diff --git a/CHANGELOG.md b/CHANGELOG.md
index 00caf6ec5df..08d00f8ecfc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,7 @@
 - `loggingexporter`: Decouple `loglevel` field from level of logged messages (#5678)
 - Expose `pcommon.NewSliceFromRaw` function (#5679)
 - `loggingexporter`: create the exporter's logger from the service's logger (#5677)
+- Add `otelcol_exporter_queue_capacity` metrics show the collector's exporter queue capacity (#5475)
 
 ### 🧰 Bug fixes 🧰
 
diff --git a/docs/monitoring.md b/docs/monitoring.md
index 90c0810c993..3b73d8f85b1 100644
--- a/docs/monitoring.md
+++ b/docs/monitoring.md
@@ -34,9 +34,11 @@ Most exporters offer a [queue/retry mechanism](../exporter/exporterhelper/README
 that is recommended as the retry mechanism for the Collector and as such should
 be used in any production deployment.
 
-**TODO:** Add metric to monitor queue length.
+The `otelcol_exporter_queue_capacity` indicates the capacity of the retry queue (in batches). The `otelcol_exporter_queue_size` indicates the current size of retry queue. So you can use these two metrics to check if the queue capacity is enough for your workload. 
 
-Currently, the queue/retry mechanism only supports logging for monitoring. Check
+The `otelcol_exporter_enqueue_failed_spans`, `otelcol_exporter_enqueue_failed_metric_points` and `otelcol_exporter_enqueue_failed_log_records` indicate the number of span/metric points/log records failed to be added to the sending queue. This may be cause by a queue full of unsettled elements, so you may need to decrease your sending rate or horizontally scale collectors.
+
+The queue/retry mechanism also supports logging for monitoring. Check
 the logs for messages like `"Dropping data because sending_queue is full"`.
 
 ### Receive Failures
diff --git a/exporter/exporterhelper/obsreport.go b/exporter/exporterhelper/obsreport.go
index 324857f6788..011c3fc99c2 100644
--- a/exporter/exporterhelper/obsreport.go
+++ b/exporter/exporterhelper/obsreport.go
@@ -40,6 +40,7 @@ func init() {
 type instruments struct {
 	registry                    *metric.Registry
 	queueSize                   *metric.Int64DerivedGauge
+	queueCapacity               *metric.Int64DerivedGauge
 	failedToEnqueueTraceSpans   *metric.Int64Cumulative
 	failedToEnqueueMetricPoints *metric.Int64Cumulative
 	failedToEnqueueLogRecords   *metric.Int64Cumulative
@@ -55,6 +56,12 @@ func newInstruments(registry *metric.Registry) *instruments {
 		metric.WithLabelKeys(obsmetrics.ExporterKey),
 		metric.WithUnit(metricdata.UnitDimensionless))
 
+	insts.queueCapacity, _ = registry.AddInt64DerivedGauge(
+		obsmetrics.ExporterKey+"/queue_capacity",
+		metric.WithDescription("Fixed capacity of the retry queue (in batches)"),
+		metric.WithLabelKeys(obsmetrics.ExporterKey),
+		metric.WithUnit(metricdata.UnitDimensionless))
+
 	insts.failedToEnqueueTraceSpans, _ = registry.AddInt64Cumulative(
 		obsmetrics.ExporterKey+"/enqueue_failed_spans",
 		metric.WithDescription("Number of spans failed to be added to the sending queue."),
diff --git a/exporter/exporterhelper/queued_retry_experimental.go b/exporter/exporterhelper/queued_retry_experimental.go
index 30aadebfeb3..a808e212c71 100644
--- a/exporter/exporterhelper/queued_retry_experimental.go
+++ b/exporter/exporterhelper/queued_retry_experimental.go
@@ -219,6 +219,12 @@ func (qrs *queuedRetrySender) start(ctx context.Context, host component.Host) er
 		if err != nil {
 			return fmt.Errorf("failed to create retry queue size metric: %w", err)
 		}
+		err = globalInstruments.queueCapacity.UpsertEntry(func() int64 {
+			return int64(qrs.cfg.QueueSize)
+		}, metricdata.NewLabelValue(qrs.fullName()))
+		if err != nil {
+			return fmt.Errorf("failed to create retry queue capacity metric: %w", err)
+		}
 	}
 
 	return nil
diff --git a/exporter/exporterhelper/queued_retry_inmemory.go b/exporter/exporterhelper/queued_retry_inmemory.go
index 7349a85de54..7b76221a78f 100644
--- a/exporter/exporterhelper/queued_retry_inmemory.go
+++ b/exporter/exporterhelper/queued_retry_inmemory.go
@@ -128,6 +128,12 @@ func (qrs *queuedRetrySender) start(context.Context, component.Host) error {
 		if err != nil {
 			return fmt.Errorf("failed to create retry queue size metric: %w", err)
 		}
+		err = globalInstruments.queueCapacity.UpsertEntry(func() int64 {
+			return int64(qrs.cfg.QueueSize)
+		}, metricdata.NewLabelValue(qrs.fullName))
+		if err != nil {
+			return fmt.Errorf("failed to create retry queue capacity metric: %w", err)
+		}
 	}
 
 	return nil
diff --git a/exporter/exporterhelper/queued_retry_test.go b/exporter/exporterhelper/queued_retry_test.go
index 7edf7788e8c..b7cebb39c8b 100644
--- a/exporter/exporterhelper/queued_retry_test.go
+++ b/exporter/exporterhelper/queued_retry_test.go
@@ -342,6 +342,7 @@ func TestQueuedRetry_QueueMetricsReported(t *testing.T) {
 	be := newBaseExporter(&defaultExporterCfg, componenttest.NewNopExporterCreateSettings(), fromOptions(WithRetry(rCfg), WithQueue(qCfg)), "", nopRequestUnmarshaler())
 	require.NoError(t, be.Start(context.Background(), componenttest.NewNopHost()))
 
+	checkValueForGlobalManager(t, defaultExporterTags, int64(5000), "exporter/queue_capacity")
 	for i := 0; i < 7; i++ {
 		require.NoError(t, be.sender.send(newErrorRequest(context.Background())))
 	}