Bangladesh is intensifying efforts to expand exports to Saudi Arabia beyond the ready-made garments (RMG) sector as the country seeks to diversify its export basket ahead of its graduation from least developed country (LDC) status in 2026.
Government officials and trade bodies are focusing on increasing shipments of non-RMG products including pharmaceuticals, leather goods, jute products, processed foods and agro-based items to the Saudi market.
Commerce Adviser Khandakar Abdul Muktadir has called on businesses to submit sector-specific proposals for entering the Saudi market, assuring policy support, incentives and trade facilitation measures to accelerate export diversification.
Industry analysts said Saudi Arabia’s growing consumer demand, import dependency and economic reforms under Vision 2030 are creating new opportunities for Bangladeshi exporters. Strong labour relations and the presence of a large Bangladeshi diaspora are also expected to support market expansion.
According to industry estimates, Bangladesh’s exports to Saudi Arabia could reach $1 billion by 2027 if targeted initiatives and policy support continue.
The move comes as Bangladesh prepares for post-LDC trade challenges, including the gradual loss of preferential trade benefits in major markets. Economists warned that excessive dependence on apparel exports could increase vulnerability to external shocks and changing global trade conditions.
Officials are also exploring opportunities in skilled manpower exports, ICT services and sustainability-focused sectors linked to Saudi Arabia’s infrastructure and development projects.
However, exporters continue to face challenges including regulatory barriers, certification requirements, logistics constraints and limited market intelligence. Trade experts said coordinated efforts between the government and private sector will be essential to strengthen Bangladesh’s non-RMG export presence in Saudi Arabia.
