|Home :: Trade Leads By Country : Brunei|
There are a lot of things that one can discover in BRUNEI when a visitor comes over to this place and tries to see whats worth and whats not. But its only the folks who have had the chance to visit this beautiful country who would know how it is what all surprises it has in store for a tourists. There are a lot of blue clear beaches to enjoy and there are also a lot of tourists attraction like mosques and other places. If you think that there is nothing for the nature lovers then you are wrong as the y have a lot national parks that they can visit and be amidst Mother Nature and be at peace among those beautiful animals and other species.One such national park is the Ulu Temburong National Park, Temburong district.The National Park is only accessible by 'temuai' or longboats.
Business and Economy
Though Brunei is considered to be a relatively a small country that has just come into existence in only the recent past. The country is high on its economic front and seems to be still growing more and more due to its proper utilization of its natural resources that are planned very well and systematically. This small, wealthy economy encompasses a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. The main production here is Crude oil and natural gas that account for nearly half of GDP. Also the government body of this country is also quite cordial and they provide for all medical services and subsidizes rice and housing. Brunei's leaders are concerned that steadily increased integration in the world economy will undermine internal social cohesion.
Petroleum, petroleum refining, liquefied natural gas, construction
Agriculture - Products
Rice, vegetables, fruits, chickens, water buffalo.
The major cities here are Bandar Seri Begawan which is quite famous and well known to most tourists.In addition to this there are also a lot of beaches that are present in this country that add an divine beauty to the country and make it look more glamorous.They are all located in different districts that comprise certain places in the country like Kuala Belait District which is home to many beautiful beaches. Seri Kenangan Beach, Tutong district and lastly the Jerudong, Brunei-Muara district.
Finance Minister: Sultan Hassanal Bolkiah
Currency: Brunei Dollar (BND)
Market Exchange Rate (7/27/04): US$1 = 1.72 BND
Gross Domestic Product (GDP, Market Exchange Rates) (2003E): $4.8 billion
Real Per Capita GDP (2003E, PPP): $15,869
Real GDP Growth Rate (2003E): 3.2% (2005F): 3.3 %
Inflation Rate (consumer prices) (2003E): 0.3% (2005F): 1.2%
Unemployment Rate (official estimate, 2002E): 4.6% (higher for recent graduates)
Merchandise Exports (2003E): $4.3 billion
Merchandise Imports (2003E): $2.2 billion
Merchandise Trade Balance (2003E): $2.1 billion
Major Trading Partners (2003): Japan, Singapore, United Kingdom, United States, South Korea, Malaysia
Major Export Products: Natural gas and crude oil, refined oil products
Major Import Products: Machinery and transport equipment, manufactured goods, food