Thailand-Brunei Darussalam Bilateral Trade Analysis 2023
Complete trade statistics: $654.15M total volume •Thailand deficit: $441.71M
Thailand → Brunei Darussalam
$106.22M
Exports (2023)
Brunei Darussalam → Thailand
$547.93M
Imports (2023)
Trade Balance
$441.71M
Deficit for Thailand
Total Trade
$654.15M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Thailand and Brunei Darussalam. Green line shows exports from Thailand, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Thailand-Brunei Darussalam commercial relationship and competitive positioning in global markets.
Thailand → Brunei Darussalam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Thailand's export portfolio to Brunei Darussalam demonstrates strategic specialization, with cereals: rice, semi-milled or wholly milled, whether or not polished or glazed representing a key competitive advantage in this bilateral market.
Brunei Darussalam → Thailand Imports
Import Dependency Profile
📦 Import Strategy Analysis
Thailand's import pattern from Brunei Darussalam reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Thailand demonstrates competitive strength in exportingcereals: rice, semi-milled or wholly milled, whether or not polished or glazed to Brunei Darussalam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $654.15M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Thailand-Brunei Darussalam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $654.15 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Thailand maintains a deficit of $441.71 million
- Export Focus: Thailand's primary exports include cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, dog or cat food: put up for retail sale, used in animal feeding, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
- Import Dependencies: Key imports from Brunei Darussalam include oils: petroleum oils and oils obtained from bituminous minerals, crude, petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution
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 $654.15M 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 Thailand leveraging its comparative advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.
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
Thailand's specialization in cereals: rice, semi-milled or wholly milled, whether or not polished or glazedcomplements Brunei Darussalam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $654.15M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $654.15M 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 $654.15 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Thailand's trade deficit of $441.71 million impacts 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 Thailand and Brunei Darussalam represents a total trade volume of $654.15 million in 2023. This partnership demonstrates an unfavorable trade balance for Thailand, with imports exceeding exportsby $441.71 million.
Export Strengths
Thailand's exports to Brunei Darussalam total $106.22 million, with competitive advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, representing $8.96M or8.4% of bilateral exports.
Import Dependencies
Imports from Brunei Darussalam amount to $547.93 million, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising50.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Thailand's strategic sourcing from Brunei Darussalam. 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 Thailand and Brunei Darussalam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023