Brunei's trade surplus dropped to BND 128.3 million in October 2022 from BND 360.4 million in the same month a year ago. This was the 21st straight month of trade gains but the smallest figures since April 2021, as exports fell while imports soared. Sales shrank 2.5% from a year earlier to BND 1,302.9 million, largely due to lower shipments of mineral fuels. The highest share of exports went to China, accounting for 25.7% of the total, Australia (18.4%), Japan (17.6%), Singapore (15.6%), and Indonesia (8.8%). Meanwhile, imports jumped 10.4% to BND 1,174.6 million, mainly led by mineral fuels, machinery & transport equipment, and food. The highest share of imports came from the UAE (37.4% of the total), Malaysia(23.8%), Qatar (12.3%), China (7.0%), and Australia (5.7%). Considering the first ten months of the year, the trade surplus climbed to BND 6,251.0 million from BND 3,377.5 million in the same period in 2021, with exports increasing 41.6% while imports expanded 35.7%. source: Department of Economic Planning and Development, Brunei
Balance of Trade in Brunei averaged 705.17 BND Million from 2005 until 2022, reaching an all time high of 2971.45 BND Million in September of 2008 and a record low of -394.20 BND Million in October of 2020. 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 February of 2023.