Exports from Brunei fell by 9.9 percent year-on-year to BND 686.7 million in August 2019, with sales of mineral fuels declining 10.2 percent, namely crude oil (-1.2 percent) and LNG (-17.4 percent). Japan was the largest export partner (30.1 percent of total sales), followed by Australia (22.5 percent), Malaysia (16.1 percent), Vietnam (8 percent) and Singapore (6.2 percent). Exports in Brunei averaged 1259.14 Million BND from 2005 until 2019, reaching an all time high of 4137.32 Million BND in September of 2008 and a record low of 491.10 Million BND in August of 2016.
Exports in Brunei is expected to be 690.00 Million BND by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Brunei to stand at 770.00 in 12 months time. In the long-term, the Brunei Exports is projected to trend around 950.00 Million BND in 2020, according to our econometric models.