BANDAR SERI BEGAWAN, Aug. 14 (Xinhua) -- Brunei recorded 1,401.5 million Brunei dollars (1,034.7 million U.S. dollars) total trade in April 2023, a 53.9 percent year-on-year decrease due to a drop in both export and import value.
The latest International Merchandise Trade Statistics released on Monday by the Department of Economic Planning and Statistics at the Ministry of Finance and Economy showed that Brunei's exports in April decreased by 56.2 percent yearly to 761.7 million Brunei dollars, which was mainly due to the drop in exports of mineral fuels and chemicals.
Imports also decreased by 50.7 percent to 639.8 million Brunei dollars in April 2023.
The highest share of exports in April 2023 went to Japan, which accounts for 21.9 percent, followed by Singapore at 19.7 percent, Australia at 14.2 percent, and China at 12.4 percent. The top export commodities were crude oil, liquified natural gas, and downstream petrochemical products.
The biggest import partner was United Arab Emirates accounting for 18.7 percent, followed by Saudi Arabia at 18.6 percent and Malaysia at 17.4 percent, with crude oil as the largest import commodity. (1 Brunei dollar equals about 0.74 U.S. dollars). ■
