The total trade for Brunei Darussalam for the month of July this year has increased to one thousand 315 point 3 million dollars compared to 880 point 4 million dollars in the same period last year, representing an increase of 49 point 4 per cent year-on-year.
According to the figures of the Department of Economic Planning and Development, the total exports have climbed by 41 point 6 per cent year-on-year to 841 million dollars in July this year from 593 point 8 million dollars in July last year. This was mainly attributed to the increase in the value of exports of Crude Oil and Liquefied Natural Gas (LNG) by 55 point 3 per cent and 27 per cent year-on-year, respectively.
Meanwhile, the total imports of goods rose by 65 point 5 per cent year-on-year from 286 point 6 million dollars in July last year to 474 point 3 million dollars for the same period this year. The five main import commodities were Machinery and Transport Equipment, followed by Manufactured Goods, Food, Mineral Fuels and Chemicals.
Whereas in July this year, the biggest export markets were Japan with 22 point 5 per cent followed by Australia (14 point 1 per cent), Republic of Korea (13 point 3 per cent), Thailand (11 point 5 per cent), Taiwan (10 point 6 per cent) and others.
For imports by country of origin, the highest share came from China with 47 per cent, followed by Singapore (14 point 6 per cent), Malaysia (12 point 7 per cent) and others. The IMTS full report for July 2018 is available from JPKE's website at 'www.depd.gov.bn'.
Source: Radio Television Brunei