Brunei Balance of Trade  2005-2018 | Data | Chart | Calendar | Forecast

Brunei trade surplus narrowed 37.2 percent year-on-year to BND 240.6 million in May 2018 from BND 383.1 million in the same month of the previous year. Exports decreased 0.6 percent to BND 722.2 million, mainly due to a fall in sales of chemicals (-54.9 percent); miscellaneous manufactured articles (-42 percent), and machinery and transport equipment (-13.4 percent). Main export partners were Japan (31.9 percent of total exports), Taiwan (17.3 percent) and India (16.6 percent). Imports jumped 40.1 percent year-on-year to BND 481.6 million, due to a surge in purchases of machinery and transport equipment (128.3 percent); chemicals (45.5 percent), and manufactured goods (20.5 percent). The highest share of imports came from China (35.8 percent), Malaysia (14.6 percent), Singapore (11.9 percent), and the UK (9.5 percent). Considering January to May, the trade balance recorded a BND 1,543.2 million surplus compared to a BND 1,609.7 million surplus in the same period of 2017. Balance of Trade in Brunei averaged 903.70 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.

Brunei Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-04 07:25 AM Balance of Trade BDN364.4M BDN326.2M BDN 523M
2018-08-01 02:30 AM Balance of Trade BDN190.5M BDN364.1M BDN 423.2M
2018-08-27 04:50 AM Balance of Trade BDN240.6M BDN190.5M BDN 200.1M
2018-10-29 05:30 AM Balance of Trade BDN 217.5M
2018-10-29 05:30 AM Balance of Trade BDN240.6M BDN 245.1M
2018-10-30 10:05 AM Balance of Trade BDN 236.4M

Brunei Trade Last Previous Highest Lowest Unit
Balance of Trade 240.60 190.50 2971.45 34.10 BND Million [+]
Exports 722.20 603.70 4137.32 491.10 Million BND [+]
Imports 481.60 413.20 1165.87 205.70 Million BND [+]
Current Account to GDP 6.10 9.60 76.00 6.10 percent [+]
Tourist Arrivals 218213.00 200989.00 242061.00 200989.00 [+]
Crude Oil Production 103.00 85.00 221.00 70.00 BBL/D/1K [+]
Foreign Direct Investment 238.20 719.50 1080.80 238.20 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
240.60 190.50 2971.45 34.10 2005 - 2018 BND Million Monthly

balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1447.00 Sep/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18