Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Asean News  >> Trade  >> ASEAN was top supplier of Brunei for 2011, exported $1.94b in goods
NEWS UPDATES Asean Affairs   11 July 2013  

ASEAN was top supplier of Brunei for 2011, exported $1.94b in goods

Fitri Shahminan
BANDAR SERI BEGAWAN


ASEAN was the biggest exporter to Brunei in 2011, followed by countries classified under "Others" and European Union (EU), data from the International Monetary Fund (IMF) show.

Brunei's imports from ASEAN countries totalled $1.94 billion in 2011, an increase from the $1.69 million recorded in 2010, according to the IMF data sourced from Brunei Darussalam Statistical Yearbook, Department of Economic Planning and Development (JPKE) of the Prime Minister's Office and CEIC Dato Co Ltd, a firm specialising in macroeconomic and sector databases.

The data was prepared by the IMF as background documentation for its periodic consultation with Brunei and is based on information available as of April 2, 2013.

Malaysia was the sultanate's largest supplier for the period, with total imports at $818 million, up from $783 million in 2010.

Brunei's imports from Singapore significantly dropped to $371 million from $650 million the prior year.

Imports from Thailand decreased slightly to $177 million in 2011 from $179 million in 2010. Meanwhile imports from Indonesia improved to $74 million in 2010 compared to the previous year's total of $69 million.

The IMF data also show that Brunei imported more from the Philippines, with goods coming from the country amounting $11 million in 2011, a $3 million increase from the 2010 figure of $8 million.

Over the past five years, import value between Brunei and its ASEAN counterparts has steadily increased to $1.94 billion from $796 million in 2006.

As of September 2012, Brunei's imports from ASEAN countries stood at $1.72 billion, the data added.

Brunei's imports from other countries not within the ASEAN or the EU rose over the past five years to $1.39 billion in 2011 from $701 million in 2006. Countries in the category are Australia, China, Hong Kong, Japan, Korea, Taiwan and the United States.

Brunei's imports from the United States were the biggest in this country category with $446 million recorded for the year 2011, an increase from the $336 million posted in 2010.

China followed next as the largest importer to Brunei with a figure of $276 million for the year 2011 which was also an increase from the $235 million posted in 2010.

The sultanate's imports from EU also rose from $172 million in 2006 to $353 million to 2011, said the report.

Those from Germany rose to $127 million in 2011 from the $106 million posted in 2010.

Brunei's imports from the UK decreased from $149 million in 2010 to $96 million while French imports increased to $49 million in 2011 from just $16 million in 2010.

Data compiled by IMF for imports by commodity show that Brunei's imports totalled $3.69 billion and the largest import was in machinery and transport equipment, at $1.13 billion in 2011. The figure, was less than the $1.15 billion posted the year before.

Manufactured goods also rose to $857 million in 2011 from the $686 million recorded in 2010.

Meanwhile, food and live animals also increased to $560 million in 2011 from the previous year's figure of $494 million.

Imports of tobacco decreased to $59 million in 2011 from $76 million posted in 2010 meanwhile imports of mineral fuels rose by 9.6 per cent to $355 million from $176 million in 2010. Imports of crude material inedible rose by 1.8 per cent to $65 million in 2011 from $42 million in 2010.

The Brunei Times


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



 
Today's  Stories    11 July 2013 Subsribe Now !
• 50 Norway-supported Myanmar students begin life at AIT Subcribe: Asean Affairs Global Magazine
• Thai bourse roadshow to Japan boosts investor base Asean Affairs Premium
• Moody's assigns (P)Baa3 rating to Indonesia's global bond offering
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Ukraine to Forge Friendly Relations and Cooperation with ASEAN
• ASEAN was top supplier of Brunei for 2011, exported $1.94b in goods
• DB Schenker intensifies presence in Laos
• Vietnam, Cuba to boost co-operation
Asean Analysis            11 July 2013 Advertise Your Brand
• Asean Analysis- July 11, 2013
• Asean Weekly: The Biweekly Update
Asean Stock Watch     10 July 2013
• Asean Stock Watch-July 10, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com