diff --git a/.chloggen/deprecateretry.yaml b/.chloggen/deprecateretry.yaml
new file mode 100755
index 00000000000..92399ed9910
--- /dev/null
+++ b/.chloggen/deprecateretry.yaml
@@ -0,0 +1,20 @@
+# Use this changelog template to create an entry for release notes.
+
+# One of 'breaking', 'deprecation', 'new_component', 'enhancement', 'bug_fix'
+change_type: 'breaking'
+
+# The name of the component, or a single word describing the area of concern, (e.g. otlpreceiver)
+component: otlpexporter
+
+# A brief description of the change.  Surround your text with quotes ("") if it needs to start with a backtick (`).
+note: Change Config members names to use Config suffix.
+
+# One or more tracking issues or pull requests related to the change
+issues: [9091]
+
+# Optional: The change log or logs in which this entry should be included.
+# e.g. '[user]' or '[user, api]'
+# Include 'user' if the change is relevant to end users.
+# Include 'api' if there is a change to a library API.
+# Default: '[user]'
+change_logs: [api]
\ No newline at end of file
diff --git a/.chloggen/deprecateretry_dep.yaml b/.chloggen/deprecateretry_dep.yaml
new file mode 100755
index 00000000000..84e30e22c38
--- /dev/null
+++ b/.chloggen/deprecateretry_dep.yaml
@@ -0,0 +1,13 @@
+# Use this changelog template to create an entry for release notes.
+
+# One of 'breaking', 'deprecation', 'new_component', 'enhancement', 'bug_fix'
+change_type: 'deprecation'
+
+# The name of the component, or a single word describing the area of concern, (e.g. otlpreceiver)
+component: "exporterhelper"
+
+# A brief description of the change.  Surround your text with quotes ("") if it needs to start with a backtick (`).
+note: "Deprecate exporterhelper.RetrySettings in favor of configretry.BackOffConfig"
+
+# One or more tracking issues or pull requests related to the change
+issues: [9091]
diff --git a/Makefile b/Makefile
index 014988194d7..dc7884c89bb 100644
--- a/Makefile
+++ b/Makefile
@@ -249,6 +249,7 @@ check-contrib:
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/confighttp=$(CURDIR)/config/confighttp"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/confignet=$(CURDIR)/config/confignet"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/configopaque=$(CURDIR)/config/configopaque"
+	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/configretry=$(CURDIR)/config/configretry"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/configtelemetry=$(CURDIR)/config/configtelemetry"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/configtls=$(CURDIR)/config/configtls"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -replace go.opentelemetry.io/collector/config/internal=$(CURDIR)/config/internal"
@@ -292,6 +293,7 @@ restore-contrib:
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/confighttp"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/confignet"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/configopaque"
+	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/configretry"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/configtelemetry"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/configtls"
 	@$(MAKE) -C $(CONTRIB_PATH) for-all CMD="$(GOCMD) mod edit -dropreplace go.opentelemetry.io/collector/config/internal"
diff --git a/cmd/builder/test/core.builder.yaml b/cmd/builder/test/core.builder.yaml
index 4f792b2ee82..34017f6fe41 100644
--- a/cmd/builder/test/core.builder.yaml
+++ b/cmd/builder/test/core.builder.yaml
@@ -26,6 +26,7 @@ replaces:
   - go.opentelemetry.io/collector/config/confighttp => ${WORKSPACE_DIR}/config/confighttp
   - go.opentelemetry.io/collector/config/confignet => ${WORKSPACE_DIR}/config/confignet
   - go.opentelemetry.io/collector/config/configopaque => ${WORKSPACE_DIR}/config/configopaque
+  - go.opentelemetry.io/collector/config/configretry => ${WORKSPACE_DIR}/config/configretry
   - go.opentelemetry.io/collector/config/configtelemetry => ${WORKSPACE_DIR}/config/configtelemetry
   - go.opentelemetry.io/collector/config/configtls => ${WORKSPACE_DIR}/config/configtls
   - go.opentelemetry.io/collector/config/internal => ${WORKSPACE_DIR}/config/internal
diff --git a/cmd/otelcorecol/builder-config.yaml b/cmd/otelcorecol/builder-config.yaml
index 60414f8d0d7..4da64de2440 100644
--- a/cmd/otelcorecol/builder-config.yaml
+++ b/cmd/otelcorecol/builder-config.yaml
@@ -31,6 +31,7 @@ replaces:
   - go.opentelemetry.io/collector/config/confighttp => ../../config/confighttp
   - go.opentelemetry.io/collector/config/confignet => ../../config/confignet
   - go.opentelemetry.io/collector/config/configopaque => ../../config/configopaque
+  - go.opentelemetry.io/collector/config/configretry => ../../config/configretry
   - go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
   - go.opentelemetry.io/collector/config/configtls => ../../config/configtls
   - go.opentelemetry.io/collector/config/internal => ../../config/internal
diff --git a/cmd/otelcorecol/go.mod b/cmd/otelcorecol/go.mod
index 3b2d80884fc..688e38221e7 100644
--- a/cmd/otelcorecol/go.mod
+++ b/cmd/otelcorecol/go.mod
@@ -84,6 +84,7 @@ require (
 	go.opentelemetry.io/collector/config/confighttp v0.91.0 // indirect
 	go.opentelemetry.io/collector/config/confignet v0.91.0 // indirect
 	go.opentelemetry.io/collector/config/configopaque v0.91.0 // indirect
+	go.opentelemetry.io/collector/config/configretry v0.91.0 // indirect
 	go.opentelemetry.io/collector/config/configtelemetry v0.91.0 // indirect
 	go.opentelemetry.io/collector/config/configtls v0.91.0 // indirect
 	go.opentelemetry.io/collector/config/internal v0.91.0 // indirect
@@ -145,6 +146,8 @@ replace go.opentelemetry.io/collector/config/confignet => ../../config/confignet
 
 replace go.opentelemetry.io/collector/config/configopaque => ../../config/configopaque
 
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
+
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
 
 replace go.opentelemetry.io/collector/config/configtls => ../../config/configtls
diff --git a/config/configgrpc/go.mod b/config/configgrpc/go.mod
index fd7dc3d068a..275c345dee2 100644
--- a/config/configgrpc/go.mod
+++ b/config/configgrpc/go.mod
@@ -86,6 +86,8 @@ replace go.opentelemetry.io/collector/config/configopaque => ../configopaque
 
 replace go.opentelemetry.io/collector/config/configtls => ../configtls
 
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
+
 replace go.opentelemetry.io/collector/config/configtelemetry => ../configtelemetry
 
 replace go.opentelemetry.io/collector/config/internal => ../internal
@@ -109,3 +111,5 @@ replace go.opentelemetry.io/collector/pdata => ../../pdata
 replace go.opentelemetry.io/collector/component => ../../component
 
 replace go.opentelemetry.io/collector/consumer => ../../consumer
+
+replace go.opentelemetry.io/collector/connector => ../../connector
diff --git a/config/confighttp/go.mod b/config/confighttp/go.mod
index 7ab2ba6f887..5a0690bc617 100644
--- a/config/confighttp/go.mod
+++ b/config/confighttp/go.mod
@@ -86,3 +86,5 @@ replace go.opentelemetry.io/collector/pdata => ../../pdata
 replace go.opentelemetry.io/collector/component => ../../component
 
 replace go.opentelemetry.io/collector/consumer => ../../consumer
+
+replace go.opentelemetry.io/collector/config/configretry => ../configretry
diff --git a/config/configretry/Makefile b/config/configretry/Makefile
new file mode 100644
index 00000000000..ded7a36092d
--- /dev/null
+++ b/config/configretry/Makefile
@@ -0,0 +1 @@
+include ../../Makefile.Common
diff --git a/config/configretry/backoff.go b/config/configretry/backoff.go
new file mode 100644
index 00000000000..c3ffc68fe8d
--- /dev/null
+++ b/config/configretry/backoff.go
@@ -0,0 +1,65 @@
+// Copyright The OpenTelemetry Authors
+// SPDX-License-Identifier: Apache-2.0
+
+package configretry // import "go.opentelemetry.io/collector/config/configretry"
+
+import (
+	"errors"
+	"time"
+
+	"github.com/cenkalti/backoff/v4"
+)
+
+// NewDefaultBackOffConfig returns the default settings for RetryConfig.
+func NewDefaultBackOffConfig() BackOffConfig {
+	return BackOffConfig{
+		Enabled:             true,
+		InitialInterval:     5 * time.Second,
+		RandomizationFactor: backoff.DefaultRandomizationFactor,
+		Multiplier:          backoff.DefaultMultiplier,
+		MaxInterval:         30 * time.Second,
+		MaxElapsedTime:      5 * time.Minute,
+	}
+}
+
+// BackOffConfig defines configuration for retrying batches in case of export failure.
+// The current supported strategy is exponential backoff.
+type BackOffConfig struct {
+	// Enabled indicates whether to not retry sending batches in case of export failure.
+	Enabled bool `mapstructure:"enabled"`
+	// InitialInterval the time to wait after the first failure before retrying.
+	InitialInterval time.Duration `mapstructure:"initial_interval"`
+	// RandomizationFactor is a random factor used to calculate next backoffs
+	// Randomized interval = RetryInterval * (1 ± RandomizationFactor)
+	RandomizationFactor float64 `mapstructure:"randomization_factor"`
+	// Multiplier is the value multiplied by the backoff interval bounds
+	Multiplier float64 `mapstructure:"multiplier"`
+	// MaxInterval is the upper bound on backoff interval. Once this value is reached the delay between
+	// consecutive retries will always be `MaxInterval`.
+	MaxInterval time.Duration `mapstructure:"max_interval"`
+	// MaxElapsedTime is the maximum amount of time (including retries) spent trying to send a request/batch.
+	// Once this value is reached, the data is discarded. If set to 0, the retries are never stopped.
+	MaxElapsedTime time.Duration `mapstructure:"max_elapsed_time"`
+}
+
+func (bs *BackOffConfig) Validate() error {
+	if !bs.Enabled {
+		return nil
+	}
+	if bs.InitialInterval < 0 {
+		return errors.New("'initial_interval' must be non-negative")
+	}
+	if bs.RandomizationFactor < 0 || bs.RandomizationFactor > 1 {
+		return errors.New("'randomization_factor' must be within [0, 1]")
+	}
+	if bs.Multiplier <= 0 {
+		return errors.New("'multiplier' must be positive")
+	}
+	if bs.MaxInterval < 0 {
+		return errors.New("'max_interval' must be non-negative")
+	}
+	if bs.MaxElapsedTime < 0 {
+		return errors.New("'max_elapsed' time must be non-negative")
+	}
+	return nil
+}
diff --git a/config/configretry/backoff_test.go b/config/configretry/backoff_test.go
new file mode 100644
index 00000000000..8c9bf7f41c3
--- /dev/null
+++ b/config/configretry/backoff_test.go
@@ -0,0 +1,74 @@
+// Copyright The OpenTelemetry Authors
+// SPDX-License-Identifier: Apache-2.0
+
+package configretry
+
+import (
+	"testing"
+	"time"
+
+	"github.com/stretchr/testify/assert"
+)
+
+func TestNewDefaultBackOffSettings(t *testing.T) {
+	cfg := NewDefaultBackOffConfig()
+	assert.NoError(t, cfg.Validate())
+	assert.Equal(t,
+		BackOffConfig{
+			Enabled:             true,
+			InitialInterval:     5 * time.Second,
+			RandomizationFactor: 0.5,
+			Multiplier:          1.5,
+			MaxInterval:         30 * time.Second,
+			MaxElapsedTime:      5 * time.Minute,
+		}, cfg)
+}
+
+func TestInvalidInitialInterval(t *testing.T) {
+	cfg := NewDefaultBackOffConfig()
+	assert.NoError(t, cfg.Validate())
+	cfg.InitialInterval = -1
+	assert.Error(t, cfg.Validate())
+}
+
+func TestInvalidRandomizationFactor(t *testing.T) {
+	cfg := NewDefaultBackOffConfig()
+	assert.NoError(t, cfg.Validate())
+	cfg.RandomizationFactor = -1
+	assert.Error(t, cfg.Validate())
+	cfg.RandomizationFactor = 2
+	assert.Error(t, cfg.Validate())
+}
+
+func TestInvalidMultiplier(t *testing.T) {
+	cfg := NewDefaultBackOffConfig()
+	assert.NoError(t, cfg.Validate())
+	cfg.Multiplier = 0
+	assert.Error(t, cfg.Validate())
+}
+
+func TestInvalidMaxInterval(t *testing.T) {
+	cfg := NewDefaultBackOffConfig()
+	assert.NoError(t, cfg.Validate())
+	cfg.MaxInterval = -1
+	assert.Error(t, cfg.Validate())
+}
+
+func TestInvalidMaxElapsedTime(t *testing.T) {
+	cfg := NewDefaultBackOffConfig()
+	assert.NoError(t, cfg.Validate())
+	cfg.MaxElapsedTime = -1
+	assert.Error(t, cfg.Validate())
+}
+
+func TestDisabledWithInvalidValues(t *testing.T) {
+	cfg := BackOffConfig{
+		Enabled:             false,
+		InitialInterval:     -1,
+		RandomizationFactor: -1,
+		Multiplier:          0,
+		MaxInterval:         -1,
+		MaxElapsedTime:      -1,
+	}
+	assert.NoError(t, cfg.Validate())
+}
diff --git a/config/configretry/go.mod b/config/configretry/go.mod
new file mode 100644
index 00000000000..054a91e92f6
--- /dev/null
+++ b/config/configretry/go.mod
@@ -0,0 +1,17 @@
+module go.opentelemetry.io/collector/config/configretry
+
+go 1.20
+
+require (
+	github.com/cenkalti/backoff/v4 v4.2.1
+	github.com/stretchr/testify v1.8.4
+)
+
+require (
+	github.com/davecgh/go-spew v1.1.1 // indirect
+	github.com/kr/pretty v0.3.1 // indirect
+	github.com/pmezard/go-difflib v1.0.0 // indirect
+	github.com/rogpeppe/go-internal v1.10.0 // indirect
+	gopkg.in/check.v1 v1.0.0-20201130134442-10cb98267c6c // indirect
+	gopkg.in/yaml.v3 v3.0.1 // indirect
+)
diff --git a/config/configretry/go.sum b/config/configretry/go.sum
new file mode 100644
index 00000000000..f782e6a3ba9
--- /dev/null
+++ b/config/configretry/go.sum
@@ -0,0 +1,25 @@
+github.com/cenkalti/backoff/v4 v4.2.1 h1:y4OZtCnogmCPw98Zjyt5a6+QwPLGkiQsYW5oUqylYbM=
+github.com/cenkalti/backoff/v4 v4.2.1/go.mod h1:Y3VNntkOUPxTVeUxJ/G5vcM//AlwfmyYozVcomhLiZE=
+github.com/creack/pty v1.1.9/go.mod h1:oKZEueFk5CKHvIhNR5MUki03XCEU+Q6VDXinZuGJ33E=
+github.com/davecgh/go-spew v1.1.1 h1:vj9j/u1bqnvCEfJOwUhtlOARqs3+rkHYY13jYWTU97c=
+github.com/davecgh/go-spew v1.1.1/go.mod h1:J7Y8YcW2NihsgmVo/mv3lAwl/skON4iLHjSsI+c5H38=
+github.com/kr/pretty v0.2.1/go.mod h1:ipq/a2n7PKx3OHsz4KJII5eveXtPO4qwEXGdVfWzfnI=
+github.com/kr/pretty v0.3.1 h1:flRD4NNwYAUpkphVc1HcthR4KEIFJ65n8Mw5qdRn3LE=
+github.com/kr/pretty v0.3.1/go.mod h1:hoEshYVHaxMs3cyo3Yncou5ZscifuDolrwPKZanG3xk=
+github.com/kr/pty v1.1.1/go.mod h1:pFQYn66WHrOpPYNljwOMqo10TkYh1fy3cYio2l3bCsQ=
+github.com/kr/text v0.1.0/go.mod h1:4Jbv+DJW3UT/LiOwJeYQe1efqtUx/iVham/4vfdArNI=
+github.com/kr/text v0.2.0 h1:5Nx0Ya0ZqY2ygV366QzturHI13Jq95ApcVaJBhpS+AY=
+github.com/kr/text v0.2.0/go.mod h1:eLer722TekiGuMkidMxC/pM04lWEeraHUUmBw8l2grE=
+github.com/pkg/diff v0.0.0-20210226163009-20ebb0f2a09e/go.mod h1:pJLUxLENpZxwdsKMEsNbx1VGcRFpLqf3715MtcvvzbA=
+github.com/pmezard/go-difflib v1.0.0 h1:4DBwDE0NGyQoBHbLQYPwSUPoCMWR5BEzIk/f1lZbAQM=
+github.com/pmezard/go-difflib v1.0.0/go.mod h1:iKH77koFhYxTK1pcRnkKkqfTogsbg7gZNVY4sRDYZ/4=
+github.com/rogpeppe/go-internal v1.9.0/go.mod h1:WtVeX8xhTBvf0smdhujwtBcq4Qrzq/fJaraNFVN+nFs=
+github.com/rogpeppe/go-internal v1.10.0 h1:TMyTOH3F/DB16zRVcYyreMH6GnZZrwQVAoYjRBZyWFQ=
+github.com/rogpeppe/go-internal v1.10.0/go.mod h1:UQnix2H7Ngw/k4C5ijL5+65zddjncjaFoBhdsK/akog=
+github.com/stretchr/testify v1.8.4 h1:CcVxjf3Q8PM0mHUKJCdn+eZZtm5yQwehR5yeSVQQcUk=
+github.com/stretchr/testify v1.8.4/go.mod h1:sz/lmYIOXD/1dqDmKjjqLyZ2RngseejIcXlSw2iwfAo=
+gopkg.in/check.v1 v0.0.0-20161208181325-20d25e280405/go.mod h1:Co6ibVJAznAaIkqp8huTwlJQCZ016jof/cbN4VW5Yz0=
+gopkg.in/check.v1 v1.0.0-20201130134442-10cb98267c6c h1:Hei/4ADfdWqJk1ZMxUNpqntNwaWcugrBjAiHlqqRiVk=
+gopkg.in/check.v1 v1.0.0-20201130134442-10cb98267c6c/go.mod h1:JHkPIbrfpd72SG/EVd6muEfDQjcINNoR0C8j2r3qZ4Q=
+gopkg.in/yaml.v3 v3.0.1 h1:fxVm/GzAzEWqLHuvctI91KS9hhNmmWOoWu0XTYJS7CA=
+gopkg.in/yaml.v3 v3.0.1/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
diff --git a/connector/forwardconnector/go.mod b/connector/forwardconnector/go.mod
index 154cd39c3bc..e9f41e492a5 100644
--- a/connector/forwardconnector/go.mod
+++ b/connector/forwardconnector/go.mod
@@ -71,3 +71,5 @@ retract (
 )
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/connector/go.mod b/connector/go.mod
index 66d28697fac..1758e26bad1 100644
--- a/connector/go.mod
+++ b/connector/go.mod
@@ -63,3 +63,5 @@ replace go.opentelemetry.io/collector/processor => ../processor
 replace go.opentelemetry.io/collector/receiver => ../receiver
 
 replace go.opentelemetry.io/collector/exporter => ../exporter
+
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
diff --git a/consumer/go.mod b/consumer/go.mod
index e7b0219260b..4a8e16bf89d 100644
--- a/consumer/go.mod
+++ b/consumer/go.mod
@@ -51,3 +51,5 @@ retract (
 )
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
diff --git a/exporter/debugexporter/go.mod b/exporter/debugexporter/go.mod
index 747eb68b28c..0462ca61d7d 100644
--- a/exporter/debugexporter/go.mod
+++ b/exporter/debugexporter/go.mod
@@ -28,6 +28,7 @@ require (
 	github.com/pmezard/go-difflib v1.0.0 // indirect
 	go.opencensus.io v0.24.0 // indirect
 	go.opentelemetry.io/collector v0.91.0 // indirect
+	go.opentelemetry.io/collector/config/configretry v0.91.0 // indirect
 	go.opentelemetry.io/collector/consumer v0.91.0 // indirect
 	go.opentelemetry.io/collector/extension v0.91.0 // indirect
 	go.opentelemetry.io/collector/featuregate v1.0.0 // indirect
@@ -68,3 +69,5 @@ replace go.opentelemetry.io/collector/extension => ../../extension
 replace go.opentelemetry.io/collector/processor => ../../processor
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/exporter/exporterhelper/common.go b/exporter/exporterhelper/common.go
index bc840d754c6..2c5a4e96692 100644
--- a/exporter/exporterhelper/common.go
+++ b/exporter/exporterhelper/common.go
@@ -10,6 +10,7 @@ import (
 	"go.uber.org/zap"
 
 	"go.opentelemetry.io/collector/component"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/exporter"
 )
@@ -80,9 +81,9 @@ func WithTimeout(timeoutSettings TimeoutSettings) Option {
 	}
 }
 
-// WithRetry overrides the default RetrySettings for an exporter.
-// The default RetrySettings is to disable retries.
-func WithRetry(config RetrySettings) Option {
+// WithRetry overrides the default configretry.BackOffConfig for an exporter.
+// The default configretry.BackOffConfig is to disable retries.
+func WithRetry(config configretry.BackOffConfig) Option {
 	return func(o *baseExporter) {
 		if !config.Enabled {
 			o.retrySender = &errorLoggingRequestSender{
diff --git a/exporter/exporterhelper/common_test.go b/exporter/exporterhelper/common_test.go
index 0e74e095147..13568ffb49f 100644
--- a/exporter/exporterhelper/common_test.go
+++ b/exporter/exporterhelper/common_test.go
@@ -17,6 +17,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/component/componenttest"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/exporter"
 	"go.opentelemetry.io/collector/exporter/exportertest"
 )
@@ -73,12 +74,12 @@ func checkStatus(t *testing.T, sd sdktrace.ReadOnlySpan, err error) {
 
 func TestQueueRetryOptionsWithRequestExporter(t *testing.T) {
 	bs, err := newBaseExporter(exportertest.NewNopCreateSettings(), "", true, nil, nil, newNoopObsrepSender,
-		WithRetry(NewDefaultRetrySettings()))
+		WithRetry(configretry.NewDefaultBackOffConfig()))
 	require.Nil(t, err)
 	require.True(t, bs.requestExporter)
 	require.Panics(t, func() {
 		_, _ = newBaseExporter(exportertest.NewNopCreateSettings(), "", true, nil, nil, newNoopObsrepSender,
-			WithRetry(NewDefaultRetrySettings()), WithQueue(NewDefaultQueueSettings()))
+			WithRetry(configretry.NewDefaultBackOffConfig()), WithQueue(NewDefaultQueueSettings()))
 	})
 }
 
@@ -86,7 +87,7 @@ func TestBaseExporterLogging(t *testing.T) {
 	set := exportertest.NewNopCreateSettings()
 	logger, observed := observer.New(zap.DebugLevel)
 	set.Logger = zap.New(logger)
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.Enabled = false
 	bs, err := newBaseExporter(set, "", true, nil, nil, newNoopObsrepSender, WithRetry(rCfg))
 	require.Nil(t, err)
diff --git a/exporter/exporterhelper/logs_test.go b/exporter/exporterhelper/logs_test.go
index feaa9948323..23878613bbf 100644
--- a/exporter/exporterhelper/logs_test.go
+++ b/exporter/exporterhelper/logs_test.go
@@ -20,6 +20,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/component/componenttest"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/consumer/consumererror"
 	"go.opentelemetry.io/collector/consumer/consumertest"
@@ -159,7 +160,7 @@ func TestLogsExporter_WithPersistentQueue(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	storageID := component.NewIDWithName("file_storage", "storage")
 	qCfg.StorageID = &storageID
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	ts := consumertest.LogsSink{}
 	set := exportertest.NewNopCreateSettings()
 	set.ID = component.NewIDWithName("test_logs", "with_persistent_queue")
@@ -237,7 +238,7 @@ func TestLogsExporter_WithRecordEnqueueFailedMetrics(t *testing.T) {
 	require.NoError(t, err)
 	t.Cleanup(func() { require.NoError(t, tt.Shutdown(context.Background())) })
 
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
 	qCfg.QueueSize = 2
diff --git a/exporter/exporterhelper/metrics_test.go b/exporter/exporterhelper/metrics_test.go
index 57a01a30243..eef5edf6b62 100644
--- a/exporter/exporterhelper/metrics_test.go
+++ b/exporter/exporterhelper/metrics_test.go
@@ -20,6 +20,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/component/componenttest"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/consumer/consumererror"
 	"go.opentelemetry.io/collector/consumer/consumertest"
@@ -160,7 +161,7 @@ func TestMetricsExporter_WithPersistentQueue(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	storageID := component.NewIDWithName("file_storage", "storage")
 	qCfg.StorageID = &storageID
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	ms := consumertest.MetricsSink{}
 	set := exportertest.NewNopCreateSettings()
 	set.ID = component.NewIDWithName("test_metrics", "with_persistent_queue")
@@ -239,7 +240,7 @@ func TestMetricsExporter_WithRecordEnqueueFailedMetrics(t *testing.T) {
 	require.NoError(t, err)
 	t.Cleanup(func() { require.NoError(t, tt.Shutdown(context.Background())) })
 
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
 	qCfg.QueueSize = 2
diff --git a/exporter/exporterhelper/queue_sender_test.go b/exporter/exporterhelper/queue_sender_test.go
index cdac341ec1f..fe0633a605d 100644
--- a/exporter/exporterhelper/queue_sender_test.go
+++ b/exporter/exporterhelper/queue_sender_test.go
@@ -14,6 +14,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/component/componenttest"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/exporter"
 	"go.opentelemetry.io/collector/exporter/exporterhelper/internal"
 	"go.opentelemetry.io/collector/exporter/exportertest"
@@ -25,7 +26,7 @@ import (
 func TestQueuedRetry_StopWhileWaiting(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
 	ocs := be.obsrepSender.(*observabilityConsumerSender)
@@ -57,7 +58,7 @@ func TestQueuedRetry_StopWhileWaiting(t *testing.T) {
 func TestQueuedRetry_DoNotPreserveCancellation(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
 	ocs := be.obsrepSender.(*observabilityConsumerSender)
@@ -100,7 +101,7 @@ func TestQueuedRetryHappyPath(t *testing.T) {
 	t.Cleanup(func() { require.NoError(t, tt.Shutdown(context.Background())) })
 
 	qCfg := NewDefaultQueueSettings()
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	set := exporter.CreateSettings{ID: defaultID, TelemetrySettings: tt.TelemetrySettings, BuildInfo: component.NewDefaultBuildInfo()}
 	be, err := newBaseExporter(set, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -149,7 +150,7 @@ func TestQueuedRetry_QueueMetricsReported(t *testing.T) {
 
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 0 // to make every request go straight to the queue
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	set := exporter.CreateSettings{ID: defaultID, TelemetrySettings: tt.TelemetrySettings, BuildInfo: component.NewDefaultBuildInfo()}
 	be, err := newBaseExporter(set, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -171,7 +172,7 @@ func TestQueuedRetry_QueueMetricsReportedUsingOTel(t *testing.T) {
 
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 0 // to make every request go straight to the queue
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	set := exporter.CreateSettings{ID: defaultID, TelemetrySettings: tt.TelemetrySettings, BuildInfo: component.NewDefaultBuildInfo()}
 	be, err := newBaseExporter(set, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -247,7 +248,7 @@ func TestQueuedRetryPersistenceEnabled(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	storageID := component.NewIDWithName("file_storage", "storage")
 	qCfg.StorageID = &storageID // enable persistence
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	set := exporter.CreateSettings{ID: defaultID, TelemetrySettings: tt.TelemetrySettings, BuildInfo: component.NewDefaultBuildInfo()}
 	be, err := newBaseExporter(set, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -271,7 +272,7 @@ func TestQueuedRetryPersistenceEnabledStorageError(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	storageID := component.NewIDWithName("file_storage", "storage")
 	qCfg.StorageID = &storageID // enable persistence
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	set := exporter.CreateSettings{ID: defaultID, TelemetrySettings: tt.TelemetrySettings, BuildInfo: component.NewDefaultBuildInfo()}
 	be, err := newBaseExporter(set, "", false, mockRequestMarshaler, mockRequestUnmarshaler(&mockRequest{}), newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -291,7 +292,7 @@ func TestQueuedRetryPersistentEnabled_NoDataLossOnShutdown(t *testing.T) {
 	storageID := component.NewIDWithName("file_storage", "storage")
 	qCfg.StorageID = &storageID // enable persistence to ensure data is re-queued on shutdown
 
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.InitialInterval = time.Millisecond
 	rCfg.MaxElapsedTime = 0 // retry infinitely so shutdown can be triggered
 
diff --git a/exporter/exporterhelper/retry_sender.go b/exporter/exporterhelper/retry_sender.go
index 6ce76ccb8de..6215a314d8d 100644
--- a/exporter/exporterhelper/retry_sender.go
+++ b/exporter/exporterhelper/retry_sender.go
@@ -14,65 +14,18 @@ import (
 	"go.opentelemetry.io/otel/trace"
 	"go.uber.org/zap"
 
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer/consumererror"
 	"go.opentelemetry.io/collector/exporter"
 	"go.opentelemetry.io/collector/exporter/exporterhelper/internal"
 	"go.opentelemetry.io/collector/internal/obsreportconfig/obsmetrics"
 )
 
-// RetrySettings defines configuration for retrying batches in case of export failure.
-// The current supported strategy is exponential backoff.
-type RetrySettings struct {
-	// Enabled indicates whether to not retry sending batches in case of export failure.
-	Enabled bool `mapstructure:"enabled"`
-	// InitialInterval the time to wait after the first failure before retrying.
-	InitialInterval time.Duration `mapstructure:"initial_interval"`
-	// RandomizationFactor is a random factor used to calculate next backoffs
-	// Randomized interval = RetryInterval * (1 ± RandomizationFactor)
-	RandomizationFactor float64 `mapstructure:"randomization_factor"`
-	// Multiplier is the value multiplied by the backoff interval bounds
-	Multiplier float64 `mapstructure:"multiplier"`
-	// MaxInterval is the upper bound on backoff interval. Once this value is reached the delay between
-	// consecutive retries will always be `MaxInterval`.
-	MaxInterval time.Duration `mapstructure:"max_interval"`
-	// MaxElapsedTime is the maximum amount of time (including retries) spent trying to send a request/batch.
-	// Once this value is reached, the data is discarded. If set to 0, the retries are never stopped.
-	MaxElapsedTime time.Duration `mapstructure:"max_elapsed_time"`
-}
-
-func (cfg *RetrySettings) Validate() error {
-	if !cfg.Enabled {
-		return nil
-	}
-	if cfg.InitialInterval < 0 {
-		return errors.New("'initial_interval' must be non-negative")
-	}
-	if cfg.RandomizationFactor < 0 || cfg.RandomizationFactor > 1 {
-		return errors.New("'randomization_factor' must be within [0, 1]")
-	}
-	if cfg.Multiplier <= 0 {
-		return errors.New("'multiplier' must be positive")
-	}
-	if cfg.MaxInterval < 0 {
-		return errors.New("'max_interval' must be non-negative")
-	}
-	if cfg.MaxElapsedTime < 0 {
-		return errors.New("'max_elapsed' time must be non-negative")
-	}
-	return nil
-}
+// Deprecated: [0.92.0] use configretry.BackOffConfig
+type RetrySettings = configretry.BackOffConfig
 
-// NewDefaultRetrySettings returns the default settings for RetrySettings.
-func NewDefaultRetrySettings() RetrySettings {
-	return RetrySettings{
-		Enabled:             true,
-		InitialInterval:     5 * time.Second,
-		RandomizationFactor: backoff.DefaultRandomizationFactor,
-		Multiplier:          backoff.DefaultMultiplier,
-		MaxInterval:         30 * time.Second,
-		MaxElapsedTime:      5 * time.Minute,
-	}
-}
+// Deprecated: [0.92.0] use configretry.NewDefaultBackOffConfig
+var NewDefaultRetrySettings = configretry.NewDefaultBackOffConfig
 
 // TODO: Clean this by forcing all exporters to return an internal error type that always include the information about retries.
 type throttleRetry struct {
@@ -99,12 +52,12 @@ func NewThrottleRetry(err error, delay time.Duration) error {
 type retrySender struct {
 	baseRequestSender
 	traceAttribute attribute.KeyValue
-	cfg            RetrySettings
+	cfg            configretry.BackOffConfig
 	stopCh         chan struct{}
 	logger         *zap.Logger
 }
 
-func newRetrySender(config RetrySettings, set exporter.CreateSettings) *retrySender {
+func newRetrySender(config configretry.BackOffConfig, set exporter.CreateSettings) *retrySender {
 	return &retrySender{
 		traceAttribute: attribute.String(obsmetrics.ExporterKey, set.ID.String()),
 		cfg:            config,
diff --git a/exporter/exporterhelper/retry_sender_test.go b/exporter/exporterhelper/retry_sender_test.go
index 9169858c091..99efd945794 100644
--- a/exporter/exporterhelper/retry_sender_test.go
+++ b/exporter/exporterhelper/retry_sender_test.go
@@ -20,6 +20,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/component/componenttest"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer/consumererror"
 	"go.opentelemetry.io/collector/exporter/exportertest"
 	"go.opentelemetry.io/collector/internal/testdata"
@@ -37,7 +38,7 @@ func mockRequestMarshaler(_ Request) ([]byte, error) {
 
 func TestQueuedRetry_DropOnPermanentError(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	mockR := newMockRequest(2, consumererror.NewPermanent(errors.New("bad data")))
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -60,7 +61,7 @@ func TestQueuedRetry_DropOnPermanentError(t *testing.T) {
 
 func TestQueuedRetry_DropOnNoRetry(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.Enabled = false
 	be, err := newBaseExporter(defaultSettings, "", false, mockRequestMarshaler,
 		mockRequestUnmarshaler(newMockRequest(2, errors.New("transient error"))),
@@ -87,7 +88,7 @@ func TestQueuedRetry_DropOnNoRetry(t *testing.T) {
 func TestQueuedRetry_OnError(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.InitialInterval = 0
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -114,7 +115,7 @@ func TestQueuedRetry_OnError(t *testing.T) {
 func TestQueuedRetry_MaxElapsedTime(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.InitialInterval = time.Millisecond
 	rCfg.MaxElapsedTime = 100 * time.Millisecond
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
@@ -161,7 +162,7 @@ func (e wrappedError) Unwrap() error {
 func TestQueuedRetry_ThrottleError(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.InitialInterval = 10 * time.Millisecond
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -193,7 +194,7 @@ func TestQueuedRetry_RetryOnError(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
 	qCfg.QueueSize = 1
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.InitialInterval = 0
 	be, err := newBaseExporter(defaultSettings, "", false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg), WithQueue(qCfg))
 	require.NoError(t, err)
@@ -218,7 +219,7 @@ func TestQueuedRetry_RetryOnError(t *testing.T) {
 }
 
 func TestQueueRetryWithNoQueue(t *testing.T) {
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.MaxElapsedTime = time.Nanosecond // fail fast
 	be, err := newBaseExporter(exportertest.NewNopCreateSettings(), component.DataTypeLogs, false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg))
 	require.NoError(t, err)
@@ -236,7 +237,7 @@ func TestQueueRetryWithNoQueue(t *testing.T) {
 }
 
 func TestQueueRetryWithDisabledRetires(t *testing.T) {
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	rCfg.Enabled = false
 	be, err := newBaseExporter(exportertest.NewNopCreateSettings(), component.DataTypeLogs, false, nil, nil, newObservabilityConsumerSender, WithRetry(rCfg))
 	require.IsType(t, &errorLoggingRequestSender{}, be.retrySender)
@@ -404,66 +405,3 @@ func tagsMatchLabelKeys(tags []tag.Tag, keys []metricdata.LabelKey, labels []met
 	}
 	return true
 }
-
-func TestNewDefaultRetrySettings(t *testing.T) {
-	cfg := NewDefaultRetrySettings()
-	assert.NoError(t, cfg.Validate())
-	assert.Equal(t,
-		RetrySettings{
-			Enabled:             true,
-			InitialInterval:     5 * time.Second,
-			RandomizationFactor: 0.5,
-			Multiplier:          1.5,
-			MaxInterval:         30 * time.Second,
-			MaxElapsedTime:      5 * time.Minute,
-		}, cfg)
-}
-
-func TestInvalidInitialInterval(t *testing.T) {
-	cfg := NewDefaultRetrySettings()
-	assert.NoError(t, cfg.Validate())
-	cfg.InitialInterval = -1
-	assert.Error(t, cfg.Validate())
-}
-
-func TestInvalidRandomizationFactor(t *testing.T) {
-	cfg := NewDefaultRetrySettings()
-	assert.NoError(t, cfg.Validate())
-	cfg.RandomizationFactor = -1
-	assert.Error(t, cfg.Validate())
-	cfg.RandomizationFactor = 2
-	assert.Error(t, cfg.Validate())
-}
-
-func TestInvalidMultiplier(t *testing.T) {
-	cfg := NewDefaultRetrySettings()
-	assert.NoError(t, cfg.Validate())
-	cfg.Multiplier = 0
-	assert.Error(t, cfg.Validate())
-}
-
-func TestInvalidMaxInterval(t *testing.T) {
-	cfg := NewDefaultRetrySettings()
-	assert.NoError(t, cfg.Validate())
-	cfg.MaxInterval = -1
-	assert.Error(t, cfg.Validate())
-}
-
-func TestInvalidMaxElapsedTime(t *testing.T) {
-	cfg := NewDefaultRetrySettings()
-	assert.NoError(t, cfg.Validate())
-	cfg.MaxElapsedTime = -1
-	assert.Error(t, cfg.Validate())
-}
-
-func TestDisabledWithInvalidValues(t *testing.T) {
-	cfg := RetrySettings{
-		Enabled:             false,
-		InitialInterval:     -1,
-		RandomizationFactor: -1,
-		Multiplier:          0,
-		MaxInterval:         -1,
-		MaxElapsedTime:      -1,
-	}
-	assert.NoError(t, cfg.Validate())
-}
diff --git a/exporter/exporterhelper/traces_test.go b/exporter/exporterhelper/traces_test.go
index 1209f8da2ba..368fe9d1b01 100644
--- a/exporter/exporterhelper/traces_test.go
+++ b/exporter/exporterhelper/traces_test.go
@@ -20,6 +20,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/component/componenttest"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/consumer/consumererror"
 	"go.opentelemetry.io/collector/consumer/consumertest"
@@ -157,7 +158,7 @@ func TestTracesExporter_WithPersistentQueue(t *testing.T) {
 	qCfg := NewDefaultQueueSettings()
 	storageID := component.NewIDWithName("file_storage", "storage")
 	qCfg.StorageID = &storageID
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	ts := consumertest.TracesSink{}
 	set := exportertest.NewNopCreateSettings()
 	set.ID = component.NewIDWithName("test_traces", "with_persistent_queue")
@@ -236,7 +237,7 @@ func TestTracesExporter_WithRecordEnqueueFailedMetrics(t *testing.T) {
 	require.NoError(t, err)
 	t.Cleanup(func() { require.NoError(t, tt.Shutdown(context.Background())) })
 
-	rCfg := NewDefaultRetrySettings()
+	rCfg := configretry.NewDefaultBackOffConfig()
 	qCfg := NewDefaultQueueSettings()
 	qCfg.NumConsumers = 1
 	qCfg.QueueSize = 2
diff --git a/exporter/exportertest/contract_checker_test.go b/exporter/exportertest/contract_checker_test.go
index 2ea2ac9be35..c99baa28792 100644
--- a/exporter/exportertest/contract_checker_test.go
+++ b/exporter/exportertest/contract_checker_test.go
@@ -9,6 +9,7 @@ import (
 	"time"
 
 	"go.opentelemetry.io/collector/component"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/exporter"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
@@ -16,8 +17,8 @@ import (
 )
 
 // retryConfig is a configuration to quickly retry failed exports.
-var retryConfig = func() exporterhelper.RetrySettings {
-	c := exporterhelper.NewDefaultRetrySettings()
+var retryConfig = func() configretry.BackOffConfig {
+	c := configretry.NewDefaultBackOffConfig()
 	c.InitialInterval = time.Millisecond
 	return c
 }()
diff --git a/exporter/go.mod b/exporter/go.mod
index e797de14825..8a9d3e0613a 100644
--- a/exporter/go.mod
+++ b/exporter/go.mod
@@ -8,6 +8,7 @@ require (
 	go.opencensus.io v0.24.0
 	go.opentelemetry.io/collector v0.91.0
 	go.opentelemetry.io/collector/component v0.91.0
+	go.opentelemetry.io/collector/config/configretry v0.91.0
 	go.opentelemetry.io/collector/config/configtelemetry v0.91.0
 	go.opentelemetry.io/collector/consumer v0.91.0
 	go.opentelemetry.io/collector/extension v0.91.0
@@ -84,4 +85,8 @@ replace go.opentelemetry.io/collector/receiver => ../receiver
 
 retract v0.76.0 // Depends on retracted pdata v1.0.0-rc10 module
 
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
+
 replace go.opentelemetry.io/collector/config/configtelemetry => ../config/configtelemetry
+
+replace go.opentelemetry.io/collector/connector => ../connector
diff --git a/exporter/loggingexporter/go.mod b/exporter/loggingexporter/go.mod
index 082e5ae2360..e154f49c943 100644
--- a/exporter/loggingexporter/go.mod
+++ b/exporter/loggingexporter/go.mod
@@ -30,6 +30,7 @@ require (
 	github.com/pmezard/go-difflib v1.0.0 // indirect
 	go.opencensus.io v0.24.0 // indirect
 	go.opentelemetry.io/collector v0.91.0 // indirect
+	go.opentelemetry.io/collector/config/configretry v0.91.0 // indirect
 	go.opentelemetry.io/collector/consumer v0.91.0 // indirect
 	go.opentelemetry.io/collector/extension v0.91.0 // indirect
 	go.opentelemetry.io/collector/featuregate v1.0.0 // indirect
@@ -74,3 +75,5 @@ retract (
 )
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/exporter/otlpexporter/config.go b/exporter/otlpexporter/config.go
index d276f6e7c87..3b00c313b6b 100644
--- a/exporter/otlpexporter/config.go
+++ b/exporter/otlpexporter/config.go
@@ -4,29 +4,19 @@
 package otlpexporter // import "go.opentelemetry.io/collector/exporter/otlpexporter"
 
 import (
-	"fmt"
-
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/config/configgrpc"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
 )
 
 // Config defines configuration for OTLP exporter.
 type Config struct {
 	exporterhelper.TimeoutSettings `mapstructure:",squash"` // squash ensures fields are correctly decoded in embedded struct.
-	exporterhelper.QueueSettings   `mapstructure:"sending_queue"`
-	exporterhelper.RetrySettings   `mapstructure:"retry_on_failure"`
+	QueueConfig                    exporterhelper.QueueSettings `mapstructure:"sending_queue"`
+	RetryConfig                    configretry.BackOffConfig    `mapstructure:"retry_on_failure"`
 
 	configgrpc.GRPCClientSettings `mapstructure:",squash"` // squash ensures fields are correctly decoded in embedded struct.
 }
 
 var _ component.Config = (*Config)(nil)
-
-// Validate checks if the exporter configuration is valid
-func (cfg *Config) Validate() error {
-	if err := cfg.QueueSettings.Validate(); err != nil {
-		return fmt.Errorf("queue settings has invalid configuration: %w", err)
-	}
-
-	return nil
-}
diff --git a/exporter/otlpexporter/config_test.go b/exporter/otlpexporter/config_test.go
index ebc1789a41e..78870e34b22 100644
--- a/exporter/otlpexporter/config_test.go
+++ b/exporter/otlpexporter/config_test.go
@@ -15,6 +15,7 @@ import (
 	"go.opentelemetry.io/collector/config/configauth"
 	"go.opentelemetry.io/collector/config/configgrpc"
 	"go.opentelemetry.io/collector/config/configopaque"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/config/configtls"
 	"go.opentelemetry.io/collector/confmap"
 	"go.opentelemetry.io/collector/confmap/confmaptest"
@@ -39,7 +40,7 @@ func TestUnmarshalConfig(t *testing.T) {
 			TimeoutSettings: exporterhelper.TimeoutSettings{
 				Timeout: 10 * time.Second,
 			},
-			RetrySettings: exporterhelper.RetrySettings{
+			RetryConfig: configretry.BackOffConfig{
 				Enabled:             true,
 				InitialInterval:     10 * time.Second,
 				RandomizationFactor: 0.7,
@@ -47,7 +48,7 @@ func TestUnmarshalConfig(t *testing.T) {
 				MaxInterval:         1 * time.Minute,
 				MaxElapsedTime:      10 * time.Minute,
 			},
-			QueueSettings: exporterhelper.QueueSettings{
+			QueueConfig: exporterhelper.QueueSettings{
 				Enabled:      true,
 				NumConsumers: 2,
 				QueueSize:    10,
diff --git a/exporter/otlpexporter/consume_contract_test.go b/exporter/otlpexporter/consume_contract_test.go
index 919ce63616e..8ebd2617f9d 100644
--- a/exporter/otlpexporter/consume_contract_test.go
+++ b/exporter/otlpexporter/consume_contract_test.go
@@ -9,6 +9,7 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/config/configgrpc"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/config/configtls"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
 	"go.opentelemetry.io/collector/exporter/exportertest"
@@ -17,11 +18,11 @@ import (
 )
 
 func testExporterConfig(endpoint string) component.Config {
-	retryConfig := exporterhelper.NewDefaultRetrySettings()
+	retryConfig := configretry.NewDefaultBackOffConfig()
 	retryConfig.InitialInterval = time.Millisecond // interval is short for the test purposes
 	return &Config{
-		QueueSettings: exporterhelper.QueueSettings{Enabled: false},
-		RetrySettings: retryConfig,
+		QueueConfig: exporterhelper.QueueSettings{Enabled: false},
+		RetryConfig: retryConfig,
 		GRPCClientSettings: configgrpc.GRPCClientSettings{
 			Endpoint: endpoint,
 			TLSSetting: configtls.TLSClientSetting{
diff --git a/exporter/otlpexporter/factory.go b/exporter/otlpexporter/factory.go
index 3980216331a..6145b4151f2 100644
--- a/exporter/otlpexporter/factory.go
+++ b/exporter/otlpexporter/factory.go
@@ -10,6 +10,7 @@ import (
 	"go.opentelemetry.io/collector/config/configcompression"
 	"go.opentelemetry.io/collector/config/configgrpc"
 	"go.opentelemetry.io/collector/config/configopaque"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/exporter"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
@@ -34,8 +35,8 @@ func NewFactory() exporter.Factory {
 func createDefaultConfig() component.Config {
 	return &Config{
 		TimeoutSettings: exporterhelper.NewDefaultTimeoutSettings(),
-		RetrySettings:   exporterhelper.NewDefaultRetrySettings(),
-		QueueSettings:   exporterhelper.NewDefaultQueueSettings(),
+		RetryConfig:     configretry.NewDefaultBackOffConfig(),
+		QueueConfig:     exporterhelper.NewDefaultQueueSettings(),
 		GRPCClientSettings: configgrpc.GRPCClientSettings{
 			Headers: map[string]configopaque.String{},
 			// Default to gzip compression
@@ -60,8 +61,8 @@ func createTracesExporter(
 		oce.pushTraces,
 		exporterhelper.WithCapabilities(consumer.Capabilities{MutatesData: false}),
 		exporterhelper.WithTimeout(oCfg.TimeoutSettings),
-		exporterhelper.WithRetry(oCfg.RetrySettings),
-		exporterhelper.WithQueue(oCfg.QueueSettings),
+		exporterhelper.WithRetry(oCfg.RetryConfig),
+		exporterhelper.WithQueue(oCfg.QueueConfig),
 		exporterhelper.WithStart(oce.start),
 		exporterhelper.WithShutdown(oce.shutdown))
 }
@@ -80,8 +81,8 @@ func createMetricsExporter(
 		oce.pushMetrics,
 		exporterhelper.WithCapabilities(consumer.Capabilities{MutatesData: false}),
 		exporterhelper.WithTimeout(oCfg.TimeoutSettings),
-		exporterhelper.WithRetry(oCfg.RetrySettings),
-		exporterhelper.WithQueue(oCfg.QueueSettings),
+		exporterhelper.WithRetry(oCfg.RetryConfig),
+		exporterhelper.WithQueue(oCfg.QueueConfig),
 		exporterhelper.WithStart(oce.start),
 		exporterhelper.WithShutdown(oce.shutdown),
 	)
@@ -101,8 +102,8 @@ func createLogsExporter(
 		oce.pushLogs,
 		exporterhelper.WithCapabilities(consumer.Capabilities{MutatesData: false}),
 		exporterhelper.WithTimeout(oCfg.TimeoutSettings),
-		exporterhelper.WithRetry(oCfg.RetrySettings),
-		exporterhelper.WithQueue(oCfg.QueueSettings),
+		exporterhelper.WithRetry(oCfg.RetryConfig),
+		exporterhelper.WithQueue(oCfg.QueueConfig),
 		exporterhelper.WithStart(oce.start),
 		exporterhelper.WithShutdown(oce.shutdown),
 	)
diff --git a/exporter/otlpexporter/factory_test.go b/exporter/otlpexporter/factory_test.go
index 4ebb0e283ba..c9fabc13b93 100644
--- a/exporter/otlpexporter/factory_test.go
+++ b/exporter/otlpexporter/factory_test.go
@@ -16,6 +16,7 @@ import (
 	"go.opentelemetry.io/collector/config/configcompression"
 	"go.opentelemetry.io/collector/config/configgrpc"
 	"go.opentelemetry.io/collector/config/configopaque"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/config/configtls"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
 	"go.opentelemetry.io/collector/exporter/exportertest"
@@ -29,8 +30,8 @@ func TestCreateDefaultConfig(t *testing.T) {
 	assert.NoError(t, componenttest.CheckConfigStruct(cfg))
 	ocfg, ok := factory.CreateDefaultConfig().(*Config)
 	assert.True(t, ok)
-	assert.Equal(t, ocfg.RetrySettings, exporterhelper.NewDefaultRetrySettings())
-	assert.Equal(t, ocfg.QueueSettings, exporterhelper.NewDefaultQueueSettings())
+	assert.Equal(t, ocfg.RetryConfig, configretry.NewDefaultBackOffConfig())
+	assert.Equal(t, ocfg.QueueConfig, exporterhelper.NewDefaultQueueSettings())
 	assert.Equal(t, ocfg.TimeoutSettings, exporterhelper.NewDefaultTimeoutSettings())
 	assert.Equal(t, ocfg.Compression, configcompression.Gzip)
 }
diff --git a/exporter/otlpexporter/go.mod b/exporter/otlpexporter/go.mod
index 481d05f5821..c42d1755131 100644
--- a/exporter/otlpexporter/go.mod
+++ b/exporter/otlpexporter/go.mod
@@ -10,6 +10,7 @@ require (
 	go.opentelemetry.io/collector/config/configcompression v0.91.0
 	go.opentelemetry.io/collector/config/configgrpc v0.91.0
 	go.opentelemetry.io/collector/config/configopaque v0.91.0
+	go.opentelemetry.io/collector/config/configretry v0.91.0
 	go.opentelemetry.io/collector/config/configtls v0.91.0
 	go.opentelemetry.io/collector/confmap v0.91.0
 	go.opentelemetry.io/collector/consumer v0.91.0
@@ -119,3 +120,5 @@ replace go.opentelemetry.io/collector/config/confighttp => ../../config/confight
 replace go.opentelemetry.io/collector/receiver/otlpreceiver => ../../receiver/otlpreceiver
 
 replace go.opentelemetry.io/collector/semconv => ../../semconv
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/exporter/otlpexporter/otlp_test.go b/exporter/otlpexporter/otlp_test.go
index 3d7d7eef6ff..419bb3a6467 100644
--- a/exporter/otlpexporter/otlp_test.go
+++ b/exporter/otlpexporter/otlp_test.go
@@ -234,7 +234,7 @@ func TestSendTraces(t *testing.T) {
 	cfg := factory.CreateDefaultConfig().(*Config)
 	// Disable queuing to ensure that we execute the request when calling ConsumeTraces
 	// otherwise we will not see any errors.
-	cfg.QueueSettings.Enabled = false
+	cfg.QueueConfig.Enabled = false
 	cfg.GRPCClientSettings = configgrpc.GRPCClientSettings{
 		Endpoint: ln.Addr().String(),
 		TLSSetting: configtls.TLSClientSetting{
@@ -399,7 +399,7 @@ func TestSendMetrics(t *testing.T) {
 	cfg := factory.CreateDefaultConfig().(*Config)
 	// Disable queuing to ensure that we execute the request when calling ConsumeMetrics
 	// otherwise we will not see any errors.
-	cfg.QueueSettings.Enabled = false
+	cfg.QueueConfig.Enabled = false
 	cfg.GRPCClientSettings = configgrpc.GRPCClientSettings{
 		Endpoint: ln.Addr().String(),
 		TLSSetting: configtls.TLSClientSetting{
@@ -497,7 +497,7 @@ func TestSendTraceDataServerDownAndUp(t *testing.T) {
 	cfg := factory.CreateDefaultConfig().(*Config)
 	// Disable queuing to ensure that we execute the request when calling ConsumeTraces
 	// otherwise we will not see the error.
-	cfg.QueueSettings.Enabled = false
+	cfg.QueueConfig.Enabled = false
 	cfg.GRPCClientSettings = configgrpc.GRPCClientSettings{
 		Endpoint: ln.Addr().String(),
 		TLSSetting: configtls.TLSClientSetting{
@@ -608,7 +608,7 @@ func TestSendTracesOnResourceExhaustion(t *testing.T) {
 
 	factory := NewFactory()
 	cfg := factory.CreateDefaultConfig().(*Config)
-	cfg.RetrySettings.InitialInterval = 0
+	cfg.RetryConfig.InitialInterval = 0
 	cfg.GRPCClientSettings = configgrpc.GRPCClientSettings{
 		Endpoint: ln.Addr().String(),
 		TLSSetting: configtls.TLSClientSetting{
@@ -689,7 +689,7 @@ func TestSendLogData(t *testing.T) {
 	cfg := factory.CreateDefaultConfig().(*Config)
 	// Disable queuing to ensure that we execute the request when calling ConsumeLogs
 	// otherwise we will not see any errors.
-	cfg.QueueSettings.Enabled = false
+	cfg.QueueConfig.Enabled = false
 	cfg.GRPCClientSettings = configgrpc.GRPCClientSettings{
 		Endpoint: ln.Addr().String(),
 		TLSSetting: configtls.TLSClientSetting{
diff --git a/exporter/otlphttpexporter/config.go b/exporter/otlphttpexporter/config.go
index 692f7e0124b..3fb9d2bdec4 100644
--- a/exporter/otlphttpexporter/config.go
+++ b/exporter/otlphttpexporter/config.go
@@ -8,14 +8,15 @@ import (
 
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/config/confighttp"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
 )
 
 // Config defines configuration for OTLP/HTTP exporter.
 type Config struct {
-	confighttp.HTTPClientSettings `mapstructure:",squash"` // squash ensures fields are correctly decoded in embedded struct.
-	exporterhelper.QueueSettings  `mapstructure:"sending_queue"`
-	exporterhelper.RetrySettings  `mapstructure:"retry_on_failure"`
+	confighttp.HTTPClientSettings `mapstructure:",squash"`     // squash ensures fields are correctly decoded in embedded struct.
+	QueueConfig                   exporterhelper.QueueSettings `mapstructure:"sending_queue"`
+	RetryConfig                   configretry.BackOffConfig    `mapstructure:"retry_on_failure"`
 
 	// The URL to send traces to. If omitted the Endpoint + "/v1/traces" will be used.
 	TracesEndpoint string `mapstructure:"traces_endpoint"`
diff --git a/exporter/otlphttpexporter/config_test.go b/exporter/otlphttpexporter/config_test.go
index 35b2d15a160..0089e13b719 100644
--- a/exporter/otlphttpexporter/config_test.go
+++ b/exporter/otlphttpexporter/config_test.go
@@ -14,6 +14,7 @@ import (
 	"go.opentelemetry.io/collector/component"
 	"go.opentelemetry.io/collector/config/confighttp"
 	"go.opentelemetry.io/collector/config/configopaque"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/config/configtls"
 	"go.opentelemetry.io/collector/confmap"
 	"go.opentelemetry.io/collector/confmap/confmaptest"
@@ -37,7 +38,7 @@ func TestUnmarshalConfig(t *testing.T) {
 	assert.NoError(t, component.UnmarshalConfig(cm, cfg))
 	assert.Equal(t,
 		&Config{
-			RetrySettings: exporterhelper.RetrySettings{
+			RetryConfig: configretry.BackOffConfig{
 				Enabled:             true,
 				InitialInterval:     10 * time.Second,
 				RandomizationFactor: 0.7,
@@ -45,7 +46,7 @@ func TestUnmarshalConfig(t *testing.T) {
 				MaxInterval:         1 * time.Minute,
 				MaxElapsedTime:      10 * time.Minute,
 			},
-			QueueSettings: exporterhelper.QueueSettings{
+			QueueConfig: exporterhelper.QueueSettings{
 				Enabled:      true,
 				NumConsumers: 2,
 				QueueSize:    10,
diff --git a/exporter/otlphttpexporter/factory.go b/exporter/otlphttpexporter/factory.go
index 4bdbcdf40fd..94a85edbf1c 100644
--- a/exporter/otlphttpexporter/factory.go
+++ b/exporter/otlphttpexporter/factory.go
@@ -14,6 +14,7 @@ import (
 	"go.opentelemetry.io/collector/config/configcompression"
 	"go.opentelemetry.io/collector/config/confighttp"
 	"go.opentelemetry.io/collector/config/configopaque"
+	"go.opentelemetry.io/collector/config/configretry"
 	"go.opentelemetry.io/collector/consumer"
 	"go.opentelemetry.io/collector/exporter"
 	"go.opentelemetry.io/collector/exporter/exporterhelper"
@@ -37,8 +38,8 @@ func NewFactory() exporter.Factory {
 
 func createDefaultConfig() component.Config {
 	return &Config{
-		RetrySettings: exporterhelper.NewDefaultRetrySettings(),
-		QueueSettings: exporterhelper.NewDefaultQueueSettings(),
+		RetryConfig: configretry.NewDefaultBackOffConfig(),
+		QueueConfig: exporterhelper.NewDefaultQueueSettings(),
 		HTTPClientSettings: confighttp.HTTPClientSettings{
 			Endpoint: "",
 			Timeout:  30 * time.Second,
@@ -91,8 +92,8 @@ func createTracesExporter(
 		exporterhelper.WithCapabilities(consumer.Capabilities{MutatesData: false}),
 		// explicitly disable since we rely on http.Client timeout logic.
 		exporterhelper.WithTimeout(exporterhelper.TimeoutSettings{Timeout: 0}),
-		exporterhelper.WithRetry(oCfg.RetrySettings),
-		exporterhelper.WithQueue(oCfg.QueueSettings))
+		exporterhelper.WithRetry(oCfg.RetryConfig),
+		exporterhelper.WithQueue(oCfg.QueueConfig))
 }
 
 func createMetricsExporter(
@@ -117,8 +118,8 @@ func createMetricsExporter(
 		exporterhelper.WithCapabilities(consumer.Capabilities{MutatesData: false}),
 		// explicitly disable since we rely on http.Client timeout logic.
 		exporterhelper.WithTimeout(exporterhelper.TimeoutSettings{Timeout: 0}),
-		exporterhelper.WithRetry(oCfg.RetrySettings),
-		exporterhelper.WithQueue(oCfg.QueueSettings))
+		exporterhelper.WithRetry(oCfg.RetryConfig),
+		exporterhelper.WithQueue(oCfg.QueueConfig))
 }
 
 func createLogsExporter(
@@ -143,6 +144,6 @@ func createLogsExporter(
 		exporterhelper.WithCapabilities(consumer.Capabilities{MutatesData: false}),
 		// explicitly disable since we rely on http.Client timeout logic.
 		exporterhelper.WithTimeout(exporterhelper.TimeoutSettings{Timeout: 0}),
-		exporterhelper.WithRetry(oCfg.RetrySettings),
-		exporterhelper.WithQueue(oCfg.QueueSettings))
+		exporterhelper.WithRetry(oCfg.RetryConfig),
+		exporterhelper.WithQueue(oCfg.QueueConfig))
 }
diff --git a/exporter/otlphttpexporter/factory_test.go b/exporter/otlphttpexporter/factory_test.go
index ba6d4d1c835..69749831c5e 100644
--- a/exporter/otlphttpexporter/factory_test.go
+++ b/exporter/otlphttpexporter/factory_test.go
@@ -30,11 +30,11 @@ func TestCreateDefaultConfig(t *testing.T) {
 	assert.True(t, ok)
 	assert.Equal(t, ocfg.HTTPClientSettings.Endpoint, "")
 	assert.Equal(t, ocfg.HTTPClientSettings.Timeout, 30*time.Second, "default timeout is 30 second")
-	assert.Equal(t, ocfg.RetrySettings.Enabled, true, "default retry is enabled")
-	assert.Equal(t, ocfg.RetrySettings.MaxElapsedTime, 300*time.Second, "default retry MaxElapsedTime")
-	assert.Equal(t, ocfg.RetrySettings.InitialInterval, 5*time.Second, "default retry InitialInterval")
-	assert.Equal(t, ocfg.RetrySettings.MaxInterval, 30*time.Second, "default retry MaxInterval")
-	assert.Equal(t, ocfg.QueueSettings.Enabled, true, "default sending queue is enabled")
+	assert.Equal(t, ocfg.RetryConfig.Enabled, true, "default retry is enabled")
+	assert.Equal(t, ocfg.RetryConfig.MaxElapsedTime, 300*time.Second, "default retry MaxElapsedTime")
+	assert.Equal(t, ocfg.RetryConfig.InitialInterval, 5*time.Second, "default retry InitialInterval")
+	assert.Equal(t, ocfg.RetryConfig.MaxInterval, 30*time.Second, "default retry MaxInterval")
+	assert.Equal(t, ocfg.QueueConfig.Enabled, true, "default sending queue is enabled")
 	assert.Equal(t, ocfg.Compression, configcompression.Gzip)
 }
 
diff --git a/exporter/otlphttpexporter/go.mod b/exporter/otlphttpexporter/go.mod
index d46c5f0d101..07c58997adc 100644
--- a/exporter/otlphttpexporter/go.mod
+++ b/exporter/otlphttpexporter/go.mod
@@ -9,6 +9,7 @@ require (
 	go.opentelemetry.io/collector/config/configcompression v0.91.0
 	go.opentelemetry.io/collector/config/confighttp v0.91.0
 	go.opentelemetry.io/collector/config/configopaque v0.91.0
+	go.opentelemetry.io/collector/config/configretry v0.91.0
 	go.opentelemetry.io/collector/config/configtls v0.91.0
 	go.opentelemetry.io/collector/confmap v0.91.0
 	go.opentelemetry.io/collector/consumer v0.91.0
@@ -119,3 +120,5 @@ retract (
 	v0.76.0 // Depends on retracted pdata v1.0.0-rc10 module, use v0.76.1
 	v0.69.0 // Release failed, use v0.69.1
 )
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/exporter/otlphttpexporter/otlp_test.go b/exporter/otlphttpexporter/otlp_test.go
index daa54d4b7ea..ce51e8c3159 100644
--- a/exporter/otlphttpexporter/otlp_test.go
+++ b/exporter/otlphttpexporter/otlp_test.go
@@ -329,8 +329,8 @@ func startLogsExporter(t *testing.T, baseURL string, overrideURL string) exporte
 func createExporterConfig(baseURL string, defaultCfg component.Config) *Config {
 	cfg := defaultCfg.(*Config)
 	cfg.Endpoint = baseURL
-	cfg.QueueSettings.Enabled = false
-	cfg.RetrySettings.Enabled = false
+	cfg.QueueConfig.Enabled = false
+	cfg.RetryConfig.Enabled = false
 	return cfg
 }
 
@@ -514,7 +514,7 @@ func TestErrorResponses(t *testing.T) {
 
 			cfg := &Config{
 				TracesEndpoint: fmt.Sprintf("%s/v1/traces", srv.URL),
-				// Create without QueueSettings and RetrySettings so that ConsumeTraces
+				// Create without QueueSettings and RetryConfig so that ConsumeTraces
 				// returns the errors that we want to check immediately.
 			}
 			exp, err := createTracesExporter(context.Background(), exportertest.NewNopCreateSettings(), cfg)
diff --git a/extension/ballastextension/go.mod b/extension/ballastextension/go.mod
index 82f9051b641..1b6e22fc199 100644
--- a/extension/ballastextension/go.mod
+++ b/extension/ballastextension/go.mod
@@ -72,3 +72,5 @@ retract (
 replace go.opentelemetry.io/collector/processor => ../../processor
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/extension/zpagesextension/go.mod b/extension/zpagesextension/go.mod
index f474e48e88a..42aef78540c 100644
--- a/extension/zpagesextension/go.mod
+++ b/extension/zpagesextension/go.mod
@@ -74,3 +74,5 @@ retract (
 )
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/go.mod b/go.mod
index d832601f9b0..2672a305dae 100644
--- a/go.mod
+++ b/go.mod
@@ -58,6 +58,7 @@ require (
 	github.com/tklauser/go-sysconf v0.3.12 // indirect
 	github.com/tklauser/numcpus v0.6.1 // indirect
 	github.com/yusufpapurcu/wmi v1.2.3 // indirect
+	go.opentelemetry.io/collector/config/configretry v0.91.0 // indirect
 	go.opentelemetry.io/collector/confmap v0.91.0 // indirect
 	go.opentelemetry.io/collector/extension v0.91.0 // indirect
 	go.opentelemetry.io/otel/metric v1.21.0 // indirect
@@ -94,6 +95,8 @@ replace go.opentelemetry.io/collector/processor => ./processor
 
 replace go.opentelemetry.io/collector/receiver => ./receiver
 
+replace go.opentelemetry.io/collector/config/configretry => ./config/configretry
+
 retract (
 	v0.76.0 // Depends on retracted pdata v1.0.0-rc10 module, use v0.76.1
 	v0.69.0 // Release failed, use v0.69.1
diff --git a/otelcol/go.mod b/otelcol/go.mod
index 1f01ab1371e..ee3781a66de 100644
--- a/otelcol/go.mod
+++ b/otelcol/go.mod
@@ -126,3 +126,5 @@ replace go.opentelemetry.io/collector/receiver => ../receiver
 replace go.opentelemetry.io/collector/featuregate => ../featuregate
 
 replace go.opentelemetry.io/collector/config/confignet => ../config/confignet
+
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
diff --git a/processor/batchprocessor/go.mod b/processor/batchprocessor/go.mod
index d875971fc54..75f876c848a 100644
--- a/processor/batchprocessor/go.mod
+++ b/processor/batchprocessor/go.mod
@@ -88,3 +88,5 @@ retract (
 )
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/processor/go.mod b/processor/go.mod
index a434df475dc..360cc46a382 100644
--- a/processor/go.mod
+++ b/processor/go.mod
@@ -80,3 +80,5 @@ replace go.opentelemetry.io/collector/pdata => ../pdata
 replace go.opentelemetry.io/collector/receiver => ../receiver
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
diff --git a/processor/memorylimiterprocessor/go.mod b/processor/memorylimiterprocessor/go.mod
index 1657f21ce37..58fce0c61a4 100644
--- a/processor/memorylimiterprocessor/go.mod
+++ b/processor/memorylimiterprocessor/go.mod
@@ -77,3 +77,5 @@ retract (
 )
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/receiver/go.mod b/receiver/go.mod
index 78eda9378f7..1d053eb25cd 100644
--- a/receiver/go.mod
+++ b/receiver/go.mod
@@ -82,3 +82,5 @@ replace go.opentelemetry.io/collector/processor => ../processor
 retract v0.76.0 // Depends on retracted pdata v1.0.0-rc10 module
 
 replace go.opentelemetry.io/collector/config/configtelemetry => ../config/configtelemetry
+
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
diff --git a/receiver/otlpreceiver/go.mod b/receiver/otlpreceiver/go.mod
index 147a26a4306..c12bcd3f680 100644
--- a/receiver/otlpreceiver/go.mod
+++ b/receiver/otlpreceiver/go.mod
@@ -129,3 +129,5 @@ retract (
 	v0.76.0 // Depends on retracted pdata v1.0.0-rc10 module, use v0.76.1
 	v0.69.0 // Release failed, use v0.69.1
 )
+
+replace go.opentelemetry.io/collector/config/configretry => ../../config/configretry
diff --git a/service/go.mod b/service/go.mod
index dd2a12f87d8..ab1ec8d9d53 100644
--- a/service/go.mod
+++ b/service/go.mod
@@ -123,3 +123,5 @@ replace go.opentelemetry.io/collector/receiver => ../receiver
 replace go.opentelemetry.io/collector/featuregate => ../featuregate
 
 replace go.opentelemetry.io/collector/config/confignet => ../config/confignet
+
+replace go.opentelemetry.io/collector/config/configretry => ../config/configretry
diff --git a/versions.yaml b/versions.yaml
index 73dcb57025c..ddf51b5fbe7 100644
--- a/versions.yaml
+++ b/versions.yaml
@@ -20,6 +20,7 @@ module-sets:
       - go.opentelemetry.io/collector/config/confighttp
       - go.opentelemetry.io/collector/config/confignet
       - go.opentelemetry.io/collector/config/configopaque
+      - go.opentelemetry.io/collector/config/configretry
       - go.opentelemetry.io/collector/config/configtelemetry
       - go.opentelemetry.io/collector/config/configtls
       - go.opentelemetry.io/collector/config/internal