2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Brunei-Belgium Trade: In 2023, Brunei exported $316k to Belgium. The main products that Brunei exported to Belgium were Carboxyamide Compounds ($100k), Prepared Rubber Accelerators ($91.5k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($71.1k). Over the past 5 years the exports of Brunei to Belgium have increased at an annualized rate of 48%, from $44.5k in 2018 to $316k in 2023.

In 2023, Brunei did not export any services to Belgium.

Belgium-Brunei Trade: In 2023, Belgium exported $125M to Brunei. The main products that Belgium exported to Brunei were Vaccines, blood, antisera, toxins and cultures ($119M), Utility Meters ($1.03M), and Other Processed Vegetables ($564k). Over the past 5 years the exports of Belgium to Brunei have increased at an annualized rate of 82.6%,  from $6.18M in 2018 to $125M in 2023.

In 2023, Belgium did not export any services to Brunei.

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $316k to Belgium. The main products exported from Brunei to Belgium were Carboxyamide Compounds ($100k), Prepared Rubber Accelerators ($91.5k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($71.1k). During the last 5 years the exports of Brunei to Belgium have increased at an annualized rate of 48%, from $44.5k in 2018 to $316k in 2023.

In 2018, Belgium exported $125M to Brunei. The main products exported from Belgium to Brunei were Vaccines, blood, antisera, toxins and cultures ($119M), Utility Meters ($1.03M), and Other Processed Vegetables ($564k). During the last 5 years the exports of Belgium to Brunei have increased at an annualized rate of 82.6%, from $6.18M in 2023 to $125M in 2018.

Exports from Brunei (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to Brunei (Flag) (2023)

Latest Data

Trade between Brunei (Flag) and Belgium (Flag)

Brunei Exports

Belgium Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Belgium
Top Destination
France$85.6B

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

In 2023, countries that imported more from Brunei than Belgium included Singapore ($1.72B), Australia ($2.25B), and Christmas Island ($5.33k).

In 2023, countries that imported more from Belgium than Brunei included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

Difference in imports from Belgium (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Belgium

Flow
Scale

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

During 2023, Brunei had a large net trade with Belgium in the exports of Chemical Products ($263k), Machines ($38.4k), and Instruments ($13.9k).

During 2018, Belgium had a large net trade with Brunei in the exports of Chemical Products ($120M), Foodstuffs ($1.5M), and Machines ($1.32M).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Belgium (Flag) (2023)

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