Brunei Darussalam-India Bilateral Trade Analysis 2023
Complete trade statistics: $221.54M total volume •Brunei Darussalam surplus: $73.99M
Brunei Darussalam → India
$147.76M
Exports (2023)
India → Brunei Darussalam
$73.77M
Imports (2023)
Trade Balance
$73.99M
Surplus for Brunei Darussalam
Total Trade
$221.54M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brunei Darussalam and India. Green line shows exports from Brunei Darussalam, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brunei Darussalam-India commercial relationship and competitive positioning in global markets.
Brunei Darussalam → India Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brunei Darussalam's export portfolio to India demonstrates strategic specialization, with oils: petroleum oils and oils obtained from bituminous minerals, crude representing a key competitive advantage in this bilateral market.
India → Brunei Darussalam Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brunei Darussalam's import pattern from India reveals significant dependencyin vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brunei Darussalam demonstrates competitive strength in exportingoils: petroleum oils and oils obtained from bituminous minerals, crude to India, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $221.54M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brunei Darussalam-India Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $221.54 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Brunei Darussalam maintains a surplus of $73.99 million
- Export Focus: Brunei Darussalam's primary exports include oils: petroleum oils and oils obtained from bituminous minerals, crude, fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, oils and other products of the distillation of high temperature coal tar: n.e.c. in heading no. 2707
- Import Dependencies: Key imports from India include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc, meat: of bovine animals, boneless cuts, frozen
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $221.54M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brunei Darussalam leveraging its comparative advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brunei Darussalam's specialization in oils: petroleum oils and oils obtained from bituminous minerals, crudecomplements India's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $221.54M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $221.54M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $221.54 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in oils: petroleum oils and oils obtained from bituminous minerals, crude and vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brunei Darussalam's trade surplus of $73.99 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brunei Darussalam and India represents a total trade volume of $221.54 million in 2023. This partnership demonstrates a favorable trade balance for Brunei Darussalam, with exports exceeding importsby $73.99 million.
Export Strengths
Brunei Darussalam's exports to India total $147.76 million, with competitive advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude, representing $129.23M or87.5% of bilateral exports.
Import Dependencies
Imports from India amount to $73.77 million, highlighting economic interdependence in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, with Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc comprising18.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brunei Darussalam's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brunei Darussalam and India in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023