Imports to Brunei declined by 11.7 percent year-on-year to BND 419 million in July 2019, mostly led by machinery and transport equipment (-9.6 percent) and manufactured goods (-57 percent). Main import partners were Singapore, Malaysia, and China Imports in Brunei averaged 425.16 Million BND from 2005 until 2018, reaching an all time high of 1165.87 Million BND in September of 2008 and a record low of 205.70 Million BND in March of 2014.
Imports in Brunei is expected to be 570.00 Million BND by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Brunei to stand at 410.00 in 12 months time. In the long-term, the Brunei Imports is projected to trend around 650.00 Million BND in 2020, according to our econometric models.