How to Export Rubber Footwear from Nigeria, at the Lowest Cost
How to Export Rubber Footwear from Nigeria, at the Lowest Cost
Nigeria is the world’s 3rd largest producer of rubber which has resulted in a rise in export of rubber products. Rubber footwear is one of the most popular exports from Nigeria. The low cost of production and labor make it easy to export rubber footwear. A new approach to exporting goods is through the use of container shipping, which would reduce the cost even more. These are some simple steps on how to export rubber footwear from Nigeria at the lowest cost, making you competitive in the global markets.
Global Rubber Footwear Market
Rubber footwear is one of the most popular exports from Nigeria. Nigeria is the world’s 3rd largest producer of rubber which has resulted in a rise in export of rubber products. Rubber footwear is the most popular of Nigerian exports.
The low cost of production and labor make it easy to export rubber footwear. A new approach to exporting goods is through the use of container shipping, which would reduce the cost even more. These are some simple steps on how to export rubber footwear from Nigeria at the lowest cost, making you competitive in the global markets.
To export rubber footwear from Nigeria, you will need to:
• Find a reliable freight agent to help you with shipping.
• Register your company with Nigeria’s customs office.
• Investigate if your country has a trade agreement with Nigeria.
• Find a reputable manufacturer to produce your rubber footwear.
• Find a freight agent that can ship your products from Nigeria.
• Find a freight agent that can ship your products from Nigeria to your desired country.
• Determine a fair price for your products.
• Determine how much money you will need for start-up costs and shipping costs.
• Make sure to factor in any taxes and fees
How to Export Rubber Footwear from Nigeria
Rubber products are very popular in the Nigerian market. There are many reasons for this, but the main reason is that it is cheaper to produce rubber goods than other products. The low cost of production and labor make it easy to export rubber footwear. A new approach to exporting goods is through the use of container shipping, which would reduce the cost even more.
1. Find a reliable shipping company
2. Find a reliable international freight forwarder
3. Obtain the necessary export licenses
4. Pack your products
5. Prepare for shipping
6. Get ready with your documents
7. Ship your products
Markets for exporting rubber footwear
Nigeria offers a lot of advantages to companies looking to export rubber footwear. For one, labor costs are lower than other countries. Nigeria also has an abundance of natural rubber as well as a thriving manufacturing industry.
Nigeria is the world’s third largest producer of natural rubber and as a result, rubber footwear is one of the most popular exports from Nigeria. In 2013, Nigeria exported more than 1.57 million pairs of shoes.
The low cost of production and labor make it easy to export rubber footwear. A new approach to exporting goods is through the use of container shipping, which would reduce the cost even more. These are some simple steps on how to export rubber footwear from Nigeria at the lowest cost, making you competitive in the global markets.
The challenges faced in exports of rubber footwear
The major challenge in exporting rubber footwear from Nigeria is the inconsistency of electricity. This has been a problem for a while and because of this, the demand for other forms of energy has been on the rise. The lack of continuity in electricity creates a problem for the footwear industry.
The government is working to resolve this issue, but until then it can be a challenge to keep up with production. There are a few other reasons why rubber footwear exports have not been as successful as other industries. The other reasons are the lack of infrastructure and the high cost of shipping.
Shipping costs can be huge for manufacturers and this results in them not wanting to export their products.
The price of shipping is reduced when using container shipping services due to the bundling and volume discounts given. This makes it possible to ship at a lower cost and make rubber footwear more competitive in the global markets.
Conclusion
As you can see from this article, exporting rubber footwear is a relatively simple process. By following the steps laid out, you can export rubber footwear from Nigeria at the lowest cost. You will be able to stay competitive in the global markets by following these steps.
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