Brunei Darussalam

The United States and Brunei Darussalam meet regularly under a Trade and Investment Framework Agreement to address a range of bilateral issues and to coordinate on WTO, ASEAN, and APEC initiatives. Intellectual property rights (IPR) continues to be a major focus of current U.S. engagement with Brunei.

Brunei and the United States are partners in the ongoing Trans-Pacific Partnership (TPP) negotiations. In this negotiation, the United States is seeking to develop a high-standard, 21st-century regional trade agreement that will support the creation and retention of jobs in the United States and promote economic growth. In addition to the United States and Brunei Darussalam, the TPP negotiating partners include Australia, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, and Singapore, and Vietnam. Starting with a group of like-minded countries, the goal is to expand the agreement to include countries across the Asia Pacific, which together represent more than half of global output and over 40 percent of world trade.

Exports

Brunei was the United States= 134th largest goods export market in 2011.

U.S. goods exports to Brunei in 2011 were $184 million, up 48.4% ($60 million) from 2010, and up 18% from 2000.

The top export categories (2-digit HS) for 2011 were: Machinery ($77 million), Aircraft ($27 million), Optic and Medical Instruments ($16 million), Special Other (low value shipments) ($16 million), and Electrical Machinery ($15 million),

U.S. exports of agricultural products to Brunei totaled $5 million in 2011.

Imports

Brunei was the United States= 155th largest supplier of goods imports in 2011.

U.S. goods imports from Brunei a totaled $23 million in 2011, a 97.2% increase ($12 million) from 2010, but down 94% from 2000.

The top 5 imports categories (2-digit HS) for 2011 were: Precious Stones (platinum) ($9 million), Organic Chemicals ($8 million), Knit Apparel ($3 million), Special Other (returns) ($2 million), and Woven Apparel ($606 thousand).

There were no U.S. imports of agricultural products from Brunei in 2011.

Trade Balance

The U.S. goods trade surplus with Brunei was $161 million in 2011, up 43.2% ($49 million) from 2010.

Investment