How To Make Millions from Exporting Charcoal And Timber To Overseas From Nigeria

It is not hard to export charcoal from Nigeria to oversea provided you want to get dirty for cash? Many would want to get even more than dirty as long as dollars are involved. To export charcoal to oversea means getting dirty for real dollars. Exporters are raking in much dollars from Europe, America, Asia, and other cold western regions. Charcoal is known as ‘alternative energy source’ in the western regions.

The Charcoal industry in Nigeria is a multi billion dollar industry which on its own attracts enough grants from the government to the exporters in other to keep it running smoothly and on a regular basis.

 

To Export Charcoal, Here Are Factors to Consider
The business is worth going into but you must meets the exporting requirements from the government regulatory agencies on charcoal exports business. To start charcoal export, it is vital that understand the rudiments and the principles guiding charcoal export in Nigeria.

1. Quality of Charcoal to Export
Knowing the standards to be met and the types of exports-worthy charcoal is very important for an exporter not to risk getting rejected or under priced.

The Ash contents, moisture contents, volatile contents, and parameters of the fixed carbon are also needed to be in order. Serious works are usually required in inspecting all these before loading it into the ship for exports.

Sometimes this is carried out by the local agents, other times, a sample representation would be sent for proper examinations.

2. Where to Source For Quality Charcoal
Virtually all the Nigerian communities has their own local ways of producing charcoal for their various uses. Charcoal readily comes in handy any time there is shortages of kerosene.

You can get the technologically perfected ones for export in places like Ogbomosho, Oyo, Saki Igbo-Ora, Minna, Kebba, and Jebba all in western and norther parts of Nigeria.

Charcoal has a seasonal markets but in some countries that does not really affect the exportation as some dealers abroad use the time to store it against the next summer season when the demands usually go up.

3. Where to Export Charcoal Oversea
If you have buyers in countries like Israel, Kuwait and other Asian countries, you are in a big business all year round as their orders are throughout the year. This is where a real dealer is proved.

Even if you are starting the charcoal exports newly, it is always best to keep increasing your shipments. This serves as an indication that you can handle more exports if given the opportunity. That is what usually gives exporters link to big companies in various countries to strike up better deals.

How your consignments is packed are usually determined by the buyer. Either to have it in bulk packaged or to have it packed in variant kilograms of 3kg, 5kg, 10kg, etc.

4. Ship Through Reputable Freights
Charcoal is always shipped through a reputable freights companies with terms of trade stated by letter of credit or CAD, Cash Against Document. Many prefer the former because of how easy it is compare to letter of credit.

As for the new entrants into the business, going into details on how you would be packaging either in bulks or in smaller packs is important. But, that is usually best reserved till when you have been able to source for funds and buyers which would indicate the direction your business takes.

5. Get Capital For Your Charcoal Export
I won’t give you the impression that getting capital for the business is easy. Though there are many financial institutions that are willing to participate in capital intensive business like charcoal exportation.

It is not easy but you can make it easy by sourcing for a valid order to present to any financial institution for consideration.

There are also venture capitalists out there with enough fund waiting for businessmen that are willing to share their profits at a given ratio with them.

Once you have your valid documents and order from a reputable company within or outside the country, you are sure to have your request granted.

6. Network With Other Exporters
Get closer to those that are already into the business to learn the latest trick from them. Back yourself up with hints expressed here as you get ready to have your own share of this lucrative business of charcoal exportation to foreign countries.

Do not wait to be taken by the hand to show you the buyers, the prices, the charcoal deports in Nigeria or outside the country.

Make important enquirers about the current situation of the charcoal business in Nigeria. Doing that would enable you to have first hand knowledge about the business. Besides, as an entrepreneurial, you are required to be equipped with genuine and up to date information about your business. It is always important to have fresh facts handy before sourcing for any fund for business.

7. Request Advance Payment
Another good thing about the transactions is that once your goods is on the way to the destination, some percentage of the money would have been paid to your account before it is delivered.

Successful delivery takes 6 weeks on the average to round up. A container load of charcoal may cost N500k to N700k depending on the quality of the woods used. The profit margin is usually above 30% per transaction which is between N150,000 and N210,000 per container load.

Big time charcoal exporters ships between 20 and 30 containers within shortest periods of time. Do the calculations and find out enough reasons why you have to join charcoal export business.

60 Comments

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  1. Money too dey charcoal ooooooo

    1. John Austin can u enlighten me about the business

      1. Kelly me, I greet u
        Am not into it but when u read what was written there very u will get enlightened, there they re just trying to tell u where u can get it when u want to start, how to maintain it, and where u can export it to as in the countries u can send it to

  2. i dont buy this idea

  3. Please I don’t get this idea

  4. Thanks for the motivated and educative words

  5. is a good inspirational post nice one

  6. So even charcoal is this useful

  7. whaaat, exporting charcoal to overseas, like seriously I can’t wait to tell a friend of mine

  8. More enlightened

  9. I need more explantion pls

  10. I will love to know more this

  11. How possible is it no be money ND u need connection too

  12. People look down on this business but i dont really know that it pays

  13. it’s effective

  14. Wow I which I can know more about this business…. I will really like to start

  15. truely i never belived charcaol can be a lugrative business. not to talk of having an industry. thats wonderful

  16. Wow.. so charcoal can be this useful

  17. Nice business, I like it

  18. is a nice business but u need a capital to start it.
    have been seeing people doing iy

  19. I will love to kw more of this

  20. Nice
    I love it

  21. dis is eductive
    even charcole

  22. Please trow more light

  23. It is really nice oh

  24. How do you source for customers?

  25. Most of the things we do not regard as anything are use for making making. Imagine charcoal!

  26. Wow so this can be possible

  27. this sounds great

  28. Shows that everything can be a source of income once there is an understanding of how it works…

  29. Heard something like this before

  30. How do you source for custom

  31. Well good info but not complete.thought they will be giving us contacts and all

  32. Didn’t know there was money in charcoal

  33. More explanation please. I would like to start it.

  34. Explain better pls.

  35. More explanation pls

  36. Wow. I wll wrk on diz

  37. You just opened my eyes to a new business opportunity. Thanks

  38. Nice business need more lite

  39. can you imagin that, one can make good money even from charcoal. what an eye openner

  40. How, I can get it

  41. it very nice but the problem is how to get who will buy and people to trust.
    Money problem

  42. l considered it necessary to inform others

  43. That’s a good mineral resources that you can use to make enough money

  44. There is money in charcoal

  45. This hasbeen proven to be a good investment given the right contacts and noting all the salient factors necessary for its success

  46. So much money everywhere

  47. Wow never knew charcoal can be this useful

  48. I never knew charcoal could be exported until I read this article

  49. Never knew there is money in this charcoal

  50. Importance impact.

  51. Really good to acquire information as this. Wow!

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