Brunei records 39.1-per cent trade balance drop in March

BANDAR SERI BEGAWAN (Xinhua): Brunei recorded 526.2 million Brunei dollars (US$398.2 million) trade balance for March 2023, a 39.1 per cent year-on-year decrease due to a drop in both export and import value.

The latest International Merchandise Trade Statistics released on Tuesday by the Ministry of Finance and Economy showed that Brunei's exports in March decreased by 39.7 percent yearly to B$1,004.2 million, which was mainly due to the drop in mineral fuels exports and chemicals.