2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186

About

Italy-Brunei Trade: In 2022, Italy exported $29.5M to Brunei. The main products that Italy exported to Brunei were Gas Turbines ($3.53M), Broadcasting Equipment ($2.86M), and Glass Bricks ($2.69M). Over the past 5 years the exports of Italy to Brunei have increased at an annualized rate of 2.96%, from $25.5M in 2017 to $29.5M in 2022.

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

Brunei-Italy Trade: In 2022, Brunei exported $3.02M to Italy. The main products that Brunei exported to Italy were Other Organo-Inorganic Compounds ($661k), Knit Men's Suits ($352k), and Knit Men's Shirts ($318k). Over the past 5 years the exports of Brunei to Italy have increased at an annualized rate of 13.4%,  from $1.61M in 2017 to $3.02M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $29.5M to Brunei. The main products exported from Italy to Brunei were Gas Turbines ($3.53M), Broadcasting Equipment ($2.86M), and Glass Bricks ($2.69M). During the last 5 years the exports of Italy to Brunei have increased at an annualized rate of 2.96%, from $25.5M in 2017 to $29.5M in 2022.

In 2017, Brunei exported $3.02M to Italy. The main products exported from Brunei to Italy were Other Organo-Inorganic Compounds ($661k), Knit Men's Suits ($352k), and Knit Men's Shirts ($318k). During the last 5 years the exports of Brunei to Italy have increased at an annualized rate of 13.4%, from $1.61M in 2022 to $3.02M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Brunei
Top Destination
Australia$2.66B

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

In 2022, countries that imported more from Italy than Brunei included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Brunei than Italy included Burma ($113M), Curaçao ($9.25M), and Christmas Island ($44.5k).

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

Comparative Advantage Italy - Brunei

Flow
Scale

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

During 2022, Italy had a large net trade with Brunei in the exports of Machines ($15.9M), Stone And Glass ($2.9M), and Foodstuffs ($1.77M).

During 2017, Brunei had a large net trade with Italy in the exports of Textiles ($1.8M), Chemical Products ($1.11M), and Machines ($101k).

Economic Complexity

Competitive Landscape

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

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

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