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Published on 4th September 2023
Brunei's total trade value plummeted 41.2% year-on-year in May 2023, reaching BND1.745 billion. This decline was driven by a sharp decrease in exports, primarily due to falling crude oil and LNG prices. While imports also decreased, mineral fuels remained the dominant import commodity. China, Australia, and Singapore ...
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Did you know that in May 2023, Brunei's total trade took a nosedive by 41.2%? That's like dropping a giant inflatable flamingo in a kiddie pool! The main culprits? Crude oil and LNG prices taking a dip, leading to a wild ride in the economy!
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