Brunei's trade balance rises 73.1 per cent in April


BANDAR SERI BEGAWAN, Aug 13 (Xinhua): Brunei recorded a 409.4 million Brunei dollars (US$297.1 million) trade balance in April 2022, up 73.1 per cent year-on-year, the latest figures showed this week.

The International Merchandise Trade Statistics released on Tuesday by the Department of Economic Planning and Statistics at the Ministry of Finance and Economy showed that Brunei's exports increased by 71.2 per cent yearly to 1,726.0 million Brunei dollars, mainly due to growth in mineral fuel exports.

Mineral fuels also contributed the most to total exports (76.3 per cent) with a value of 1,316.9 million Brunei dollars.

Imports increased by 70.6 per cent year on year to 1,316.6 million Brunei dollars for April 2022.

The biggest share of exports in April went to Australia (20.1 per cent), followed by China (15.6 per cent) and Singapore (14.1 per cent).

The biggest imports came from Malaysia (21.2 per cent), followed by the United Arab Emirates (12.8 per cent) and Qatar (12.6 per cent). (1 Brunei dollar equals about 0.73 U.S. dollar) - Xinhua

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