2022
Exports
$11.1BWorld Rnk 45 / 216
Flag Rnk 1 / 93
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$5.76BWorld Rnk 69 / 225
Flag Rnk 1 / 96

About

Exports In 2022, Brunei exported $11.1B in Mineral fuels, mineral oils and products of their distillation, making it the 45th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Brunei. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Brunei are: Australia ($2.62B), Japan ($2.27B), Singapore ($1.88B), Malaysia ($1.3B), and Indonesia ($574M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Brunei between 2021 and 2022 were Australia ($1.09B), Malaysia ($800M), and Indonesia ($475M).

Imports In 2022, Brunei imported $5.76B in Mineral fuels, mineral oils and products of their distillation, becoming the 69th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Brunei. Brunei imports Mineral fuels, mineral oils and products of their distillation primarily from: Malaysia ($1.23B), United Arab Emirates ($964M), Kazakhstan ($540M), Qatar ($523M), and Saudi Arabia ($340M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Brunei between 2021 and 2022 were United Arab Emirates ($808M), Qatar ($460M), and Malaysia ($283M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Mineral fuels, mineral oils and products of their distillation. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.1B
IMPORTS (2022)$5.76B
NET TRADE (2022)$5.36B

In 2022, Brunei exported $11.1B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Brunei exports on Mineral fuels, mineral oils and products of their distillation were Australia ($2.62B), Japan ($2.27B), Singapore ($1.88B), Malaysia ($1.3B), and Indonesia ($574M).

In 2022, Brunei imported $5.76B in Mineral fuels, mineral oils and products of their distillation, mainly from Malaysia ($1.23B), United Arab Emirates ($964M), Kazakhstan ($540M), Qatar ($523M), and Saudi Arabia ($340M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Brunei WERE (2021 - 2022):
Australia$1.09B (70.6%)
Malaysia$800M (162%)
Indonesia$475M (477%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Brunei WERE (2021 - 2022):
Singapore-$315M (-14.4%)
China-$248M (-47.1%)
India-$179M (-39.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Brunei's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Brunei's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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