Indonesia's Exports and Imports to Brunei Darussalam Increased in 2020

Indonesia's trade balance with Brunei Darussalam showed a surplus of US$53.64 million in 2020. However, this surplus decreased by 26.12% compared to the previous year's US$72.6 million.

This decline in the trade balance, according to Trademap data, was supported by Indonesia's export value, which reached US$128.97 million. This is higher than Indonesia's imports from Brunei Darussalam, which were recorded at US$75.34 million.

Indonesia's exports to Brunei Darussalam have been on an upward trend over the past year. The previous year's export value was US$103.15 million.

Imports, according to Trademap data, increased by 146.59% compared to the previous year's US$30.55 million.

Based on product type, 10 main export products from Indonesia to Brunei Darussalam recorded a surplus in 2020. The total value of these main exports reached US$57.21 million.

Top 10 Indonesian Export Products to Brunei Darussalam

1. (HS 87): Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof


2. (HS 19): Preparations of cereals, flour, starch or milk; pastrycooks' products


3. (HS 27): Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes


4. (HS 84): Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof


5. (HS 85): Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers


6. (HS 33): Essential oils and resinoids; perfumery, cosmetic or toilet preparations


7. (HS 34): Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations


8. (HS 15): Animal or vegetable fats and oils and their cleavage products; edible preparations thereof; animal or vegetable waxes


9. (HS 22): Beverages, spirits and vinegar


10. (HS 21): Miscellaneous edible preparations

Globally, the trade balance for all goods improved due to increases in several product categories. Indonesia's total trade balance was recorded at US$21.68 billion, a 703.56% increase. In other words, Indonesia recorded a trade surplus. The previous year's trade balance with all countries worldwide was recorded at US$-3.59 billion.