2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Brunei-Norway Trade: In 2022, Brunei exported $122k to Norway. The main products that Brunei exported to Norway were Liquid Pumps ($59.3k), Valves ($24.9k), and Wrenches ($10.2k). Over the past 5 years the exports of Brunei to Norway have decreased at an annualized rate of 47.4%, from $3.02M in 2017 to $122k in 2022.

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

Norway-Brunei Trade: In 2022, Norway exported $88.4M to Brunei. The main products that Norway exported to Brunei were Crude Petroleum ($84.4M), Non-fillet Fresh Fish ($1.05M), and Non-fillet Frozen Fish ($716k). Over the past 5 years the exports of Norway to Brunei have increased at an annualized rate of 10.9%,  from $15.1M in 2017 to $88.4M in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $122k to Norway. The main products exported from Brunei to Norway were Liquid Pumps ($59.3k), Valves ($24.9k), and Wrenches ($10.2k). During the last 5 years the exports of Brunei to Norway have decreased at an annualized rate of 47.4%, from $3.02M in 2017 to $122k in 2022.

In 2017, Norway exported $88.4M to Brunei. The main products exported from Norway to Brunei were Crude Petroleum ($84.4M), Non-fillet Fresh Fish ($1.05M), and Non-fillet Frozen Fish ($716k). During the last 5 years the exports of Norway to Brunei have increased at an annualized rate of 10.9%, from $15.1M in 2022 to $88.4M in 2017.

Exports from Brunei (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Brunei (Flag) (2022)

Latest Data

Trade between Brunei (Flag) and Norway (Flag)

Brunei Exports

Norway Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Brunei than Norway included Australia ($2.66B), Singapore ($1.97B), and Malaysia ($1.37B).

In 2022, countries that imported more from Norway than Brunei included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway (Flag) and Brunei (Flag) (2022)

Comparative Advantage Brunei - Norway

Flow
Scale

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

During 2022, Brunei had a large net trade with Norway in the exports of Machines ($103k), Metals ($10.7k), and Plastics and Rubbers ($6.07k).

During 2017, Norway had a large net trade with Brunei in the exports of Mineral Products ($84.4M), Animal Products ($1.77M), and Machines ($1.09M).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Norway (Flag) (2022)

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