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2022
Exports $32kWorld Rnk 114 / 165
Flag Rnk 292 / 799
2022
Destination $10.9k Malaysia
2021 - 2022
FASTEST GROWING MARKET $10.9kMalaysia
2022
PRODUCT COMPLEXITY IN Forging Machines1.5Rnk 53 / 1025
2022
Imports $451kWorld Rnk 152 / 211
Flag Rnk 473 / 1116
2022
Origin $23k China
2021 - 2022
FASTEST GROWING ORIGIN $23kSingapore

About

Exports In 2022, Brunei exported $32k in Forging Machines, making it the 114th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 292nd most exported product in Brunei. The main destination of Forging Machines exports from Brunei are: Malaysia ($27.6k), Singapore ($4.06k), and United Kingdom ($306).

The fastest growing export markets for Forging Machines of Brunei between 2021 and 2022 were Malaysia ($10.9k) and Singapore ($4.06k).

Imports In 2022, Brunei imported $451k in Forging Machines, becoming the 152nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 473rd most imported product in Brunei. Brunei imports Forging Machines primarily from: China ($303k), Malaysia ($51.1k), Singapore ($48.8k), Turkey ($12.1k), and Germany ($10.9k).

The fastest growing import markets in Forging Machines for Brunei between 2021 and 2022 were Singapore ($23k), Turkey ($12.1k), and Germany ($10.9k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Forging Machines. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32k
IMPORTS (2022)$451k
NET TRADE (2022)-$419k

In 2022, Brunei exported $32k in Forging Machines. The main destinations of Brunei exports on Forging Machines were Malaysia ($27.6k), Singapore ($4.06k), and United Kingdom ($306).

In 2022, Brunei imported $451k in Forging Machines, mainly from China ($303k), Malaysia ($51.1k), Singapore ($48.8k), Turkey ($12.1k), and Germany ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Brunei WERE (2021 - 2022):
Malaysia$10.9k (65.5%)
Singapore$4.06k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Brunei WERE (2021 - 2022):
South Korea-$3.64k (-100%)
United Kingdom-$237 (-43.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Brunei's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Brunei's main importing competitors in Forging Machines were:
United States $1.33B
China $825M
Mexico $547M

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Forging Machines’s highest export potential is N/A. With an export gap of N/A.   Forging Machines’s highest import potential is N/A with an import gap of N/A.

See methodology.

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