Brunei Darussalam recorded a rise in total trade at 2,351.7 million dollars in November 2021, an increase by 86.1 per cent from 1,263.4 million dollars during the same period in 2020. For month-to-month changes, total trade for November 2021 increased by 3.7 per cent compared to October 2021.

 Total exports increased by 144 per cent year-on-year to 1,331.4 million dollars compared to 545.7 million dollars in November 2020. This was mainly due to the increase in Mineral Fuels and Chemicals exports. In terms of commodity by section, Mineral Fuels represents the major contributor to Brunei Darussalam's exports, followed by Chemicals, and Machinery and Transport Equipment.

 The main exports market in November 2021 was Australia, followed by Japan and Singapore. The largest export commodity to Australia, Japan, and Singapore was Mineral Fuels. For imports, the total value increased to 1,020.3 million dollars in November 2021 from 717.7 million dollars in November 2020, mainly due to a significant increase in imports of Mineral Fuels.

The five main imports by commodity were Mineral Fuels; followed by Machinery and Transport Equipment; Food; Chemicals; and Manufactured Goods.

By End Use Category, imports of Intermediate Goods accounted for 57.9 per cent of the total imports, followed by Capital Goods and Consumption Goods. For imports by trading partners, the highest share was from Malaysia, followed by Russia and Japan, with Mineral Fuels as the largest import commodity. According to the mode of transport, in November 2021, the highest share for both exports and imports was transport by sea, then air transport and via land.

The International Merchandise Trade Statistics, IMTS full report for November 2021 is available at 'www.deps.gov.bn'.

Source:
RTB NEWS

by RTB NEWS

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