BB Unveils Export Incentive Package for 43 Sectors

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BB Unveils Export Incentive Package for 43 Sectors

B Mirror Report : In an effort to strengthen the country’s export earnings, Bangladesh Bank (BB) has introduced a broad range of export incentives and cash support covering 43 sectors.

The Foreign Exchange Policy Department-1 issued a circular today outlining the incentive rates applicable for the 2025–26 fiscal year.

According to the circular, the revised incentive structure will be effective for export shipments made between January 1, 2026, and June 30, 2026. The move is aimed at accelerating growth in Bangladesh’s export trade and enhancing global competitiveness.

The circular also stated that applications for cash incentives must be verified through audits conducted by external auditors in line with prescribed procedures.

Under the policy, a maximum incentive rate of 10 percent has been set for sectors such as diversified jute goods, leather products, processed agricultural items, potatoes, light engineering goods, and 100 percent halal meat.

Exports of software and IT-enabled services (ITES) will qualify for a 6 percent incentive, while individual freelancers in these fields will receive 2.50 percent.

Local textile manufacturers will be entitled to 1.50 percent alternative cash assistance instead of duty drawback or bonded warehouse benefits.

Exporters shipping goods to the Eurozone will enjoy an additional 0.50 percent incentive, while small and medium enterprises (SMEs) in the garment sector will receive a 3.00 percent benefit.

Several industries, including pharmaceuticals, motorcycles, photovoltaic modules, and ceramics, have been allocated a 6 percent incentive rate.

Accumulator batteries under HS codes 8507.10 and 8507.20 will receive a higher incentive of 10 percent. Bicycles and cement exports will be supported with a 3.00 percent incentive, while the tea sector will receive 2.00 percent.

The incentive scheme also extends to enterprises operating in special economic zones. Industries located within the Bangladesh Economic Zones Authority (BEZA), Bangladesh Export Processing Zones Authority (BEPZA), and High-Tech Parks will be eligible for incentives ranging from 0.50 percent to 2.00 percent, depending on product type and industrial classification.

 

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