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

Brunei trade surplus rose 8.7% to BND 230.4 million in October 2017 from BND211.9 million in the same month of the previous year. It was the largest trade surplus since July. Exports grew by 13.8% from a year ago to BND582 million, mainly due to higher sales of mineral fuels (10.9%), transport equipment (52.3%), miscellaneous manufactured articles (60.4%), and chemicals (969.2%). The main export partners were South Korea (23.3% of total exports), Malaysia (17.4% share), Taiwan (12.6% share), and Japan (12.5% share). Meanwhile, imports jumped 17.5% from a year ago to BND351.6 million, driven by purchases of manufactured goods (80.8%), mineral fuels (47.8%), and chemicals (119%). The highest share of imports came from Malaysia (27.7%), followed by Singapore (18.9%), China (18.1%), and USA (7.7%). In the first ten months of the year, the trade surplus edged up 1.2% to BND2.62 billion from BND2.59 billion in the same period of 2016. Balance of Trade in Brunei averaged 939.05 BND Million from 2005 until 2017, 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
2017-11-02 10:05 AM Balance of Trade BDN147.6M BDN347M
2017-11-22 02:45 AM Balance of Trade BDN204.4M BDN104.7M
2017-12-27 02:00 AM Balance of Trade BDN230.4M BDN204.4M
2018-01-22 11:00 AM Balance of Trade BDN230.4M BDN 208.4M
2018-02-21 09:20 AM Balance of Trade BDN 261.1M
2018-03-23 10:00 AM Balance of Trade BDN 283.3M

Brunei Trade Last Previous Highest Lowest Unit
Balance of Trade 230.40 204.40 2971.45 34.10 BND Million [+]
Exports 582.00 634.10 4137.32 491.10 Million BND [+]
Imports 351.60 429.70 1165.87 205.70 Million BND [+]
Current Account to GDP 9.50 16.00 76.00 9.50 percent [+]
Tourist Arrivals 218213.00 200989.00 242061.00 200989.00 [+]
Crude Oil Production 110.00 110.00 221.00 82.00 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
230.40 204.40 2971.45 34.10 2005 - 2017 BND Million Monthly

balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -1621000.00 Nov/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17