Brunei Darussalam’s total trade in September 2019 decreased by 11.4 per cent to BND1,051.8 million compared to September 2018, according to a press release by Department of Economic Planning and Development (JPKE).
Total exports decreased by 3.9 per cent year-on-year to BND618.8million mainly attributed to a decline in exports of Crude Oil by 9.1 per cent. Meanwhile, the exports of Liquefied Natural Gas (LNG) posted an increase by 11.9 percent. The decline in exports of Crude Oil was due to a decline in the export prices of Crude Oil from USD80.08 per barrel per day to USD67.22 per barrel per day. However, the exports volume of Crude Oil recorded an increase.
Total imports decreased by 20.3 per cent year-on-year to BND433.0million. The five main import commodities were Machinery and Transport Equipment (45.0 per cent), followed by Manufactured Goods (18.2 per cent), Food (10.3 per cent), Mineral Fuels (9.7 per cent), and Miscellaneous Manufactured Articles (8.0 per cent).
By End Use category, imports of Intermediate Goods comprised of 58.3 per cent of the total imports followed by Capital Goods (34.4 per cent) and Consumption Goods (7.3 per cent).
The main export market for Brunei Darussalam in September 2019 was Japan (22.3 per cent) followed byThailand (18.1 per cent) andIndia(18.1 per cent).
For imports by trading partners, the highest share was from Singapore (16.0 per cent), followed by Malaysia (13.5 per cent) and Germany (12.1 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 September 2019 is available from JPKE’s website at www.depd.gov.bn.