Iron & steel in Brunei | The Observatory of Economic Complexity

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Exports In 2023, Brunei exported $8.52M in Iron & steel, making it the 150th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 14th most exported product in Brunei. The main destination of Iron & steel exports from Brunei are: Singapore ($5.85M), Malaysia ($2.25M), India ($234k), Chinese Taipei ($180k), and Netherlands ($2.97k).

The fastest growing export markets for Iron & steel of Brunei between 2022 and 2023 were Malaysia ($601k), Singapore ($264k), and India ($234k).

Imports In 2023, Brunei imported $95.3M in Iron & steel, becoming the 137th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Brunei. Brunei imports Iron & steel primarily from: Singapore ($60.4M), China ($18.8M), Malaysia ($4.31M), Vietnam ($3.65M), and South Korea ($2.68M).

The fastest growing import markets in Iron & steel for Brunei between 2022 and 2023 were Singapore ($40.6M), Malaysia ($1.68M), and Australia ($513k).

Dec 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 Iron & steel. Countries are shown based on data availability.

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

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Year

EXPORTS (2023)$8.52M

IMPORTS (2023)$95.3M

NET TRADE (2023)-$86.8M

In 2023, Brunei exported $8.52M in Iron & steel. The main destinations of Brunei exports on Iron & steel were Singapore ($5.85M), Malaysia ($2.25M), India ($234k), Chinese Taipei ($180k), and Netherlands ($2.97k).

In 2023, Brunei imported $95.3M in Iron & steel, mainly from Singapore ($60.4M), China ($18.8M), Malaysia ($4.31M), Vietnam ($3.65M), and South Korea ($2.68M).