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Brunei Trade Summary

2008

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 2008

Overall Exports and Imports for Brunei 2008

Exports and imports of Brunei in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,569 million.
  • The total value of imports (CIF) was 2,572 million.
  • At the HS6 digit level, 1,712 products were exported to 70 countries and 3,636 products were imported from 98 countries.

Brunei top 5 Export and Import partners 2008

Top five countries to which Brunei exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 4,567 million, with a partner share of 43.21 percent.
  2. Brunei exports to Indonesia worth US$ 2,113 million, with a partner share of 19.99 percent.
  3. Brunei exports to Korea, Rep. worth US$ 1,564 million, with a partner share of 14.80 percent.
  4. Brunei exports to Australia worth US$ 1,096 million, with a partner share of 10.37 percent.
  5. Brunei exports to India worth US$ 338 million, with a partner share of 3.20 percent.

Top five countries from which Brunei imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Singapore worth US$ 525 million, with a partner share of 20.43 percent.
  2. Brunei imports from Malaysia worth US$ 480 million, with a partner share of 18.68 percent.
  3. Brunei imports from United States worth US$ 353 million, with a partner share of 13.74 percent.
  4. Brunei imports from Japan worth US$ 218 million, with a partner share of 8.49 percent.
  5. Brunei imports from China worth US$ 178 million, with a partner share of 6.91 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2008

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$ 5,622,295.61 million.
  2. Brunei exported Natural gas, liquefied , worth US$ 4,715,709.21 million.
  3. Brunei exported Women's or girls' blouses, etc, of cotton, knit , worth US$ 30,327.50 million.
  4. Brunei exported T-shirts, singlets and other vests, of cotton, , worth US$ 24,064.20 million.
  5. Brunei exported Aircraft parts nes , worth US$ 15,069.34 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$ 155,066.84 million.
  2. Brunei imported Automobiles with reciprocating piston engine di , worth US$ 120,909.69 million.
  3. Brunei imported Aircraft propellers and rotors and parts thereo , worth US$ 70,585.31 million.
  4. Brunei imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 60,576.27 million.
  5. Brunei imported Aircraft parts nes , worth US$ 53,144.15 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Brunei in 2008 are below

  • The maximum rate of tariff in percentage on any product was 30 percent.
  • The simple average tariff across all products was 3.05 percent.
  • The trade weighted average tariff was 1.52 .
  • The total duty free imports in thousands of US dollars were 2,071,389.43 and duty free tariff line items share was 65.28 percent.

Development Indicators 2008

Key Development Indicators of Brunei in 2008 are below

  • Brunei GDP in current US dollar was 14,393 million.
  • GNI per capita, Atlas method (current US$) was 33,690.00 .
  • Brunei Trade balance: as % of GDP was 50.68.
  • Trade balance in current US$ was 7,295.00 million.
  • Trade as percentage of GDP was 105.91 .
  • Trade in services as percentage of GDP was 15.77 .

Trade Indicators 2008

Trade Indicators for Brunei in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 1.43.
  • World Growth in percentage was 7.43 and Brunei Country Growth was 20.40 .