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MAY 2017
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Page 1: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

MAY

2017

Page 2: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 2017

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

1

INTERNATIONAL MERCHANDISE TRADE STATISTICS (IMTS) MAY 2017

Highlights

Total trade for the month of May 2017 was BND1,112.9 million, comprising exports totaling

BND769.2 million and imports valued at BND343.7 million.

This represented an increase of 23.3 per cent year-on-year from BND902.6 million in May 2016.

Meanwhile, the trade balance also recorded an increase from BND274.2 million in May 2016 to

BND425.5 million (May 2017).

On a month-on-month (m-o-m) basis, total trade increased by 19.3 per cent compared to April

2017 due to increases in both exports and imports by 25.4 per cent and 7.6 per cent

respectively.

On a Year-To-Date (YTD) basis (Jan-May), both total trade and trade balance increased by 9.2

per cent and 22.3 per cent respectively.

Table 1: Exports, Imports, Total Trade and Trade Balance, May 2017

Value (BND Million) Change (%)

May-16

Apr-17

May-17p

Jan-May

Jan-May

y-o-y m-o-m YTD

2016 2017

Total Trade 902.6

932.8

1,112.9

4,728.0

5,164.0

23.3

19.3

9.2

Exports 588.4

613.5

769.2

3,118.2

3,504.2

30.7

25.4

12.4

Imports 314.2

319.3

343.7

1,609.7

1,659.7

9.4

7.6

3.1 Trade Balance

274.2 294.2 425.5 1,508.6 1,844.6

55.2 44.6 22.3

Notes: p = Provisional YTD = Year to date 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

Feb

-17

Mac

-17

Ap

r-1

7

May

-17

Exports

Imports

Trade Balance

Total Trade

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

BN

D M

illio

n

Page 3: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 2017

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

2

Merchandise Exports

Exports by Commodity Section

On a y-o-y basis, the merchandise exports grew by 30.7 per cent from BND588.4 million in May 2016 to

BND769.2 million in May 2017. Mineral Fuels recorded the highest contribution of total exports with

BND674.3 million followed by Chemicals (BND61.4 million), Machinery and Transport Equipment

(BND16.4 million) and others.

Meanwhile on a m-o-m basis, the merchandise exports also grew by 25.4 per cent from BND613.5

million in April 2017 to BND769.2 million in May 2017.

May-16 Apr-17 May-17 p Jan-May

2016

Jan-May

2017y-o-y m-o-m YTD

Food 0.6 1.0 0.5 2.9 3.1 -16.7 -50.0 6.9

Beverages and Tobacco 0.2 0.6 0.3 0.8 2.4 50.0 -50.0 200.0

Crude Materials Inedible 2.6 3.1 2.8 9.8 9.7 7.7 -9.7 -1.0

Mineral Fuels 525.2 554.8 674.3 2,810.6 3,199.8 28.4 21.5 13.8

Animal And Vegetable Oils and Fats 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Chemicals 17.5 31.0 61.4 89.2 168.5 250.9 98.1 88.9

Manufactured Goods 4.8 1.7 3.6 25.8 11.6 -25.0 111.8 -55.0

Machinery and Transport Equipment 29.6 17.3 16.4 145.1 80.6 -44.6 -5.2 -44.5

Miscellaneous Manufactured Articles 6.8 3.2 6.9 29.8 21.5 1.5 115.6 -27.9

Miscellaneous Transactions 1.0 0.8 3.0 4.2 6.9 200.0 275.0 64.3

TOTAL 588.4 613.5 769.2 3,118.2 3,504.2 30.7 25.4 12.4

Table 2: Exports by Commodity Sections, May 2017

Section

Value (BND Million) Change (%)

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

Major Exports

On y-o-y basis, major exports increased by 28.4 per cent in May 2017. This was mainly due to increases

in the exports of Crude Oil and Liquefied Natural Gas (LNG) by 14.5 per cent and 41.8 per cent

respectively.

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

127.90 kbbl per day (May 2016) to 131.10 kbbl per day (May 2017) and the exports price of Crude Oil

increased from USD47.63/bbl (May 2016) to USD51.95/bbl (May 2017).

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

999,558 MMBtu per day (May 2016) to 1,042,191 MMBtu per day (May 2017) and the export price of

LNG increased from USD6.36/MMBtu (May 2016) to USD8.44/MMBtu (May 2017).

Page 4: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 2017

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

3

On m-o-m basis, major exports increased by 21.5 per cent in May 2017. This was mainly due to

increases in the exports Crude Oil and Liquefied Natural Gas (LNG) by 15.6 per cent and 26.6 per cent

respectively.

Table 3: Major Exports, May 2017

Month & Year Change (%)

May-16 Apr-17 May-17 p y-o-y m-o-m

Exports 588.4

613.5

769.2

30.7

25.4 Of which

Major exports 525.2

554.8

674.3

28.4

21.5 Crude Oil:

Value (BND million) 257.9

255.6

295.4

14.5

15.6 Volume (kbbl/day) 127.90

111.88

131.10

2.5 17.2

Price (USD/bbl) 47.63

54.37

51.95

9.1 -4.5 LNG

Value (BND million) 267.3

299.2

378.9

41.8

26.6 Volume (MMBtu/day) 999,558

871,191

1,042,191

4.3 19.6

Price (USD/MMBtu) 6.36

8.20

8.44

32.7 2.9 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 May 2017 went to Japan (21.8 per cent). This

was followed by Malaysia (19.3 per cent), Singapore (14.5 per cent), Thailand (11.1 per cent) and others.

21.8

19.3

14.5

11.1

10.9

9.8

5.5

3.3

3.0

1.0

0.0 5.0 10.0 15.0 20.0 25.0

Japan

Malaysia

Singapore

Thailand

India

Taiwan

Australia

China

Korea, Republic of

Others

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

Share (%)

Page 5: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 2017

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

4

Merchandise Imports

Imports by Commodity Section

In May 2017, merchandise imports increased by 9.4 per cent (y-o-y) from BND314.2 million in May 2016

to BND343.7 million (May 2017). Manufactured Goods recorded the highest contribution of imports

with BND97.0 million followed by Machinery and Transport Equipment (BND90.1 million), Food

(BND56.6 million) and others.

On a m-o-m basis, total imports increased by 7.6 per cent as a result of higher imports of Manufactured

Goods of BND75.9 million to BND97.0 million.

May-16 Apr-17 May-17 p Jan-May

2016

Jan-May

2017y-o-y m-o-m YTD

Food 55.0 50.5 56.6 260.5 254.1 2.9 12.1 -2.5

Beverages and Tobacco 8.6 2.9 4.2 31.3 25.3 -51.2 44.8 -19.2

Crude Materials Inedible 4.9 16.8 5.8 22.5 32.2 18.4 -65.5 43.1

Mineral Fuels 18.5 21.2 28.9 136.1 135.8 56.2 36.3 -0.2

Animal And Vegetable Oils and Fats 1.5 1.7 2.0 7.0 8.8 33.3 17.6 25.7

Chemicals 24.6 22.0 20.9 137.5 119 -15.0 -5.0 -13.5

Manufactured Goods 58.1 75.9 97.0 363.1 342.6 67.0 27.8 -5.6

Machinery and Transport Equipment 109.2 96.0 90.1 504.6 562.9 -17.5 -6.1 11.6

Miscellaneous Manufactured Articles 32.9 30.8 37.6 143.1 169.7 14.3 22.1 18.6

Miscellaneous Transactions 0.8 1.4 0.7 3.9 9.3 -12.5 -50.0 138.5

TOTAL 314.2 319.3 343.7 1,609.6 1,659.7 9.4 7.6 3.1

Table 4: Imports by Commodity Sections, May 2017

Section

Value (BND Million) Change (%)

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

Imports by End-Use Category

In May 2017, imports of Intermediate Goods accounted for 60.0 per cent of the total imports. This was

followed by Capital Goods and Consumption Goods, with 30.4 per cent and 9.6 per cent respectively.

Share (%)

Page 6: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 2017

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

5

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

and Miscellaneous Manufactured Articles. Of these, the largest share was Manufactured Goods valued

at BND41.1 million.

Meanwhile the highest share of Intermediate Goods imports was Manufactured Goods (BND50.2

million). This was followed by imports of Machinery and Transport Equipment (BND46.0 million and

Food (BND43.2 million).

On the other hand, Consumption Goods imports were household items such as Food (BND13.4 million),

Manufactured Goods (BND5.7 million) and Miscellaneous Manufactured Articles (BND5.1 million).

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

Page 7: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 2017

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

6

May-16 Apr-17 May-17p May-16 Apr-17 May-17p

Capital Goods 96.8 102.3 104.4 30.8 32.0 30.4

Manufactured Goods 24.0 32.7 41.1 7.6 10.2 12.0

Machinery and Transport Equipment 49.2 43.2 40.6 15.6 13.5 11.8

Miscellaneous Manufactured Articles 10.8 9.2 11.1 3.4 2.9 3.2

Others 12.9 17.2 11.6 4.1 5.4 3.4

Intermediate Goods 186.6 189.4 206.2 59.4 59.3 60.0

Manufactured Goods 30.2 39.1 50.2 9.6 12.3 14.6

Machinery and Transport Equipment 55.7 48.9 46.0 17.7 15.3 13.4

Foods 42.0 38.8 43.2 13.4 12.1 12.6

Others 58.7 62.6 66.9 18.7 19.6 19.5

Consumption Goods 30.8 27.6 33.2 9.8 8.7 9.6

Food 13.1 11.7 13.4 4.2 3.7 3.9

Manufactured Goods 3.8 4.1 5.7 1.2 1.3 1.7

Miscellaneous Manufactured Articles 3.9 3.4 5.1 1.2 1.1 1.5

Others 10.0 8.4 8.9 3.2 2.6 2.6

Total 314.2 319.3 343.7 100.0 100.0 100.0

Table 5: Main Contribution to Imports by End Use Categories

DescriptionValue (BND Million) Contribution (percentage)

Notes: p = provisional

Origin of Imports

The highest share of imports in May 2017 came from China accounting for 23.1 per cent, followed by

Malaysia (21.6 per cent), Singapore (17.6 per cent), USA (7.3 per cent) and others.

23.1

21.6

17.6

7.3

4.1

3.4

2.7

2.6

2.4

2.2

13.0

0.0 5.0 10.0 15.0 20.0 25.0

China

Malaysia

Singapore

USA

Thailand

Germany

Japan

Indonesia

India

United Kingdom

Other Countries

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

Share (%)

Page 8: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 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.

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IMTS May 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 2017. 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: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 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

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 7,215.9 6,587.2 628.8 3,689.0 10,904.9 3,526.9

Q1 2,012.1 1,883.3 128.8 979.1 2,991.2 1,033.0

Q2 1,621.7 1,507.2 114.5 967.8 2,589.5 653.94

Q3 1,828.5 1,550.2 278.2 843.5 2,672.0 985.0

Q4 1,753.7 1,646.4 107.3 898.5 2,652.2 855.2

Jan 749.9 715.1 34.7 384.1 1,134.0 365.8

Feb 574.0 554.1 19.9 240.7 814.7 333.3

Mar 688.2 614.1 74.1 354.3 1.042.5 333.9

Apr 517.8 479.4 38.4 316.4 834.2 201.4

May 588.4 543.6 44.8 314.2 902.6 274.2

June 515.5 484.3 31.3 337.3 852.8 178.2

July 711.3 525.2 186.1 260.1 971.4 451.2

Aug 491.1 440.6 50.5 318.0 809.1 173.1

Sept 626.0 584.4 41.6 265.3 891.3 360.7

Oct 555.5 526.9 28.7 299.3 854.8 256.2

Nov 604.2 569.2 35.0 289.6 893.8 314.6

Dec 593.9 550.4 43.5 309.6 903.5 284.3

2017 (YTD) 3,504.2 3,304.8 199.5 1,659.7 5,164.0 1,844.6

Q1 2,121.6 2,051.4 70.2 996.7 3,118.3 1,124.9

Jan 747.9 729.0 18.9 325.8 1,073.7 422.1

Feb 699.9 677.0 22.9 273.0 972.9 426.9

Mar 673.8 645.4 28.4 397.9 1,071.7 275.9

Apr 613.5 567.7 45.8 319.3 932.8 294.2

May p 769.2 685.7 83.5 343.7 1,112.9 425.5

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

Appendix 1: Exports, Imports, Total Trade & Trade Balance, 2015-2017

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IMTS May 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 7,215.9 8.6 2.4 23.8 6,399.6 0.0 324.7 51.7 330.1 62.7 12.0

Jan 749.9 0.5 0.1 2.0 694.4 0.0 19.5 3.3 23.6 5.4 0.9

Feb 574.0 0.4 0.1 1.0 537.5 0.0 14.9 4.1 11.4 3.8 0.8

Mar 688.2 0.9 0.1 2.4 592.7 0.0 20.0 5.9 59.5 5.8 0.8

Apr 517.8 0.5 0.2 1.7 460.8 0.0 17.3 7.6 21.1 7.9 0.7

May 588.4 0.6 0.2 2.6 525.2 0.0 17.5 4.8 29.6 6.8 1.0

June 515.5 0.5 0.0 1.4 469.8 0.0 14.2 3.0 22.9 2.9 0.9

July 711.3 0.4 0.4 2.0 506.0 0.0 168.7 3.0 26.5 2.5 1.7

Aug 491.1 0.6 0.3 2.2 417.3 0.0 21.7 2.9 40.9 4.0 1.3

Sept 626.0 0.5 0.1 2.0 574.7 0.0 8.6 3.7 31.5 4.1 0.7

Oct 555.5 0.5 0.2 2.8 524.9 0.0 1.3 7.4 12.8 4.8 0.8

Nov 604.2 0.8 0.3 2.9 567.0 0.0 0.5 2.9 23.4 5.2 1.1

Dec 593.9 2.4 0.3 0.8 529.3 - 20.4 2.9 27.0 9.5 1.3

2017 (YTD) 3,504.2 3.1 2.4 9.7 3,199.7 0.0 168.6 11.7 80.6 21.5 7.0

Jan 747.9 0.6 0.3 0.8 697.4 0.0 30.3 2.0 13.0 2.5 1.1

Feb 699.9 0.4 0.6 1.8 659.4 0.0 15.8 1.8 15.2 4.1 0.9

Mar 673.8 0.6 0.6 1.2 613.9 0.0 30.1 2.6 18.7 4.8 1.2

Apr 613.5 1.0 0.6 3.1 554.8 0.0 31.0 1.7 17.3 3.2 0.8

May p 769.2 0.5 0.3 2.8 674.3 0.0 61.4 3.6 16.4 6.9 3.0

Notes: p = provisional YTD= Year to date

Page 12: MAY 2017 Documents Library/DOS/IMTS/2017...Notes: p = provisional y-o-y = year-on-year m-o-m = month-on-month Imports by End-Use Category In May 2017, imports of Intermediate Goods

IMTS May 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) 1,659.7 254.2 25.3 32.1 135.8 8.8 119.0 342.7 562.8 169.8 9.3 Jan 325.8 54.8 5.5 3.3 32.9 1.6 21.4 53.8 124.1 26.4 2.0 Feb 273.0 42.8 4.4 2.7 26.0 1.4 20.7 44.9 108.0 21.3 0.9 Mar 397.9 49.5 8.3 3.5 26.8 2.1 34.0 71.1 144.6 53.7 4.3 Apr 319.3 50.5 2.9 16.8 21.2 1.7 22.0 75.9 96.0 30.8 1.4 May p 343.7 56.6 4.2 5.8 28.9 2.0 20.9 97.0 90.1 37.6 0.7

Notes: p = provisional YTD= Year to date

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IMTS May 2017

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

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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 (%)

May-16 Apr-17 May-17 p y-o-y m-o-m

Total 525.2 554.8 674.3 28.4 21.5

Crude Oil 257.9

255.6 295.4 14.5 15.6

Japan 6.5 - - - -

Korea, Republic of 18.6 22.0 - - -

Australia -

44.7 42.3 - -5.4

China 35.6

- 21.1 -40.7 -

India 79.5 88.4 83.9 5.5 -5.1

Malaysia 20.1 33.1 20.9 4.0 -36.9

Philippines 38.9 - - - -

Singapore - - 42.6 - -

Thailand 38.6 67.3 84.5 118.9 25.6

New Zealand 20.1 - - - -

LNG 267.3 299.2 378.9 41.8 26.6

Japan 166.2 261.2 167.3 0.7 -35.9

Korea, Republic of 57.7 38.0 22.6 -60.8 -40.5

Malaysia 43.4 - 116.5 168.4 -

Taiwan - - 72.5 - -

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IMTS May 2017

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

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Appendix 5: Imports by End Use Categories, 2015 -2017

Period Value (BND Million)

Imports Capital Intermediate Consumption

2015 4,447.5 1,490.0 2,582.1 375.5

Q1 899.3 211.8 525.5 162.0 Q2 1,183.7 388.6 592.4 102.7 Q3 1,357.0 492.1 764.3 100.6 Q4 1,007.5 246.1 599.9 161.6

2016 3,689.0 1,145.8 2,207.4 335.8 Q1 979.1 300.3 592.2 86.6 Q2 967.9 304.6 573.8 89.6 Q3 583.3 182.0 347.7 53.6 Q4 898.5 273.3 541.8 83.4 Jan 384.1 106.1 243.5 34.5 Feb 240.7 76.8 142.4 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 1,316.0 422.8 781.1 112.1

Q1 996.7 320.5 591.7 84.5 Jan 325.8 99.3 197.3 29.2 Feb 273.0 85.6 163.4 24.0 Mar 397.9 135.6 231.0 31.3 Apr 319.3 102.3 189.4 27.6 May p 343.7 104.4 206.2 33.2

Notes: p = provisional

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IMTS May 2017

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

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Appendix 6: Exports and Imports by Country, May 2017

Country Value (BND Million) Change (%)

May-16 Apr-17 May-17 p y-o-y m-o-m

Exports to Country of Destination

Japan 173.5 261.3 167.5

-3.5 -35.9

Malaysia 77.6 40.4 148.3

91.1 267.1

Singapore 18.7 28.0 111.3

495.2 297.5

Thailand 41.6 71.8 85.5

105.5 19.1

India 79.5 88.9 84.0

5.7 -5.5

Taiwan 2.7 0.8 75.0

2,677.8 9,275.0

Australia 0.1 45.2 42.4

42,300.0 -6.2

China 45.5 4.5 25.0

-45.1 455.6

Korea, Republic of 76.5 60.3 22.7

-70.3 -62.4

Others 72.7 12.3 7.5

-89.7 -39.0

Total 588.4 613.5 769.2

30.7 25.4

Imports from Country of Origin

China 52.9 64.4 79.5

50.3 23.4

Malaysia 75.1 68.9 74.1

-1.3 7.5

Singapore 53.0 55.4 60.4

14.0 9.0

USA 24.6 30.2 25.2

2.4 -16.6

Thailand 11.0 11.0 14.0

27.3 27.3

Germany 13.6 8.0 11.7

-14.0 46.3

Japan 17.4 12.8 9.3

-46.6 -27.3

Indonesia 8.5 7.0 8.9

4.7 27.1

India 6.4 7.6 8.4

31.3 10.5

United Kingdom 4.7 3.9 7.6

61.7 94.9

Other Countries 47.0 50.1 44.6

-5.1 -10.0

Total 314.2 319.3 343.7

9.4 7.6

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


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