[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · BRN · 2024
Brunei trade profile
In 2024, Brunei recorded $11.2B in merchandise exports and $8.0B in imports, producing a $3.2B trade surplus. Exports changed +0.6% from the previous year, while imports changed +5.3%.[1]
Exports
$11.2B
+0.6%
Imports
$8.0B
+5.3%
Trade balance
$3.2B
surplus
Active partners
270
23 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$8.5B
HS 27 · Mineral fuels and oils
29 active HS6 lines · 23 export partners
2$2.0B
HS 29 · Organic chemicals
169 active HS6 lines · 40 export partners
3$408.8M
HS 31 · HS chapter
20 active HS6 lines · 22 export partners
4$70.6M
HS 89 · HS chapter
14 active HS6 lines · 6 export partners
5$50.3M
HS 84 · Machinery
448 active HS6 lines · 66 export partners
6$20.9M
HS 71 · Precious metals and stones
29 active HS6 lines · 12 export partners
7$19.4M
HS 73 · HS chapter
122 active HS6 lines · 45 export partners
8$16.7M
HS 88 · HS chapter
13 active HS6 lines · 24 export partners
Leading export markets
Destinations rank bilateral export flows from Brunei; growth describes each corridor rather than the whole economy.
1$2.2B
Australia
Annual change -6.7% · 3-year CAGR 12.6%
2$2.0B
China
Annual change +7.4% · 3-year CAGR -3.0%
3$1.6B
Japan
Annual change -1.6% · 3-year CAGR -9.9%
4$1.4B
Singapore
Annual change -26.6% · 3-year CAGR -8.5%
5$673.6M
Malaysia
Annual change -2.8% · 3-year CAGR 7.5%
6$610.7M
Thailand
Annual change +12.5% · 3-year CAGR 5.9%
7$484.2M
Vietnam
Annual change +179.4% · 3-year CAGR 26.9%
8$445.8M
South Korea
Annual change +32.7% · 3-year CAGR 73.3%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.