Cholesterol
• Cures Nasal Inflammation And Nasal Congestion
• Cures Arthritis
• Treats Rheumatism
• Helps Soothe Skin And Baby Diaper Rash
• Excellent Lip Care
• Repairs Damaged Hair
• Soothes Dry And Itchy Scalp
• Prevents Hair Loss
• Effective Natural Conditioner, and so on.

Top Exporting & Importing Countries of Shea Nut

Shea nuts are very common in West-Africa indeed. As you can see, Nigeria is the main producer, followed by Mali. Nigeria produces around 450,000 metric tons per year.

• Nigeria (54.1%)
• Mali (25.5%)
• Burkina Faso (6.8%)
• Ghana (5.0%)
• Ivory Coast (4.6%)
• Benin (2.1%)
• Togo (1.9%)

Some of the leading importers of Shea nut are:

• United States (17.59%)
• Germany (11.86%)
• Netherland (6.48%)
• South Korea (6%)
• Spain (5.35%)
• United Kingdom (4.31%)
• Austria (3.94%)
• India (3.87%)
• France (3.81%)

How To Safely Source for Your Shea 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:

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 shea 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 Shea nut and other agric produce. Our end-to-end supply chain solution makes the export of quality shea 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 Shea Nut Per Metric Ton

The unit price ($ per kg) of Shea 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, quality shea nut costs between $500 and $1,000 per metric ton (1,000 kilograms) in the international market (i.e. $0.5/kg to $1/kg).

How To Pay For Your Shea 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 Shea Nut The Right Way with Renamy Global Resources Ltd

We are a trusted global order fulfilment and sourcing solution company with deep expertise in the Shea Nut industry. Our end-to-end supply chain solution makes the export of quality Shea 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 Shea Nut trade specifications are listed below:

• Origin: Nigeria
• Product Name: Shea Nut
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 10 Metric Tonnes
• Trade Process: Ex Works/FOB/CIF
• Oleic acid: 40–60% Max
• Stearic acid: 20–50% Max
• Linoleic acid: 3–11% Max
• Palmitic acid: 2–9% Max
• Linolenic acid: <1% Max
• Arachidic acid: <1% max
• Moisture Content: 8% 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

 What is Bitter (Garcinia) Kola?

Bitter Kola (also called Garcinia kola) is an edible seed, which belongs to a unique group of plants that help organisms to adapt to stress by influencing multiple regulatory systems responsible for stimulus–response coupling such as the immune system and act also as a general anti-infective agent. G. kola, commonly known as bitter kola or male kola, is used in traditional African medicine for the treatment of various infectious diseases, such as hepatitis, infections due to the influenza virus and other viral diseases. The plant elaborates a complex mixture of biflavonoids, prenylated benzophenones, xanthones and calanolide-type coumarines. Recently, Axxon Biopharm Inc. has presented dietary supplements containing G. kola extractives as the main constituent. These products were standardized using the biflavonoids, GB1, GB2 and kolaflavonone as the marker compounds.

Garcinia kola (Bitter kola) fruits are harvested annually between July and October, which makes it a highly seasonal product. Bitter kola fruits are smooth and elliptically shaped, with yellow pulp and brown seed coat. Garcinia kola has economic value across West African countries where the seeds are commonly chewed and used for traditional ceremonies and medicines. It is highly valued for its perceived medicinal attributes, and the fact that consumption of large quantities does not cause indigestion (as cola nuts do) makes it a highly desired product

Health Benefits of Bitter Kola

Bitter Kola is a plant from Africa and it has a lot of health benefits. Almost all the parts on this plant can be used for health purpose. Bitter kola is a highly valued ingredient in African ethno medicine because of its varied and numerous uses which are social and medicinal. Medicinal plants such as G. kola are believed to be an important source of new chemical substances with potential therapeutic benefits.

Below are some of the benefits of bitter kola:

• Cold and fever remedy
• Treating malaria
• Weight Loss
• Prevent diabetes
• Treatment of erectile dysfunction
• Anti-cancerous
• Antimalarial agent
• fight glaucoma
• improve the immune system
• improve the function of the lungs
• remedy for osteoarthritis
• aphrodisiac credentials
• Traditional medicine
• Repellant for snakes
• Life Prolongation
• Anti-Poison

Top Exporting & Importing Countries of Bitter Kola

Bitter kola is a medium sized forest tree found throughout West and Central Africa, also found in large quantities in South, East and Western States of Nigeria. It is a wonderful agricultural product with a wide range of applications in natural and orthodox medicine. Bitter kola is also used for brewery purposes and that has been the reason why bitter kola is demanded in small and in large quantities by the international market.

• Nigeria (principal producer of bitter kola producing about 150, 000 tons of which 90% is consumed locally)
• Benin
• Cameroon
• Democratic Republic of the Congo
• Ivory Coast
• Gabon
• Ghana
• Liberia
• Senegal
• Sierra Leone.

Some of the leading importers of Bitter Kola are:

• USA
• Britain
• Germany
• France
• Italy
• China
• Japan
• India
• Thailand
• Indonesia

 

How To Safely Source for Your Bitter (Garcinia) Kola 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 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 Bitter Kola exporters in Nigeria. We are also rated among the best in the exporting business in Nigeria. The company is not limited to the exportation of Bitter Kola alone but can export other agricultural produce ranging from perishables to dry seeds.

International Price of Bitter (Garcinia) Kola Per Metric Ton

The unit price ($ per kg) of Bitter Kola 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, bitter (garcinia) kola costs between $12,000 and $25,000 per metric ton (1,000 kilograms) in the international market (i.e. $12/kg to $25/kg)

How To Pay For Your Bitter Kola Produce

You can pay for Bitter Kola 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 Bitter (Garcinia) Kola The Right Way with Renamy Global Resources Ltd

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

Our Bitter Kola Trade Specifications are listed below:

• Origin: Nigeria
• Product Name: Bitter (Garcinia) Kola
• Physical Specification: Based On Buyer’s Specification
• Quantity: Based On Buyer’s Specification
• MOQ: 10 Metric Tonnes
• Trade Process: Ex Works/FOB/CIF
• Admixture/Impurities: 2% 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

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