Brunei records 13.5-pct trade growth in September-Xinhua

Brunei records 13.5-pct trade growth in September

Source: Xinhua| 2023-01-01 00:36:30|Editor: huaxia

BANDAR SERI BEGAWAN, Dec. 31 (Xinhua) -- Brunei recorded 2,572.8 million Brunei dollars (1,919.1 million U.S. dollars) total trade for September this year, up 13.5 percent year-on-year.

The latest International Merchandise Trade Statistics released on Saturday by the Department of Economic Planning and Statistics at the Ministry of Finance and Economy showed that Brunei's exports grew 22.6 percent yearly to 1,612.2 million Brunei dollars, which was mainly due to the increase in mineral fuel exports.

Imports also increased slightly from 952.3 million Brunei dollars in September 2021 to 960.6 million Brunei dollars in September 2022.

The highest share of exports in September 2022 went to Australia (22.2 percent), followed by Japan (19.1 percent), Singapore (14.1 percent) and China (12.6 percent), with mineral fuels as the largest export commodity.

The highest share of imports was from Malaysia (26.2 percent), followed by Saudi Arabia (15.1 percent) and the United Arab Emirates (15.0 percent). (1 Brunei dollar equals 0.75 U.S. dollars).