2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Brunei-Turkey Trade: In 2022, Brunei exported $13.2k to Turkey. The main products that Brunei exported to Turkey were Transmissions ($4.82k), Motor vehicles; parts and accessories (8701 to 8705) ($2.4k), and Other Iron Products ($2.3k). Over the past 5 years the exports of Brunei to Turkey have decreased at an annualized rate of 42.7%, from $214k in 2017 to $13.2k in 2022.

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

Turkey-Brunei Trade: In 2022, Turkey exported $4.6M to Brunei. The main products that Turkey exported to Brunei were Iron Structures ($389k), Chocolate ($349k), and Seed Oils ($273k). Over the past 5 years the exports of Turkey to Brunei have increased at an annualized rate of 8.52%,  from $3.05M in 2017 to $4.6M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $13.2k to Turkey. The main products exported from Brunei to Turkey were Transmissions ($4.82k), Motor vehicles; parts and accessories (8701 to 8705) ($2.4k), and Other Iron Products ($2.3k). During the last 5 years the exports of Brunei to Turkey have decreased at an annualized rate of 42.7%, from $214k in 2017 to $13.2k in 2022.

In 2017, Turkey exported $4.6M to Brunei. The main products exported from Turkey to Brunei were Iron Structures ($389k), Chocolate ($349k), and Seed Oils ($273k). During the last 5 years the exports of Turkey to Brunei have increased at an annualized rate of 8.52%, from $3.05M in 2022 to $4.6M in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Turkey (Flag)

Brunei Exports

Turkey Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Turkey
Top Destination
Germany$21.9B

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

In 2022, countries that imported more from Brunei than Turkey included Australia ($2.66B), Japan ($2.32B), and Singapore ($1.97B).

In 2022, countries that imported more from Turkey than Brunei included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Brunei - Turkey

Flow
Scale

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

During 2022, Brunei had a large net trade with Turkey in the exports of Machines ($6.33k), Transportation ($2.4k), and Metals ($2.3k).

During 2017, Turkey had a large net trade with Brunei in the exports of Foodstuffs ($1.05M), Machines ($860k), and Metals ($517k).

Economic Complexity

Competitive Landscape

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

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

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