China / Brunei

Overview In February 2024, China exported $26.2M and imported $237M from Brunei, resulting in a negative trade balance of $210M. Between February 2023 and February 2024 the exports of China have decreased by $-36.3M (-58.1%) from $62.5M to $26.2M, while imports increased by $101M (74.4%) from $136M to $237M.

Trade In February 2024, the top exports of China to Brunei were Refined Petroleum ($27M), Tug Boats ($9.43M), Reaction and Catalytic Products ($2.54M), Valves ($1.46M), and Other Furniture ($1.35M). In February 2024 the top imports of China from Brunei were Cyclic Hydrocarbons ($83.3M), Acyclic Alcohols ($6.96M), Petroleum Gas ($1.94M), Beauty Products ($620k), and Sulphur ($188k).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($6.59M), Zhejiang Province ($4.74M), Shandong Province ($2.9M), Hubei Province ($2.05M), and Sichuan Province ($1.68M), while imports destinations were mainly Zhejiang Province ($83.8M), Hainan Province ($64.6M), Tianjin ($35.1M), Jiangsu Province ($27.2M), and Shanghai Province ($25.6M).

Growth In February 2024, the decrease in China's year-by-year exports to Brunei was explained primarily by an decrease in product exports in Refined Petroleum ($-3.52M or -11.5%), Commodities not elsewhere specified ($-2.21M or -88.9%), and Other Small Iron Pipes ($-1.77M or -79.2%). In February 2024, the increase in China's year-by-year imports  from Brunei was explained primarily by an increase in product imports  in Beauty Products ($590k or 1.98k%) and Machinery parts, not containing electrical connectors,... ($875 or 215%).