One Thousand One Hundred Twelve Point Nine million dollars were recorded for the total of the country's international trade for the month of May this year. According to the statistic released by the Department of Economic Planning and Development, JPKE, the total shows an increase compare to May last year, which is 9 Hundred 2 Point 6 Million Dollars.

Trade balance increased by 55 point 2 per cent to 4 Hundred 25 Point 5 million from 2 Hundred 74 Point 2 million Dollars in May 2016.

Exports for the month of May 2017 increased by 30 Point 7 per cent from 5 Hundred 88 Point 4 million Dollars in May 2016 to 7 Hundred 69 Point 2 million Dollars. Exports of Mineral fuels recorded the highest contribution of 87 Point 7 per cent of total exports, comprising of Crude Oil 2 Hundred 95 Point 4 million and Liquefied Natural Gas (LNG), 3 Hundred 78 Point 9 million Dollars. The highest exports market was to Japan with 21 Point 8 per cent of total exports, followed by Malaysia 19 Point 3 per cent, Singapore 14 Point 5 per cent, Thailand 11 Point 1 per cent.

Meanwhile, in May 2017, imports of goods increased by 9 Point 4 percent from 3 Hundred 14 Point 2 million in May 2016 to 3 Hundred 43 Point 7 million Dollars. Meanwhile, the top contributions of imports by commodity were Manufactured Goods 28 Point 2 per cent, Machinery and Transport Equipment 26 Point 2 per cent, Food 16 Point 5 per cent, Miscellaneous Manufactured Articles 10 Point 9 per cent and Mineral Fuels 8 Point 4 per cent. Imports of Intermediate Goods comprise 60 per cent of the total imports. This was followed by imports of Capital Goods 30 Point 4 per cent and Consumption Goods 9 Point 6 per cent. The highest imports came from China with 23 Point 1 per cent of total imports, followed by Malaysia 21 Point 6 per cent, Singapore 17 Point 6 per cent, United States of America with 7 Point 3 per cent.

Source: Radio Television Brunei