Brunei Balança Comercial

Brunei’s trade surplus decreased to BND 495.0 million in March 2025 from BND 546.4 million in the same month a year earlier, as imports declined more sharply than exports amid headwinds from rising trade barriers. Imports fell 11.2% year-on-year to BND 760.0 million, driven by lower purchases of mineral fuels (-9.3%), chemicals (-28.9%), and machinery and transport equipment (-21.9%). The main sources of imports were Malaysia (27.3% of total imports), followed by Russia (14.4%), Nigeria (14.0%), and Papua New Guinea (9.0%). Meanwhile, exports dropped 10.5% to BND 1,255 million, pressured by declines in mineral fuels (-10.5%), chemicals (-10.0%), manufactured goods (-28.6%), and machinery and transport equipment (-22.5%). The top export destinations were China (20.0%), Australia (15.4%), Japan (14.2%), and Thailand (12.5%). For the first quarter of 2025, the trade surplus narrowed to BND 1.48 billion from BND 1.70 billion in the same period of 2024.