2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 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
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Brunei-Iran Trade: In 2023, Brunei exported $484 to Iran. The main products that Brunei exported to Iran were Documents of title (bonds etc) and unused stamps ($484). Over the past 15 years the exports of Brunei to Iran have decreased at an annualized rate of 6.66%, from $1.36k in 2008 to $484 in 2023.

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

Iran-Brunei Trade: In 2023, Iran exported $285k to Brunei. The main products that Iran exported to Brunei were Tufted Carpets ($134k), Tropical Fruits ($33k), and Cheese ($22.8k). Over the past 15 years the exports of Iran to Brunei have increased at an annualized rate of 12.2%,  from $160k in 2008 to $285k in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $484 to Iran. The main products exported from Brunei to Iran were Documents of title (bonds etc) and unused stamps ($484). During the last 15 years the exports of Brunei to Iran have decreased at an annualized rate of 6.66%, from $1.36k in 2008 to $484 in 2023.

In 2018, Iran exported $285k to Brunei. The main products exported from Iran to Brunei were Tufted Carpets ($134k), Tropical Fruits ($33k), and Cheese ($22.8k). During the last 5 years the exports of Iran to Brunei have increased at an annualized rate of 12.2%, from $160k in 2023 to $285k in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Iran (Flag)

Brunei Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Iran
Top Destination
China$4.59B

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 2023, countries that imported more from Brunei than Iran included Australia ($2.25B), Japan ($1.86B), and Singapore ($1.72B).

In 2023, countries that imported more from Iran than Brunei included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

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

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 2023, Brunei had a large net trade with Iran in the exports of Paper Goods ($484).

During 2018, Iran had a large net trade with Brunei in the exports of Textiles ($151k), Vegetable Products ($55.9k), and Animal Products ($25.7k).

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) (2023)

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