2022
Exports
$3.21kWorld Rnk 117 / 126
Flag Rnk 488 / 799
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$6.65MWorld Rnk 122 / 210
Flag Rnk 105 / 1116

About

Exports In 2022, Brunei exported $3.21k in Hot-Rolled Iron Bars, making it the 117th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 488th most exported product in Brunei. The main destination of Hot-Rolled Iron Bars exports from Brunei are: Malaysia ($2.94k) and Norway ($276).

The fastest growing export markets for Hot-Rolled Iron Bars of Brunei between 2021 and 2022 were Norway ($276).

Imports In 2022, Brunei imported $6.65M in Hot-Rolled Iron Bars, becoming the 122nd largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 105th most imported product in Brunei. Brunei imports Hot-Rolled Iron Bars primarily from: Singapore ($5.57M), Malaysia ($701k), China ($378k), United States ($601), and Australia ($562).

The fastest growing import markets in Hot-Rolled Iron Bars for Brunei between 2021 and 2022 were Singapore ($2.97M), Malaysia ($116k), and United States ($601).

Latest Trends

Jul 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 Hot-Rolled Iron Bars. 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)$3.21k
IMPORTS (2022)$6.65M
NET TRADE (2022)-$6.65M

In 2022, Brunei exported $3.21k in Hot-Rolled Iron Bars. The main destinations of Brunei exports on Hot-Rolled Iron Bars were Malaysia ($2.94k) and Norway ($276).

In 2022, Brunei imported $6.65M in Hot-Rolled Iron Bars, mainly from Singapore ($5.57M), Malaysia ($701k), China ($378k), United States ($601), and Australia ($562).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Brunei WERE (2021 - 2022):Norway$276 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Brunei WERE (2021 - 2022):Malaysia-$3.02k (-50.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Brunei's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Brunei's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

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

Hot-Rolled Iron Bars’s highest export potential is N/A. With an export gap of N/A.   Hot-Rolled Iron Bars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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