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Brunei Trade Summary

2020

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 2020

Overall Exports and Imports for Brunei 2020

Exports and imports of Brunei in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 6,608 million.
  • The total value of imports (CIF) was 5,343 million.
  • At the HS6 digit level, 1,393 products were exported to 60 countries and 3,513 products were imported from 179 countries.

Brunei top 5 Export and Import partners 2020

Top five countries to which Brunei exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Brunei exports to Japan worth US$ 1,692 million, with a partner share of 25.60 percent.
  2. Brunei exports to Singapore worth US$ 1,408 million, with a partner share of 21.31 percent.
  3. Brunei exports to China worth US$ 1,169 million, with a partner share of 17.69 percent.
  4. Brunei exports to Malaysia worth US$ 509 million, with a partner share of 7.71 percent.
  5. Brunei exports to India worth US$ 348 million, with a partner share of 5.26 percent.

Top five countries from which Brunei imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Brunei imports from Malaysia worth US$ 930 million, with a partner share of 17.40 percent.
  2. Brunei imports from Singapore worth US$ 757 million, with a partner share of 14.16 percent.
  3. Brunei imports from China worth US$ 577 million, with a partner share of 10.80 percent.
  4. Brunei imports from United Kingdom worth US$ 443 million, with a partner share of 8.29 percent.
  5. Brunei imports from Australia worth US$ 297 million, with a partner share of 5.55 percent.

Brunei Top 5 Productsexports imports at HS 6 digit level 2020

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$ 2,159,176.98 million.
  2. Brunei exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,557,617.42 million.
  3. Brunei exported Petroleum oils and oils obtained from bituminou , worth US$ 1,273,034.90 million.
  4. Brunei exported p-Xylene , worth US$ 693,882.50 million.
  5. Brunei exported Petroleum gases and other gaseous hydrocarbons, , worth US$ 233,401.16 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$ 1,461,485.46 million.
  2. Brunei imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 389,368.53 million.
  3. Brunei imported Taps, cocks, valves and similar appliances, nes , worth US$ 162,206.03 million.
  4. Brunei imported Other medicaments of mixed or unmixed products, , worth US$ 154,914.78 million.
  5. Brunei imported Automobiles with reciprocating piston engine di , worth US$ 134,556.23 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Brunei in 2020 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 4,559,568.89 and duty free tariff line items share was 97.04 percent.

Development Indicators 2020

Key Development Indicators of Brunei in 2020 are below

  • Brunei GDP in current US dollar was 12,016 million.
  • GNI per capita, Atlas method (current US$) was not available .
  • Brunei Trade balance: as % of GDP was 4.42.
  • Trade balance in current US$ was 531.00 million.
  • Trade as percentage of GDP was 110.20 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2020

Trade Indicators for Brunei in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 1.60.
  • World Growth in percentage was -3.91 and Brunei Country Growth was 4.40 .