What is the value of US trade with Brunei?
Updated annually
$319 million in imports and $211 million in exports in 2024. That means that the US imported $107 million more from Brunei than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$319M
Value of imports from Brunei to the US (2024)
$211M
Value of exports from the US to Brunei (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
How high is Brunei ranked as a US trade partner?
BEA data ranks Brunei as the US’ 71st top trading partner: In 2024, the US traded $530 million in goods and services with Brunei. Countries with similar trade values include Estonia ($1.86B) and Latvia ($1.86B).
In 2024, the US traded $530 million in goods and services with Brunei.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
What is the trade balance with Brunei?
The US had a trade deficit with Brunei in 2024. The 2024 deficit was $107 million, an increase from 2023's deficit of $96 million.
The trade deficit with Brunei increased to $107M in 2024.
Annual trade balance with Brunei, not adjusted for inflation
What does the US import from Brunei?
In 2024, 74.9% of imports from Brunei to the US were goods. The largest category was industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic), accounting for $219 million. The top three imports were industrial supplies and materials, other merchandise, and capital goods (tools used for the production process, like machinery and equipment). These categories accounted for $235 million of total imports.
The other 25.1% were services, with financial services being the largest service category. Financial services (services normally provided by banks and other financial institutions) accounted for $5 million.
Industrial supplies and materials made up 68.7% of US imports from Brunei in 2024.
US imports from Brunei by category (2024)
What does the US export to Brunei?
In 2024, more US exports to Brunei were goods — 58.8%. The largest export was capital goods, which accounted for a value of $75 million. The top three exports were capital goods, industrial supplies and materials, and other merchandise. These categories accounted for $107 million of exports to Brunei.
The other 41.7% were services, with financial services being the largest service category. Financial services accounted for $49 million.
Capital goods made up 35.5% of US exports to Brunei in 2024.
US exports to Brunei by category (2024)
Value of imports and exports, by category (2024)
| 1. | Industrial supplies and materials | $219 million |
| 2. | Other services | $66 million |
| 3. | Other merchandise | $10 million |
| 4. | Capital goods | $6 million |
| 5. | Financial services | $5 million |
| 6. | Insurance services | $5 million |
| 7. | Consumer goods | $4 million |
| 8. | Travel | $2 million |
| 9. | Government goods and services | $1 million |
| 10. | Telecommunications and information services | $1 million |
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
