2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Brunei-Sweden Trade: In 2023, Brunei exported $64.2k to Sweden. The main products that Brunei exported to Sweden were Video Recording Equipment ($32.3k), Hydrometers ($16k), and Broadcasting Equipment ($3.3k). Over the past 5 years the exports of Brunei to Sweden have decreased at an annualized rate of 26.5%, from $299k in 2018 to $64.2k in 2023.

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

Sweden-Brunei Trade: In 2023, Sweden exported $2.46M to Brunei. The main products that Sweden exported to Brunei were Electric Batteries ($452k), Broadcasting Equipment ($186k), and Tractors ($168k). Over the past 5 years the exports of Sweden to Brunei have decreased at an annualized rate of 6.41%,  from $3.42M in 2018 to $2.46M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $64.2k to Sweden. The main products exported from Brunei to Sweden were Video Recording Equipment ($32.3k), Hydrometers ($16k), and Broadcasting Equipment ($3.3k). During the last 5 years the exports of Brunei to Sweden have decreased at an annualized rate of 26.5%, from $299k in 2018 to $64.2k in 2023.

In 2018, Sweden exported $2.46M to Brunei. The main products exported from Sweden to Brunei were Electric Batteries ($452k), Broadcasting Equipment ($186k), and Tractors ($168k). During the last 5 years the exports of Sweden to Brunei have decreased at an annualized rate of 6.41%, from $3.42M in 2023 to $2.46M in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Sweden (Flag)

Brunei Exports

Sweden Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Sweden
Top Destination
Germany$18.4B

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

In 2023, countries that imported more from Brunei than Sweden included Singapore ($1.72B), Australia ($2.25B), and Malaysia ($638M).

In 2023, countries that imported more from Sweden than Brunei included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage Brunei - Sweden

Flow
Scale

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

During 2023, Brunei had a large net trade with Sweden in the exports of Machines ($40.8k), Instruments ($17.1k), and Textiles ($3.62k).

During 2018, Sweden had a large net trade with Brunei in the exports of Machines ($1.34M), Metals ($426k), and Instruments ($249k).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Sweden (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