Dhaka, Sept. 17 -- In the modern day's global economy, export diversification has become crucial. Overreliance on one product or market creates severe risks, while shifting consumer demand and technological changes constantly generate new opportunities. Countries that rely on a single export often fail to adapt, but diversification encourages investment in emerging sectors and ensures economic resilience.

Traditional markets are often saturated and highly competitive. Diversifying exports allows countries to enter new regions with lower competition, creating new growth opportunities.

It generates employment, spreads technology, and strengthens overall economic structure. For developing economies like Bangladesh, diversification is espec...