The United States and Brunei engage regularly on trade and investment issues, including under our 2002 Trade and Investment Framework Agreement. The latest information regarding significant trade barriers can be found in the 2021 National Trade Estimate Report, see here.
Brunei Trade & Investment Summary
U.S. goods and services trade with Brunei totaled an estimated $276 million in 2022. Exports were $170 million; imports were $106 million. The U.S. goods and services trade surplus with Brunei was $63 million in 2022.
U.S. goods exports to Brunei in 2022 were $113 million, up 12.1 percent ($12 million) from 2021 but down 28 percent from 2012. U.S. goods imports from Brunei totaled $90 million in 2022, up 429.9 percent ($73 million) from 2021, and up 5 percent from 2012. The U.S. goods trade surplus with Brunei was $22 million in 2022, a 73.1 percent decrease ($61 million) over 2021.
U.S. exports of services to Brunei were an estimated $57 million in 2022, 5.6 percent ($3 million) more than 2021, and 17 percent less than 2012 levels. U.S. imports of services from Brunei were an estimated $16 million in 2022, 14.3 percent ($2 million) more than 2021, and 36 percent less than 2012 levels. Leading services exports from the U.S. to Brunei were in the financial services, maintenance and repair services, and telecommunications, computer, and information services sectors. The United States had a services trade surplus of an estimated $41 million with Brunei in 2022, up 2.5 percent from 2021.
U.S. foreign direct investment (FDI) in Brunei (stock) was $3 million in 2021 (latest data available).