What Items Can Be Imported Into Nigeria?
Nigeria is a country in need of many goods and products. Even if the local market of Nigeria is in a constant state of development, the country relies on imports greatly. Nigeria imports different types of goods from different countries. However, if you are considering importing in Nigeria, there are several aspects that you and your company should consider. And these are apart from the budget and legal norms to be aware of when you are trading in Africa.
Nigeria is a large country with around 186 million people living in it. Its population is divided into two important and wide fields: urban and rural. And they are both consuming different products, besides the basic common goods that are needed. Even so, Nigeria has a lot of requests, and it can be a valuable market for both importers and exporters from all over the world. Since it is the largest market in Africa, it can become a mine gold for companies that want to make a long-term investment. Imports were even more needed after the country’s financial sector went through a lot of changes in 2009.
Besides the possibility of importing certain goods into Nigeria, you also have to consider the potential profit. Some products will bring you a better profit than others and the more research you make, the more familiar you get with such opportunities. Nigerians are big fans of items that improve their lifestyle. If you can bring that to their market at an affordable price, you will reach incredible success.
Products That You Can Consider Importing Into Nigeria:
The list of items that can be imported into Nigeria is wide, and it keeps getting longer as time goes by. People in business worldwide try to adapt to it and break into the Nigerian consumption fields. But even if the variety is wide when it comes to the import-export products list, some products are still more requested than others. Besides the preferences that Nigerians have, there are all sorts of legal aspect that decide if a good can be imported or not. Here are the main products and goods that can be imported into Nigeria!
Products are consumed by the majority of people and have a long shelf life. The shelf life is important because it is allowing Nigerian importers to import large quantities of these goods. And the main such goods imported into Nigeria are:
– edible oils;
These are goods that you can count on because they will always sell on the Nigerian market. And if you want to stay on the safe side, you can always consider such imports. Even the regulations are limited and very well established when it comes to basic goods. All these aspects make the import of wheat, oil, rice or certain vegetables perfect for a beginner importer.
It is also going to require a minimal investment so you will not risk too much while importing these products. But besides these common goods that are considered part of the basic consumption, some products can’t fail once they enter the Nigerian market:
• Memory cards: It is used to save files for all sort of devices from laptops to smartphones and digital cameras
• Games: It keeps the population entertained no matter what device they have access to
• Printers: They are irreplaceable for the education system but also in a variety of different other situations
• Beauty supplies: African ladies cherish their looks and are not afraid to invest in such products
• Electronic Home Appliances: These include everything needed around the house from washing machines to ironing machines and even AC.
• Clinical Equipment: The medical industry is a highly demanding one in Nigeria. With such a high population rate, the country needs equipment for hospitals and different treatments. So, it is definitely worth the investment
• Auto supplies: cars and transportation systems are a must in Nigeria. This is why everything from car batteries to chairs and other parts will bring big profits to the importer.
• Sports kits and equipment: Nigerians are sportive people, and they get involved in a variety of activities. They practice a sport for fun but also to be part of international competitions. And you can’t fail if you decide to import sports equipment into the country.
• Toys: With millions of people living in Nigeria come to a lot of children with different tastes and playing habits. So importing toys into Nigeria should be one of your priorities if you want to make money on a regular basis.
• Clothes and textiles: when importing clothes and textiles into Nigeria, is important to research their local traditions and fashion styles. Once you know what type of materials and clothes to import, you can break into the market easily. Not to mention the financial success that such commerce will bring you.
• Decorative items: African people are very much in love with the concept of beauty. And not just the human beauty but also the way their homes and offices look like. Decorative items are very popular mostly in urban areas. You can import everything from scented candles to rugs or other decorative objects.
This is a list of imported goods in Nigeria, and it remains open as the country needs are adapting and changing. And from year to year, Nigerians have more requests concerning certain products. As an importer, you will have to adapt to these changes and also update your imported products list to match the market as much as possible.
Processed products are always welcomed into the Nigerian market. And the favorite vegetable in both urban and rural fields is the tomato. You can find tomatoes fresh or preserved or even in a juice form. And the Nigerian market can always accept new imports of this vegetable.
Mobile phone accessories also tend to be very popular, and they are cheap to import into the country. As long as your accessories are the latest ones, you might want to put this category on your Nigeria import products list. And speaking of accessories, Jewelry is also a great option when it comes to Nigeria imports. Nigerian women love to wear gold accessories to make a good impression. And even if you can’t import gold ones, silver or any other metal will do. As long as your products look nice and glamorous, you will have no problem breaking into the market.
Items That Can’t Be Imported Into Nigeria:
Besides these popular items that most importers are looking for, certain ones can’t be imported. The Nigerian law doesn’t allow the following products and goods to get into the country and you should cross them off your list as well. As much as the following items will surprise you, they are banned in Nigeria:
• Live or dead birds
• Bird eggs
• Refined vegetable oil
• Cane or beet sugar and chemically pure sucrose
• Cocoa butter
• Certain packs of fruit juice
• Certain medical drugs and vitamins such as paracetamol tablets or Metronidazole tablets
• Mosquito repellent
• Corrugated paper and Paperboards
• Telephone Recharge Cards and Vouchers
• Hollow glass bottles of a capacity bigger than 150 mls
• Motor vehicles above 15 years from the Year of manufacture
• Certain types of furniture
• Waters, including mineral waters and aerated Waters
However, if you are planning to import products related to one of these categories, it is better to check personally. Some norms change quite often, and your specific item might be allowed on the Nigerian market under certain conditions. These products are not necessarily banned because there is something wrong with them. The government knows that Nigeria can supply for some of its needs and wants to encourage local production of certain goods. It will develop the local economy and several industries as well. Not to mention that it will allow the country to stay productive and grow on the international market. Each category of items that can or can’t be imported into Nigeria has a code. Make sure to research the code and get the information you need before starting to export to Nigeria.
Besides these products that are banned only to stimulate local production and industries, there are several other illegal ones. Importing illegal drugs of any kind is prohibited. Also, when it comes to vice products such as alcohol or tobacco, import taxes seem to go up. Most likely, you will not find an official list of imported goods that specify such legal drugs. But if you are planning to import alcohol or tobacco, you should check for specific regulations in the matter.
Before Importing Into Nigeria:
1. Research the local market and identify its needs. As basic as this step seems to be, it is also quite an important one. Be aware of what the local market offers already and think of ways to introduce a better offer than your competitors. In this process, you have to consider both the urban and rural markets, even if the needs of the people might be quite different.
2. Talk to locals and see what they want to have access to and what their financial possibilities are. Knowing the life that locals have will give you an idea about your future opportunities on the market and how you can make the most of them. If you can do that by living in Nigeria for a short time or even making a visit, it would be a lot easier. However, if you don’t have this opportunity, you can make local friends online and keep in touch. Just be careful not to get trapped into one scam or another as online there are many waiting for you.
3. Observe the daily life of Nigerians and what devices they tend to use more often. This will help you provide exactly what they need every day, so you can be sure to make a profit. You can do this by researching online or get involved in local forums. Information is all over the place and even some news channels will cover the Nigerian lifestyle and economy every now and then.
Open your attention to different sources and retain the keywords that can help you define the Nigerian lifestyle from an economic perspective. You also have to consider what locals prefer to eat or cook and spend their money on before providing them with products that you think hey will enjoy.
4. Identify a set of products that can have a positive impact on their lives and help them fight certain moments of frustration. Such products are not needs necessarily, but once introduced into the market, can become as ordinary as the basic ones. And if you want to introduce new items on the market you have to be prepared for great success or a failure.
After all, it is an experiment to try new imports into Nigeria because you never know how the market will react to it since there is no precedent. If this is part of your plan, it might be a great idea to start with a small investment before you are wasting your funds without making much of a profit.
Importing on the Nigerian market is a strategy game, based on real opportunities and perspectives. You will have to take risks, but you will also be blessed with satisfaction and benefits along the way. And when it comes to the legal norms of the country, all you need is a good lawyer to guide your steps and avoid problems. Nigeria has a developed bureaucratic system, and in time, you will get used to it and make it work in your favor as well.
Keep in mind that more than a quarter of Nigerians are employed in the agriculture industry. And the industry keeps growing since 2010 which means that the country will be able to produce more and import less. This is how the country is building a stronger economy and can supply more of its own needs. However, Nigeria exports goods to other African countries as well.
There are many things to export from Nigeria that can’t be found in other countries on the continent, and many companies take advantage of it. Commodities export in Nigeria is also a high possibility for companies worldwide.
Before you create a Nigeria custom plan regarding your opportunities to get on the market, stay informed and gathers the right data that can help you along the way. It will help you put together a plan that works for your business, and it is also appropriated for the Nigerian market. You can do this alone or with the help of your team, but there is also a shorter way to achieve your goals.