2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 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
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Brunei-Thailand Trade: In 2023, Brunei exported $539M to Thailand. The main products that Brunei exported to Thailand were Crude Petroleum ($250M), Petroleum Gas ($205M), and Nitrogenous Fertilizers ($64.8M). Over the past 5 years the exports of Brunei to Thailand have decreased at an annualized rate of 8.75%, from $851M in 2018 to $539M in 2023.

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

Thailand-Brunei Trade: In 2023, Thailand exported $103M to Brunei. The main products that Thailand exported to Brunei were Cars ($19.6M), Rice ($8.56M), and Animal Food ($8.13M). Over the past 5 years the exports of Thailand to Brunei have decreased at an annualized rate of 3.88%,  from $126M in 2018 to $103M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $539M to Thailand. The main products exported from Brunei to Thailand were Crude Petroleum ($250M), Petroleum Gas ($205M), and Nitrogenous Fertilizers ($64.8M). During the last 5 years the exports of Brunei to Thailand have decreased at an annualized rate of 8.75%, from $851M in 2018 to $539M in 2023.

In 2018, Thailand exported $103M to Brunei. The main products exported from Thailand to Brunei were Cars ($19.6M), Rice ($8.56M), and Animal Food ($8.13M). During the last 5 years the exports of Thailand to Brunei have decreased at an annualized rate of 3.88%, from $126M in 2023 to $103M in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Thailand (Flag)

Brunei Exports

Thailand Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Thailand
Top Destination
United States$58.5B

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

In 2023, countries that imported more from Brunei than Thailand included Christmas Island ($5.33k).

In 2023, countries that imported more from Thailand than Brunei included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Brunei - Thailand

Flow
Scale

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

During 2023, Brunei had a large net trade with Thailand in the exports of Mineral Products ($455M), Chemical Products ($81.2M), and Machines ($597k).

During 2018, Thailand had a large net trade with Brunei in the exports of Transportation ($26.3M), Foodstuffs ($23.6M), and Vegetable Products ($12.3M).

Economic Complexity

Competitive Landscape

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

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

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