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.
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.
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).
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.
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.