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NEWS UPDATES Asean Affairs     August 15,  2016  

Brunei’s exports slip to $503.8 million in June

BRUNEI’s exports for the month of June decreased to $503.8 million from the previous month’s figure of $505.1 million, the Department of Economic Planning and Development (JPKE).

In its latest International Merchandise Trade Statistics (IMTS) report, JPKE said June’s oil exports rose to $243.8 million from $219 million recorded in the previous month.

Exports of liquefied natural gas declined from $222.9 million in the previous month to $214.1 million in June

Oil and gas exports account for about 90 per cent of the sultanate’s total exports.

Brunei also exported machinery and transport equipment worth $22.9 million and chemicals worth $14.2 million.

More than 30 per cent of the country’s exports went to Japan. Other key export markets include New Zealand which accounted for 19.7 per cent of market share, Thailand 15.7 per cent and South Korea, 9.2 per cent.

Brunei’s imports in June had increased by 7.4 per cent to $337.3 million from $314.2 million in May.

Machinery and transport equipment, valued at $109.6 million, accounted for most of Brunei’s imports. This was followed by manufactured goods, $66.4 million and food, $53.8 million.

More than 20 per cent of the country’s imports came from Malaysia. Other main sources of imports include Singapore, China and the US.

The trade balance for the month of June was recorded at $166.5 million.

Brunei’s IMTS adopts the General System for recording trade statistics which cover imports, domestic exports and re-exports. The full report is available at

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