Sign up | Log in



Home  >>   Daily News  >>Brunei>>Economy>>Brunei exports fall 41.1% in September
NEW UPDATES Asean Affairs  27  November 2015  

Brunei exports fall 41.1% in September

BRUNEI’S exports in September declined 41.1 percent on year to $698.2 million on back of a sharp decline in oil exports, the Department of Economic Planning and Development (JPKE) reported the day before yesterday.

The latest International Merchandise Trade Statistics issued by JPKE reported oil and gas revenues, which accounted for over 90 per cent of the country’s total exports, decreased by 20.7 per cent.

Crude oil exports fell by 40.7 per cent to $235 million in September as export prices went down by 52.4 per cent from US$100.91/barrel to US$48.03/bbl. This, even if export volume increased from 103.82 thousand barrels per day in September 2014 to 115.55 kbbl per day in September 2015.

Liquefied Natural Gas (LNG) exports declined 2.1 per cent to $417.3 million owing to lower prices. LNG prices decreased by 46.6 per cent to US$9.48 per million metric British thermal unit. Trade volume, however, rose by 63.8 per cent to 1.03 million MMBtu per day

Other export products like food, beverages and chemicals likewise declined in September.

Japan had the lion's share of Brunei's exports with 34.2 per cent, followed by Taiwan (14 per cent), South Korea (13.5 per cent) and Thailand (8.8 per cent).

Total imports decreased by 6.5 per cent on year to $444.6 million owing to lower imports of mineral fuels which declined by 67.5 per cent. This was followed by miscellaneous manufactured articles (45.7 per cent) and miscellaneous transaction (32 per cent).

Most of Brunei's imports came from the US, which accounted for 33.2 per cent of total imports.

This was followed by Malaysia (18.2 per cent), Singapore (12.7 per cent) and China (7.3 per cent).

Total trade in September decreased by 31.2 per cent from $1.66 billion in 2014 to this year’s $1.14 billion.

Trade balance in September 2015 narrowed to $253.6 million, down 64.3 per cent from last year’s $710.5 million.

The IMTS adopts the General System for recording trade statistics which cover imports, domestic exports and re-exports. The IMTS full report for September 2015 is available in JPKE's website at –Fitri Shahminan  -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

Comment on this Article. Send them to

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
submit your comment in the box below

Today's  Stories                           November 27 , 2015 Subsribe Now !
• ASEAN journalists meet in Viet Nam Subcribe: Asean Affairs Global Magazine
• Brunei exports fall 41.1% in September
• Govt to put more oil, gas blocks up for bidding next year 
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Solar power taking off as alternative energy source in Singapore
Chinese firm intends to list on CSX in 2016
Asean Analysis                   November 20, 2015
• Asean Analysis November 20, 2015
TPP: a fair Free-Trade Agreement?
Advertise Your Brand

Asean Stock Watch  November 26,  2015
• Asean Stock Watch-November 26, 2015
The Biweekly Update
• The Biweekly Update November 13, 2015

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


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






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