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Brunei Trade Summary

2019

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 2019

Overall Exports and Imports for Brunei 2019

Exports and imports of Brunei in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 7,039 million.
  • The total value of imports (CIF) was 5,103 million.
  • At the HS6 digit level, 1,891 products were exported to 82 countries and 3,538 products were imported from 179 countries.

Brunei top 5 Export and Import partners 2019

Top five countries to which Brunei exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 2,207 million, with a partner share of 31.35 percent.
  2. Brunei exports to Singapore worth US$ 967 million, with a partner share of 13.74 percent.
  3. Brunei exports to Australia worth US$ 716 million, with a partner share of 10.17 percent.
  4. Brunei exports to Malaysia worth US$ 612 million, with a partner share of 8.69 percent.
  5. Brunei exports to India worth US$ 602 million, with a partner share of 8.56 percent.

Top five countries from which Brunei imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Brunei imports from China worth US$ 672 million, with a partner share of 13.17 percent.
  2. Brunei imports from Singapore worth US$ 640 million, with a partner share of 12.54 percent.
  3. Brunei imports from Malaysia worth US$ 605 million, with a partner share of 11.86 percent.
  4. Brunei imports from United States worth US$ 323 million, with a partner share of 6.32 percent.
  5. Brunei imports from Germany worth US$ 322 million, with a partner share of 6.31 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2019

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$ 2,957,293.55 million.
  2. Brunei exported Petroleum oils and oils obtained from bituminou , worth US$ 2,853,973.90 million.
  3. Brunei exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 532,095.84 million.
  4. Brunei exported Methanol (methyl alcohol) , worth US$ 150,703.68 million.
  5. Brunei exported Derricks, cranes or work trucks fitted with a c , worth US$ 45,278.16 million.

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

  1. Brunei imported Petroleum oils and oils obtained from bituminou , worth US$ 1,160,969.03 million.
  2. Brunei imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 411,181.98 million.
  3. Brunei imported Automobiles with reciprocating piston engine di , worth US$ 149,620.34 million.
  4. Brunei imported Parts of machinery, plant and equipment of head , worth US$ 112,184.83 million.
  5. Brunei imported Structures and parts of structures,i or s , worth US$ 110,825.18 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Brunei in 2019 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 0.02 .
  • The total duty free imports in thousands of US dollars were 4,559,551.26 and duty free tariff line items share was 97.03 percent.

Development Indicators 2019

Key Development Indicators of Brunei in 2019 are below

  • Brunei GDP in current US dollar was 13,469 million.
  • GNI per capita, Atlas method (current US$) was 32,230.00 .
  • Brunei Trade balance: as % of GDP was 7.38.
  • Trade balance in current US$ was 994.00 million.
  • Trade as percentage of GDP was 108.51 .
  • Trade in services as percentage of GDP was 18.00 .

Trade Indicators 2019

Trade Indicators for Brunei in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.17.
  • Index of export market penetration was 1.59.
  • World Growth in percentage was -1.13 and Brunei Country Growth was 0.64 .