eCommerce market in Brunei Darussalam
Brunei Darussalam is one of the smaller markets for eCommerce with a predicted revenue of US$161.2 million by 2023. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 7.8%, resulting in a projected market volume of US$218.0 million by 2027. With an expected increase of 8.7% in 2023, the Bruneian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Brunei Darussalam, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Bruneian eCommerce market. Food & Personal Care is the largest market and accounts for 34.8% of the Bruneian eCommerce revenue. It is followed by Electronics & Media with 25.1%, Fashion with 17.0%, Furniture & Appliances with 13.5%, and Toys, Hobby & DIY with the remaining 9.7%.
Market development
eCommerce revenue development in Brunei Darussalam
Brunei Darussalam is one of the smaller markets for eCommerce with a predicted revenue of US$161.2 million by 2023. Revenue is expected to show a compound annual growth rate (CAGR 2023-2027) of 7.8%, resulting in a projected market volume of US$218.0 million by 2027. With an expected increase of 8.7% in 2023, the Bruneian eCommerce market contributed to the worldwide growth rate of 17.0% in 2023. Like in Brunei Darussalam, global eCommerce sales are expected to increase over the next years. Five markets are considered by ecommerceDB within the Bruneian eCommerce market. Food & Personal Care is the largest market and accounts for 34.8% of the Bruneian eCommerce revenue. It is followed by Electronics & Media with 25.1%, Fashion with 17.0%, Furniture & Appliances with 13.5%, and Toys, Hobby & DIY with the remaining 9.7%.
eCommerce revenue development in Brunei Darussalam
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 5.6 | 72.8 | 96.3 | 26.0 | 66.9 | 42.2 | 93.0 | 84.9 |
AOV (in US$) | 13.4 | 69.0 | 55.0 | 94.7 | 47.7 | 11.5 | 69.9 | 6.1 |
CVR (in %) | 5.6 | 72.8 | 96.3 | 26.0 | 66.9 | 42.2 | 93.0 | 84.9 |
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