2023
Flag  
GDP
$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 13 / 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 
$4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH
81.5%CURRENT US$
Rnk 15 / 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

Vietnam-Brunei Trade: In 2023, Vietnam exported $93.4M to Brunei. The main products that Vietnam exported to Brunei were Crude Petroleum ($58.7M), Cement ($7.53M), and Hot-Rolled Iron ($3.45M). Over the past 5 years the exports of Vietnam to Brunei have increased at an annualized rate of 32.4%, from $22.9M in 2018 to $93.4M in 2023.

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

Brunei-Vietnam Trade: In 2023, Brunei exported $174M to Vietnam. The main products that Brunei exported to Vietnam were Petroleum Gas ($98.2M), Nitrogenous Fertilizers ($44.9M), and Refined Petroleum ($16M). Over the past 5 years the exports of Brunei to Vietnam have increased at an annualized rate of 36.4%,  from $36.9M in 2018 to $174M in 2023.

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

Comparison In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067),  and 15 in total exports ($424B). 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, Vietnam exported $93.4M to Brunei. The main products exported from Vietnam to Brunei were Crude Petroleum ($58.7M), Cement ($7.53M), and Hot-Rolled Iron ($3.45M). During the last 5 years the exports of Vietnam to Brunei have increased at an annualized rate of 32.4%, from $22.9M in 2018 to $93.4M in 2023.

In 2018, Brunei exported $174M to Vietnam. The main products exported from Brunei to Vietnam were Petroleum Gas ($98.2M), Nitrogenous Fertilizers ($44.9M), and Refined Petroleum ($16M). During the last 5 years the exports of Brunei to Vietnam have increased at an annualized rate of 36.4%, from $36.9M in 2023 to $174M in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Brunei (Flag)

Brunei Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$118B
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from Vietnam than Brunei included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Brunei than Vietnam included South Korea ($301M), Curaçao ($6.34M), and Zambia ($6.91M).

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

Comparative Advantage Vietnam - Brunei

Flow
Scale

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

During 2023, Vietnam had a large net trade with Brunei in the exports of Mineral Products ($66.6M), Metals ($9.06M), and Foodstuffs ($3.01M).

During 2018, Brunei had a large net trade with Vietnam in the exports of Mineral Products ($114M), Chemical Products ($57.9M), and Instruments ($1.23M).

Economic Complexity

Competitive Landscape

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

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

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