2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 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
$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195

About

Brunei-Serbia Trade: In 2023, Brunei exported $16.3k to Serbia. The main products that Brunei exported to Serbia were Rubber Footwear ($5.73k), Non-Knit Women's Coats ($1.88k), and Knit T-shirts ($1.72k). Over the past 5 years the exports of Brunei to Serbia have increased at an annualized rate of 128%, from $264 in 2018 to $16.3k in 2023.

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

Serbia-Brunei Trade: In 2023, Serbia exported $115k to Brunei. The main products that Serbia exported to Brunei were Valves ($102k), Motor vehicles; parts and accessories (8701 to 8705) ($3.45k), and Liquid Pumps ($2.45k). Over the past 5 years the exports of Serbia to Brunei have increased at an annualized rate of 64.3%,  from $9.61k in 2018 to $115k in 2023.

In 2009, Serbia exported services to Brunei worth $11.5k, with Personal, cultural, and recreational services ($4.91k), Travel ($3.49k), and Compensation of employees ($3.1k) being the largest in terms of value.

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $16.3k to Serbia. The main products exported from Brunei to Serbia were Rubber Footwear ($5.73k), Non-Knit Women's Coats ($1.88k), and Knit T-shirts ($1.72k). During the last 5 years the exports of Brunei to Serbia have increased at an annualized rate of 128%, from $264 in 2018 to $16.3k in 2023.

In 2018, Serbia exported $115k to Brunei. The main products exported from Serbia to Brunei were Valves ($102k), Motor vehicles; parts and accessories (8701 to 8705) ($3.45k), and Liquid Pumps ($2.45k). During the last 5 years the exports of Serbia to Brunei have increased at an annualized rate of 64.3%, from $9.61k in 2023 to $115k in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Serbia (Flag)

Serbia Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Serbia
Top Destination
Germany$4.76B

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

In 2023, countries that imported more from Brunei than Serbia included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

In 2023, countries that imported more from Serbia than Brunei included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

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

Comparative Advantage Brunei - Serbia

Flow
Scale

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

During 2023, Brunei had a large net trade with Serbia in the exports of Textiles ($7.95k), Footwear and Headwear ($6.6k), and Metals ($1.1k).

During 2018, Serbia had a large net trade with Brunei in the exports of Machines ($107k), Transportation ($3.45k), and Plastics and Rubbers ($2.37k).

Economic Complexity

Competitive Landscape

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

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

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