Brunei’s total trade rose by 5.2 per cent in July compared to June. The increase was due to the rise in exports value by 30.9 per cent. However, imports value fell by 20 per cent.
Exports in July was valued at BND1,177.1 million, where mineral fuels represented the major contributor to the Sultanate’s exports at 81.3 per cent followed by chemicals (16.4 per cent) and machinery and transport equipment (1.1 per cent).
The five main imports by commodity for July were mineral fuels (58.6 per cent) followed by machinery and transport equipment (15.5 per cent), food (eight per cent), chemicals (6.8 per cent) and manufactured goods (5.8 per cent).
The main export markets in July were Australia (23.4 per cent) followed by Singapore (19.6 per cent) and China (13.8 per cent). The largest export commodities to these countries were mineral fuels and chemicals.
The biggest import partners were Malaysia (32.7 per cent) followed by Saudi Arabia (15.8 per cent) and Kazakhstan (15.5 per cent).
Some 60.3 per cent of imports were used as intermediate goods for processing followed by capital goods (34.6 per cent) for business operations and consumption goods (5.1 per cent) for household use.
The International Merchandise Trade Statistics report for July can be accessed at https://deps.mofe.gov.bn.
