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2022
Exports $4.94BWorld Rnk 33 / 214
Flag Rnk 1 / 799
2022
Destination $712M Australia
2021 - 2022
FASTEST GROWING MARKET $712MAustralia
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $544MWorld Rnk 132 / 225
Flag Rnk 2 / 1116
2022
Origin $238M China
2021 - 2022
FASTEST GROWING ORIGIN $238MChina

About

Exports In 2022, Brunei exported $4.94B in Refined Petroleum, making it the 33rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Brunei. The main destination of Refined Petroleum exports from Brunei are: Australia ($1.63B), Singapore ($1.55B), Indonesia ($502M), Vietnam ($453M), and Malaysia ($449M).

The fastest growing export markets for Refined Petroleum of Brunei between 2021 and 2022 were Australia ($712M), Indonesia ($403M), and Vietnam ($337M).

Imports In 2022, Brunei imported $544M in Refined Petroleum, becoming the 132nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Brunei. Brunei imports Refined Petroleum primarily from: China ($321M), Singapore ($127M), Malaysia ($36.3M), United Arab Emirates ($28.9M), and Australia ($17.6M).

The fastest growing import markets in Refined Petroleum for Brunei between 2021 and 2022 were China ($238M), Singapore ($56.3M), and United Arab Emirates ($28.9M).

Latest Trends

Oct 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 Refined 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.94B
IMPORTS (2022)$544M
NET TRADE (2022)$4.4B

In 2022, Brunei exported $4.94B in Refined Petroleum. The main destinations of Brunei exports on Refined Petroleum were Australia ($1.63B), Singapore ($1.55B), Indonesia ($502M), Vietnam ($453M), and Malaysia ($449M).

In 2022, Brunei imported $544M in Refined Petroleum, mainly from China ($321M), Singapore ($127M), Malaysia ($36.3M), United Arab Emirates ($28.9M), and Australia ($17.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Brunei WERE (2021 - 2022):
Australia$712M (77.8%)
Indonesia$403M (405%)
Vietnam$337M (292%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Brunei WERE (2021 - 2022):
Singapore-$192M (-11%)
Japan-$85.6M (-100%)
China-$73.7M (-78.2%)
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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 Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Brunei's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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