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U.S.-Brunei Trade Facts
The United States and Brunei engage closely on trade and investment issues, including under our 2002 Trade and Investment Framework Agreement.
Brunei currently has FTAs with Japan, China, Korea, India, Singapore, Malaysia, Australia, New Zealand, and other ASEAN countries. Brunei also is participating in the Trans-Pacific Partnership and the 16-member Regional Comprehensive Economic Partnership negotiations.
U.S. goods and services trade with Brunei totaled an estimated $706 million in 2016 (latest data available). Exports were $683 million; imports were $23 million. The U.S. goods and services trade surplus with Brunei was $661 million in 2016.
Brunei is currently our 157th largest goods trading partner with $144 million in total (two way) goods trade during 2017. Goods exports totaled $121 million; goods imports totaled $23 million. The U.S. goods trade surplus with Brunei was $98 million in 2017.
Trade in services with Brunei totaled an estimated $78 million in 2016 (latest data available). Services exports totaled $69 million; services imports totaled $9 million. The U.S. services trade surplus with Brunei was $60 million in 2016.
According to the Department of Commerce, U.S. exports of goods and services to Brunei supported an estimated 1 thousand jobs in 2015 (latest data available) (7 hundred supported by goods exports and 5 hundred supported by services exports).
- Brunei was the United States' 138th largest goods export market in 2017.
- U.S. goods exports to Brunei in 2017 were $121 million, down 80.3% ($493 million) from 2016 and down 13.3% from 2007.
- The top export categories (2-digit HS) in 2017 were: miscellaneous chemical products ($37 million), machinery ($27 million), aircraft ($11 million), special other (low value estimates) ($10 million), and electrical machinery ($9 million).
- U.S. total exports of agricultural products to Brunei totaled $7 million in 2017. Leading domestic export categories include: processed vegetables ($1 million), snack foods nesoi ($1 million), poultry meat & prods. (ex. eggs) ($821 thousand), chocolate & cocoa products ($717 thousand), and prepared food ($334 thousand).
- U.S. exports of services to Brunei were an estimated $69 million in 2016 10.4% ($8 million) less than 2015. Leading services exports from the U.S. to Brunei were in the financial services, maintenance and repair services, and intellectual property (industrial processes) sectors.
- Brunei was the United States' 155th largest supplier of goods imports in 2017.
- U.S. goods imports from Brunei totaled $23 million in 2017, up 65.7% ($9 million) from 2016, but down 94.4% from 2007.
- The top import categories (2-digit HS) in 2017 were: special other (returns) ($8 million), mineral fuels ($8 million), knit apparel ($5 million), electrical machinery ($386 thousand), and rubber ($339 thousand).
- There were no agricultural products imported from Brunei in 2017.
- U.S. imports of services to Brunei were an estimated $9 million in 2016 10.0% ($1 million) less than 2015. Leading services imports from Brunei to the U.S. were in the travel, travel, and transportation sectors.
- The U.S. goods trade surplus with Brunei was $98 million in 2017, a 83.6% decrease ($502 million) over 2016.
- The United States has a services trade surplus of an estimated $60 million with Brunei in 2016 (latest data available), down 7.7% from 2015.
- U.S. foreign direct investment (FDI) in Brunei (stock) was $19 million in 2017, a 18.8% increase from 2016. There is no information on the distribution of U.S. FDI in Brunei.
- No data on Brunei's FDI in the U.S. are available. There is no information on the distribution of Brunei FDI in the U.S.
- Sales of services in Brunei by majority U.S.-owned affiliates were $100 million in 2015 (latest data available).