Agro & Livestock Farming Industry Overview
Agriculture remains a key pillar of the national economy, contributing an average of 11.66% to GDP and employing 45.4% of the workforce. With an annual output exceeding 70 million metric tons, the sector plays a central role in both domestic food security and export competitiveness.
Recognized as a priority sector for export diversification, agriculture and food processing have demonstrated strong momentum. The industry has recorded a 13% compound annual growth rate, with processed food exports growing at 16.6% per annum. Bangladesh currently exports over 700 products to 140+ countries, supported by duty-free or preferential access to 52 markets, including the EU, GCC, and ASEAN regions.
Backed by policy incentives and private sector growth, the sector has evolved into a vibrant agribusiness ecosystem, with 1,000+ food processors and 250 exporters. However, with over 75% of agricultural produce still unprocessed, the potential for value addition remains significantly underutilized.
Priority investment areas include agro-processing and food manufacturing; sustainable cold chain and storage infrastructure; seed technology; climate-smart agriculture and climate-resilient crops; modern packaging, logistics, and contract farming; as well as digital agri-tech platforms, IoT-led precision farming, and traceability technologies.