Tuesday August 07 2018
Brunei Balance of Trade at 190.50 BND Million
Brunei trade surplus narrowed 23.6 percent year-on-year to BND 190.5 million in April 2018 from BND 249.5 million in the same month of the previous year. It is the smallest trade surplus since August 2017. Imports jumped 29.4 percent year-on-year to BND 413.2 million, due to a surge in purchases of machinery and transport equipment (63.5 percent); manufactured goods (49.3 percent) and chemicals (34.5 percent). The highest share of imports came from China (31.9 percent), Malaysia (16.2 percent), Singapore (12.2 percent) and the USA (11.4 percent). Exports increased 6.1 percent to BND 603.7 million, mainly due to a rise in sales of mineral fuels (7 percent) and machinery and transport equipment (9.8 percent). Main export partners were Japan (33.3 percent of total exports), Taiwan (20.2 percent) and Singapore (12.2 percent). Considering January to April, the trade balance recorded a BND 1,302.5 million surplus compared to a BND 1,226.6 million surplus in the same period of 2017.