diff --git a/changelogs/fragments/6928.yml b/changelogs/fragments/6928.yml
new file mode 100644
index 000000000000..66ba2e4d9e86
--- /dev/null
+++ b/changelogs/fragments/6928.yml
@@ -0,0 +1,2 @@
+feat:
+- [MD]Use placeholder for data source credentials fields when export saved object ([#6928](https://github.com/opensearch-project/OpenSearch-Dashboards/pull/6928))
\ No newline at end of file
diff --git a/src/core/server/saved_objects/export/get_sorted_objects_for_export.test.ts b/src/core/server/saved_objects/export/get_sorted_objects_for_export.test.ts
index da477604c029..bfca6f88c5c2 100644
--- a/src/core/server/saved_objects/export/get_sorted_objects_for_export.test.ts
+++ b/src/core/server/saved_objects/export/get_sorted_objects_for_export.test.ts
@@ -28,7 +28,10 @@
  * under the License.
  */
 
-import { exportSavedObjectsToStream } from './get_sorted_objects_for_export';
+import {
+  DATA_SOURCE_CREDENTIALS_PLACEHOLDER,
+  exportSavedObjectsToStream,
+} from './get_sorted_objects_for_export';
 import { savedObjectsClientMock } from '../service/saved_objects_client.mock';
 import { Readable } from 'stream';
 import { createPromiseFromStreams, createConcatStream } from '../../utils/streams';
@@ -706,6 +709,50 @@ describe('getSortedObjectsForExport()', () => {
     ]);
   });
 
+  test('modifies return results to update `credentials` of data-source to use placeholder', async () => {
+    const createDataSourceSavedObject = (id: string, auth: any) => ({
+      id,
+      type: 'data-source',
+      attributes: { auth },
+      references: [],
+    });
+
+    const dataSourceNoAuthInfo = { type: 'no_auth' };
+    const dataSourceBasicAuthInfo = {
+      type: 'username_password',
+      credentials: { username: 'foo', password: 'bar' },
+    };
+
+    const redactedDataSourceBasicAuthInfo = {
+      type: 'username_password',
+      credentials: {
+        username: DATA_SOURCE_CREDENTIALS_PLACEHOLDER,
+        password: DATA_SOURCE_CREDENTIALS_PLACEHOLDER,
+      },
+    };
+
+    savedObjectsClient.bulkGet.mockResolvedValueOnce({
+      saved_objects: [
+        createDataSourceSavedObject('1', dataSourceNoAuthInfo),
+        createDataSourceSavedObject('2', dataSourceBasicAuthInfo),
+      ],
+    });
+    const exportStream = await exportSavedObjectsToStream({
+      exportSizeLimit: 10000,
+      savedObjectsClient,
+      objects: [
+        { type: 'data-source', id: '1' },
+        { type: 'data-source', id: '2' },
+      ],
+    });
+    const response = await readStreamToCompletion(exportStream);
+    expect(response).toEqual([
+      createDataSourceSavedObject('1', dataSourceNoAuthInfo),
+      createDataSourceSavedObject('2', redactedDataSourceBasicAuthInfo),
+      expect.objectContaining({ exportedCount: 2 }),
+    ]);
+  });
+
   test('includes nested dependencies when passed in', async () => {
     savedObjectsClient.bulkGet.mockResolvedValueOnce({
       saved_objects: [
diff --git a/src/core/server/saved_objects/export/get_sorted_objects_for_export.ts b/src/core/server/saved_objects/export/get_sorted_objects_for_export.ts
index 17e9af3c3e1b..229de09de440 100644
--- a/src/core/server/saved_objects/export/get_sorted_objects_for_export.ts
+++ b/src/core/server/saved_objects/export/get_sorted_objects_for_export.ts
@@ -34,6 +34,8 @@ import { SavedObjectsClientContract, SavedObject, SavedObjectsBaseOptions } from
 import { fetchNestedDependencies } from './inject_nested_depdendencies';
 import { sortObjects } from './sort_objects';
 
+export const DATA_SOURCE_CREDENTIALS_PLACEHOLDER = 'pleaseUpdateCredentials';
+
 /**
  * Options controlling the export operation.
  * @public
@@ -185,10 +187,40 @@ export async function exportSavedObjectsToStream({
     ({ namespaces, ...object }) => object
   );
 
+  // update the credential fields from "data-source" saved object to use placeholder to avoid exporting sensitive information
+  const redactedObjectsWithoutCredentials = redactedObjects.map<SavedObject<unknown>>((object) => {
+    if (object.type === 'data-source') {
+      const { auth, ...rest } = object.attributes as {
+        auth: { type: string; credentials?: any };
+      };
+      const hasCredentials = auth && auth.credentials;
+      const updatedCredentials = hasCredentials
+        ? Object.keys(auth.credentials).reduce((acc, key) => {
+            acc[key] = DATA_SOURCE_CREDENTIALS_PLACEHOLDER;
+            return acc;
+          }, {} as { [key: string]: any })
+        : undefined;
+      return {
+        ...object,
+        attributes: {
+          ...rest,
+          auth: {
+            type: auth.type,
+            ...(hasCredentials && { credentials: updatedCredentials }),
+          },
+        },
+      };
+    }
+    return object;
+  });
+
   const exportDetails: SavedObjectsExportResultDetails = {
     exportedCount: exportedObjects.length,
     missingRefCount: missingReferences.length,
     missingReferences,
   };
-  return createListStream([...redactedObjects, ...(excludeExportDetails ? [] : [exportDetails])]);
+  return createListStream([
+    ...redactedObjectsWithoutCredentials,
+    ...(excludeExportDetails ? [] : [exportDetails]),
+  ]);
 }