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 121st largest goods trading partner with $576 million in total (two ways) goods trade during 2013. Goods exports totaled $559 million; Goods imports totaled $17 million. The U.S. goods trade surplus with Brunei was $541 million in 2013.
Brunei was the United States' 100th largest goods export market in 2013.
U.S. goods exports to Brunei in 2013 were $559 million, up 254.4% ($401 million) from 2012, and up 1,389% from 2003.
The top export categories (2-digit HS) for 2013 were: Aircraft ($399 million), Machinery ($64 million), Optic and Medical Instruments ($23 million), Special Other (low value shipments) ($18 million), and Electrical Machinery ($16 million).
U.S. exports of agricultural products to Brunei totaled $6 million in 2013.
Brunei was the United States' 160th largest supplier of goods imports in 2013.
U.S. goods imports from Brunei totaled $17 million in 2013, a 81% decrease ($69 million) from 2012, and down 96% from 2003.
The top 5 imports categories (2-digit HS) for 2013 were: Organic Chemicals ($7 million), Special Other (returns) ($4 million), Knit Apparel ($3 million), Fish and Seafood (shrimp and prawns) ($2 million), and Woven Apparel ($758 thousand).
There were no U.S. imports of agricultural products from Brunei in 2013.
The U.S. goods trade surplus with Brunei was $541 million in 2013, up 658.8% ($470 million) from 2012.
U.S. foreign direct investment (FDI) in Brunei (stock) was $116 million in 2012 (latest data available), up 17.2% from 2011.
The distribution of U.S. FDI in Brunei is not available.
Brunei FDI in the United States (stock) was not available in 2012.
*NOTE: No services trade data with Brunei is available.