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Brunei Trade Summary

2017

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 2017

Overall Exports and Imports for Brunei 2017

Exports and imports of Brunei in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,571 million.
  • The total value of imports (CIF) was 3,085 million.
  • At the HS6 digit level, 1,923 products were exported to 88 countries and 3,506 products were imported from 166 countries.

Brunei top 5 Export and Import partners 2017

Top five countries to which Brunei exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 1,630 million, with a partner share of 29.27 percent.
  2. Brunei exports to Korea, Rep. worth US$ 789 million, with a partner share of 14.17 percent.
  3. Brunei exports to Malaysia worth US$ 626 million, with a partner share of 11.23 percent.
  4. Brunei exports to Thailand worth US$ 612 million, with a partner share of 10.98 percent.
  5. Brunei exports to India worth US$ 545 million, with a partner share of 9.78 percent.

Top five countries from which Brunei imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Brunei imports from China worth US$ 642 million, with a partner share of 20.81 percent.
  2. Brunei imports from Singapore worth US$ 569 million, with a partner share of 18.45 percent.
  3. Brunei imports from Malaysia worth US$ 562 million, with a partner share of 18.23 percent.
  4. Brunei imports from United States worth US$ 292 million, with a partner share of 9.47 percent.
  5. Brunei imports from Germany worth US$ 172 million, with a partner share of 5.57 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2017

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 2,769,547.25 (US$ Thousands).
  2. Brunei exported Petroleum oils and oils obtained from bituminou , worth 2,211,910.91 (US$ Thousands).
  3. Brunei exported Methanol (methyl alcohol) , worth 139,321.08 (US$ Thousands).
  4. Brunei exported Orthopaedic or fracture appliances, nes , worth 123,049.39 (US$ Thousands).
  5. Brunei exported Chemical products and residual products of chem , worth 60,473.51 (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 264,136.30 (US$ Thousands).
  2. Brunei imported Structures and parts of structures,i or s , worth 111,983.97 (US$ Thousands).
  3. Brunei imported Automobiles with reciprocating piston engine di , worth 103,569.12 (US$ Thousands).
  4. Brunei imported Aircraft engines, spark-ignition reciprocating , worth 88,808.46 (US$ Thousands).
  5. Brunei imported Gas turbines nes of a power exceeding 5000 KW , worth 84,464.68 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Brunei in 2017 are below

  • The maximum rate of tariff in percentage on any product was 10 percent.
  • The simple average tariff across all products was 0.15 percent.
  • The trade weighted average tariff was 0.03 .
  • The total duty free imports in thousands of US dollars were 2,721,635.92 and duty free tariff line items share was 97.19 percent.

Development Indicators 2017

Key Development Indicators of Brunei in 2017 are below

  • Brunei GDP in current US dollar was 12,128 million.
  • GNI per capita, Atlas method (current US$) was 29,400.00 .
  • Brunei Trade balance: as % of GDP was 13.97.
  • Trade balance in current US$ was 1,694.00 million.
  • Trade as percentage of GDP was 85.18 .
  • Trade in services as percentage of GDP was 14.85 .

Trade Indicators 2017

Trade Indicators for Brunei in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 1.57.
  • World Growth in percentage was 5.56 and Brunei Country Growth was 8.33 .