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Brunei Trade Summary

2002

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 2002

Overall Exports and Imports for Brunei 2002

Exports and imports of Brunei in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,566 million.
  • The total value of imports (CIF) was 1,499 million.
  • At the HS6 digit level, 1,465 products were exported to 62 countries and 3,551 products were imported from 90 countries.

Brunei top 5 Export and Import partners 2002

Top five countries to which Brunei exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 1,440 million, with a partner share of 40.37 percent.
  2. Brunei exports to Thailand worth US$ 473 million, with a partner share of 13.26 percent.
  3. Brunei exports to Korea, Rep. worth US$ 418 million, with a partner share of 11.72 percent.
  4. Brunei exports to Australia worth US$ 314 million, with a partner share of 8.81 percent.
  5. Brunei exports to United States worth US$ 281 million, with a partner share of 7.89 percent.

Top five countries from which Brunei imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Brunei imports from United States worth US$ 277 million, with a partner share of 18.46 percent.
  2. Brunei imports from Singapore worth US$ 272 million, with a partner share of 18.13 percent.
  3. Brunei imports from Malaysia worth US$ 225 million, with a partner share of 14.99 percent.
  4. Brunei imports from Japan worth US$ 206 million, with a partner share of 13.73 percent.
  5. Brunei imports from United Kingdom worth US$ 95 million, with a partner share of 6.36 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2002

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

  1. Brunei exported Petroleum oils and oils obtained from bituminou , worth US$ 1,688,870.91 million.
  2. Brunei exported Natural gas, liquefied , worth US$ 1,400,468.99 million.
  3. Brunei exported Floating or submersible drilling or production , worth US$ 107,693.98 million.
  4. Brunei exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 49,528.36 million.
  5. Brunei exported Garments of cotton, knitted or crocheted, nes , worth US$ 38,319.85 million.

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

  1. Brunei imported Floating or submersible drilling or production , worth US$ 164,571.18 million.
  2. Brunei imported Automobiles with reciprocating piston engine di , worth US$ 72,235.48 million.
  3. Brunei imported Floating docks and vessels which perform specia , worth US$ 47,689.89 million.
  4. Brunei imported Unbleached woven fabrics of cotton, =<200g/m2, , worth US$ 32,369.64 million.
  5. Brunei imported Automobiles with diesel engine displacing more , worth US$ 30,902.73 million.

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Brunei in 2002 are below

  • The maximum rate of tariff in percentage on any product was 1,434.58 percent.
  • The simple average tariff across all products was 3.24 percent.
  • The trade weighted average tariff was 10.74 .
  • The total duty free imports in thousands of US dollars were 1,059,866.27 and duty free tariff line items share was 71.70 percent.

Development Indicators 2002

Key Development Indicators of Brunei in 2002 are below

  • Brunei GDP in current US dollar was 5,843 million.
  • GNI per capita, Atlas method (current US$) was 17,100.00 .
  • Brunei Trade balance: as % of GDP was 25.50.
  • Trade balance in current US$ was 1,490.00 million.
  • Trade as percentage of GDP was 108.75 .
  • Trade in services as percentage of GDP was 22.30 .

Trade Indicators 2002

Trade Indicators for Brunei in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.21.
  • Index of export market penetration was 1.51.
  • World Growth in percentage was 2.45 and Brunei Country Growth was 1.55 .