2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 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
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Brunei-Israel Trade: In 2023, Brunei exported $560k to Israel. The main products that Brunei exported to Israel were Cranes ($299k), Other Esters ($174k), and Carboxylic Acids ($47k). Over the past 5 years the exports of Brunei to Israel have increased at an annualized rate of 70.2%, from $39.2k in 2018 to $560k in 2023.

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

Israel-Brunei Trade: In 2023, Israel exported $398 to Brunei. The main products that Israel exported to Brunei were Other Plastic Products ($259), Motor vehicles; parts and accessories (8701 to 8705) ($66), and Hair Products ($26). Over the past 5 years the exports of Israel to Brunei have decreased at an annualized rate of 59.3%,  from $35.5k in 2018 to $398 in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $560k to Israel. The main products exported from Brunei to Israel were Cranes ($299k), Other Esters ($174k), and Carboxylic Acids ($47k). During the last 5 years the exports of Brunei to Israel have increased at an annualized rate of 77.6%, from $5.46M in 2018 to $560k in 2023.

In 2018, Israel exported $398 to Brunei. The main products exported from Israel to Brunei were Other Plastic Products ($259), Motor vehicles; parts and accessories (8701 to 8705) ($66), and Hair Products ($26). During the last 5 years the exports of Israel to Brunei have decreased at an annualized rate of 2.95%, from $25M in 2023 to $398 in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Israel (Flag)

Brunei Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Brunei than Israel included Australia ($2.25B), Singapore ($1.72B), and Malaysia ($638M).

In 2023, countries that imported more from Israel than Brunei included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Brunei - Israel

Flow
Scale

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

During 2023, Brunei had a large net trade with Israel in the exports of Machines ($300k), Chemical Products ($221k), and Textiles ($39k).

During 2018, Israel had a large net trade with Brunei in the exports of Plastics and Rubbers ($259), Transportation ($91), and Chemical Products ($48).

Economic Complexity

Competitive Landscape

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

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

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