BANDAR SERI BEGAWAN, Jul 9 (NNN-ANN) – Brunei saw a 50.1 percent year-on-year growth in its trade, to reach 2.25 billion Brunei dollars (1.61 billion U.S. dollars) in Feb this year, official data showed yesterday.
According to the Department of Economic Planning and Statistics, under the Ministry of Finance and Economy, Brunei’s exports increased by 54.8 percent year-on-year, to 1.45 billion Brunei dollars in Feb, due largely to a growth in mineral fuel exports.
Mineral fuels contributed most to Feb’s total exports, accounting for 76.9 percent with a value of 1.11 billion Brunei dollars, showed the data.
Meanwhile, Brunei’s imports rose by 42.4 percent year-on-year to 804.1 million Brunei dollars.
The highest share of Brunei’s exports in Feb went to Japan at 20.6 percent, followed by Australia at 20.3 percent and China at 18.2 percent.
Of Brunei’s imports in Feb, Kazakhstan accounted for 32.3 percent, followed by Iraq with 17.4 percent and Australia with 10.9 percent. (1 Brunei dollar equals about 0.71 U.S. dollar)– NNN-ANN
