Brunei's trade surplus narrowed 4.9 percent to BND 310.9 million in April 2020 from BND 327.0 million in the same month a year earlier. This was the smallest trade surplus since December last year, as exports fell by 2.8 percent year-on-year to BND 727.3 billion, mainly led by mineral fuels (-9.3 percent) and machinery and transport equipment (-72.3 percent). The highest share of exports went to Singapore, followed by Japan, Malaysia, and China. Meanwhile, imports dropped by 1.2 percent to BND 421.5 million, largely driven by machinery and transport equipment (-26.6 percent), manufactured goods (-51.4 percent), food (-23.4 percent). The highest share of imports came from China, followed by the US, Singapore, and Malaysia.

Balance of Trade in Brunei averaged 828 BND Million from 2005 until 2019, reaching an all time high of 2971.45 BND Million in September of 2008 and a record low of 34.10 BND Million in July of 2015. This page provides the latest reported value for - Brunei Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brunei Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Balance of Trade in Brunei is expected to be 180.00 BND Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Brunei to stand at 280.00 in 12 months time. In the long-term, the Brunei Balance of Trade is projected to trend around 140.65 BND Million in 2021 and 300.00 BND Million in 2022, according to our econometric models.

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Brunei Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
310.90 709.80 2971.45 34.10 2005 - 2020 BND Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-10 03:30 AM Jan BND588M BND210.3M BND177.9M
2020-05-01 05:30 AM Feb BND 731.7M BND588M BND 172M
2020-06-08 06:00 AM Mar BND709.8M BND 731.7M BND 390M
2020-07-08 12:30 AM Apr BND310.9M BND709.8M BND 150M
2020-08-13 01:00 AM May BND310.9M BND 120M
2020-09-14 01:00 AM Jun BND 180M
2020-10-13 01:00 AM Jul
2020-11-16 01:00 AM Aug


News Stream
Brunei Posts Smallest Trade Surplus in 4 Months
Brunei's trade surplus narrowed 4.9 percent to BND 310.9 million in April 2020 from BND 327.0 million in the same month a year earlier. This was the smallest trade surplus since December last year, as exports fell by 2.8 percent year-on-year to a seven-month low of BND 727.3 billion, mainly led by mineral fuels (-9.3 percent) and machinery and transport equipment (-72.3 percent). The highest share of exports went to Singapore, followed by Japan, Malaysia, and China. Meanwhile, imports dropped by 1.2 percent to BND 416.4 million, largely driven by machinery and transport equipment (-26.6 percent), manufactured goods (-40.4 percent), and food (-34.5 percent). The highest share of imports came from China, followed by the US, Singapore, and Malaysia.
2020-07-08
Brunei Trade Surplus Widens in March
Brunei's trade surplus widened 51 percent to BND 709.8 million in March 2020 from BND 470.2 million in the same month a year earlier. Exports surged 20.8 percent year-on-year to BND 1.06 billion, mainly led by mineral fuels (11.6 percent) and chemicals (3,430.8 percent). The highest share of exports went to Japan, followed by Singapore, China, and Australia. Meanwhile, imports fell by 13.8 percent to BND 353.3 million, largely driven by machinery transport equipment (-48.7 percent), manufactured goods (-51.4 percent), food (-23.4 percent). The highest share of imports came from the Singapore followed by China, Malaysia, and Indonesia.
2020-06-08
Brunei Trade Surplus Largest in 5 Years
Brunei's trade surplus narrowed 25.5 percent to BND 588.0 million in January 2020 from BND 468.5 million in the same month a year earlier. This was the largest trade surplus since January 2015, as exports grew 25.8 percent year-on-year to BND 1.20 billion, mainly led by mineral fuels (23.2 percent) and chemicals (138.3 percent). The highest share of exports went to Japan, followed by Singapore, China and Australia. Meanwhile, imports surged 26.8 percent to BND 608.8 million, largely driven by mineral fuels (524.9 percent). The highest share of imports came from China, followed by Singapore, Malaysia and South Africa.
2020-04-10
Brunei Trade Surplus Narrows
The trade surplus in Brunei narrowed 40% to BND 140.7 million in November 2019 from BND 234.5 million in the same month the prior year. Exports grew 44.5% yoy to BND 1.11 billion, while imports surged 81.4% BND 973.2 million. Considering January to November of the year, the trade surplus edged down to BND 2.72 billion from BND 2.98 billion in the same period 2018, as exports rose 5.5% while imports rose at a faster 14.1%.
2020-02-21

Brunei Balance of Trade
As an oil producer, Brunei has been able to run consistent trade surpluses despite having to import most of what it consumes. Oil and natural gas account for almost 90 percent of Brunei’s exports. Other exports include machinery and transport equipment and chemicals. Brunei mainly imports machinery and transport equipment, manufactured goods, food, fuels and lubricants, chemical products, and miscellaneous manufactured articles. Brunei’s main trading partners are Japan, Malaysia, Singapore, South Korea, India, China, Australia, the United States and Thailand.