Brunei's trade surplus narrowed sharply to BND 84.1 million in April 2021 from BND 310.9 million in the same month a year earlier. This was the smallest trade surplus in three months, amid a sharp jump in imports. Outbound shipments increased 56.6% year-on-year to BND 1,136.6 million, with sales mainly rising for mineral fuels (34.1%), and chemicals (190%). The highest share of exports went to Singapore, accounting for 31.9%, China (24.5%), and Japan (15.9%). Meanwhile, imports jumped 153.2% to BND 1,054.5 million. Purchases mainly grew for mineral fuels (528.8%), and miscellaneous manufactured articles (57%). The highest share of imports came from Singapore, accounting for 29.4%, Malaysia (25.2%), and Saudi Arabia (10%). Considering the first four months of the year the trade surplus slumped to BND 772.8 million from BND 2,340.4 in the same period of 2020, as exports fell by 5.1 percent while imports climbed 76.9%. source: Department of Economic Planning and Development, Brunei
Balance of Trade in Brunei averaged 734.76 BND Million from 2005 until 2021, 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 July of 2021.
Balance of Trade in Brunei is expected to be 280.00 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 300.00 in 12 months time. In the long-term, the Brunei Balance of Trade is projected to trend around 300.00 BND Million in 2022, according to our econometric models.