Negara Brunei Darussalam
Area: 5,765 square kilometers
Population: 422,700 (date to 2018)
Capital: Bandar Seri Begawan
Administrative divisions:
The country is divided into four districts, namely, Brunei-Muara, Belait, Tutong, and Temburong.
Overview:
Brunei is located in the northwest of the island of Kalimantan. Apart from South China Sea at its north, the country is completely surrounded by the Malaysian state of Sarawak. With a coastline stretching 162 kilometers, Brunei boasts 33 islands with average annual temperature of 28 C.
Economy:
Brunei's economy is dominated by the oil and gas industry. Its industries mainly include manufacturing, construction, finance, agriculture, forestry, and fisheries. In 2018, Brunei achieved a GDP of 18.39 billion Brunei dollars (about $13.5 billion US dollars), a year-on-year increase of 0.1 percent.
Industry:
Brunei's industry is mainly based on oil and natural gas exploitation and production. In recent years, the daily output of oil in Brunei has been controlled within 200,000 barrels, making it the third largest oil producer in Southeast Asia; the daily output of natural gas is 30 million cubic meters, the fourth largest natural gas producer in the world.
Tourism:
In recent years, Brunei has prioritized developing tourism. The Brunei government has adopted a number of incentives to attract tourists. The main tourist attractions include Royal Regalie, Brunei Museum, and Ulu Temburong National Park. In 2018, there were approximately 278,000 international passengers, an increase of 7.4 percent over the previous year.
Foreign trade:
Brunei mainly exports crude oil, petroleum products and liquefied natural gas, and imports machinery and transportation equipment, industrial products, food, and medicines. The main trading partners are Japan, Korea, Malaysia, Thailand and Singapore. The bulk export products are crude oil and natural gas, and the main export markets are Japan, South Korea and India. The main sources of imports are Malaysia, Singapore, China and the United States. In 2018, the total import and export trade of Brunei was 14.49 billion Brunei dollars, up 21.1 percent year-on-year. Among them, exports were 8.87 billion Brunei dollars, up 15 percent year-on-year; and imports were 5.62 billion Brunei dollars, up 32.4 percent year-on-year.