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Brunei Tariff Rate

Brunei's tariff rate rose to 0.18% in 2022, up from 0.12% in 2021, according to World Bank. This represents an increase of 0.06% from the previous year. Brunei has the 5th lowest tariff rate. Other bottom countries are Sudan, Macao SAR China, Hong Kong and Singapore.

Yearly Historical Data (1992-2022)

(in %)
Year Tariff Rate (%)
2022 0.18%
2021 0.12%
2020 0.15%
2019 0.15%
2018 0.16%
2017 0.15%
2016 1.21%
2014 1.2%
2011 2.22%
2010 3.81%
2009 2.69%
2008 3.05%
2007 3.33%
2006 3.31%
2005 3.26%
2004 3.15%
2003 3.14%
2002 3.24%
2001 3.6%
2000 3.66%
1999 3.79%
1998 4.01%
1997 4.03%
1996 4.04%
1992 2.94%
Brunei Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Brunei on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $11.24B $14.23B 2023
Annual Imports $7.48B $9.18B 2023
Exports (% GDP) 74.3% 76.7% 2024
FDI Inflows (% GDP) 0.19% -0.37% 2024
Imports (% GDP) 58.92% 60.16% 2024
Net Trade (Goods & Services, BoP) $2.37B $2.5B 2024
Trade (% GDP) 133.22% 136.86% 2024