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Who buys Brunei’s crude oil? Export destinations 2024

In 2024, Brunei exported $2.1 billion of crude oil (3.4 million tonnes), 0.2% of the world total. Its main destinations were Australia (25%), Thailand (24%) and Indonesia (15%). Brunei was the world’s 35th-largest exporter of crude oil.

Summary

Value
$2.1billion
Tonnes
3.4million tonnes
Share of world total
0.2%
World rank
35th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 9 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Australia517Tonnes: 941,587USD per tonne: $54924.7%Sea
Thailand492Tonnes: 738,496USD per tonne: $66723.5%Sea
Indonesia312Tonnes: 460,518USD per tonne: $67814.9%Sea
Singapore re-exports244Tonnes: 429,988USD per tonne: $56711.7%Sea
India231Tonnes: 347,592USD per tonne: $66611.1%Sea
Japan103Tonnes: 190,093USD per tonne: $5424.9%Sea
Vietnam98.5Tonnes: 162,817USD per tonne: $6054.7%Sea
Malaysia70Tonnes: 99,930USD per tonne: $7013.4%Land
Philippines22.6Tonnes: 41,502USD per tonne: $5441.1%Sea

Trend

Who it sells to

Australia has been its main destination since 2021

Value in USD billions. The five largest destinations in 2024.

  • Australia 0.52
  • Thailand 0.49
  • Indonesia 0.31
  • Singapore 0.24
  • India 0.23

Source: CEPII BACI

Show the numbers
Partner19952024
Australia0.020.52
Thailand0.280.49
Indonesia00.31
Singapore0.160.24
India00.23

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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