Nigeria is a significant market for Indian agricultural exports, with a diverse range of products meeting its growing demand.
Nigeria's agricultural exports have been on an upward trajectory, with a 65% increase in Q1 2025 compared to the same period in 2024. This growth is driven by rising demand for staple commodities and India's competitive pricing.
Thailand competes with India in rice exports to Nigeria, offering competitive pricing and established trade relationships.
Vietnam is a key supplier of spices to Nigeria, known for its high-quality products and competitive pricing.
Brazil exports pulses to Nigeria, often at lower prices, posing competition to Indian exports.
| HS code | Product | Duty | Notes |
|---|---|---|---|
| 100630 | Non-Basmati Rice | 5% | Nigeria imposes a 5% import duty on non-basmati rice, affecting pricing competitiveness. |
| 0904 | Spices | 10% | A 10% import duty is levied on spices, impacting the final cost to Nigerian consumers. |
| 1507 | Edible Oils | 15% | Edible oils face a 15% import duty, which can influence market pricing dynamics. |
Issued by the exporting country's agricultural department, certifying that the product is free from pests and diseases.
Verifies the product's country of origin, necessary for customs clearance and tariff assessment.
Granted by Nigerian authorities, authorizing the importation of specific goods into the country.
Sea freight from Mumbai to Lagos typically takes 14-21 days, with costs around $1,500 per 20-foot container.
| Product | India mandi rate | Nigeria landed price | Margin |
|---|---|---|---|
| Non-Basmati Rice | $300/ton | $350/ton | $50/ton |
| Spices | $5/kg | $6/kg | $1/kg |
| Edible Oils | $800/ton | $920/ton | $120/ton |
The Trade Union matches you with verified buyers and handles the documentation.