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Page 1: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

JANUARY

2017

Page 2: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

1

INTERNATIONAL MERCHANDISE TRADE STATISTICS (IMTS) JANUARY 2017

Highlights

The total trade for the month of January 2017 was BND1,020.7 million, comprising exports

totaling BND694.9 million and imports valued at BND325.8 million. This represented an increase

of 24.1 per cent compared to the previous month. On a y-o-y basis, total trade decreased by 7.4

per cent from BND1,102.4 million during the same month in 2016.

The trade balance in January 2017 amounted to BND369.1 million, an increase of 81.6 per cent

compared to BND203.3 million in December 2016. Meanwhile on a y-o-y basis, the trade

balance recorded an increase from BND334.2 million in January 2016 to BND369.1 million

(January 2017).

Table 1: Exports, Imports and Trade Balance, January 2017

Value (BND Million) Change (%)

Jan-16

Dec-16

Jan-17 p

m-o-m y-o-y

Total Trade 1,102.4

822.5

1,020.7

24.1

-7.4

Exports 718.3

512.9

694.9

35.5

-3.3

Imports 384.1

309.6

325.8

5.2

-15.2

Trade Balance 334.2 203.3 369.1 81.6 10.4

Notes: p = Provisional Total Trade = Exports + Imports

0

200

400

600

800

1,000

1,200

Jan-

16

Feb

-16

Mac

-16

Ap

r-1

6

May

-16

Jun

-16

Jul-

16

Au

g-1

6

Sep

-16

Oct

-16

No

v-1

6

Dec

-16

Jan

-17

Expo rts

Impor ts

Trad e B alan ce

Tot al Trade

Chart 1: Exports, Imports, Total Trade and Trade Balance, Jan 2016 - Jan 2017

BN

D M

illio

n

Page 3: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

2

Merchandise Exports

Exports by Commodity Section

On a m-o-m basis, the merchandise exports grew by 35.5 per cent from BND512.9 million in December

2016 to BND694.9 million in January 2017. Mineral Fuels recorded the highest contribution of total

exports with BND644.5 million followed by Chemicals (BND30.3 million) and Machinery and Transport

Equipment (BND13.0 million).

Meanwhile on a y-o-y basis, the merchandise exports declined by 3.3 per cent from BND718.3 million in

January 2016 to BND694.9 million in January 2017.

Table 2: Exports by Commodity Sections, January 2017

Section Value (BND Million) Change (%)

Jan-16 Dec-16 Jan-17 p

m-o-m y-o-y

Food 0.5 2.4 0.6 -75.0 20.0

Beverages and Tobacco 0.1 0.3 0.3 0.0

200.0

Crude Materials Inedible 2.0 0.8 0.8 0.0

-60.0

Mineral Fuels 662.8 448.3 644.5 43.8

-2.8

Animal and Vegetable Oils and Fats 0.0 -

0.0 0.0

0.0

Chemicals 19.5 20.4 30.3 48.5

55.4

Manufactured Goods 3.3 2.9 2.0 -31.0

-39.4

Machinery and Transport Equipment 23.6 27.0

13.0 -51.9

-44.9

Miscellaneous Manufactured Articles 5.4 9.5

2.5 -73.7

-53.7

Miscellaneous Transactions 0.9 1.3 1.1 -15.4

22.2

Total 718.3

512.9

694.9

35.5

-3.3

Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month

Major Exports

On m-o-m basis, major exports increased by 43.8 per cent in January 2017. This was mainly due to

increases in the exports of Crude Oil and Liquefied Natural Gas (LNG) by 24.9 per cent and 67.1 per cent

respectively.

The increase in the exports of Crude Oil was due to an increase in the trade volume of of Crude Oil from

103.55 kbbl per day (December 2016) to 122.67 kbbl per day (January 2017). The export price of Crude

Oil also increased from USD53.92/bbl (December 2016) to USD56.98/bbl (January 2017).

Meanwhile, the increase in the exports of LNG was due to an increase in trade volume LNG from

592,917 MMBtu per day (December 2016) to 960,231 MMBtu per day (January 2017). The export price

of LNG also increased from USD7.56/MMBtu (December 2016) to USD7.85/MMBtu (January 2017).

Page 4: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

3

Compared to January 2016, major exports decreased by 2.8 per cent (y-o-y). This was due to a decrease

in the trade volume of Crude Oil and LNG.

Table 3: Major Exports, January 2017

Month & Year Change (%)

Jan-16 Dec-16 Jan-17 p m-o-m y-o-y

Exports 718.3

512.9

694.9

35.5

-3.3 Of which

Major exports 662.8

448.2

644.5

43.8

-2.8 Crude Oil:

Value (BND million) 204.2

247.9

309.7

24.9

51.7 Volume (kbbl/day) 139.33

103.55

122.67

18.5 -12.0

Price (USD/bbl) 33.07

53.92

56.98

5.7 72.3 LNG

Value (BND million) 458.6

200.3

334.8

67.1

-27.0 Volume (MMBtu/day) 1,199,537

592,917

960,231

62.0 -19.9

Price (USD/MMBtu) 8.65

7.56

7.85

3.8 -9.2 Source: Royal Brunei Customs and Excise Department of Ministry of Finance and Energy Department of Prime Minister’s Office

Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month

kbbl = thousand barrels MMBtu = million metric British thermal units

Destinations of Exports

By country of destination, the highest share of exports in January 2017 went to Japan (31.2 per cent).

This was followed by Republic of Korea (21.6 per cent), India (20.4 per cent) and Thailand (11.0 per

cent).

31.2

21.6

20.4

11.0

6.9

4.9

1.1

1.1

0.4

1.4

0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0

Japan

Korea, Republic of

India

Thailand

China

Singapore

Taiwan

Malaysia

Indonesia

Others

Chart 2: Share of Exports by Country of Destinations, January 2017

Share (%)

Page 5: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

4

Merchandise Imports

Imports by Commodity Section

In January 2017, merchandise imports grew by 5.2 per cent (m-o-m) from BND309.6 million in

December 2016 to BND325.8 million. Machinery and Transport Equipment recorded the highest

contribution of imports with BND124.1 million followed by Food (BND54.8 million) and Manufactured

Goods (BND53.8 million).

On a y-o-y basis, total imports decreased by 15.2 per cent as a result of lower imports of Mineral Fuels

by 51.8 per cent. This was followed by Manufactured Goods (46.5 per cent) and Crude Materials

Inedible (29.8 per cent).

Table 4: Imports by Commodity Section, January 2017

Section Value (BND Million) Change (%)

Jan-16 Dec-16 Jan-17 p m-o-m y-o-y

Food 59.7

50.9

54.8

7.7

-8.2

Beverages and Tobacco 6.0

3.8

5.5

44.7

-8.3 Crude Materials Inedible 4.7

3.7

3.3

-10.8

-29.8

Mineral Fuels 68.2

38.1

32.9

-13.6

-51.8 Animal and Vegetable Oils and Fats 1.3

1.4

1.6

14.3

23.1

Chemicals 24.6

25.5

21.4

-16.1

-13.0 Manufactured Goods 100.6

51.6

53.8

4.3

-46.5

Machinery and Transport Equipment 92.0

100.2

124.1

23.9

34.9 Miscellaneous Manufactured Articles 25.8

33.4

26.4

-21.0

2.3

Miscellaneous Transactions 1.1

1.2

2.0

66.7

81.8 Total 384.1

309.6

325.8

5.2

-15.2

Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month

Imports by End-Use Category

In January 2017, imports of Intermediate Goods accounted for 60.6 per cent of the total imports. This

was followed by Capital Goods and Consumption Goods, with 30.4 per cent and 9.0 per cent

respectively.

Share (%)

Page 6: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

5

The main imports of Capital Goods were Machinery and Transport Equipment, Manufactured Goods

and Chemicals. Of these, the largest share was Machinery and Transport Equipment valued at BND55.9

million.

Meanwhile the highest share of Intermediate Goods imports was Machinery and Transport Equipment

(BND63.3 million). This was followed by imports of Food (BND42.0 million) and Mineral Fuels (BND30.6

million).

On the other hand, Consumption Goods imports were household items such as Food (BND12.7 million),

Machinery and Transport Equipment (BND5.0 million) and Manufactured Goods (BND3.2 million).

Chart 3: Contribution of Import by End Use Category Classification, January, 2017

Page 7: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

6

Table 5: Main Contribution to Imports by End Use Categories

Description Value (BND Million) Contribution (percentage)

Jan-16 Dec-16 Jan-17p Jan-16 Dec-16 Jan-17p

Capital Goods 106.1 89.7 99.3 27.6 29.0 30.4

Machinery and Transport Equipment 41.4 45.1 55.9 10.8 14.6 17.1

Manufactured Goods 43.7 21.3 22.7 11.4 6.9 7.0

Chemicals 11.0 11.4 9.6 2.9 3.7 2.9

Others 9.9 11.9 11.2 2.6 3.9 3.4

Intermediate Goods 243.5 190.6 197.3 63.4 61.5 60.6

Machinery and Transport Equipment 46.9 51.1 63.3 12.2 16.5 19.4

Food 45.9 39.1 42.0 11.9 12.6 12.9

Mineral Fuels 63.4 35.4 30.6 16.5 11.4 9.4

Others 87.3 65.0 61.4 22.7 21.0 18.8

Consumption Goods 34.5 29.3 29.2 9.0 9.5 9.0

Food 13.8 11.8 12.7 3.6 3.8 3.9

Miscellaneous Manufactured Articles 3.7 4.0 5.0 1.0 1.3 1.5

Machinery and Transport Equipment 5.2 3.4 3.2 1.3 1.1 1.0

Others 11.9 10.0 8.3 3.1 3.2 2.6

Total 384.1 309.6 325.8 100.0 100.0 100.0

Notes: p = provisional

Origin of Imports

The highest share of imports in January 2017 came from Malaysia accounting for 17.7 per cent, followed

by Singapore (17.0 per cent), China (14.5 per cent) and United Kingdom (12.6 per cent).

17.7

17.0

14.5

12.6

11.2

4.1

2.9

2.9

2.7

2.3

12.0

0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0

Malaysia

Singapore

China

United Kingdom

USA

Japan

Thailand

Indonesia

Germany

Korea, Republic of

Other Countries

Chart 4: Share of Imports by Country of Origin, January 2017

Share (%)

Page 8: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

7

TECHNICAL NOTES

1. Introduction

The International Merchandise Trade statistics (IMTS) are compiled on a monthly basis based on the

import and export data submitted by the Royal Customs and Excise Department, Ministry of Finance

through customs declarations and from the Energy Department, Prime Minister’s Office. The general

system of recording IMTS adopted by Brunei Darussalam covers imports, domestic exports and re-

exports that have been cleared through customs.

2. Coverage of Merchandise

All goods imported into or exported from Brunei Darussalam are included in the IMTS. The following classes of goods are excluded:

currency notes and coins in circulation;

personal and household effects which do not incur any Brunei Darussalam customs duty and which are taken by passengers for their own use;

stores and fuel supplied to Brunei ships and aircraft;

articles on loan or rent for example, equipment for oil surveys and experimental drilling, etc.;

goods in transit;

fish and other marine products landed from Brunei Darussalam fishing vessels direct from fishing grounds;

goods imported and exported by or on behalf of diplomatic services; and

goods imported by the armed forces.

3. Time of Recording

Brunei Darussalam uses the ‘release date’ as its time of recording, which provides the time/date that

stipulated in source documents when goods enter or leave the economic territory.

4. Valuation

Imports are valued at CIF, that is, the value of goods at the frontier of the exporting country plus the cost of insurance and freight and any other charges when sold for export to Brunei Darussalam. Custom duties are not included in the value of imports. Exports are valued at FOB, that is, the value of goods to be purchased abroad up to the point where the goods are deposited on board the outgoing vessel, aircraft and/or vehicle. Goods on consignment are valued at the current import price for imports and the current export price for exports.

Goods are recorded at their market value. Values are reported in millions of Brunei dollars. Data

reported in foreign currencies are converted into local currency at prevailing market exchange rate on

the date of permit clearance.

Page 9: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

8

5. Commodity Classification

Commodity items reported are classified in accordance with the Brunei Darussalam Trade Classification and Customs Duties 2012. This classification incorporates the ASEAN Harmonized Tariff Nomenclature (AHTN), which is based on the 6-digits Harmonised Commodity Description and Coding System Nomenclature (H.S) developed by the World Customs Organisation (WCO).

For International comparability in this report import and export are classified according to the United Nations Standard Trade Classification, Revision 4 (SITC Rev. 4) for the purpose of international comparability of statistics on external trade.

The imports data can also categorized according to their end-use categories, namely Capital,

Intermediate or Consumption based on Brunei Darussalam’s Broad Economic Categories (BDBEC), which

is adapted from United Nation, the Fifth revision of Broad Economic Categories.

The BDBEC is classified in accordance to Broad Economic Category introduced by the United Nations

and as a means for converting data compiled in terms of SITC into end-use categories.

The BDBEC provides categories which can be aligned into 3 large classes of goods in the System of

National Accounts (SNA):

Capital Goods are used as means of producing other goods or services.

Intermediate Goods are semi-processed, semi-manufactured and industrial-supplies; and

transformed or used up in the production of goods and services.

Consumption Goods are final product mainly used by households for final consumption.

Page 10: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

9

APPENDIX

Period

Value (BND Million)

Exports

Imports

Total Trade

Trade Balance Total

Domestic Exports

Re-Exports

2014 13,438.0 12,716.3 721.8 4,556.1 17,994.1 8,881.9

Q1 3,657.6 3,596.3 61.3 658.9 4,316.5 2,998.7

Q2 3,569.0 3,454.6 114.4 1,173.5 4,742.5 2,395.5

Q3 3,358.8 2,930.9 427.9 1,403.5 4,762.3 1,955.3

Q4 2,852.7 2,734.5 118.2 1,320.2 4,172.9 1,532.5

2015 8,714.8 8,283.0 431.7 4,447.5 13,162.3 4,267.3

Q1 2,562.7 2,392.9 169.8 899.3 3,462.0 1,663.4

Q2 2,281.2 2,195.4 85.8 1,183.7 3,464.9 1,097.5

Q3 1,931.3 1,857.0 74.4 1,357.0 3,288.3 574.3

Q4 1,939.5 1,837.7 101.8 1,007.5 2,947.0 932.0

2016 6,735.6 6,106.8 628.8 3,689.0 10,424.6 3,046.6

Q1 1,882.9 1,754.1 128.8 979.1 2,862.0 903.8

Q2 1,521.2 1,406.7 114.5 967.8 2,489.0 553.4

Q3 1,687.4 1,409.1 278.2 843.5 2,530.9 843.9

Q4 1,644.1 1,536.9 107.3 898.5 2,542.6 745.6

Jan 718.3 683.5 34.7 384.1 1,102.4 334.2

Feb 502.5 482.6 19.9 240.7 743.2 261.8

Mar 662.1 588.0 74.1 354.3 1.016.4 307.8

Apr 512.3 473.9 38.4 316.4 828.7 195.9

May 505.1 460.3 44.8 314.2 819.3 190.9

June 503.8 472.5 31.3 337.3 841.1 166.5

July 677.9 491.7 186.1 260.1 938.0 417.8

Aug 461.1 410.5 50.5 318.0 779.1 143.1

Sept 548.4 506.9 41.6 265.3 813.7 283.1

Oct 545.5 516.8 28.7 299.3 844.8 246.2

Nov 585.7 550.7 35.0 289.6 875.3 296.1

Dec 512.9 469.4 43.5 309.6 822.5 203.3

2017 (YTD) 694.9 676.1 18.9 325.8 1,020.7 369.1

Jan p 694.9 676.1 18.9 325.8 1,020.7 369.1

Notes: p = provisional Q = quarter YTD= Year to date

Appendix 1: Exports, Imports, Total Trade & Trade Balance, 2014-2017

Page 11: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

10

Appendix 2: Merchandise Exports by Commodity Section, 2016 -2017

Period

Value (BND Million)

Total Food Beverages

and Tobacco

Crude Materials Inedible

Mineral Fuels

Animal & Vegetable Oils & Fats

Chemicals Manufactured Goods

Machinery and Transport

Equipment

Miscellaneous Manufactured

Articles

Miscellaneous Transactions

2016 6,735.6 8.6 2.3 23.8 5,919.1 0.0 324.6 51.5 330.2 62.7 12.0

Jan 718.3 0.5 0.1 2.0 662.8 0.0 19.5 3.3 23.6 5.4 0.9

Feb 502.5 0.4 0.1 1.0 466.0 0.0 14.9 4.1 11.4 3.8 0.8

Mar 662.1 0.9 0.1 2.4 566.6 0.0 20.0 5.9 59.5 5.8 0.8

Apr 512.3 0.5 0.2 1.7 455.3 0.0 17.3 7.6 21.1 7.9 0.7

May 505.1 0.6 0.2 2.6 442.0 0.0 17.5 4.8 29.6 6.8 1.0

June 503.8 0.5 0.0 1.4 458.0 0.0 14.2 3.0 22.9 2.9 0.9

July 677.9 0.4 0.4 2.0 472.6 0.0 168.7 3.0 26.5 2.5 1.7

Aug 461.1 0.6 0.3 2.2 387.2 0.0 21.7 2.9 40.9 4.0 1.3

Sept 548.4 0.5 0.1 2.0 497.1 0.0 8.6 3.7 31.5 4.1 0.7

Oct 545.5 0.5 0.2 2.8 514.8 0.0 1.3 7.4 12.8 4.8 0.8

Nov 585.7 0.8 0.3 2.9 548.4 0.0 0.5 2.9 23.4 5.2 1.1

Dec 512.9 2.4 0.3 0.8 448.3 - 20.4 2.9 27.0 9.5 1.3

2017 (YTD) 694.9 0.6 0.3 0.8 644.5 0.0 30.3 2.0 13.0 2.5 1.1

Jan p 694.9 0.6 0.3 0.8 644.5 0.0 30.3 2.0 13.0 2.5 1.1

Notes: p = provisional YTD= Year to date

Page 12: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

11

Appendix 3: Merchandise Imports by Commodity Section, 2016 -2017

Period

Value (BND Million)

Total Food Beverages

and Tobacco

Crude Materials Inedible

Mineral Fuels

Animal & Vegetable Oils & Fats

Chemicals Manufactured Goods

Machinery and Transport

Equipment

Miscellaneous Manufactured

Articles

Miscellaneous Transactions

2016 3,689.0 599.5 68.9 47.0 314.4 16.2 335.5 736.3 1,214.7 343.3 13.1

Jan 384.1 59.7 6.0 4.7 68.2 1.3 24.6 100.6 92.0 25.8 1.1

Feb 240.7 38.3 5.4 4.3 15.6 1.2 19.2 47.3 80.9 28.2 0.4

Mar 354.3 58.0 5.9 4.3 16.7 1.7 26.0 85.2 130.4 25.3 1.0

Apr 316.4 49.5 5.4 4.3 17.1 1.4 43.2 71.9 92.1 30.9 0.5

May 314.2 55.0 8.6 4.9 18.5 1.5 24.6 58.1 109.2 32.9 0.8

June 337.3 53.8 9.8 4.0 28.8 1.6 30.0 66.4 109.6 32.7 0.6

July 260.1 40.1 6.5 2.7 13.6 1.2 24.1 50.8 96.4 23.3 1.5

Aug 318.0 45.7 4.5 2.9 21.7 1.6 35.8 46.6 129.1 28.2 2.0

Sept 265.3 50.1 3.9 4.1 30.2 1.2 23.1 51.0 78.3 21.9 1.5

Oct 299.3 50.0 4.4 3.4 27.4 1.2 27.4 41.6 111.9 30.4 1.6 Nov 289.6 48.2 4.7 3.7 18.5 1.1 32.2 65.3 84.7 30.3 0.9 Dec 309.6 50.9 3.8 3.7 38.1 1.4 25.5 51.6 100.2 33.4 1.2 2017 (YTD) 325.8 54.8 5.5 3.3 32.9 1.6 21.4 53.8 124.1 26.4 2.0 Jan p 325.8 54.8 5.5 3.3 32.9 1.6 21.4 53.8 124.1 26.4 2.0

Notes: p = provisional YTD= Year to date

Page 13: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

12

Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month

Appendix 4 : Exports of Crude Oil and LNG by Country of Destination

Country Value (BND Million) Change (%)

Jan-16 Dec-16 Jan-17 p m-o-m y-o-y

Total 662.8 448.2 644.5 43.8

-2.8

Crude Oil 204.2

247.9 309.7 24.9

51.7

Japan 16.0 23.7 - - -

Korea, Republic of 29.6 - 23.5 - -20.6

Australia -

42.2 - -

-

China 28.6

49.3 45.8 -7.1 60.1

India 55.8 45.5 141.9 211.9 154.3

Malaysia - 21.1 - - -

New Zealand 30.9 - - - -

Singapore - 24.1 24.6 2.1 -

Thailand 43.3 42.0 73.9 76.0 70.7

LNG 458.6 200.3 334.8 67.1 -27.0

Japan 324.5 133.2 212.6 59.6 -34.5

Korea, Republic of 93.0 47.6 122.2 156.7 31.4

Malaysia - 19.5 - - -

Taiwan 41.1 - - - -

Page 14: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

13

Appendix 5: Imports by End Use Categories, 2010 -2017

Period Value (BND Million)

Imports Capital Intermediate Consumption

2010 3,457.3 1,112.1 2,016.5 328.6

2011 4,528.4 1,506.0 2,639.5 382.9

2012 4,454.6 1,376.7 2,682.6 395.3

2013 4,520.6 1,456.1 2,644.6 419.8

2014 4,556.1 1,412.8 2,741.6 401.6

2015 4,447.5 1,490.0 2,582.1 375.5

Q1 899.3 211.8 525.5 162.0

Q2 1,183.7 388.6 692.4 102.7

Q3 1,357.0 492.1 764.3 100.6

Q4 1,007.5 246.1 599.9 161.6

Jan 295.2 102.1 166.6 26.5

Feb 263.7 81.0 158.1 24.5

Mar 340.4 28.7 200.8 110.9

Apr 349.9 117.5 202.2 30.1

May 407.0 137.0 236.3 33.8

June 426.7 134.1 253.9 38.7

July 613.3 239.5 334.8 39.0

Aug 299.1 93.5 177.6 28.1

Sept 444.6 159.2 251.9 33.6

Oct 342.2 32.1 208.9 101.2

Nov 341.0 110.4 200.2 30.4

Dec 324.3 103.6 190.7 30.0

2016 1,562.9 498.8 922.5 141.7

Jan 384.1 106.1 243.5 34.5

Feb 240.7 76.8 142.5 21.5

Mar 354.3 117.4 206.3 30.6

Apr 316.4 104.6 184.5 27.3

May 314.2 96.8 186.6 30.8

June 337.3 103.2 202.7 31.5

July 260.1 85.6 151.7 22.7

Aug 318.0 105.3 184.8 27.9

Sept 265.3 76.7 162.9 25.7

Oct 299.3 91.9 180.2 27.2

Nov 289.6 91.7 171.0 26.9

Dec 309.6 89.7 190.6 29.3 2017 325.8 99.3 197.3 29.2 Jan p 325.8 99.3 197.3 29.2

Notes: p = provisional

Page 15: JANUARY 2017 › DEPD Documents Library › DOS › IMTS › 2017...Exports 718.3 512.9 694.9 35.5 -3.3 Imports 384.1 309.6 325.8 5.2 -15.2 Trade Balance 334.2 203.3 369.1 81.6 10.4

IMTS January 2017

DEPARTMENT OF ECONOMIC PLANNING AND DEVELOPMENT, PRIME MINISTER’S OFFICE

14

Appendix 6: Exports and Imports by Country, January 2017

Country Value (BND Million) Change (%)

Jan-16 Dec -16 Jan -17p m-o-m y-o-y

Exports to Country of Destination

Japan 344.6 156.9 216.9

38.2 -37.1

Korea, Republic of 126.8 49.8 150.0

201.2 18.3

India 56.3 45.7 142.0

210.7 152.2

Thailand 46.0 44.1 76.5

73.5 66.3

China 33.1 57.0 48.0

-15.8 45.0

Singapore 18.8 39.6 34.2 -13.6 81.9

Taiwan 43.6 2.1 7.7

266.7 -82.3

Malaysia 8.6 57.9 7.4

-87.2 -14.0

Indonesia 3.2 0.1 2.7 2,600.0 -15.6

Others 37.3 59.7 9.5

-84.1 -74.5

Total 718.3 512.9 694.9

35.5 -3.3

Imports from Country of Origin

Malaysia 72.5 64.7 57.8

-10.7 -20.3

Singapore 105.3 65.6 55.4

-15.5 -47.4

China 54.1 44.8 47.4

5.8 -12.4

United Kingdom 9.2 4.9 40.9

734.7 344.6

USA 37.2 38.9 36.4

-6.4 -2.2

Japan 13.5 8.8 13.3

51.1 -1.5

Thailand 13.5 11.5 9.6

-16.5 -28.9

Indonesia 6.7 10.5 9.5

-9.5 41.8

Germany 15.8 8.5 8.9

4.7 -43.7

Korea, Republic of 15.5 12.4 7.5

-39.5 -51.6

Other Countries 40.8 39.0 39.1

0.3 -4.2

Total 384.1 309.6 325.8

5.2 -15.2

Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month