2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Brunei-Philippines Trade: In 2022, Brunei exported $439M to Philippines. The main products that Brunei exported to Philippines were Refined Petroleum ($213M), Petroleum Gas ($190M), and Nitrogenous Fertilizers ($13M). Over the past 5 years the exports of Brunei to Philippines have increased at an annualized rate of 59.2%, from $43M in 2017 to $439M in 2022.

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

Philippines-Brunei Trade: In 2022, Philippines exported $138M to Brunei. The main products that Philippines exported to Brunei were Crude Petroleum ($115M), Coal Briquettes ($13.8M), and Sauces and Seasonings ($1.11M). Over the past 5 years the exports of Philippines to Brunei have increased at an annualized rate of 65.6%,  from $11.1M in 2017 to $138M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $439M to Philippines. The main products exported from Brunei to Philippines were Refined Petroleum ($213M), Petroleum Gas ($190M), and Nitrogenous Fertilizers ($13M). During the last 5 years the exports of Brunei to Philippines have increased at an annualized rate of 59.2%, from $43M in 2017 to $439M in 2022.

In 2017, Philippines exported $138M to Brunei. The main products exported from Philippines to Brunei were Crude Petroleum ($115M), Coal Briquettes ($13.8M), and Sauces and Seasonings ($1.11M). During the last 5 years the exports of Philippines to Brunei have increased at an annualized rate of 65.6%, from $11.1M in 2022 to $138M in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Philippines (Flag)

Brunei Exports

Philippines Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Brunei than Philippines included Australia ($2.66B), Burma ($113M), and Mozambique ($15.9M).

In 2022, countries that imported more from Philippines than Brunei included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Brunei - Philippines

Flow
Scale

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

During 2022, Brunei had a large net trade with Philippines in the exports of Mineral Products ($403M), Chemical Products ($26.8M), and Transportation ($6.07M).

During 2017, Philippines had a large net trade with Brunei in the exports of Mineral Products ($129M), Foodstuffs ($4.88M), and Footwear and Headwear ($1.03M).

Economic Complexity

Competitive Landscape

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

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

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