2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Brunei-Oman Trade: In 2023, Brunei exported $703k to Oman. The main products that Brunei exported to Oman were Machinery Having Individual Functions ($536k), Chemical Analysis Instruments ($123k), and Other Cast Iron Products ($37.6k). Over the past 5 years the exports of Brunei to Oman have increased at an annualized rate of 40.6%, from $128k in 2018 to $703k in 2023.

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

Oman-Brunei Trade: In 2023, Oman exported $25.5k to Brunei. The main products that Oman exported to Brunei were Surveying Equipment ($12.1k), Iron Blocks ($7.8k), and Brochures ($3.25k). Over the past 5 years the exports of Oman to Brunei have decreased at an annualized rate of 67.2%,  from $6.74M in 2018 to $25.5k in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $703k to Oman. The main products exported from Brunei to Oman were Machinery Having Individual Functions ($536k), Chemical Analysis Instruments ($123k), and Other Cast Iron Products ($37.6k). During the last 5 years the exports of Brunei to Oman have increased at an annualized rate of 40.6%, from $128k in 2018 to $703k in 2023.

In 2018, Oman exported $25.5k to Brunei. The main products exported from Oman to Brunei were Surveying Equipment ($12.1k), Iron Blocks ($7.8k), and Brochures ($3.25k). During the last 5 years the exports of Oman to Brunei have decreased at an annualized rate of 67.2%, from $6.74M in 2023 to $25.5k in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Oman (Flag)

Brunei Exports

Oman Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Brunei than Oman included Australia ($2.25B), Singapore ($1.72B), and Philippines ($278M).

In 2023, countries that imported more from Oman than Brunei included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Brunei - Oman

Flow
Scale

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

During 2023, Brunei had a large net trade with Oman in the exports of Machines ($539k), Instruments ($123k), and Metals ($39.2k).

During 2018, Oman had a large net trade with Brunei in the exports of Instruments ($12.1k), Metals ($8.19k), and Paper Goods ($3.25k).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Oman (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