Brunei's trade surplus increased to BND 602.7 million in August 2022 from BND 474.3 million in the same month a year ago, pointing to the 14th straight month of gains. Sales expanded 35.3% yoy to BND 1,687.0 million, lifted by a jump in shipments of both mineral fuels (38.7%) and chemicals (17.3%). The highest share of exports went to Malaysia, accounting for 23.2% of the total, Australia (22.0%), Singapore (18.8%), and Japan (13.1%). Meanwhile, imports grew 40.4% to BND 1,084.3 million, largely supported by mineral fuels (34.4%) and machinery & transport equipment (65.9%). The highest share of imports came from Malaysia, representing 41.2% of the total, UAE (13.7%), China (11.2%), and Australia (9.3%). Considering the first eight months of the year, the trade surplus climbed to BND 4,471.1 million, a jump of 68.5% from the prior year, with exports soaring 51.2% and imports rising 43.6%. source: Department of Economic Planning and Development, Brunei

Balance of Trade in Brunei averaged 709.83 BND Million from 2005 until 2022, reaching an all time high of 2971.45 BND Million in September of 2008 and a record low of -394.20 BND Million in October of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Balance of Trade in Brunei is expected to be 300.00 BND Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brunei Balance of Trade is projected to trend around 300.00 BND Million in 2023, according to our econometric models.

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Brunei Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-08-04 02:30 AM Mar BND874.4M BND650.6M BND510M
2022-08-09 03:30 AM Apr BND409.4M BND874.4M
2023-01-11 02:00 AM Oct


Related Last Previous Unit Reference
Balance of Trade 602.70 772.00 BND Million Aug 2022
Current Account to GDP 4.60 4.30 percent of GDP Dec 2021
Current Account 2110.00 748.40 BND Million Dec 2021
Exports 1687.00 1888.30 Million BND Aug 2022
Imports 1084.30 116.40 Million BND Aug 2022
Foreign Direct Investment 275.10 796.70 BND Million Dec 2021
Tourist Arrivals 62325.00 333244.00 Thousands Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
602.70 772.00 2971.45 -394.20 2005 - 2022 BND Million Monthly

News Stream
Brunei Trade Surplus Widens
Brunei's trade surplus increased to BND 602.7 million in August 2022 from BND 474.3 million in the same month a year ago, pointing to the 14th straight month of gains. Sales expanded 35.3% yoy to BND 1,687.0 million, lifted by a jump in shipments of both mineral fuels (38.7%) and chemicals (17.3%). The highest share of exports went to Malaysia, accounting for 23.2% of the total, Australia (22.0%), Singapore (18.8%), and Japan (13.1%). Meanwhile, imports grew 40.4% to BND 1,084.3 million, largely supported by mineral fuels (34.4%) and machinery & transport equipment (65.9%). The highest share of imports came from Malaysia, representing 41.2% of the total, UAE (13.7%), China (11.2%), and Australia (9.3%). Considering the first eight months of the year, the trade surplus climbed to BND 4,471.1 million, a jump of 68.5% from the prior year, with exports soaring 51.2% and imports rising 43.6%.
2022-11-09
Brunei Trade Surplus Largest in 4 Months
Brunei's trade surplus increased to a four-month high of BND 771.9 million in July of 2022 from BND 523.0 million in the same month a year ago, pointing to the 13th straight month of gains. Sales surged 38.7% yoy to BND 1,888.3 million, lifted by a jump in shipments of both mineral fuels (54.0%), and chemicals (814.3%). The highest share of exports went to Australia, accounting for 27.0% of the total, Japan (16.8%), China (12.8%), and Malaysia (11.4%). Meanwhile, imports expanded 33.1% to BND 1,116.4 million, largely supported by mineral fuels (61.7%), and machinery & transport equipment (14.0%). The highest share of imports came from Malaysia, representing 20.9% of the total, Qatar (13.3%), Iraq (12.3%), and Colombia (11.4%). Considering the first seven months of the year, the trade surplus climbed to BND 3,868.4 million, a jump of 77.5% from the prior year, with exports soaring 53.8% and imports rising 44.1%.
2022-10-25
Brunei Trade Surplus Widens Sharply
Brunei's trade surplus increased to BND 306.1 million in June of 2022 from BND 207.5 million in the same month a year ago, pointing to the 12th straight month of gains. Sales surged 61.1% yoy to BND 1,775.1 million, underpinned by a jump in shipments of both mineral fuels (56.2%), and chemicals (80.7%). The highest share of exports went to Malaysia, accounting for 30.7% of the total, Australia (14.4%), Singapore (12.6%), and Thailand (11.8%). Meanwhile, imports soared 64.3% to BND 1,469.0 million, largely boosted by mineral fuels (88.3%), and food (32.2%). The highest share of imports came from Malaysia, representing 23.7% of the total, the UAE (22.9%), Iraq (10.1%), and Qatar (10.0%). Considering the first half of the year, the trade surplus widened sharply to BND 3,096.5 million, a jump of 86.9% from the prior year, with exports rising 57.2% and imports climbing 46.1%.
2022-09-13