Total trade increased 15.1 per cent in April

BRUNEI Darussalam’s total trade in April increased by 15.1 per cent to BND1,170 million compared to April 2018, according to report by the Department of Economic Planning and Development (JPKE).

Total exports increased year-on-year by 24 per cent to BND748.5 million. The increase was supported mainly by increases in the export of crude oil by 8.8 per cent and Liquefied Natural Gas (LNG) by 41.8 per cent.

Total imports increased by two per cent to BND421.5 million. The five main import commodities were machinery and transport equipment (40.8 per cent), followed by manufactured goods (19.2 per cent), food (16.4 per cent), miscellaneous manufactured articles (8.7 per cent) and chemicals (6.4 per cent).

By end use category, imports of intermediate goods comprised 58.4 per cent of the total imports followed by capital goods (32.8 per cent) and consumption goods (8.8 per cent).

The main export market for Brunei Darussalam in April was Japan (37 per cent) followed by Republic of Korea (16.1 per cent) and Thailand (12.9 per cent).

For imports by trading partners, the highest share was from Japan (16.6 per cent), followed by Malaysia (16.3 per cent) and People’s Republic of China (16.2 per cent).

The International Merchandise Trade Statistics (IMTS) for Brunei Darussalam adopts the General System for recording trade statistics, which covers imports, domestic exports and re-exports. The IMTS full report for April is available from JPKE’s website at www.depd.gov.bn.