Exports from Brunei jumped 24% from a year earlier to BND 748.5 million in April 2019, mainly led by higher sales of mineral fuels (26.2%), namely crude oil (8.8%) and LNG (41.8%). Among major trading partners, shipments advanced to Japan (37.9%), Thailand (233%) and Australia (46.3%). Exports in Brunei averaged 1298.38 Million BND from 2005 until 2018, reaching an all time high of 4137.32 Million BND in September of 2008 and a record low of 491.10 Million BND in August of 2016.
Exports in Brunei is expected to be 740.00 Million BND by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Brunei to stand at 800.00 in 12 months time. In the long-term, the Brunei Exports is projected to trend around 950.00 Million BND in 2020, according to our econometric models.