Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Brunei | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESBruneiWorldExportsValue (US$)13,000,827,762.0011,447,186,703.0010,508,832,881.006,352,662,492.004,875,075,307.005,570,575,213.766,573,636,942.627,039,083,085.756,608,177,852.1011,058,184,373.0114,230,238,311.5011,240,624,705.27
Value Growth, YoY (%)-11.95-8.19-39.54-23.2514.2618.007.08-6.1267.3428.68-21.00
ImportsValue (US$)3,572,226,691.003,612,434,588.003,598,739,678.003,229,077,312.002,678,505,864.003,084,533,899.584,164,052,430.835,102,674,118.715,342,500,814.648,574,738,526.009,183,899,326.297,484,472,312.89
Value Growth, YoY (%)1.12-0.37-10.27-17.0515.1534.9922.544.7060.507.10-18.50

The value of merchandise exports from Brunei totalled $ 11.2 billion in 2023. Overall commodity exports from Brunei decreased by 21% compared to 2022. Merchandise exports decreased by $ 2.98 billion (the value of merchandise exports from Brunei amounted to $14.2 billion in 2022)

Brunei's exports 2023 by country

Top export destinations of commodities from Brunei in 2023:

  • Australia with a share of 21% (2.42 billion US$)
  • Singapore with a share of 17% (1.91 billion US$)
  • China with a share of 16.6% (1.87 billion US$)
  • Japan with a share of 13.9% (1.56 billion US$)
  • Malaysia with a share of 6.83% (768 million US$)
  • Thailand with a share of 4.88% (549 million US$)
  • Indonesia with a share of 2.94% (330 million US$)
  • Korea with a share of 2.68% (301 million US$)
  • Brazil with a share of 2.33% (262 million US$)
  • Philippines with a share of 2.29% (258 million US$)

Exports structure from Brunei in 2023 represented by the following main commodity groups:

  • 77% (8.7 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 16.8% (1.89 billion US$): 29 - Organic chemicals
  • 3.19% (359 million US$): 31 - Fertilizers
  • 0.574% (64 million US$): 73 - Articles of iron or steel
  • 0.414% (46 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 0.391% (43 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 0.171% (19.2 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 0.168% (18.9 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 0.144% (16.2 million US$): 97 - Works of art, collectors' pieces and antiques
  • 0.126% (14.2 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates

What did Brunei export in 2023?

Brunei's Top Exports in 2023:

  • 35% ($3.94 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 25% ($2.92 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 16.1% ($1.81 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 15.2% ($1.71 billion): 2902 - Cyclic hydrocarbons
  • 3.19% ($359 million): 3102 - Mineral or chemical fertilisers, nitrogenous
  • 1.43% ($160 million): 2905 - Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives
  • 0.29% ($32 million): 7306 - Other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel
  • 0.24% ($27 million): 8807 - Aircraft; parts of goods of heading 8801, 8802 or 8806
  • 0.205% ($23 million): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents

The value of merchandise imports to Brunei totalled $ 7.48 billion in 2023. Overall commodity imports to Brunei decreased by 18.5% compared to 2022. Merchandise imports decreased by $ 1.69 billion (the value of merchandise imports to Brunei was equal to $9.18 billion in 2022)

Brunei's imports 2023 by country

Top trading partners (import sources) of Brunei in 2023:

  • Malaysia with a share of 26% (1.97 billion US$)
  • United Arab Emirates with a share of 10.9% (817 million US$)
  • China with a share of 10.4% (784 million US$)
  • Australia with a share of 7.23% (541 million US$)
  • Qatar with a share of 6.27% (469 million US$)
  • Kazakhstan with a share of 6.02% (450 million US$)
  • Singapore with a share of 4.62% (345 million US$)
  • Saudi Arabia with a share of 3.73% (279 million US$)
  • USA with a share of 3.72% (278 million US$)
  • Russia with a share of 3.2% (239 million US$)

Imports structure to Brunei in 2023 represented by the following main commodity groups:

  • 63% (4.77 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.59% (419 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 3.03% (226 million US$): 30 - Pharmaceutical products
  • 2.86% (214 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.45% (183 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 1.63% (122 million US$): 73 - Articles of iron or steel
  • 1.24% (92 million US$): 72 - Iron and steel
  • 1.09% (81 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 1.03% (77 million US$): 29 - Organic chemicals
  • 0.964% (72 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons

What did Brunei import in 2023?

Brunei's Top Imports in 2023:

  • 52% ($3.92 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 9.41% ($704 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.41% ($181 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.8% ($135 million): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 1.62% ($121 million): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc
  • 1.35% ($101 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 0.946% ($70 million): 8411 - Turbo-jets, turbo-propellers and other gas turbines
  • 0.774% ($57 million): 2309 - Preparations of a kind used in animal feeding.
  • 0.737% ($55 million): 8481 - Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves
  • 0.634% ($47 million): 7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel

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Brunei | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023