2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Brunei-Italy Trade: In 2023, Brunei exported $1.6M to Italy. The main products that Brunei exported to Italy were N/A. Over the past 5 years the exports of Brunei to Italy have increased at an annualized rate of 0.0064%, from $1.6M in 2018 to $1.6M in 2023.

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

Italy-Brunei Trade: In 2023, Italy exported $30.8M to Brunei. The main products that Italy exported to Brunei were Valves ($4.58M), Gas Turbines ($3.45M), and Packaged Medicaments ($3.25M). Over the past 5 years the exports of Italy to Brunei have decreased at an annualized rate of 1.2%,  from $32.7M in 2018 to $30.8M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $1.6M to Italy. There were not main exports from Brunei to Italy in 2023. During the last 5 years the exports of Brunei to Italy have increased at an annualized rate of 0.0064%, from $1.6M in 2018 to $1.6M in 2023.

In 2018, Italy exported $30.8M to Brunei. The main products exported from Italy to Brunei were Valves ($4.58M), Gas Turbines ($3.45M), and Packaged Medicaments ($3.25M). During the last 5 years the exports of Italy to Brunei have decreased at an annualized rate of 1.2%, from $32.7M in 2023 to $30.8M in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Italy (Flag)

Brunei Exports

Italy Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Italy
Top Destination
Germany$71.4B

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

In 2023, countries that imported more from Brunei than Italy included Christmas Island ($5.33k).

In 2023, countries that imported more from Italy than Brunei included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Brunei - Italy

Flow
Scale

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

During 2023, Brunei had a large net trade with Italy in the exports of Textiles ($809k), Chemical Products ($746k), and Miscellaneous ($14.9k).

During 2018, Italy had a large net trade with Brunei in the exports of Machines ($15.5M), Chemical Products ($4.35M), and Metals ($2.53M).

Economic Complexity

Competitive Landscape

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

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

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