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10/05/2019  Total Trade Increased 6.8% in February 2019

National

 



Brunei Darussalam's total trade in February 2019 increased by 6.8 per cent to one thousand thirty eight point nine million dollars compared to the same period last year.

 

The International Merchandise Trade Statistics issued by the Department of Economic Planning and Development, JPKE, yesterday showed that the total exports increased by 8 point 1 per cent on year to year basis to seven hundred and one point 9 million dollars. This is due to the increase in the export of Crude Oil and Liquefied Natural Gas (LNG) by 10 point 8 per cent. Total imports rose by 4 point 3 per cent to 337 million dollars.

 

The five main import commodities were Machinery and Transport Equipment with 40 point 7 percent; followed by Manufactured Goods (19 point 2 per cent), Food (12 point 1 per cent), Chemicals (9 point 1 per cent) and Mineral Fuels (9 point 1 per cent). By End Use category, imports of Intermediate Goods comprised of 58 point 3 per cent of the total imports, followed by imports of Capital goods of 34 per cent and Consumption Goods at 7 point 7 per cent. The main export market in February 2019 was Japan at 51 point 2 per cent followed by Australia at 15 point 3 per cent and Malaysia at 8 point 6 per cent. For imports by trading partners, the highest share was from People's Republic of China at 30 point 4 per cent, followed by Malaysia at 16 point 7 per cent and Singapore at 16 point 1 per cent.

 

The International Merchandise Trade Statistics (IMTS) for Brunei Darussalam adopts the General System for recording trade statistics, which covers imports, domestic exports, and re-exports. The IMTS full report for February 2019 is available from JPKE's website at www.depd.gov.bn.



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