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Brunei Trade Summary

2021

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 2021

Overall Exports and Imports for Brunei 2021

Exports and imports of Brunei in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,058 million.
  • The total value of imports (CIF) was 8,575 million.
  • At the HS6 digit level, 1,816 products were exported to 47 countries and 3,576 products were imported from 174 countries.

Brunei top 5 Export and Import partners 2021

Top five countries to which Brunei exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Singapore worth US$ 2,368 million, with a partner share of 21.42 percent.
  2. Brunei exports to Japan worth US$ 2,249 million, with a partner share of 20.34 percent.
  3. Brunei exports to China worth US$ 2,223 million, with a partner share of 20.10 percent.
  4. Brunei exports to Australia worth US$ 1,379 million, with a partner share of 12.47 percent.
  5. Brunei exports to Philippines worth US$ 553 million, with a partner share of 5.00 percent.

Top five countries from which Brunei imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Malaysia worth US$ 1,914 million, with a partner share of 22.32 percent.
  2. Brunei imports from Russian Federation worth US$ 1,309 million, with a partner share of 15.27 percent.
  3. Brunei imports from Saudi Arabia worth US$ 933 million, with a partner share of 10.88 percent.
  4. Brunei imports from Singapore worth US$ 745 million, with a partner share of 8.69 percent.
  5. Brunei imports from China worth US$ 575 million, with a partner share of 6.71 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by Brunei along with trade value are:

  1. Brunei exported Petroleum oils, etc, (excl. crude); preparation , worth 3,139,692.14 (US$ Thousands).
  2. Brunei exported Natural gas, liquefied , worth 2,593,505.19 (US$ Thousands).
  3. Brunei exported Petroleum oils and oils obtained from bituminou , worth 2,155,680.59 (US$ Thousands).
  4. Brunei exported p-Xylene , worth 1,238,783.88 (US$ Thousands).
  5. Brunei exported Benzene , worth 513,641.04 (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 and oils obtained from bituminou , worth 5,158,176.70 (US$ Thousands).
  2. Brunei imported Petroleum oils, etc, (excl. crude); preparation , worth 390,616.29 (US$ Thousands).
  3. Brunei imported Other coal, not agglomerated, nes , worth 138,745.86 (US$ Thousands).
  4. Brunei imported Other medicaments of mixed or unmixed products, , worth 108,268.26 (US$ Thousands).
  5. Brunei imported Automobiles with reciprocating piston engine di , worth 93,778.48 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Brunei in 2021 are below

  • The maximum rate of tariff in percentage on any product was 10 percent.
  • The simple average tariff across all products was 0.12 percent.
  • The trade weighted average tariff was 0.02 .
  • The total duty free imports in thousands of US dollars were 4,857,428.08 and duty free tariff line items share was 97.61 percent.

Development Indicators 2021

Key Development Indicators of Brunei in 2021 are below

  • Brunei GDP in current US dollar was 14,006 million.
  • GNI per capita, Atlas method (current US$) was 30,320.00 .
  • Brunei Trade balance: as % of GDP was 13.21.
  • Trade balance in current US$ was 1,851.00 million.
  • Trade as percentage of GDP was 147.12 .
  • Trade in services as percentage of GDP was 7.83 .

Trade Indicators 2021

Trade Indicators for Brunei in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 1.68.
  • World Growth in percentage was 12.50 and Brunei Country Growth was 19.23 .