Key Market Indicators
Brunei experienced a significant decline in commercial vehicle registrations in 2023, with a total of 84 units registered. This marks a sharp 64.3% decrease from the 235 units registered in 2022. Over the longer term, Brunei's market for commercial vehicles has been on a downward trajectory, falling by 36.3% year-on-year since 2010. In the global rankings for 2023, Brunei placed 123rd, with the Bahamas overtaking it by also registering 84 units. Leading the rankings, Canada, Mexico, and Argentina secured the second, third, and fourth positions, respectively.
