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).
According to end-use categories, imports of Intermediate goods accounted for 61.4 per cent of the total imports. This was followed by imports of capital goods and consumption goods, with 28.9 per cent and 9.7 per cent respectively.
Meanwhile by country of origin, the highest imports came from Singapore with 23.0 per cent of total imports, followed by Malaysia (22.7 per cent), China (13.5 per cent) and USA (9.5 per cent).
The International Merchandise Trade Statistics (IMTS) for Brunei Darussalam adopts the general system for recording trade statistics which cover imports, domestic exports and re-exports. The IMTS full report for September 2016 is available from JPKE’s website at www.depd.gov.bn.
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