U.S.-Brunei Trade Facts
The United States and Brunei engage regularly on trade and investment issues, including under our 2002 Trade and Investment Framework Agreement.
In 2018, Brunei GDP was an estimated $14.1 billion (current market exchange rates); real GDP was down by an estimated 0.2%; and the population was 434 thousand. (Source: IMF)
U.S. goods and services trade with Brunei totaled an estimated $208 million in 2017 (latest data available). Exports were $176 million; imports were $32 million. The U.S. goods and services trade surplus with Brunei was $144 million in 2017.
Brunei is currently our 135th largest goods trading partner with $365 million in total (two way) goods trade during 2018. Goods exports totaled $267 million; goods imports totaled $98 million. The U.S. goods trade surplus with Brunei was $169 million in 2018.
Trade in services with Brunei (exports and imports) totaled an estimated $64 million in 2017 (latest data available). Services exports were $55 million; services imports were $9 million. The U.S. services trade surplus with Brunei was $46 million in 2017 (latest data available).
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' 124th largest goods export market in 2018.
- U.S. goods exports to Brunei in 2018 were $267 million, up 120.2% ($146 million) from 2017 and up 139.2% from 2008.
- The top export categories (2-digit HS) in 2018 were: aircraft ($139 million), machinery ($50 million), miscellaneous chemical products ($22 million), electrical machinery ($13 million), and special other (low value estimates) ($11 million).
- U.S. total exports of agricultural products to Brunei totaled $5 million in 2018. Leading domestic export categories include: other snack foods ($1 million), processed vegetables ($971 thousand), chocolate & cocoa products ($572 thousand), prepared food ($331 thousand), and condiments & sauces ($243 thousand).
- U.S. exports of services to Brunei were an estimated $55 million in 2017 (latest data available), 9.8% ($6 million) less than 2016, but 0.0% greater than 2007 levels. Leading services exports from the U.S. to Brunei were in the financial services, maintenance and repair services, and travel sectors.
- Brunei was the United States' 127th largest supplier of goods imports in 2018.
- U.S. goods imports from Brunei totaled $98 million in 2018, up 330.3% ($75 million) from 2017, but down 14.1% from 2008.
- The top import categories (2-digit HS) in 2018 were: mineral fuels ($76 million), special other (returns) ($9 million), iron and steel products ($9 million), knit apparel ($4 million), and electrical machinery ($357 thousand).
- U.S. total imports of agricultural products from Brunei totaled $51 thousand in 2018.
- U.S. imports of services from Brunei were an estimated $9 million in 2017 (latest data available), 0.0% ($ million) more than 2016, and 80.0% greater than 2007 levels. Leading services imports from Brunei to the U.S. were in the travel, financial services, and transportation sectors.
- The U.S. goods trade surplus with Brunei was $169 million in 2018, a 71.5% increase ($70 million) over 2017.
- The United States has a services trade surplus of an estimated $46 million with Brunei in 2017 (latest data available), down 11.5% from 2016.
- 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 $110 million in 2016 (latest data available).