2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Brunei-Iran Trade: In 2022, Brunei exported $43 to Iran. The main products that Brunei exported to Iran were Textile Footwear ($36) and Bi-Wheel Vehicle Parts ($7). Over the past 15 years the exports of Brunei to Iran have decreased at an annualized rate of 25.3%, from $3.39k in 2007 to $43 in 2022.

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

Iran-Brunei Trade: In 2022, Iran exported $238k to Brunei. The main products that Iran exported to Brunei were Hand-Woven Rugs ($62.7k), Laboratory Reagents ($35.4k), and Dried Fruits ($23.3k). Over the past 15 years the exports of Iran to Brunei have increased at an annualized rate of 1.39%,  from $222k in 2007 to $238k in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $43 to Iran. The main products exported from Brunei to Iran were Textile Footwear ($36) and Bi-Wheel Vehicle Parts ($7). During the last 15 years the exports of Brunei to Iran have decreased at an annualized rate of 25.3%, from $3.39k in 2007 to $43 in 2022.

In 2017, Iran exported $238k to Brunei. The main products exported from Iran to Brunei were Hand-Woven Rugs ($62.7k), Laboratory Reagents ($35.4k), and Dried Fruits ($23.3k). During the last 5 years the exports of Iran to Brunei have increased at an annualized rate of 1.39%, from $222k in 2022 to $238k in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Iran (Flag)

Brunei Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Brunei than Iran included Australia ($2.66B), Japan ($2.32B), and Singapore ($1.97B).

In 2022, countries that imported more from Iran than Brunei included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Brunei - Iran

Flow
Scale

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

During 2022, Brunei had a large net trade with Iran in the exports of Footwear and Headwear ($36) and Transportation ($7).

During 2017, Iran had a large net trade with Brunei in the exports of Textiles ($71.8k), Vegetable Products ($50.3k), and Chemical Products ($36.4k).

Economic Complexity

Competitive Landscape

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

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

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