Brunei records 25.1-per cent trade drop in January

BANDAR SERI BEGAWAN (Xinhua): Brunei recorded 1,352.6 million Brunei dollars (US$1,009.5mil) total trade for January 2021, down 25.1 per cent year-on-year.

The latest International Merchandise Trade Statistics released Wednesday (April 7) by the Department of Economic Planning and Statistics at the Ministry of Finance and Economy showed that Brunei's exports droped 45.7 per cent year-on-year to 649.9 million Brunei dollars, which was mainly due to the decline in mineral fuel exports to 542.2 million Brunei dollars from 1,047.4 million Brunei dollars in January 2020.

Imports increased 15.4 per cent to 702.7 million Brunei dollars compared to 608.8 million Brunei dollars in January 2020.

Mineral fuels recorded the highest contribution of total exports (83.4 per cent) with a value of 542.2 million Brunei dollars.

The highest share of exports in January 2021 went to Japan (38.0 per cent), followed by Singapore (20.8 per cent) and China (13.2 per cent).

The highest share of imports in January 2021 came from the United Arab Emirates (33.7 per cent), followed by Malaysia (24.1 per cent), Singapore (11.0 per cent) and China (10.2 per cent).

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

Brunei , trade , January , down


Next In Aseanplus News

Asean News Headlines as at 8pm on Saturday (April 17)
Lawsuit over Indonesia 737 crash claims autothrottle problem
Four community infections among 39 new Covid-19 cases in Singapore
Indonesian companies ask China to up stake in high-speed rail project as its Covid-19 total nears 1.6 million
Thailand registers another 1,000-over cases as Covid-19 tally surpasses 40,000
US stops short of branding Vietnam, Switzerland, Taiwan currency manipulators
Nearly US$5bil of Vietnam's exports to EU benefit from EVFTA
Philippines' gross international reserves drop to US$104bil in March as Covid-19 cases keeps soaring; total now above 926,000
China's Ant explores ways for Jack Ma to exit as Beijing piles pressure
China's civil aviation sector fully recovers to pre-epidemic level, says report

Stories You'll Enjoy