Imports to Brunei rose by 47.5 percent year-on-year to BND 484.1 million in January 2019, boosted by machinery & transport equipment (82.2 percent); manufactured goods (5.6 percent); miscellaneous manufactured articles (56.5 percent); chemicals (196.4 percent); food (7.6 percent); mineral fuels (109.4 percent); and miscellaneous manufactured articles (20.5 percent). The most important import partners were: China (32.3 percent of total imports), Singapore (20.1 percent), Malaysia (15.6 percent), the US (6.3 percent) and Japan (5.3 percent). Imports in Brunei averaged 425.16 Million BND from 2005 until 2018, reaching an all time high of 1165.87 Million BND in September of 2008 and a record low of 205.70 Million BND in March of 2014.
Imports in Brunei is expected to be 390.10 Million BND by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Brunei to stand at 407.80 in 12 months time. In the long-term, the Brunei Imports is projected to trend around 469.85 Million BND in 2020, according to our econometric models.