SINGAPORE: For the month of September 2016 Brunei Darussalam’s trade balance was BND283.1 million. Total exports amounted to BND548.4 million while imports were valued at BND265.3 million.
According to a press release, exports in mineral fuels recorded the highest contribution of 90.6 per cent (BND497.1 million) of total exports followed by machinery and transport equipment and chemicals which contributed 5.7 per cent and 1.6 per cent respectively.
The major domestic exports recorded BND497.1 million, comprising crude oil valued at BND242.8 million and liquefied natural gas (LNG) at BND254.3 million.
The highest exports market was Japan with 29.8 per cent of total exports, followed by India (13.9 per cent), Singapore (12.6 per cent) and Thailand (10.0 per cent).
In September 2016, imports of goods decreased by 16.6 percent from BND318.0 million (August 2016) to BND265.3 million. The main imports by commodity were machinery and transport equipment with BND78.3 million, followed by manufactured goods (BND51.0 million) and food (BND50.1 million).