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Brunei Trade Summary

2003

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 2003

Overall Exports and Imports for Brunei 2003

Exports and imports of Brunei in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,144 million.
  • The total value of imports (CIF) was 1,244 million.
  • At the HS6 digit level, 1,499 products were exported to 60 countries and 3,467 products were imported from 86 countries.

Brunei top 5 Export and Import partners 2003

Top five countries to which Brunei exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 1,698 million, with a partner share of 40.96 percent.
  2. Brunei exports to Korea, Rep. worth US$ 464 million, with a partner share of 11.19 percent.
  3. Brunei exports to Thailand worth US$ 391 million, with a partner share of 9.43 percent.
  4. Brunei exports to Australia worth US$ 346 million, with a partner share of 8.36 percent.
  5. Brunei exports to United States worth US$ 321 million, with a partner share of 7.75 percent.

Top five countries from which Brunei imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Malaysia worth US$ 252 million, with a partner share of 20.24 percent.
  2. Brunei imports from Singapore worth US$ 250 million, with a partner share of 20.12 percent.
  3. Brunei imports from United States worth US$ 143 million, with a partner share of 11.50 percent.
  4. Brunei imports from Japan worth US$ 124 million, with a partner share of 10.00 percent.
  5. Brunei imports from Hong Kong, China worth US$ 82 million, with a partner share of 6.56 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2003

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$ 2,022,101.89 million.
  2. Brunei exported Natural gas, liquefied , worth US$ 1,594,678.53 million.
  3. Brunei exported Floating or submersible drilling or production , worth US$ 132,378.88 million.
  4. Brunei exported T-shirts, singlets and other vests, of cotton, , worth US$ 50,741.66 million.
  5. Brunei exported Garments of cotton, knitted or crocheted, nes , worth US$ 42,576.68 million.

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

  1. Brunei imported Automobiles with reciprocating piston engine di , worth US$ 61,973.57 million.
  2. Brunei imported Automobiles with diesel engine displacing more , worth US$ 29,442.40 million.
  3. Brunei imported Unbleached woven fabrics of cotton, =<200g/m2, , worth US$ 28,427.31 million.
  4. Brunei imported Tools for drilling, other than for rock drillin , worth US$ 27,857.31 million.
  5. Brunei imported Aircraft parts nes , worth US$ 27,467.59 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Brunei in 2003 are below

  • The maximum rate of tariff in percentage on any product was 1,344.89 percent.
  • The simple average tariff across all products was 3.14 percent.
  • The trade weighted average tariff was 11.90 .
  • The total duty free imports in thousands of US dollars were 832,287.92 and duty free tariff line items share was 72.07 percent.

Development Indicators 2003

Key Development Indicators of Brunei in 2003 are below

  • Brunei GDP in current US dollar was 6,557 million.
  • GNI per capita, Atlas method (current US$) was 17,770.00 .
  • Brunei Trade balance: as % of GDP was 33.32.
  • Trade balance in current US$ was 2,185.00 million.
  • Trade as percentage of GDP was 105.26 .
  • Trade in services as percentage of GDP was 22.42 .

Trade Indicators 2003

Trade Indicators for Brunei in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.22.
  • Index of export market penetration was 1.49.
  • World Growth in percentage was 8.09 and Brunei Country Growth was 7.73 .