2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Brunei-Italy Trade: In 2022, Brunei exported $3.02M to Italy. The main products that Brunei exported to Italy were Other Organo-Inorganic Compounds ($661k), Knit Men's Suits ($352k), and Knit Men's Shirts ($318k). Over the past 5 years the exports of Brunei to Italy have increased at an annualized rate of 13.4%, from $1.61M in 2017 to $3.02M in 2022.

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

Italy-Brunei Trade: In 2022, Italy exported $29.5M to Brunei. The main products that Italy exported to Brunei were Gas Turbines ($3.53M), Broadcasting Equipment ($2.86M), and Glass Bricks ($2.69M). Over the past 5 years the exports of Italy to Brunei have increased at an annualized rate of 2.96%,  from $25.5M in 2017 to $29.5M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $3.02M to Italy. The main products exported from Brunei to Italy were Other Organo-Inorganic Compounds ($661k), Knit Men's Suits ($352k), and Knit Men's Shirts ($318k). During the last 5 years the exports of Brunei to Italy have increased at an annualized rate of 13.4%, from $1.61M in 2017 to $3.02M in 2022.

In 2017, Italy exported $29.5M to Brunei. The main products exported from Italy to Brunei were Gas Turbines ($3.53M), Broadcasting Equipment ($2.86M), and Glass Bricks ($2.69M). During the last 5 years the exports of Italy to Brunei have increased at an annualized rate of 2.96%, from $25.5M in 2022 to $29.5M in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Italy (Flag)

Brunei Exports

Italy Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Italy
Top Destination
Germany$78.5B

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 2022, countries that imported more from Brunei than Italy included Burma ($113M), Curaçao ($9.25M), and Christmas Island ($44.5k).

In 2022, countries that imported more from Italy than Brunei included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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 2022, Brunei had a large net trade with Italy in the exports of Textiles ($1.8M), Chemical Products ($1.11M), and Machines ($101k).

During 2017, Italy had a large net trade with Brunei in the exports of Machines ($15.9M), Stone And Glass ($2.9M), and Foodstuffs ($1.77M).

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) (2022)

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