BANDAR SERI BEGAWAN, Jan. 21(Xinhua) -- Brunei's trade balance in November 2016 amounted to 296.1 million Brunei dollars(207.8 million U.S. dollars), an increase of 20.3 percent on a month-to-month basis, according to the latest statistics released Saturday by the country's Department of Economic Planning and Development(JPKE), Prime Minister's Office.
Total exports amounted to 585.7 million Brunei dollars, while imports were valued at 289.6 million Brunei dollars. Mineral fuels recorded the highest contribution of 93.6 percent of total exports, comprising crude oil (272.4 million Brunei dollars) and Liquefied Natural Gas (LNG) (276.0 million Brunei dollars).
The highest exports market was Japan with 38.4 percent of total exports, followed by India (13.7 percent), Thailand (13.2 percent) and South Korea (12.5 percent).
Imports of goods decreased by 3.2 percent from 299.3 million Brunei dollars (October 2016) to 289.6 million Brunei dollars in November 2016.
The highest imports came from Malaysia with 21.2 percent of total imports, followed by the U.S. (20.2 percent), Singapore (15.6 percent) and China (13.5 percent).
JPKE said that on a year-to-date basis (January-November), both total trade and trade balance decreased by 21.1 percent and 27.5 percent respectively.
