On this page you will find beneficial information regarding foreign direct investment in / trading with Brunei. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Absolute Monarchy or Sultanate
Population: 445,373 (2021)
GDP: 14.01 billion USD (2021)
Corporate Tax Rate: 18.5%
Personal Income Tax Rate: 0%
Major Exports: Refined Petroleum ($3.57B), Petroleum Gas ($3.1B), Crude Petroleum ($2.1B), Cyclic Hydrocarbons ($1.76B), and Acyclic Alcohols ($205M), exporting mostly to Singapore ($2.36B), China ($2.27B), Japan ($2.15B), Australia ($1.55B), and Malaysia ($611M).
Major Imports: Crude Petroleum ($4.51B), Refined Petroleum ($370M), Cars ($273M), Coal Briquettes ($128M), and Packaged Medicaments ($106M), importing mostly from Malaysia ($1.61B), Russia ($1.14B), Singapore ($850M), Saudi Arabia ($815M), and China ($649M).
Investment Agency: The Brunei Economic Development Board
National Chamber of Commerce: Brunei Malay Chamber of Commerce and Industry
Customs Agency: Royal Customs and Excise Department