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Brunei Trade Summary

2022

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 2022

Overall Exports and Imports for Brunei 2022

Exports and imports of Brunei in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,230 million.
  • The total value of imports (CIF) was 9,184 million.
  • At the HS6 digit level, 1,924 products were exported to 83 countries and 3,660 products were imported from 194 countries.

Brunei top 5 Export and Import partners 2022

Top five countries to which Brunei exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Australia worth US$ 2,932 million, with a partner share of 20.61 percent.
  2. Brunei exports to Japan worth US$ 2,472 million, with a partner share of 17.37 percent.
  3. Brunei exports to China worth US$ 2,214 million, with a partner share of 15.56 percent.
  4. Brunei exports to Singapore worth US$ 1,928 million, with a partner share of 13.55 percent.
  5. Brunei exports to Malaysia worth US$ 1,441 million, with a partner share of 10.12 percent.

Top five countries from which Brunei imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Malaysia worth US$ 2,206 million, with a partner share of 24.02 percent.
  2. Brunei imports from United Arab Emirates worth US$ 1,120 million, with a partner share of 12.20 percent.
  3. Brunei imports from China worth US$ 810 million, with a partner share of 8.83 percent.
  4. Brunei imports from Qatar worth US$ 559 million, with a partner share of 6.09 percent.
  5. Brunei imports from Singapore worth US$ 492 million, with a partner share of 5.35 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2022

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 5,158,794.55 (US$ Thousands).
  2. Brunei exported Natural gas, liquefied , worth 3,489,574.17 (US$ Thousands).
  3. Brunei exported Petroleum oils and oils obtained from bituminou , worth 2,170,259.19 (US$ Thousands).
  4. Brunei exported p-Xylene , worth 1,500,005.85 (US$ Thousands).
  5. Brunei exported Benzene , worth 510,560.04 (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 5,440,523.93 (US$ Thousands).
  2. Brunei imported Petroleum oils, etc, (excl. crude); preparation , worth 595,973.81 (US$ Thousands).
  3. Brunei imported Other coal, not agglomerated, nes , worth 185,089.15 (US$ Thousands).
  4. Brunei imported Aircraft parts nes , worth 136,604.79 (US$ Thousands).
  5. Brunei imported Other medicaments of mixed or unmixed products, , worth 104,043.38 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Brunei in 2022 are below

  • The maximum rate of tariff in percentage on any product was 10 percent.
  • The simple average tariff across all products was 0.33 percent.
  • The trade weighted average tariff was 0.05 .
  • The total duty free imports in thousands of US dollars were 8,386,500.63 and duty free tariff line items share was 94.57 percent.

Development Indicators 2022

Key Development Indicators of Brunei in 2022 are below

  • Brunei GDP in current US dollar was 16,682 million.
  • GNI per capita, Atlas method (current US$) was 31,410.00 .
  • Brunei Trade balance: as % of GDP was 25.80.
  • Trade balance in current US$ was 4,305.00 million.
  • Trade as percentage of GDP was 146.97 .
  • Trade in services as percentage of GDP was 8.46 .

Trade Indicators 2022

Trade Indicators for Brunei in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 1.67.
  • World Growth in percentage was 5.18 and Brunei Country Growth was 17.70 .