2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Brunei-Spain Trade: In 2023, Brunei exported $1.21M to Spain. The main products that Brunei exported to Spain were Non-Knit Men's Undergarments ($646k), Broadcasting Equipment ($448k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($66.7k). Over the past 5 years the exports of Brunei to Spain have increased at an annualized rate of 68.7%, from $88.6k in 2018 to $1.21M in 2023.

In 2023, Brunei did not export any services to Spain.

Spain-Brunei Trade: In 2023, Spain exported $6.96M to Brunei. The main products that Spain exported to Brunei were Aircraft parts (gliders, balloons, and powered aircraft) ($969k), Gas Turbines ($734k), and Compasses ($436k). Over the past 5 years the exports of Spain to Brunei have increased at an annualized rate of 0.89%,  from $6.66M in 2018 to $6.96M in 2023.

In 2023, Spain did not export any services to Brunei.

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $1.21M to Spain. The main products exported from Brunei to Spain were Non-Knit Men's Undergarments ($646k), Broadcasting Equipment ($448k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($66.7k). During the last 5 years the exports of Brunei to Spain have increased at an annualized rate of 68.7%, from $88.6k in 2018 to $1.21M in 2023.

In 2018, Spain exported $6.96M to Brunei. The main products exported from Spain to Brunei were Aircraft parts (gliders, balloons, and powered aircraft) ($969k), Gas Turbines ($734k), and Compasses ($436k). During the last 5 years the exports of Spain to Brunei have increased at an annualized rate of 0.89%, from $6.66M in 2023 to $6.96M in 2018.

Exports from Brunei (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to Brunei (Flag) (2023)

Latest Data

Trade between Brunei (Flag) and Spain (Flag)

Brunei Exports

Spain Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Spain
Top Destination
France$61.9B

This map shows whether countries import more from Brunei or Spain. Each country is colored based on the difference in imports they receive from Brunei and Spain or the difference in the growth in imports.

In 2023, countries that imported more from Brunei than Spain included Singapore ($1.72B) and Christmas Island ($5.33k).

In 2023, countries that imported more from Spain than Brunei included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Spain

Flow
Scale

This chart compares trade between Brunei and Spain by product, considering products traded by both, Brunei and Spain.

During 2023, Brunei had a large net trade with Spain in the exports of Textiles ($665k), Machines ($462k), and Chemical Products ($69.5k).

During 2018, Spain had a large net trade with Brunei in the exports of Machines ($2.26M), Transportation ($1.22M), and Instruments ($742k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brunei and Spain. This means that a dot/product with the flag of Brunei indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Brunei.

Product Space of Brunei (Flag) and Spain (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with