2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186

About

Australia-Brunei Trade: In 2022, Australia exported $388M to Brunei. The main products that Australia exported to Brunei were Crude Petroleum ($303M), Frozen Bovine Meat ($18.1M), and Refined Petroleum ($17.6M). Over the past 5 years the exports of Australia to Brunei have increased at an annualized rate of 58.4%, from $38.9M in 2017 to $388M in 2022.

In 2009, Australia exported services to Brunei worth $48.3M, with Travel ($28.5M), Transportation ($16.6M), and Other business services ($2.38M) being the largest in terms of value.

Brunei-Australia Trade: In 2022, Brunei exported $2.66B to Australia. The main products that Brunei exported to Australia were Refined Petroleum ($1.63B), Crude Petroleum ($998M), and Nitrogenous Fertilizers ($33.4M). Over the past 5 years the exports of Brunei to Australia have increased at an annualized rate of 68.1%,  from $198M in 2017 to $2.66B in 2022.

In 2022, Brunei did not export any services to Australia.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $388M to Brunei. The main products exported from Australia to Brunei were Crude Petroleum ($303M), Frozen Bovine Meat ($18.1M), and Refined Petroleum ($17.6M). During the last 5 years the exports of Australia to Brunei have increased at an annualized rate of 58.4%, from $38.9M in 2017 to $388M in 2022.

In 2017, Brunei exported $2.66B to Australia. The main products exported from Brunei to Australia were Refined Petroleum ($1.63B), Crude Petroleum ($998M), and Nitrogenous Fertilizers ($33.4M). During the last 5 years the exports of Brunei to Australia have increased at an annualized rate of 68.1%, from $198M in 2022 to $2.66B in 2017.

Exports from Australia (Flag) to Brunei (Flag) (2022)

Exports from Brunei (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Brunei (Flag)

Australia Exports

Brunei Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Brunei
Top Destination
Australia$2.66B

This map shows whether countries import more from Australia or Brunei. Each country is colored based on the difference in imports they receive from Australia and Brunei or the difference in the growth in imports.

In 2022, countries that imported more from Australia than Brunei included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Brunei than Australia included Curaçao ($9.25M), Burma ($113M), and North Korea ($110).

Difference in imports from Brunei (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Brunei

Flow
Scale

This chart compares trade between Australia and Brunei by product, considering products traded by both, Australia and Brunei.

During 2022, Australia had a large net trade with Brunei in the exports of Mineral Products ($320M), Animal Products ($46.5M), and Foodstuffs ($5.88M).

During 2017, Brunei had a large net trade with Australia in the exports of Mineral Products ($2.62B), Chemical Products ($33.4M), and Animal Products ($1.91M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Brunei. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Brunei. Similarly, a dot/product with the flag of Brunei indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Brunei (Flag) (2022)

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