Bangladesh to become major soybean export market

Bangladesh is set to become a major export market for soybean products due to changing dietary habits and growing middle-class demand. The country’s limited domestic production necessitates significant imports. Experts at the Soy Connext summit highlighted Bangladesh’s potential, along with other emerging markets like India and Africa. Geopolitical tensions and shipping costs are affecting global trade. The US Soybean Export Council notes Bangladesh’s recent import trends and emphasizes the importance of free trade agreements for food security. Daily Star