Key Market Indicators
Brunei's clothing accessories export experienced a significant decline in 2023, falling to approximately $1,200 from around $2,100 in 2022. This marks a 41% decrease compared to the previous year. Looking at a broader timeline, the country's supply of clothing accessories has seen a year-on-year decrease of 26.5% since 2002. In contrast, Brunei's import of clothing accessories saw a dramatic rise in 2018. The import value soared to nearly $59,000 from about $20,000 in 2017, marking a 198% increase. However, despite this spike, the overall demand for clothing accessories in Brunei has been on a downward trend, decreasing by 13.9% year on year since 2002.
