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Brunei Trade Summary

1998

Brunei exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BRUNEI 1998

Overall Exports and Imports for Brunei 1998

Exports and imports of Brunei in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,307 million.
  • The total value of imports (CIF) was 1,566 million.
  • At the HS6 digit level, 1,445 products were exported to 53 countries and 3,786 products were imported from 86 countries.

Brunei top 5 Export and Import partners 1998

Top five countries to which Brunei exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 1,225 million, with a partner share of 53.12 percent.
  2. Brunei exports to Korea, Rep. worth US$ 414 million, with a partner share of 17.95 percent.
  3. Brunei exports to United States worth US$ 210 million, with a partner share of 9.12 percent.
  4. Brunei exports to Singapore worth US$ 181 million, with a partner share of 7.86 percent.
  5. Brunei exports to Thailand worth US$ 141 million, with a partner share of 6.11 percent.

Top five countries from which Brunei imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Singapore worth US$ 356 million, with a partner share of 22.72 percent.
  2. Brunei imports from Malaysia worth US$ 265 million, with a partner share of 16.89 percent.
  3. Brunei imports from United States worth US$ 235 million, with a partner share of 15.02 percent.
  4. Brunei imports from United Kingdom worth US$ 104 million, with a partner share of 6.63 percent.
  5. Brunei imports from Japan worth US$ 100 million, with a partner share of 6.41 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Brunei along with trade value are:

  1. Brunei exported Natural gas, liquefied , worth 1,212,376.15 (US$ Thousands).
  2. Brunei exported Petroleum oils and oils obtained from bituminou , worth 778,282.89 (US$ Thousands).
  3. Brunei exported Petroleum oils, etc, (excl. crude); preparation , worth 52,601.32 (US$ Thousands).
  4. Brunei exported Aircraft parts nes , worth 44,588.14 (US$ Thousands).
  5. Brunei exported Dresses of cotton, knitted or crocheted , worth 35,482.95 (US$ Thousands).

The top five imported HS 6 digit level products from world by Brunei along with trade value are

  1. Brunei imported Aircraft parts nes , worth 61,113.31 (US$ Thousands).
  2. Brunei imported Floating docks and vessels which perform specia , worth 44,836.03 (US$ Thousands).
  3. Brunei imported Automobiles with reciprocating piston engine di , worth 31,797.53 (US$ Thousands).
  4. Brunei imported Structures and parts of structures,i or s , worth 26,637.46 (US$ Thousands).
  5. Brunei imported Drilling, threading or tapping tools , worth 23,897.28 (US$ Thousands).

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Brunei in 1998 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 4.01 percent.
  • The trade weighted average tariff was 11.26 .
  • The total duty free imports in thousands of US dollars were 1,060,065.35 and duty free tariff line items share was 71.29 percent.

Development Indicators 1998

Key Development Indicators of Brunei in 1998 are below

  • Brunei GDP in current US dollar was 4,051 million.
  • GNI per capita, Atlas method (current US$) was 14,380.00 .
  • Brunei Trade balance: as % of GDP was -6.93.
  • Trade balance in current US$ was -281.00 million.
  • Trade as percentage of GDP was 107.88 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 1998

Trade Indicators for Brunei in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.28.
  • Index of export market penetration was 1.44.
  • World Growth in percentage was -0.47 and Brunei Country Growth was -14.26 .