The trade surplus in Brunei narrowed 85.5 percent to BND 44.2 million in October 2019 from BND 304.0 million in the same month the prior year. It was the smallest monthly trade surplus since June, as exports slumped 10.0 percent year-on-year to BND 769.6 million whereas imports jumped 31.6 percent to BND 725.4 million. Considering January to October of the year, the trade surplus edged down to BND 2.58 billion from BND 2.75 billion in the same period of 2018, as exports grew 1.4 percent while imports rose at a faster 6.1 percent.
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.
Balance of Trade in Brunei is expected to be 229.70 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 210.70 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.