Merchandise trade as a share of GDP rose 40.6% to 140% in Brunei in 2021, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Brunei reached an all time high of 259% in 1971 and an all time low of 66.3% in 2016. When compared to Brunei's main peers, merchandise trade as a share of GDP in Indonesia amounted to 35.9%, 144% in Malaysia, 50.5% in Philippines and 182% in Vietnam in 2021.
Brunei has been ranked 15th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 27 places above the position seen 10 years ago.
Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | % | 29.3% | 32.2% | 34.7% | 34.5% | 35.4% | ||||||||||||||||
Brunei | % | 74.1% | 66.3% | 71.4% | 79.1% | 90.1% | ||||||||||||||||
Cambodia | % | 121% | 112% | 115% | 123% | 130% | ||||||||||||||||
China | % | 35.7% | 32.8% | 33.4% | 33.3% | 32.1% | ||||||||||||||||
Indonesia | % | 34.0% | 30.1% | 32.1% | 35.4% | 30.3% | ||||||||||||||||
Laos | % | 64.7% | 60.4% | 61.7% | 64.6% | 64.4% | ||||||||||||||||
Malaysia | % | 125% | 119% | 130% | 130% | 121% | ||||||||||||||||
Philippines | % | 43.6% | 44.6% | 51.9% | 52.6% | 48.6% | ||||||||||||||||
Singapore | % | 211% | 193% | 204% | 208% | 200% | ||||||||||||||||
Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 104% | 99.1% | 100% | 98.9% | 88.7% | ||||||||||||||||
Vietnam | % | 137% | 137% | 152% | 155% | 155% |