72547 World Trade Indicators 2009/10 Brunei: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services .. .. .. .. 1993 1995 3 1 TRADE PERFORMANCE‡ Brunei HI non- Ranking Decile OECD High inc TRADE POLICY (TP) (out of 125) 23 2 EXTERNAL ENVIRONMENT (EE) (out of 125) 21 2 INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 96 6 TRADE FACILITATION (TF) (out of 155) .. .. TRADE OUTCOME (TO) (out of 157) .. .. Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) 9.3 3.8 4.0 * TTRI (applied tariff including preferences) .. 3.5 3.3 * MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. 7.3 6.5 * MFN applied tariff - simple avg (%) .. 3.8 3.3 2.5 TTRI (MFN) Dispersion (coefficient of variation) .. 11.8 5.5 2.4 Maximum rate (excl. alcohol and tobacco) .. .. 105.4 112.1 Agriculture - simple avg (%) .. 9.1 5.8 0.2 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) .. 3.0 3.0 2.9 MFN applied tariff - trade weighted avg (%) .. 12.0 7.5 3.7 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) .. 11.5 5.7 3.7 Agriculture .. 26.4 16.8 1.8 Import duties Nonagriculture .. 9.3 4.2 4.0 Applied tariff (incl. prefs.) - production weighted avg (%) .. .. .. 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) .. 2.5 3.7 Brunei HI non-OECD High inc Agriculture .. .. 3.2 0.3 Nonagriculture .. .. 4.1 3.9 Import duties (% of imports) .. .. .. .. Tariff overhang (MFN bound minus MFN applied rate,%) .. 21.2 23.6 24.6 GATS commit. Bound tariff frequency ratio (% of total lines) .. 94.9 95.1 95.3 index Non-ad valorem tariff frequency ratio (%) .. 0.9 1.1 0.6 Non-tariff measures frequency ratio (%) .. .. .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 Brunei HI non-OECD High inc Overall GATS commitment index (0-100, best) .. 4.35 4.35 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) 1.4 0.9 * MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) 7.0 2.6 * ROW applied tariff (incl. prefs.) - trade weighted avg (%) 80.1 1.4 0.9 0.8 ROW applied(wgt avg) Agriculture 47.2 14.2 1.2 1.4 Nonagriculture 80.1 1.4 0.9 0.8 MFN zero duty exports (%) MFN zero-duty exports (% of total exports) 50.8 68.1 76.1 78.0 * Exports to FTA / CU partners (% of total exports) .. .. 78.9 83.9 Brunei 0 HI non-OECD High inc 1 Anti-dumping initiations faced 0.0 0.0 0.0 0.0 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) .. .. .. .. All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 83 94 96 Ease of Starting a business (rank) .. 119 149 153 Doing 160 Business Enforcing contracts (rank) .. 158 160 160 Rank Closing a business (rank) .. 38 37 37 80 World Governance Indicators (WGI) 2005 2006 2007 2008 Brunei Regulatory Quality (-2.5 to +2.5, best) 0.95 0.96 1.00 0.83 HI non-OECD Rule of Law (-2.5 to +2.5, best) 0.32 0.29 0.45 0.51 High inc 0 Control of Corruption (-2.5 to +2.5, best) 0.25 0.24 0.24 0.51 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. .. .. Efficiency of customs and other border procedures .. .. .. .. Quality of transport and IT infrastructure .. .. .. .. Logistics Performance Ease of arranging competitively-priced shipments .. .. .. .. Index Logistics competence .. .. .. .. Ability to track and trace shipments .. .. .. .. 0 2 4 Timeliness of shipments .. .. .. .. Brunei HI non-OECD High inc Trading Across Borders (Doing Business, rank out of 183) 47 48 No. of documents required for export .. .. 6 6 200 No. of days required to export .. .. 28 28 160 Cost to export (US$ per container) .. .. 573 630 120 No. of documents required for import .. .. 6 6 80 No. of days required to import .. .. 19 19 40 Cost to import (US$ per container) .. .. 649 708 0 Telephones (fixed + mobile) per 100 people 39.9 67.7 98.0 109.3 * Trading Across Borders Rank Internet users per 100 people 4.6 17.2 42.0 48.3 * Brunei HI non-OECD High inc Export credit insured exposures - short term (% of goods export) .. 6.2 .. TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## 1.5 2.9 0.9 -1.5 Real Trade Growth Rate 10 9.1 Exports 2.5 4.1 -2.4 -9.8 8 8.7 7.8 8.1 6.6 6.7 Imports 0.7 1.2 6.7 13.0 6 4 Goods .. .. .. .. 2.9 3.4 2.7 2 1.5 Services .. .. .. .. 0 0.9 -1.5 Nominal growth in trade of goods and services (%) .. 8.7 18.0 .. -2 1995-99 2000-04 2005-07 2008 -4 Exports .. 11.1 22.2 .. Imports .. 4.3 7.8 .. Brunei HI non-OECD Trade integration (trade as % of GDP) .. 108.4 97.9 .. High inc Goods balance (% GDP) .. 44.8 51.7 .. Export Composition (2005-08) Food balance (% GDP) -5.9 -3.4 -2.4 -2.4 * Travel , 2.7 Oth com Transport Services balance (% GDP) .. -8.4 -4.6 .. , 4.6 ser, 1.6 Agric, 0.1 Manufac, Goods share of total exports (%) .. 89.8 91.1 .. 3.0 Services share of total exports (%) .. 10.2 8.9 .. Minral, 0.1 Goods exports as a share of world goods exports (rank)** .. 79 82 .. Services exports as share of world services exports (rank)** .. 109 110 .. Foreign Direct Investment (FDI) inflows (% of GDP) .. 2.0 1.3 0.8 * Total remittances inflows (% GDP) .. .. .. .. Export product concentration index (0-100, most) 60.2 59.6 69.1 71.7 * Fuels, 87.8 Export market concentration index (0-100, most) 57.8 50.4 43.3 47.5 Top 5 export markets (shares) Japan (44%), Indonesia (23%), Korea (11%), Australia (11%), New Zealand (3%) Top 5 import markets (shares) Singapore (36%), Malaysia (19%), Japan (8%), China, People's Rep. of (6%), Thailand (5%) Top 5 export products (SITC 3 digit-shares) .. Top 5 import products (SITC 3 digit-shares) .. ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.