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2023
Flag → Flag
Exports $1.72BRnk 4 / 120
2023
Flag → Flag
Top Product $1.28BRefined Petroleum
2023
Flag → Flag
Exports $483MRnk 47 / 217
2023
Flag → Flag
Top Product $87.8MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 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$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Brunei-Singapore Trade: In 2023, Brunei exported $1.72B to Singapore. The main products that Brunei exported to Singapore were Refined Petroleum ($1.28B), Crude Petroleum ($334M), and Motor vehicles; parts and accessories (8701 to 8705) ($18.6M). Over the past 5 years the exports of Brunei to Singapore have increased at an annualized rate of 23.6%, from $595M in 2018 to $1.72B in 2023.

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

Singapore-Brunei Trade: In 2023, Singapore exported $483M to Brunei. The main products that Singapore exported to Brunei were Gas Turbines ($87.8M), Other Steel Bars ($46.8M), and Packaged Medicaments ($26M). Over the past 5 years the exports of Singapore to Brunei have decreased at an annualized rate of 7.33%,  from $707M in 2018 to $483M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $1.72B to Singapore. The main products exported from Brunei to Singapore were Refined Petroleum ($1.28B), Crude Petroleum ($334M), and Motor vehicles; parts and accessories (8701 to 8705) ($18.6M). During the last 5 years the exports of Brunei to Singapore have increased at an annualized rate of 23.6%, from $595M in 2018 to $1.72B in 2023.

In 2018, Singapore exported $483M to Brunei. The main products exported from Singapore to Brunei were Gas Turbines ($87.8M), Other Steel Bars ($46.8M), and Packaged Medicaments ($26M). During the last 5 years the exports of Singapore to Brunei have decreased at an annualized rate of 7.33%, from $707M in 2023 to $483M in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Singapore (Flag)

Brunei Exports

Singapore Exports

Market Competitiveness

Color
Brunei
Top DestinationAustralia$2.25B
Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Brunei than Singapore included Curaçao ($6.34M) and North Korea ($1).

In 2023, countries that imported more from Singapore than Brunei included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Brunei - Singapore

Flow
Scale

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

During 2023, Brunei had a large net trade with Singapore in the exports of Mineral Products ($1.62B), Chemical Products ($22.7M), and Transportation ($20.4M).

During 2018, Singapore had a large net trade with Brunei in the exports of Machines ($180M), Metals ($84.7M), and Chemical Products ($72.6M).

Economic Complexity

Competitive Landscape

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

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

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