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How can I start importing goods from China to Nigeria?

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How can I start importing goods from China to Nigeria?

To start importing goods from China at low wholesale prices and sell at much higher prices in Nigeria takes the following steps:

  1. #1. Select a fast-selling product to trade with.
  2. #2. Register your business name with CAC.
  3. #3. Find a supplier online.
  4. #4. Order your products.
  5. Sell your imported products.

How much does it cost to ship goods from China to Nigeria?

Container shipping rates from China to Nigeria

Port of loading: Container size: Shipping price:
Shenzhen to Lagos Nigeria 40FT Container from: $3650
Ningbo-Zhoushan to Lagos Nigeria 40FT Container from: $3990
Guangzhou to Lagos Nigeria 40FT Container from: $3600
Qingdao to Lagos Nigeria 40FT Container from: $3750
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What goods can I import from China to Nigeria?

Now let’s take a look at some of the hottest products you can import from China and sell in Nigeria.

  1. Furniture. China made furniture are very good and better finished that the local ones.
  2. Children’s Toys.
  3. Sealing Machines.
  4. Fashion Items.
  5. Electronic Gadgets.
  6. Fancy Ceiling Pendants.
  7. Household Utensils.
  8. Building Materials.

How do I start importing goods from China?

How to Import from China to Nigeria to Start a Business

  1. Choose an in-demand product.
  2. Look For A Chinese Supplier.
  3. Place Ordering.
  4. Make Payment when import to Nigeria.
  5. Shipping from China to Nigeria:
  6. What we can help you import from china to Nigeria?
  7. Import from China to Nigeria Conclusion.

What is the cheapest way to import from China?

Even with all the additional fees Sea Freight is still the cheapest shipping method for imports from China. Remember that it’s cost effective ONLY if your order is big enough. Usually, a half pallet or one full pallet will be enough if your margins are right.

Does Alibaba deliver to Nigeria?

Shipping to Nigeria If you’re buying from Amazon, Aliexpress, and Alibaba to resell in Nigeria, you shouldn’t wait for the delivery time offered by the platforms which in the case of Aliexpress and Alibaba can take up to 40 days (in some cases).

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What is the cheapest way to ship from China to Nigeria?

If you’re looking at price, the cheapest method of shipping is to use the China or Hong Kong Post Service. Typically, this service will take 2 to 5 weeks before you receive the package. This is a good option for small shipment and it’s quite cheap.

How much is shipping fee per kg from China to Nigeria?

Shipping Services to Nigeria from CHINA Shipping cost of Air freight: $7.00 per kg, groupage: $480 per CBM, 20ft Container: $8,000. 40ft Container: $14,000.

What product sells fast in Nigeria?

Some of the fast-selling computer products include; laptops, laptop case, hard drive, USB drive, printer, laptop charger, hard disk, flashcards, mouse, keyboard, monitor, cable, speaker, headset, e.t.c.

Do I need a permit to import from China?

There is no general import permit for importing products from China. However, you might need a permit to import from a federal agency certain goods from China. Different federal agencies oversee different imported products and requirements can vary.

Do I need a Licence to import goods from China?

You may need an import licence to import goods from China into the UK. There are import controls on a range of different goods including firearms, food and textiles.

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How long does Alibaba take to deliver to Nigeria?

Is import/export business a good option in Nigeria?

The possibilities for exportation is vast, and in a country like Nigeria that’s rich in mineral resources and agricultural products as mentioned in another article,venturing into the import/export business is a great bet for any entrepreneur in any country around the world to take up.

How much does Nigeria import from the world?

In 2019 Nigeria imported $52.5B, making it the number 50 trade destination in the world. During the last five reported years the imports of Nigeria changed by -$4.9B from $57.4B in 2014 to $52.5B in 2019.

What is the import/export business?

The import/export business is about the importation and exportation of goods and services from the shores of every country around the world. An exporter usually gets a purchase order from an importer.

What is the GDP per capita in Nigeria?

Nigeria is the 49th largest export economy in the world and the 124th most complex economy according to the Economic Complexity Index (ECI). In 2017, Nigeria exported $46.8B and imported $34.2B, resulting in a positive trade balance of $12.7B. In 2017 the GDP of Nigeria was $375B and its GDP per capita was $5.87k.