Brunei

PRODUCT EXPORTS (2018)

$6.39B

RANK 104 OF 222

EXPORTS PER CAPITA (2018)

$14.9K

RANK 62 OF 219

PRODUCT IMPORTS (2018)

$4.69B

RANK 134 OF 221

IMPORTS PER CAPITA (2018)

$10.9

RANK 64 of 219

SERVICE EXPORTS (2016)

$528M

RANK 121 OF 152

SERVICE IMPORTS (2016)

$1.46B

RANK 103 OF 152

GDP (2018)

$13.6B

CURRENT US$
RANK 130 OF 196

GDP GROWTH (2008-2018)

-5.74%

CURRENT US$
RANK 181 OF 196

GDP PC (2018)

$31,628

CURRENT US$
RANK 33 OF 196

GDP PC GROWTH (2008-2018)

-16.6%

Overview: In 2018 Brunei was the number 130 economy in the world in terms of GDP (current US$), the number 104 in total exports, and the number 134 in total imports. In 2018, Brunei exported $6.39B and imported $4.69B, resulting in a positive trade balance of $1.7B. In 2018, Brunei’s exports per capita were $14.9k and its imports per capita were $10.9k.

Trade: The top exports of Brunei are Petroleum Gas ($3.05B), Crude Petroleum ($2.74B), Acyclic Alcohols ($253M), Aircraft Parts ($31.9M), and Spark-Ignition Engines ($25.3M). The top imports of Brunei are Planes, Helicopters, and/or Spacecraft ($444M), Refined Petroleum($273M), Iron Structures ($197M), Cars ($190M), and Other Heating Machinery ($180M).

Destinations: Brunei exports mostly to Japan ($2.12B), Thailand($796M), Singapore ($579M), South Korea ($571M), and Australia($533M), and imports mostly from China ($1.59B), Singapore ($738M), Malaysia ($575M), France ($387M), and United States ($258M).

Location: Brunei borders Malaysia by land.

Exports

In 2018 Brunei exported a total of $6.39B, making it the number 104 exporter in the world. During the last five reported years the exports of Brunei have changed by -$4.76B from $11.2B in 2013 to $6.39B in 2018.

The most recent exports are led by Petroleum Gas ($3.05B), Crude Petroleum ($2.74B), Acyclic Alcohols ($253M), Aircraft Parts ($31.9M), and Spark-Ignition Engines ($25.3M).

Imports

In 2018 Brunei imported $4.69B, making it the number 134 trade destination in the world. During the last five reported years the imports of Brunei changed by -$806M from $5.5B in 2013 to $4.69B in 2018.

The most recent imports of Brunei are led by Planes, Helicopters, and/or Spacecraft ($444M), Refined Petroleum ($273M), Iron Structures ($197M), Cars ($190M), and Other Heating Machinery ($180M).

Trade Balance

As of 2018 Brunei had a positive trade balance of $2.39B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $346M in net exports.

Destinations

The most common destination for the exports of Brunei are Japan ($2.12B), Thailand ($796M), Singapore ($579M), South Korea ($571M), and Australia ($533M).

Origins

The most common import partners for Brunei are China ($1.59B), Singapore ($738M), Malaysia ($575M), France ($387M), and United States ($258M).