International Trade in Brunei Darussalam

International Trade in Brunei Darussalam

Brunei showed moderate growth during the mid 2000s, due to high oil and gas prices. Recently, growth has plummeted suddenly to the point of being negative in 2008-2009. With a GDP growth of around 0.5% in 2010, the country shows the lowest growth rate in the ASEAN and the 2011 outlook is... Read more

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Market Analyses About Brunei Darussalam (5)

Import and Export Services in Brunei Darussalam (37)

  • Josho Management Services

    Josho Management Services

    Management Consulting, Brunei Darussalam

    Josho Management Services is a licensed business to provide Business Management and Consulting; Market Research; and Management...
  • Atlantica Translation Company

    Atlantica Translation Company

    Translation Services, Brunei Darussalam

    Professional Translation Services English to Russian, Russian to English: — marketing translation — technical...

Business Tips About Brunei Darussalam (7)

Agents and Distributors in Brunei Darussalam (5)

  • Krezzofood

    Krezzofood

    Food/Agricultural Sales and Distribution, Brunei Darussalam

    Starting from 2005, we started the business in the field of distribution and logistics. This was followed in 2009 started venturing...
  • DKSH

    DKSH

    Market Entry, Brunei Darussalam

    DKSH is the leading Market Expansion Services provider with a focus on Asia. As the term "Market Expansion Services" suggests,...

Overview About International Trade in Brunei Darussalam

Economic Overview

Brunei showed moderate growth during the mid 2000s, due to high oil and gas prices. Recently, growth has plummeted suddenly to the point of being negative in 2008-2009. With a GDP growth of around 0.5% in 2010, the country shows the lowest growth rate in the ASEAN and the 2011 outlook is hardly more optimistic.

The production of crude oil and natural gas are the most important sectors of the country's economy. They contribute to more than 50% of the GDP and to 90% of the exports. The country, which shows limited production of non-petroleum products, is very depend on imports. The economy diversification policy that it followed has produced very limited results. The government has been seeking, from 2002, to make Brunei an international financial offshore center as well as the Islamic banking center. Ecotourism and information technologies are also promoted. In order to stimulate growth, the government has increased spending on development and social programs support. The bank sector monitoring, reform of the financial system and support for small and medium-sized companies are also among the governement's priorities.

GDP per inhabitant of the Brunei Sultanate is amon...

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