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Brunei Trade Summary

2014

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 2014

Overall Exports and Imports for Brunei 2014

Exports and imports of Brunei in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,509 million.
  • The total value of imports (CIF) was 3,599 million.
  • At the HS6 digit level, 1,764 products were exported to 63 countries and 3,500 products were imported from 116 countries.

Brunei top 5 Export and Import partners 2014

Top five countries to which Brunei exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 3,911 million, with a partner share of 37.21 percent.
  2. Brunei exports to Korea, Rep. worth US$ 1,152 million, with a partner share of 10.96 percent.
  3. Brunei exports to India worth US$ 957 million, with a partner share of 9.11 percent.
  4. Brunei exports to Australia worth US$ 795 million, with a partner share of 7.57 percent.
  5. Brunei exports to Indonesia worth US$ 637 million, with a partner share of 6.06 percent.

Top five countries from which Brunei imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Malaysia worth US$ 741 million, with a partner share of 20.59 percent.
  2. Brunei imports from Singapore worth US$ 736 million, with a partner share of 20.45 percent.
  3. Brunei imports from China worth US$ 358 million, with a partner share of 9.94 percent.
  4. Brunei imports from United States worth US$ 325 million, with a partner share of 9.02 percent.
  5. Brunei imports from Korea, Rep. worth US$ 313 million, with a partner share of 8.69 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2014

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 5,345,812.78 (US$ Thousands).
  2. Brunei exported Petroleum oils and oils obtained from bituminou , worth 4,378,647.81 (US$ Thousands).
  3. Brunei exported Other vitamins and their derivatives, unmixed, , worth 243,081.60 (US$ Thousands).
  4. Brunei exported Methanol (methyl alcohol) , worth 201,357.01 (US$ Thousands).
  5. Brunei exported Salts of formic acid , worth 22,419.55 (US$ Thousands).

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

  1. Brunei imported Petroleum oils, etc, (excl. crude); preparation , worth 362,209.54 (US$ Thousands).
  2. Brunei imported Tankers , worth 209,742.90 (US$ Thousands).
  3. Brunei imported Automobiles with reciprocating piston engine di , worth 134,041.78 (US$ Thousands).
  4. Brunei imported Automobiles with reciprocating piston engine di , worth 86,420.67 (US$ Thousands).
  5. Brunei imported Chemical products and residual products of chem , worth 74,087.29 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Brunei in 2014 are below

  • The maximum rate of tariff in percentage on any product was 30 percent.
  • The simple average tariff across all products was 1.20 percent.
  • The trade weighted average tariff was 0.46 .
  • The total duty free imports in thousands of US dollars were 3,251,325.99 and duty free tariff line items share was 77.74 percent.

Development Indicators 2014

Key Development Indicators of Brunei in 2014 are below

  • Brunei GDP in current US dollar was 17,098 million.
  • GNI per capita, Atlas method (current US$) was 42,380.00 .
  • Brunei Trade balance: as % of GDP was 33.93.
  • Trade balance in current US$ was 5,802.00 million.
  • Trade as percentage of GDP was 102.42 .
  • Trade in services as percentage of GDP was 16.05 .

Trade Indicators 2014

Trade Indicators for Brunei in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 1.53.
  • World Growth in percentage was 0.08 and Brunei Country Growth was -4.18 .