Bangladesh exports more than 700 items including 63 basic agro processed
products most of which are cereal grains, frozen fish, processed meat, tea,
vegetables, tobacco, cut flower, fruits, spices, dry food and other
processed agricultural products including livestock, poultry & fish feed to
more than 140 countries. At present, there are 486 agro processing
manufacturers in the country among which 241 are exporters and 235 cater to
the domestic market. In FY 2018-19, the agro sector realized export earnings
worth $ 1.41 billion. The main exports items are frozen fish, shrimp and
other frozen food products, tea, spices, fruits including dry fruits and
some other processed agricultural products. The major export destinations
include the European Union (EU), the US, the Middle East and the Gulf.
The domestic market size of packaged food was about was 5.2 billion in 2018 and is forecasted to reach 7.3 billion in 2023. In the packaged food market, edible oils, dairy products and snacks dominate in terms of sales value. These products are expected to continue growing steadily by around 6% per annum till 2023. Products that are expected to expand rapidly include processed fruits and vegetables, seafood, and meat, which are expected to grow by 8%, 13%, and 13% per year respectively.