Foreign Trade (As % of GDP) fell to 85.2% in Brunei in 2017

Foreign Trade (As % of GDP) (%)
Economy | Brunei | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 85.2 % in 2017 in Brunei, according to the National Statistical Office. This is 2.45 % less than in the previous year.

Historically, foreign trade as a share of GDP in Brunei reached an all time high of 121 % in 1996 and an all time low of 84.9 % in 2015. When compared to Brunei's main peers, foreign trade as a share of GDP in Indonesia amounted to 39.4 %, 136 % in Malaysia, 71.8 % in Philippines and 200 % in Vietnam in 2017.

Brunei has been ranked 69th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 4 places behind the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 42.0% 43.3% 41.3% 42.6% 41.5%
Brunei % 99.5% 106% 111% 99.4% 84.9%
Cambodia % 114% 121% 130% 130% 128%
China % 50.6% 48.1% 46.6% 44.9% 39.5%
Indonesia % 50.2% 49.6% 48.6% 48.1% 41.9%
Laos % 91.7% 98.2% 98.2% 99.1% 85.8%
Malaysia % 155% 148% 143% 138% 133%
Philippines % 67.7% 64.9% 60.2% 61.5% 62.7%
Singapore % 380% 371% 366% 359% 329%
Taiwan % ... ... ... ... ... ... ... ... ...
Thailand % 140% 138% 133% 132% 126%
Vietnam % 163% 157% 165% 170% 179%