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Brunei Trade Summary

2016

Brunei exports, imports, tariff by year.
Brunei monthly trade data
Brunei quarterly trade data

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 2016

Overall Exports and Imports for Brunei 2016

Exports and imports of Brunei in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,875 million.
  • The total value of imports (CIF) was 2,679 million.
  • At the HS6 digit level, 1,906 products were exported to 84 countries and 3,538 products were imported from 131 countries.

Brunei top 5 Export and Import partners 2016

Top five countries to which Brunei exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 1,692 million, with a partner share of 34.70 percent.
  2. Brunei exports to Korea, Rep. worth US$ 695 million, with a partner share of 14.26 percent.
  3. Brunei exports to India worth US$ 456 million, with a partner share of 9.35 percent.
  4. Brunei exports to Thailand worth US$ 436 million, with a partner share of 8.95 percent.
  5. Brunei exports to Singapore worth US$ 325 million, with a partner share of 6.66 percent.

Top five countries from which Brunei imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Malaysia worth US$ 564 million, with a partner share of 21.06 percent.
  2. Brunei imports from Singapore worth US$ 513 million, with a partner share of 19.15 percent.
  3. Brunei imports from China worth US$ 349 million, with a partner share of 13.04 percent.
  4. Brunei imports from United States worth US$ 310 million, with a partner share of 11.56 percent.
  5. Brunei imports from Japan worth US$ 115 million, with a partner share of 4.29 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2016

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 2,406,604.92 (US$ Thousands).
  2. Brunei exported Petroleum oils and oils obtained from bituminou , worth 1,877,346.65 (US$ Thousands).
  3. Brunei exported Methanol (methyl alcohol) , worth 122,951.80 (US$ Thousands).
  4. Brunei exported Chemical products and residual products of chem , worth 109,935.33 (US$ Thousands).
  5. Brunei exported Aircraft engines, spark-ignition reciprocating , worth 32,470.10 (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 224,534.58 (US$ Thousands).
  2. Brunei imported Automobiles with reciprocating piston engine di , worth 94,313.66 (US$ Thousands).
  3. Brunei imported Aircraft parts nes , worth 59,546.68 (US$ Thousands).
  4. Brunei imported Automobiles with reciprocating piston engine di , worth 58,279.76 (US$ Thousands).
  5. Brunei imported Other medicaments of mixed or unmixed products, , worth 51,713.37 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Brunei in 2016 are below

  • The maximum rate of tariff in percentage on any product was 30 percent.
  • The simple average tariff across all products was 1.21 percent.
  • The trade weighted average tariff was 0.50 .
  • The total duty free imports in thousands of US dollars were 2,899,329.11 and duty free tariff line items share was 76.66 percent.

Development Indicators 2016

Key Development Indicators of Brunei in 2016 are below

  • Brunei GDP in current US dollar was 11,400 million.
  • GNI per capita, Atlas method (current US$) was 32,690.00 .
  • Brunei Trade balance: as % of GDP was 11.84.
  • Trade balance in current US$ was 1,349.00 million.
  • Trade as percentage of GDP was 87.32 .
  • Trade in services as percentage of GDP was 19.08 .

Trade Indicators 2016

Trade Indicators for Brunei in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 1.48.
  • World Growth in percentage was -1.35 and Brunei Country Growth was -13.14 .