Brunei Trade Surplus Narrows Significantly

Brunei's trade surplus decreased sharply to BND 465.8 million in February 2025 from BND 689.1 million in the same month a year earlier, as exports fell more than imports.

Overseas sales tumbled 27.0% yoy to a four-month low of BND 1,130 million, pressured by drops in mineral fuels (-35.5%), and chemicals (-8.7%).

The highest shares of exports were to China, accounting for 24.8% of the total, followed by Japan (22.8%), Australia (22.7%), Singapore (9.4%), and Malaysia (7.3%).

Meanwhile, purchases dipped 22.6% to a four-month low of BND 664.2 million, weighed by falls in mineral fuels (-27.5%), manufactured goods (-31.2%), machinery and transport equipment (-11.9%), and miscellaneous manufactured articles (-16.9%).

The largest shares of imports came from Malaysia (39.1%), the United Arab Emirates (17.1%), and Papua New Guinea (10.9%).

For the first two months of the year, Brunei's trade surplus narrowed to BND 982.7 million from BND 1,152.3 million in the corresponding period of 2024.