Portugal (PRT) and Brunei (BRN) Trade | The Observatory of Economic Complexity

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Portugal-Brunei Trade: In 2022, Portugal exported $280k to Brunei. The main products that Portugal exported to Brunei were Beauty Products ($26.6k), Baked Goods ($24.6k), and Unglazed Ceramics ($19.6k). Over the past 5 years the exports of Portugal to Brunei have decreased at an annualized rate of 19.5%, from $827k in 2017 to $280k in 2022.

In 2022, Portugal did not export any services to Brunei.

Brunei-Portugal Trade: In 2022, Brunei exported $1.73k to Portugal. The main products that Brunei exported to Portugal were Trunks and Cases ($749), Knit Active Wear ($232), and Non-Knit Active Wear ($230). Over the past 5 years the exports of Brunei to Portugal have increased at an annualized rate of 0.058%, from $1.73k in 2017 to $1.73k in 2022.

In 2022, Brunei did not export any services to Portugal.

Comparison In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €102k and imported €0 from Brunei, resulting in a positive trade balance of €102k. Between June 2023 and June 2024 the exports of Portugal have increased by €96.5k (1.65k%) from €5.84k to €102k, while imports decreased by €-180 (-100%) from €180 to €0.

Trade In June 2024, the top exports of Portugal to Brunei were Perfumery & cosmetics (€1.75k), Footwear (€845), Soap, cleaners, candles, dental, modelling pastes (€643), Knitted clothing accesories (€358), and Leather articles (€353). In June 2024 the top imports of Portugal from Brunei were Knitted clothing accesories (€117), Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In June 2024, the increase in Portugal's year-by-year exports to Brunei was explained primarily by an increase in product exports in Footwear (€560 or 196%), Soap, cleaners, candles, dental, modelling pastes (€409 or 175%), and Leather articles (€292 or 479%). In June 2024, the decrease in Portugal's year-by-year imports from Brunei was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)€96.5k(1.65k%)

IMPORT GROWTH (June 2023 - June 2024)€-180(-100%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Brunei and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $280k to Brunei. The main products exported from Portugal to Brunei were Beauty Products ($26.6k), Baked Goods ($24.6k), and Unglazed Ceramics ($19.6k). During the last 5 years the exports of Portugal to Brunei have decreased at an annualized rate of 19.5%, from $827k in 2017 to $280k in 2022.

In 2017, Brunei exported $1.73k to Portugal. The main products exported from Brunei to Portugal were Trunks and Cases ($749), Knit Active Wear ($232), and Non-Knit Active Wear ($230). During the last 5 years the exports of Brunei to Portugal have increased at an annualized rate of 0.058%, from $1.73k in 2022 to $1.73k in 2017.

Exports from Portugal () to Brunei () (2022)

Exports from Brunei () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Brunei
Top DestinationAustralia$2.66B

This map shows whether countries import more from Portugal or Brunei. Each country is colored based on the difference in imports they receive from Portugal and Brunei or the difference in the growth in imports.

In 2022, countries that imported more from Portugal than Brunei included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Brunei than Portugal included Australia ($2.66B), Japan ($2.32B), and Singapore ($1.97B).

Difference in imports from Brunei () and Portugal () (2022)

Comparative Advantage Portugal - Brunei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Portugal and Brunei by product, considering products traded by both, Portugal and Brunei.

During 2022, Portugal had a large net trade with Brunei in the exports of Textiles ($103k), Chemical Products ($35k), and Machines ($32.4k).

During 2017, Brunei had a large net trade with Portugal in the exports of Animal Hides ($749), Textiles ($588), and Footwear and Headwear ($368).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Portugal and Brunei. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Brunei. Similarly, a dot/product with the flag of Brunei indicates it has a comparative advantage over Portugal.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Brunei () (2022)

Exports from Brunei () to Portugal () (2022)

Market Competitiveness

Difference in imports from Brunei () and Portugal () (2022)

Comparative Advantage Portugal - Brunei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Portugal () and Brunei () (2022)

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