Brunei exports of Pearls, precious stones reach USD29M in 2018
Date
4/22/2019 2:56:17 AM
(MENAFN) Brunei lives up to its name as the "Kingdom of Unexpected Treasures," as its pearls, valuable or semi-precious stones and valuable metals make up the fourth largest export of the country.
Updated data posted earlier this month from the International Trade Centre, the joint agency of the World Trade Organization and the United Nations, showed that the sultanate reached USD29.0 million in exports of pearls, precious or semi-precious stones and metals in 2018.
Singapore was the sultanate's biggest customer for the category with USD21.8 million. Coins containing lawful tender also fall under the classification. Australia and Switzerland followed with USD 4.4 million and USD1.5 million respectively.
Mineral fuels, oils and goods were the top export for Brunei in 2018 with a value of USD6.1 billion. This shows nearly 93 percent of the country's total export market.
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