Brunei trade surplus widened 11.1 percent year-on-year to BND 468.5 million in January 2019 from BND 421.6 million in the same month of the previous year. Year-on-year, exports increased 27 percent to 952.6 million, mainly led by mineral fuels (24 pct), chemicals (54.4 pct), machinery and transport equipment (144.9 pct), and manufactured goods (163.6 pct). Main export partners were Japan (46.3 pct of total exports), Australia (16.1 pct), India (10.5 pct), Singapore (8.5 pct) and China (7.1 pct). Meanwhile, imports rose 47.5 percent to BND 484.1 million, boosted by machinery & transport equipment (82.2 pct); manufactured goods (5.6 pct); miscellaneous manufactured articles (56.5 pct); chemicals (196.4 pct); food (7.6 pct); mineral fuels (109.4 pct); and miscellaneous manufactured articles (20.5 pct). The most important import partners were: China (32.3 pct of total imports), Singapore (20.1 pct), Malaysia (15.6 pct), the US (6.3 pct) and Japan (5.3 pct). Balance of Trade in Brunei averaged 857.30 BND Million from 2005 until 2018, reaching an all time high of 2971.45 BND Million in September of 2008 and a record low of 34.10 BND Million in July of 2015.

Balance of Trade in Brunei is expected to be 217.90 BND Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Brunei to stand at 220.00 in 12 months time. In the long-term, the Brunei Balance of Trade is projected to trend around 140.65 BND Million in 2020, according to our econometric models.

Brunei Balance of Trade
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Calendar GMT Actual Previous Consensus TEForecast
2019-01-15 02:00 AM Balance of Trade BND304.0M BND101.1M BND 230.8M
2019-02-15 01:00 AM Balance of Trade BND234.5M BND304.0M
2019-03-18 01:00 AM Balance of Trade BND261.8M BND234.5M BND 197M
2019-03-29 12:30 AM Balance of Trade BND468.5M BND261.8M
2019-05-09 04:00 AM Balance of Trade BND468.5M
2019-07-08 07:25 AM Balance of Trade
2019-08-01 02:30 AM Balance of Trade

Brunei Trade Last Previous Highest Lowest Unit
Balance of Trade 468.50 261.80 2971.45 34.10 BND Million [+]
Current Account to GDP 15.50 16.70 76.00 12.90 percent [+]
Imports 484.10 559.10 1165.87 205.70 Million BND [+]
Exports 952.60 820.90 4137.32 491.10 Million BND [+]
Tourist Arrivals 218213.00 200989.00 242061.00 200989.00 [+]
Crude Oil Production 112.00 103.00 221.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 635.30 -206.70 1080.80 -206.70 BND Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Brunei Balance of Trade

As an oil producer, Brunei has been able to run consistent trade surpluses despite having to import most of what it consumes. Oil and natural gas account for almost 90 percent of Brunei’s exports. Other exports include machinery and transport equipment and chemicals. Brunei mainly imports machinery and transport equipment, manufactured goods, food, fuels and lubricants, chemical products, and miscellaneous manufactured articles. Brunei’s main trading partners are Japan, Malaysia, Singapore, South Korea, India, China, Australia, the United States and Thailand. This page provides the latest reported value for - Brunei Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brunei Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
468.50 261.80 2971.45 34.10 2005 - 2019 BND Million Monthly

Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19