Crude Petroleum in Brunei

2019
Exports | Imports
: $2.7B | $974M, World Rnk 32 / 135
Flag Rnk 2 / 772 | World Rnk 55 / 156
Flag Rnk 1 / 1100

2019
Destination | Origin
: $755M | $253M, Australia | Nigeria

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $227M | $253M, Australia |  Nigeria

2019
PRODUCT COMPLEXITY  IN Crude Petroleum
: -3.02, Rnk 1029 / 1029

Exports: In 2019, Brunei exported $2.7B in Crude Petroleum, making it the 32nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most exported product in Brunei. The main destination of Crude Petroleum exports from Brunei are: Australia ($755M), India ($561M), Thailand ($479M), Singapore ($373M), and Vietnam ($160M).

The fastest growing export markets for Crude Petroleum of Brunei between 2018 and 2019 were Australia ($227M), Vietnam ($160M), and India ($120M).

Imports: In 2019, Brunei imported $974M in Crude Petroleum, becoming the 55th 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: Nigeria ($253M), United Arab Emirates ($221M), Kazakhstan ($117M), British Indian Ocean Territory ($75.2M), and Equatorial Guinea ($70.4M).

The fastest growing import markets in Crude Petroleum for Brunei between 2018 and 2019 were Nigeria ($253M), United Arab Emirates ($221M), and Kazakhstan ($117M).

Value

EXPORTS (2019): $2.7B

IMPORTS (2019): $974M

NET TRADE (2019): $1.72B

In 2019, Brunei exported $2.7B in Crude Petroleum. The main destinations of Brunei exports on Crude Petroleum were Australia ($755M), India ($561M), Thailand ($479M), Singapore ($373M), and Vietnam ($160M).

In 2019, Brunei imported $974M in Crude Petroleum, mainly from Nigeria ($253M), United Arab Emirates ($221M), Kazakhstan ($117M), British Indian Ocean Territory ($75.2M), and Equatorial Guinea ($70.4M).

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IN 2019, Brunei HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2019, Brunei HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:: Netherlands , -$197 ($6 - $203)

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Brunei WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Brunei WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Brunei's main exporting competitors in Crude Petroleum were:

In 2018, Brunei's main importing competitors in Crude Petroleum were:

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