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Brunei records BND1,989.2M total trade in September

Brunei Darussalam’s total trade for September was BND1,989.2 million, comprising exports valued at BND1,165.5 million and imports amounting to BND823.7 million, the Department of Economic Planning and Statistics (DEPS) said.

The major contributors to the export value were mineral fuels (75.4 per cent), followed by chemicals (22.6 per cent) and machinery and transport equipment (1.0 per cent).

The main export markets were China and Australia, accounting for 22.7 per cent, followed by Thailand at 10.9 per cent.

The largest export commodities to these countries were mineral fuels and chemicals.

Meanwhile, the three main import commodities were mineral fuels (64.6 per cent), followed by machinery and transport equipment (11.6 per cent) and food (7.6 per cent).

The largest import partners were United Arab Emirates accounting for 30.4 per cent, followed by Malaysia at 25.2 per cent and China at 9.2 per cent.

The main import commodities from these partners were mineral fuels, machinery and transport equipment as well as food.

Compared to August, the trade balance in September fell by 30.9 per cent. This was driven by a 7.5-per cent reduction in export value and a 7.6-per cent rise in imports.

The imports for end use categories, were mainly used as intermediate goods processing accounting for 61.7 per cent, followed by capital goods for business operations at 33.6 per cent, and consumption goods for household use at 4.7 per cent.

The International Merchandise Trade Statistics report for September can be accessed through the DEPS’s website at https://deps.mofe.gov.bn.

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