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

Brunei trade surplus narrowed 13.7 percent to BND 325.3 million in February 2018 from BND 376.9 million in the same month of the previous year. Exports edged down 0.2% from a year ago to BND 648.5 million, mainly due to a fall in sales of mineral fuels, the country’s top exports (- 2.4%). Meantime, sales increased for chemicals (69%) and miscellaneous manufactured articles (21.1%).The main export partners were Japan (47.9% of total exports), South Korea (18.8% share), and Malaysia (10.8% share). Meanwhile, imports surged 18.4% from a year ago to BND 323.2 million, driven by purchases of machinery and manufactured goods (138.8%) and food (2.6%). The highest share of imports came from China (35.3%), followed by Singapore (15.1%), and Malaysia (14.5%). Considering January to February, the trade surplus increased slightly to BND 748.2 million from BND 746 billion 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
2018-04-29 04:00 AM Balance of Trade BDN357.5M BDN475.4M BDN 685.8M
2018-05-09 03:00 AM Balance of Trade BDN422.9M BDN357.5M BDN 519.9M
2018-05-09 04:00 AM Balance of Trade BDN325.3M BDN422.9M BDN 583.3M
2018-06-25 05:30 AM Balance of Trade BDN 623.2M
2018-06-25 05:30 AM Balance of Trade BDN325.3M BDN 523M
2018-07-30 02:30 AM Balance of Trade BDN 649.9M

Brunei Trade Last Previous Highest Lowest Unit
Balance of Trade 325.30 422.90 2971.45 34.10 BND Million [+]
Exports 648.50 751.10 4137.32 491.10 Million BND [+]
Imports 323.20 328.20 1165.87 205.70 Million BND [+]
Current Account to GDP 4.80 9.60 76.00 4.80 percent [+]
Tourist Arrivals 218213.00 200989.00 242061.00 200989.00 [+]
Crude Oil Production 115.00 111.00 221.00 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
325.30 422.90 2971.45 34.10 2005 - 2018 BND Million Monthly

balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18