Brunei Darussalam

Brunei Darussalam
Goods Imports: CIF, by origin
Goods Exports: FOB, by last known destination
Trade System: Special
Overview:
In 2014, the value of merchandise exports of Brunei Darussalam decreased moderately by 8.2 percent to reach 10.5 bln US$, while its
merchandise imports decreased slightly by 0.4 percent to reach 3.6 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance
recorded a large surplus of 6.9 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Asia-Pacific at 4.9
bln US$ (see graph 4). Merchandise exports in Brunei Darussalam were moderately concentrated amongst partners; imports were diversified.
The top 7 partners accounted for 80 percent or more of exports and 8 partners accounted for 80 percent or more of imports (see graph 5). In
2009, the value of exports of services of Brunei Darussalam increased moderately by 5.5 percent, reaching 914.9 mln US$, while its imports
of services increased slightly by 2.3 percent and reached 1.4 bln US$ (see graph 2). There was a moderate trade in services deficit of 519.3
mln US$.
Graph 1: Total merchandise trade, by value
Graph 2: Total services trade, by value
(Bln US$ by year)
(Bln US$ by year)
Exports
15
Imports
Trade Balance
10
1
5
0.5
(na)
Exports
1.5
Imports
Trade Balance
(na) (na) (na) (na) (na)
(na) (na) (na) (na) (na)
0
0
Exports Profile:
"Mineral fuels, lubricants" (SITC section 3), "Chemicals" (SITC section 5)
and "Machinery and transport equipment" (SITC section 7) were the
largest commodity groups for exports in 2014, representing respectively
92.5, 4.5 and 1.4 percent of exported goods (see table 2). From 2012 to
2014, the largest export commodity was "Petroleum gases and other
gaseous hydrocarbons" (HS code 2711) (see table 1). The top three
destinations for merchandise exports were Japan, the Republic of Korea
and India, accounting for respectively 40.6, 14.5 and 8.5 percent of total
exports. "Transportation" (EBOPS code 205) accounted for the largest
share of exports of services in 2009 at 451.7 mln US$, followed by
"Travel" (EBOPS code 236) at 254.4 mln US$ and "Other business
services" (EBOPS code 268) at 174.0 mln US$ (see graph 3).
14
13
20
12
20
10
11
20
20
08
07
06
05
04
09
20
20
20
20
20
20
20
20
01
20
13
14
20
11
10
09
08
07
12
20
20
20
20
20
20
20
20
20
20
20
20
20
06
−1.5
05
−15
04
−1
03
−10
02
−0.5
01
−5
03
(na) (na) (na) (na) (na)
02
(na) (na) (na) (na) (na)
20
(na)
Graph 3: Exports of services by EBOPS category
(% share in 2009)
Transportation
( 49.4 %)
Travel ( 27.8 %)
Remaining ( 3.8 %)
Other business
( 19.0 %)
Table 1: Top 10 export commodities 2012 to 2014
HS
code
4-digit heading of Harmonized System 2007
All Commodities............................................................................................................
2711 Petroleum gases and other gaseous hydrocarbons......................................................
2709 Petroleum oils and oils obtained from bituminous minerals, crude.............................
2905 Acyclic alcohols and their derivatives...........................................................................
2936 Provitamins and vitamins, natural or reproduced by synthesis....................................
8803 Parts of goods of heading 88.01 or 88.02.....................................................................
9999 Commodities not specified according to kind...............................................................
8517 Electrical apparatus for line telephony or line telegraphy............................................
8431 Parts suitable for use principally with the machinery of headings 84.25.....................
7304 Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)..................
8207 Interchangeable tools for hand tools, whether or not power-operated.......................
2012
Value (million US$)
2013
2014
13 000.8
6 176.4
6 271.3
243.4
0.0
24.1
18.5
21.4
8.3
8.4
12.6
Source: UN Comtrade and UN ServiceTrade
11 447.2
5 930.9
5 118.0
82.0
0.0
17.3
17.7
4.9
10.6
19.4
11.1
Unit value
2012 2013 2014
Unit
10 508.8
US$/kg
5 345.8
0.9 0.9
US$/kg
4 378.6 0.7 0.9 0.8
US$/kg
201.4
0.3 0.4
243.1
0.0 3.9 thsd US$/kg
US$/kg
23.1
379.0 199.3
14.6
11.3
US$/kg
14.0 22.9 9.1 12.2
US$/kg
4.9
8.1 2.2
US$/kg
4.4
4.8 11.4
SITC
code
343
333
512
541
792
931
764
723
679
695
Brunei Darussalam
Services Imports and Exports: EBOPS 2002 categories
Table 2: Merchandise exports by SITC
Table 3: Merchandise imports by SITC
(Value in million US$, growth and shares in percentage)
(Value in million US$, growth and shares in percentage)
Avg. Growth rates
2010-2014 2013-2014
-8.2
123.3
14.9
-12.0
411.3
-33.0
10.9
-5.0
-18.0
100.0
0.4
0.1
92.5
4.5
0.5
1.4
0.4
0.1
3 598.7
537.9
49.9
365.4
303.6
540.8
1 387.4
394.8
19.0
(Bln US$ by MDG Regions in 2014)
Trade balance
Graph 6: Imports of services by EBOPS category
(% share in 2009)
Transportation
( 31.0 %)
Travel ( 33.3 %)
Other business
( 17.4 %)
Exports
(Herfindahl Index = 0.179)
Top
partner
10
80
60
40
20
20
80
0%
25 th
%
25 th
%
20 th
%
20 th
%
15 th
0%
15 th
%
10 th
%
10 th
%
5 th
0%
5 th
10
5
4
3
2
1
0
−1
100.0
14.9
1.4
10.2
8.4
15.0
38.6
11.0
0.5
Imports
(Herfindahl Index = 0.118)
Top
partner
Remaining ( 3.1 %)
-0.4
1.7
-4.3
34.8
5.4
-26.4
4.7
3.1
-35.7
(Cumulative share by ranked partners in 2014)
Exports
Developed Asia−Pacific
Developed Europe
Developed N. America
South−eastern Europe
CIS
Northern Africa
Sub−Saharan Africa
Latin Am, Caribbean
Eastern Asia
Southern Asia
South−eastern Asia
Western Asia
Oceania
−2
...
...
...
...
...
...
...
...
...
SITC
Code
Description
Total All commodities
0+1 Food, animals + beverages, tobacco
2+4 Crude materials + anim. & veg. oils
3 Mineral fuels, lubricants
5 Chemicals
6 Goods classified chiefly by material
7 Machinery and transport equipment
8 Miscellaneous manufactured articles
9 Not classified elsewhere in the SITC
2014
share
Graph 5: Partner concentration of merchandise trade
Graph 4: Merchandise trade balance
Imports
Avg. Growth rates
2010-2014 2013-2014
2014
%
...
...
...
...
...
...
...
...
...
SITC
Total
0+1
2+4
3
5
6
7
8
9
40
10 508.8
40.9
14.0
9 724.9
471.9
53.2
143.0
46.4
14.6
2014
share
60
2014
6
SITC
Total
0+1
2+4
3
5
6
7
8
9
SITC Legend
Imports Profile:
"Machinery and transport equipment" (SITC section 7), "Goods classified
chiefly by material" (SITC section 6) and "Food, animals + beverages,
tobacco" (SITC section 0+1) were the largest commodity groups for imports
in 2014, representing respectively 38.6, 15.0 and 14.9 percent of imported
goods (see table 3). From 2012 to 2014, the largest import commodity was
"Petroleum oils, other than crude" (HS code 2710) (see table 4). The top
three partners for merchandise imports were Singapore, Malaysia and
China, accounting for respectively 21.0, 20.8 and 10.9 percent of total
imports. "Travel" (EBOPS code 236) accounted for the largest share of
imports of services in 2009 at 477.1 mln US$, followed by "Transportation"
(EBOPS code 205) at 444.7 mln US$ and "Other business services" (EBOPS
code 268) at 248.8 mln US$ (see graph 6).
Gov. services,
n.i.e. ( 15.3 %)
Table 4: Top 10 import commodities 2012 to 2014
HS
code
4-digit heading of Harmonized System 2007
All Commodities............................................................................................................
2710 Petroleum oils, other than crude...................................................................................
8703 Motor cars and other motor vehicles principally designed for the transport...............
7304 Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)..................
8517 Electrical apparatus for line telephony or line telegraphy............................................
8901 Cruise ships, excursion boats, ferry-boats, cargo ships, barges...................................
2309 Preparations of a kind used in animal feeding..............................................................
8481 Taps, cocks, valves and similar appliances for pipes, boiler shells..............................
7307 Tube or pipe fittings (for example, couplings, elbows, sleeves)...................................
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06)..............................
7326 Other articles of iron or steel........................................................................................
2012
Value (million US$)
2013
2014
3 572.2
342.7
303.6
89.0
54.8
0.0
54.4
63.5
51.3
51.5
75.4
3 612.4
268.3
319.4
88.7
77.6
0.1
79.1
66.3
71.6
52.4
45.7
Source: UN Comtrade and UN ServiceTrade
Unit value
2012 2013 2014
Unit
SITC
code
3 598.7
US$/kg
334
362.2
1.1 1.0
301.7 17.5 17.3 16.0 thsd US$/unit 781
US$/kg
679
46.0
0.8 2.1
764
79.9
209.7
0.0 69.9 mln US$/unit 793
US$/kg
081
58.4 1.7 0.8 0.8
US$/kg
747
59.1
33.0 30.3
US$/kg
679
41.8
3.5 3.3
US$/kg
542
58.7
34.2 34.4
US$/kg
699
1.3 1.5
32.2