Brunei Net Trade (Goods & Services, BoP)
Brunei's net trade (goods & services, bop) fell to $2.37 billion in 2024, down from $2.5 billion in 2023, according to World Bank. This represents a decrease of 5% ($123.6 million) from the previous year. Brunei has net trade (goods & services, bop) higher than the global median ($2.37 billion vs median -$215.12 million). Compared with the median in Asia, Brunei is higher ($2.37 billion vs regional median $634.26 million) and ranks 19th out of 42 countries in Asia.
Yearly Historical Data (2001-2024)
(in Billion USD)Brunei Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Brunei, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.