South Korea / Brunei

Overview In February 2024, South Korea exported $3.27M and imported $53M from Brunei, resulting in a negative trade balance of $49.7M. Between February 2023 and February 2024 the exports of South Korea have decreased by $-927k (-22.1%) from $4.2M to $3.27M, while imports decreased by $-15.9M (-23.1%) from $68.9M to $53M.

Trade In February 2024, the top exports of South Korea to Brunei were Cars, tractors, trucks & parts thereof. ($2.16M), Perfumery & cosmetics ($176k), Electrical machinery and electronics ($120k), Preparations of cereals, flour, starch or... ($115k), and Special woven fabrics and tapestries ($111k). In February 2024 the top imports of South Korea from Brunei were Fertilizers ($2.77M), Organic chemicals ($1.83M), Knitted clothing accesories ($2k), Edible vegetables, roots, & tubers ($0), and Edible fruits, nuts & fruit peels ($0).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Brunei was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts ($-211k or -89%), Chemical products n.e.s. ($-81k or -96.4%), and Preparations of cereals, flour, starch or... ($-55k or -32.4%). In February 2024, the decrease in South Korea's year-by-year imports  from Brunei was explained primarily by an decrease in product imports  in Electrical machinery and electronics ($-483k or -100%).