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Brunei Trade Summary

2018

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 2018

Overall Exports and Imports for Brunei 2018

Exports and imports of Brunei in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 6,574 million.
  • The total value of imports (CIF) was 4,164 million.
  • At the HS6 digit level, 1,905 products were exported to 86 countries and 3,538 products were imported from 170 countries.

Brunei top 5 Export and Import partners 2018

Top five countries to which Brunei exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 2,282 million, with a partner share of 34.72 percent.
  2. Brunei exports to Thailand worth US$ 690 million, with a partner share of 10.49 percent.
  3. Brunei exports to Korea, Rep. worth US$ 615 million, with a partner share of 9.35 percent.
  4. Brunei exports to Australia worth US$ 578 million, with a partner share of 8.80 percent.
  5. Brunei exports to Singapore worth US$ 557 million, with a partner share of 8.47 percent.

Top five countries from which Brunei imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Brunei imports from China worth US$ 1,641 million, with a partner share of 39.42 percent.
  2. Brunei imports from Singapore worth US$ 574 million, with a partner share of 13.80 percent.
  3. Brunei imports from Malaysia worth US$ 551 million, with a partner share of 13.24 percent.
  4. Brunei imports from United States worth US$ 361 million, with a partner share of 8.67 percent.
  5. Brunei imports from Japan worth US$ 161 million, with a partner share of 3.86 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2018

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 US$ 3,278,272.43 million.
  2. Brunei exported Petroleum oils and oils obtained from bituminou , worth US$ 2,699,771.17 million.
  3. Brunei exported Methanol (methyl alcohol) , worth US$ 239,144.89 million.
  4. Brunei exported Aircraft parts nes , worth US$ 27,354.27 million.
  5. Brunei exported Aircraft engines, spark-ignition reciprocating , worth US$ 25,087.55 million.

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 US$ 269,669.80 million.
  2. Brunei imported Structures and parts of structures,i or s , worth US$ 203,263.69 million.
  3. Brunei imported Aircraft engines, spark-ignition reciprocating , worth US$ 114,277.44 million.
  4. Brunei imported Taps, cocks, valves and similar appliances, nes , worth US$ 104,422.42 million.
  5. Brunei imported Automobiles with reciprocating piston engine di , worth US$ 104,409.87 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Brunei in 2018 are below

  • The maximum rate of tariff in percentage on any product was 10 percent.
  • The simple average tariff across all products was 0.16 percent.
  • The trade weighted average tariff was 0.03 .
  • The total duty free imports in thousands of US dollars were 3,803,366.36 and duty free tariff line items share was 97.08 percent.

Development Indicators 2018

Key Development Indicators of Brunei in 2018 are below

  • Brunei GDP in current US dollar was 13,567 million.
  • GNI per capita, Atlas method (current US$) was 29,390.00 .
  • Brunei Trade balance: as % of GDP was 9.97.
  • Trade balance in current US$ was 1,352.00 million.
  • Trade as percentage of GDP was 93.90 .
  • Trade in services as percentage of GDP was 15.82 .

Trade Indicators 2018

Trade Indicators for Brunei in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 1.55.
  • World Growth in percentage was 3.50 and Brunei Country Growth was 9.71 .