Government Publication
Export Policy Order 2021-2024
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Executive Summary
The Export Policy Order 2021-2024 sets the strategic direction for Bangladesh's export sector for the three-year period. It identifies thrust sectors eligible for special incentives, defines prohibited and conditional exports, outlines the export registration process, and establishes quality/certification requirements. Key thrust sectors identified include: RMG and textile backward linkage, leather and leather goods (with environmental compliance), ICT and IT-enabled services, pharmaceuticals and active pharmaceutical ingredients (API), agro-processed food, light engineering including automotive components, jute and jute diversification, home textiles, and ocean-going ship building. The Order mandates that exporters of selected product categories (RMG, leather, pharmaceuticals, agro-processed food, jute) be registered with the relevant sectoral association (BGMEA, BKMEA, LFMEAB, etc.) and maintain ISO 9001 or equivalent certification. It prohibits export of certain raw materials (raw jute below a minimum grade, sand, human hair, etc.) to encourage value addition domestically.
Key Points
- Issued by Ministry of Commerce
- Valid for 3 years: 2021-2024 (superseded by 2024-2027 Order)
- 9 thrust sectors eligible for special incentives
- Mandatory sector-association registration for RMG, leather, pharma, agro, jute
- ISO 9001 or equivalent required for selected exports
- Export of raw jute below minimum grade prohibited
- Prohibited exports: sand, human hair, certain wildlife products
- Conditional exports: scrap metal (with NBR NOC), used machinery (with BIDA clearance)
- Bonded warehouse facility available to all thrust sector exporters
- Exempt from VAT on local procurement of raw materials
Full Details
The Export Policy Order details regulations, incentives, and procedures for exporting goods from Bangladesh. Includes cash incentives and duty drawbacks.