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Export Market

Brunei

ISO: BN / BRN

Country Profile

Capital Bandar Seri Begawan
Population 456K
GDP $15.3B (2024)
GDP per Capita $33,153
Income Level High Income
Currency Brunei dollar (BND $)
Language Malay
Timezone UTC+08:00
Region Asia · South-Eastern Asia

Trade Partners

Brunei Exports To

  • Australia 21.0%
  • Japan 17.0%
  • China 17.0%
  • Singapore 16.0%
  • Malaysia 6.0%

Key exports: refined petroleum, natural gas, crude petroleum, hydrocarbons, fertilizers (2023)

Brunei Imports From

  • Malaysia 23.0%
  • UAE 10.0%
  • China 10.0%
  • UK 10.0%
  • Australia 6.0%

Key imports: crude petroleum, gold, refined petroleum, coal, cars (2023)

Economic Overview

almost exclusively an oil and gas economy; high income country; expansive and robust welfare system; the majority of the population works for the government; promulgating a nationalized halal brand; considering establishment of a bond market and stock exchange

Government: absolute monarchy or sultanate

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Brunei. Standard WTO terms apply.

Geographic Region

Asia Pacific

Trading Bloc Memberships

Brunei is a member of the following trade agreements and economic blocs.

CPTPP Comprehensive and Progressive Trans-Pacific Partnership Trade Agreement UK Member ASEAN Association of Southeast Asian Nations Economic Union RCEP Regional Comprehensive Economic Partnership Trade Agreement

Export Guidance

Relevant guidance for exporting to Brunei.

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Also in This Region

🇦🇺 Australia FTA 🇰🇭 Cambodia 🇫🇯 Fiji FTA 🇮🇩 Indonesia 🇯🇵 Japan FTA 🇱🇦 Laos 🇲🇾 Malaysia 🇲🇳 Mongolia

Official Resources

Government export support for Brunei.

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