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

About

Brunei-Australia In 2022, Brunei exported $2.66B to Australia. The main products that Brunei exported to Australia are Refined Petroleum ($1.63B), Crude Petroleum ($998M), and Nitrogenous Fertilizers ($33.4M). During the last 27 years the exports of Brunei to Australia have increased at an annualized rate of 21.4%, from $14M in 1995 to $2.66B in 2022.

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

Australia-Brunei 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). During the last 27 years the exports of Australia to Brunei have increased at an annualized rate of 8.1%, from $47.3M in 1995 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.

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of Brunei to Australia have increased at an annualized rate of 21.4%, from $14M in 1995 to $2.66B in 2022.

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 27 years the exports of Australia to Brunei have increased at an annualized rate of 8.1%, from $47.3M in 1995 to $388M in 2022.

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

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

Latest Data

Trade between Brunei (Flag) and Australia (Flag)

Brunei Exports

Australia Exports

Market Competitiveness

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

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

In 2021, countries that imported more from Brunei than Australia were Curaçao ($9.25M), Burma ($113M), and North Korea ($110).

In 2021, countries that imported more from Australia than Brunei were China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Brunei - Australia

Flow
Scale

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

During 2022, 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).

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).

Service Trade

Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Australia (Flag) to Brunei (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brunei has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over Brunei.

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

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