Flag Brunei

2019
Product
Exports | Imports
: $7B | $5.04B, 103 of 225 |  136 of 225

2019
Per Capita Product
Exports | Imports
: $16.2k | $11.6k, 20 of 219 |  55 of 219

2016
Service
Exports | Imports
: $528M | $1.46B, 121 of 152 | 103 of 152

Exports: The top exports of Brunei are Petroleum Gas ($3.23B), Crude Petroleum ($2.7B), Refined Petroleum ($361M), Acyclic Alcohols ($161M), and Cyclic Hydrocarbons ($49.9M), exporting mostly to Japan ($2.37B), Australia ($822M), Singapore ($686M), India ($565M), and Malaysia ($563M).

Imports: The top imports of Brunei are Crude Petroleum ($974M), Refined Petroleum ($390M), Cars ($199M), Tug Boats ($119M), and Valves ($103M), importing mostly from Singapore ($906M), China ($678M), Malaysia ($622M), Nigeria ($253M), and United Arab Emirates ($247M).

In 2019, Brunei was the world's biggest importer of Non-Petroleum Gas ($83.1M)

Location: Brunei borders Malaysia by land.

Yearly Exports

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Value
Depth

Top Export (2019): Petroleum Gas, $3.23B

Top Destination (2019): Japan, $2.37B

In 2019, Brunei exported a total of $7B, making it the number 103 exporter in the world. During the last five reported years the exports of Brunei have changed by -$3.54B from $10.5B in 2014 to $7B in 2019.

The most recent exports are led by Petroleum Gas ($3.23B), Crude Petroleum ($2.7B), Refined Petroleum ($361M), Acyclic Alcohols ($161M), and Cyclic Hydrocarbons ($49.9M). The most common destination for the exports of Brunei are Japan ($2.37B), Australia ($822M), Singapore ($686M), India ($565M), and Malaysia ($563M).

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Yearly Imports

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Value
Depth

Top Import (2019): Crude Petroleum, $974M

Top Origin (2019): Singapore, $906M

In 2019 Brunei imported $5.04B, making it the number 136 trade destination in the world. During the last five reported years the imports of Brunei changed by $62.3M from $4.97B in 2014 to $5.04B in 2019.

The most recent imports of Brunei are led by Crude Petroleum ($974M), Refined Petroleum ($390M), Cars ($199M), Tug Boats ($119M), and Valves ($103M). The most common import partners for Brunei are Singapore ($906M), China ($678M), Malaysia ($622M), Nigeria ($253M), and United Arab Emirates ($247M).

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Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

Brunei Exports Services (2016): $528M

Brunei Imports Services (2016): $1.46B

In 2016, Brunei exported $528M worth of services. The top services exported by Brunei in 2016 were Transportation ($346M), Travel ($144M), Government services, n.i.e. ($21.7M), Other business services ($15.5M), and Insurance services ($1.4M).

The top services imported by Brunei in 2016 were Other business services ($659M), Travel ($499M), Transportation ($213M), Government services, n.i.e. ($29M), and Construction services ($26.4M).

Economic Complexity

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Most Specialized Products by RCA Index

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Brunei has a high level of specialization in Petroleum Gas (27.9), Acyclic Alcohols (13.6), Cranes (8.67), String Instruments (7.59), and Crude Petroleum (7.07). Specialization is measured using RCA, an index that takes the ratio between Brunei observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Brunei according to the product complexity index (PCI) are Organo-inorganic compounds, nes (1.56), Tungsten (wolfram) and articles, waste or scrap (1.36), Pulley tackle, hoists, winches, capstans and jacks (0.71), Cyclic hydrocarbons (0.71), and Carboxyamid-function compounds (0.52). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Brunei according to the relatedness index, are Special Purpose Ships (0.031), Sulphur (0.031), Aircraft Launch Gear (0.03), Phosphides (0.03), and Prints (0.03). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Brunei is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.