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.

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Brunei Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
84.10 639.00 2971.45 -394.20 2005 - 2021 BND Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-12 04:00 AM Jan BND-52.8M BND84.4M BND90M
2021-05-25 03:30 AM Feb BND102.5M BND-52.8M BND40M
2021-06-14 04:00 AM Mar BND639M BND102.5M
2021-07-16 05:00 AM Apr BND84.1M BND639M
2021-08-14 12:30 AM May BND84.1M
2021-09-12 01:30 AM Jun
2021-10-15 01:30 AM Jul
2021-11-17 01:00 AM Aug


News Stream
Brunei Trade Surplus Plunges in April
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%.
2021-07-16
Brunei Trade Surplus Narrows in March
Brunei's trade surplus narrowed to BND 639 million in March 2021 from BND 709.8 million a year earlier, as exports rose less than imports. Outbound shipments increased 9.3% year-on-year to BND 1,162.3 million, amid deteriorating global demand due to the COVID-19 crisis. Sales mainly grew for mineral fuels (2.9%), chemicals (45.8%). The highest share of exports went to Singapore, accounting for 31.1%, and China (19.9%). Meanwhile, imports jumped 48.1% to BND 523.3 million. Purchases mainly increased for mineral fuels (61.3), and machinery and transport equipment (40.3%). The highest share of imports came from the Malaysia, accounting for 24.9%, Russia (19.0%), and Australia (12.5%).
2021-06-14
Brunei Trade Surplus Narrows in February
Brunei's trade surplus narrowed sharply to BND 102.5 million in February 2021 from BND 731.7 million a year earlier, as exports tumbled while imports jumped. Outbound shipments plunged 15.3% year-on-year to BND 949.3 million, amid deteriorating global demand due to the COVID-19 crisis. Sales mainly slumped for mineral fuels (-20.7%). The highest share of exports went to Japan, accounting for 29.1%, and Singapore (23.9%). Meanwhile, imports surged 117.4% to BND 846.8 million. Purchases mainly increased for mineral fuels (273.4), and chemicals (29.8%). The highest share of imports came from the Greece, accounting for 18.9%, Malaysia (11.8%), and Russia (11.7%).
2021-05-25
Brunei Trade Balance Swings to Deficit
Brunei posted a trade deficit of BND 52.8 million in January 2021, shifting from a BND 588 million surplus a year earlier, as exports plunged while imports surged. Outbound shipments tumbled 45.7% year-on-year to BND 649.9 million, amid deteriorating global demand due to the COVID-19 crisis. Sales mainly plunged for mineral fuels (-48.2%), and chemicals (-41.0%). The highest share of exports went to Japan, accounting for 38.0%, Japan (29.5%), and Singapore (20.8%). Meanwhile, imports jumped 15.4% to BND 702.7 million. Purchases mainly increased for mineral fuels (42.2), machinery and transport equipment (23.5%) and chemicals (23.5%). The highest share of imports came from the UAE, accounting for 33.7%, Malaysia (24.1%), and Singapore (11.0%).
2021-04-12

Brunei Balance of Trade
As an oil producer, Brunei has been able to run consistent trade surpluses despite having to import most of what it consumes. Oil and natural gas account for almost 90 percent of Brunei’s exports. Other exports include machinery and transport equipment and chemicals. Brunei mainly imports machinery and transport equipment, manufactured goods, food, fuels and lubricants, chemical products, and miscellaneous manufactured articles. Brunei’s main trading partners are Japan, Malaysia, Singapore, South Korea, India, China, Australia, the United States and Thailand.