Crude Petroleum in Brunei | The Observatory of Economic Complexity

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Exports In 2022, Brunei exported $2.1B in Crude Petroleum, making it the 36th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most exported product in Brunei. The main destination of Crude Petroleum exports from Brunei are: Australia ($998M), Thailand ($288M), India ($277M), Singapore ($259M), and Japan ($76.8M).

The fastest growing export markets for Crude Petroleum of Brunei between 2021 and 2022 were Australia ($374M), Indonesia ($64.6M), and South Korea ($62.5M).

Imports In 2022, Brunei imported $5.05B in Crude Petroleum, becoming the 30th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Brunei. Brunei imports Crude Petroleum primarily from: Malaysia ($1.19B), United Arab Emirates ($935M), Kazakhstan ($540M), Qatar ($523M), and Saudi Arabia ($340M).

The fastest growing import markets in Crude Petroleum for Brunei between 2021 and 2022 were United Arab Emirates ($779M), Qatar ($460M), and Malaysia ($429M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Brunei to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$2.1B

IMPORTS (2022)$5.05B

NET TRADE (2022)-$2.95B

In 2022, Brunei exported $2.1B in Crude Petroleum. The main destinations of Brunei exports on Crude Petroleum were Australia ($998M), Thailand ($288M), India ($277M), Singapore ($259M), and Japan ($76.8M).

In 2022, Brunei imported $5.05B in Crude Petroleum, mainly from Malaysia ($1.19B), United Arab Emirates ($935M), Kazakhstan ($540M), Qatar ($523M), and Saudi Arabia ($340M).