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.
U.S.-Brunei Darussalam Trade Facts
Brunei is currently our 141st largest goods trading partner with $243 million in total (two ways) goods trade during 2012. Goods exports totaled $157 million; Goods imports totaled $86 million. The U.S. goods trade surplus with Brunei was $71 million in 2012.
Brunei was the United States' 139th largest goods export market in 2012.
U.S. goods exports to Brunei in 2012 were $157 million, down 14.7% ($27 million) from 2011, but up 239% from 2002.
The top export categories (2-digit HS) for 2012 were: Machinery ($45 million), Aircraft ($31 million), Optic and Medical Instruments ($14 million), Special Other (low value shipments) ($14 million), and Electrical Machinery ($12 million),
U.S. exports of agricultural products to Brunei totaled $5 million in 2012.
Brunei was the United States' 128th largest supplier of goods imports in 2012.
U.S. goods imports from Brunei a totaled $86 million in 2012, a 268% increase ($63 million) from 2011, but down 70% from 2002.
The top 5 imports categories (2-digit HS) for 2011 were: Mineral Fuel (oil) ($75 million), Knit Apparel ($4 million), Special Other (returns) ($3 million), Organic Chemicals ($3 million), and Aircraft ($658 thousand).
There were no U.S. imports of agricultural products from Brunei in 2012.
U.S. foreign direct investment (FDI) in Brunei (stock) was $55 million in 2011 (latest data available), down 3.5% from 2010.
The distribution of U.S. FDI in Brunei is not available.
Brunei FDI in the United States (stock) was not available in 2011.
NOTE: No services trade data with Brunei is available.