2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

Canada-Brunei Trade: In 2023, Canada exported $6.27M to Brunei. The main products that Canada exported to Brunei were Soybeans ($599k), Centrifuges ($597k), and Valves ($593k). Over the past 5 years the exports of Canada to Brunei have decreased at an annualized rate of 4.11%, from $7.73M in 2018 to $6.27M in 2023.

In 2020, Canada exported services to Brunei worth $0, with being the largest in terms of value.

Brunei-Canada Trade: In 2023, Brunei exported $1.85M to Canada. The main products that Brunei exported to Canada were Nitrogen Heterocyclic Compounds ($564k), Fish Oil ($369k), and Aircraft parts (gliders, balloons, and powered aircraft) ($286k). Over the past 5 years the exports of Brunei to Canada have decreased at an annualized rate of 22.5%,  from $6.59M in 2018 to $1.85M in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $6.27M to Brunei. The main products exported from Canada to Brunei were Soybeans ($599k), Centrifuges ($597k), and Valves ($593k). During the last 5 years the exports of Canada to Brunei have decreased at an annualized rate of 4.11%, from $7.73M in 2018 to $6.27M in 2023.

In 2018, Brunei exported $1.85M to Canada. The main products exported from Brunei to Canada were Nitrogen Heterocyclic Compounds ($564k), Fish Oil ($369k), and Aircraft parts (gliders, balloons, and powered aircraft) ($286k). During the last 5 years the exports of Brunei to Canada have decreased at an annualized rate of 22.5%, from $6.59M in 2023 to $1.85M in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from Canada than Brunei included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Brunei than Canada included Burma ($13.3M) and Christmas Island ($5.33k).

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

Comparative Advantage Canada - Brunei

Flow
Scale

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

During 2023, Canada had a large net trade with Brunei in the exports of Machines ($3M), Vegetable Products ($660k), and Instruments ($477k).

During 2018, Brunei had a large net trade with Canada in the exports of Chemical Products ($601k), Animal and Vegetable Bi-Products ($369k), and Transportation ($294k).

Economic Complexity

Competitive Landscape

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

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

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