The most important industrial branches in Brunei are oil refining and liquefied natural gas production. Clothes, cement and food are manufactured in the country’s factories.
Fish processing has grown the fastest. Methanol is produced from natural gas. Shoes, leather, printed matter and more are also manufactured.
Clothing production has decreased in importance since 2005 when a favorable export agreement with the United States expired. In addition, Brunei has faced tough competition from China and India in the textile market.
- According to ABBREVIATIONFINDER, BN stands for the country of Brunei in geography.
In addition to oil and gas-related production, the industry is undeveloped. Contributing reasons for this are an extensive bureaucracy, a shortage of skilled labor, relatively high labor costs and a small home market.
Almost one fifth of the workforce is employed in industry.