2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

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.

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.

Comparison In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 25 in total exports ($332B). That same year, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $103M in 2023.

In 2018, 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 2023 to $539M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Brunei (Flag)

Thailand Exports

Brunei Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Thailand - Brunei

Flow
Scale

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

During 2023, Thailand had a large net trade with Brunei in the exports of Transportation ($26.3M), Foodstuffs ($23.6M), and Vegetable Products ($12.3M).

During 2018, Brunei had a large net trade with Thailand in the exports of Mineral Products ($455M), Chemical Products ($81.2M), and Machines ($597k).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Brunei (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