March 2006
Brunei Darussalam
                         
BASIC INDICATORS
Population (thousands, 2004)   361 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004) ... Merchandise  83 145
GDP (million current PPP US$, 2004) ... Commercial services 113 95
Current account balance (million US$, 2004) ... Merchandise excluding intra-EU trade 62 121
Trade per capita (US$, 2002-2004) ... Commercial serv. excl. intra-EU trade 89 72
Trade to GDP ratio (2002-2004) ...
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100) ... ... ... ...
Exports of goods and services (volume, 1995=100) ... ... ... ...
Imports of goods and services (volume, 1995=100) ... ... ... ...
                         
TRADE POLICY
WTO accession date 1 January 1995 Contribution to WTO budget (%, 2006) 0.036
Trade Policy Review date 28, 30 May 2001 Import duties collected:
in total tax revenue ...
Tariff binding coverage (%, 1995)   95.3 to total merchandise imports ...
MFN tariffs Final bound Applied 2003
Simple average of ad-valorem duties Number of:
All goods   24.3   2.6 GATS services sectors with commitments   22
Agricultural goods (AOA)   23.2   0.0 Dispute rulings (complainant - defendant) 0 - 0
Non-agricultural goods   24.5   3.0 Notifications outstanding  (CRN)   26
Non ad-valorem duties (% of total tariff lines)   0.3   0.8 Number of contingency measures in force:
Anti-dumping (30 June 2005) ...
MFN duty free imports Countervailing duties (30 June 2005) ...
Share in total imports ... Safeguards (3 November 2005)   0
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  4 607 8 16 11
Merchandise imports, c.i.f. (million US$)  1 298 -5 -17 4
2004  a 2004  a
Share in world total exports    0.05 Share in world total imports  0.01
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   0.1 Agricultural products 17.9
Fuels and mining products   87.7 Fuels and mining products 1.9
Manufactures   12.0 Manufactures 79.7
  By main destination   By main origin
1. Japan   41.0 1. Malaysia   20.2
2. Korea, Republic of   11.2 2. Singapore   20.1
3. Thailand   9.4 3. United States   11.5
4. Australia   8.4 4. European Union (25)   10.8
5. United States   7.7 5. Japan   10.0
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)   544   ... 2 24
Commercial services imports (million US$)  1 075   ... 18 4
2004  a 2004  a
Share in world total exports   0.02   Share in world total imports 0.05
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   77.3   Transportation 20.5
Travel   13.9   Travel 46.7
Other commercial services   8.8   Other commercial services 32.8
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted ... ...  ...      Marks registered, 1997  1 051 ...  1 051
                         
a  Breakdowns by commodity group and by destination/origin refer to 2003. Breakdowns by services items refer to 1998.