United Kingdom (GBR) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

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Pricing

United Kingdom (GBR) and Seychelles (SYC) Trade

2022

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Exports $30.7MRnk 148 / 224

2022

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About

United Kingdom-Seychelles In 2022, United Kingdom exported $30.7M to Seychelles. The main products that United Kingdom exported to Seychelles are Cars ($1.62M), Packaged Medicaments ($1.34M), and Gas Turbines ($1.22M). During the last 27 years the exports of United Kingdom to Seychelles have decreased at an annualized rate of 0.85%, from $38.6M in 1995 to $30.7M in 2022.

In 2022, United Kingdom did not export any services to Seychelles.

Seychelles-United Kingdom In 2022, Seychelles exported $73.5M to United Kingdom. The main products that Seychelles exported to United Kingdom were Processed Fish ($60.8M), Wool Grease ($3.15M), and Metal Mountings ($2.3M). During the last 27 years the exports of Seychelles to United Kingdom have increased at an annualized rate of 6.34%, from $14M in 1995 to $73.5M in 2022.

In 2022, Seychelles did not export any services to United Kingdom.

Comparison In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £1.54M and imported £1.12M from Seychelles, resulting in a positive trade balance of £416k. Between January 2023 and January 2024 the exports of United Kingdom have increased by £264k (20.7%) from £1.28M to £1.54M, while imports decreased by £-3.45M (-75.4%) from £4.58M to £1.12M.

Trade In January 2024, the top exports of United Kingdom to Seychelles were Hard Liquor (£162k), Cars (£120k), Stranded Iron Wire (£74k), Work Trucks (£73.8k), and Valves (£71.6k). In January 2024 the top imports of United Kingdom from Seychelles were Processed Fish (£4.26M), Large Construction Vehicles (£135k), Fish Fillets (£80.2k), Non-fillet Fresh Fish (£79.3k), and Gas Turbines (£14.4k).

Origins In January 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£712k), Felixstowe (£360k), Manchester Airport (£154k), London Gateway (£84.6k), and East Midlands Airport (£68.5k), while imports destinations were mainly Felixstowe (£660k), London Heathrow Airport (£202k), London Gateway (£153k), and Immingham (£34.5k).

Growth In January 2024, the increase in United Kingdom's year-by-year exports to Seychelles was explained primarily by an increase in product exports in Hard Liquor (£127k or 365%), Valves (£57.4k or 404%), and Medical Instruments (£54.6k or 1.88k%). In January 2024, the decrease in United Kingdom's year-by-year imports from Seychelles was explained primarily by an decrease in product imports in Non-fillet Fresh Fish (£-11.1k or -12.3%) and Commodities not elsewhere specified (£-2.8k or -49.8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)£264k(20.7%)

IMPORT GROWTH (January 2023 - January 2024)£-3.45M(-75.4%)

MAIN EXPORTER (January 2024)London Heathrow Airport£712k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Seychelles and United Kingdom trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United Kingdom exported $30.7M to Seychelles. The main products exported from United Kingdom to Seychelles were Cars ($1.62M), Packaged Medicaments ($1.34M), and Gas Turbines ($1.22M). During the last 27 years the exports of United Kingdom to Seychelles have decreased at an annualized rate of 0.85%, from $38.6M in 1995 to $30.7M in 2022.

In 2022, Seychelles exported $73.5M to United Kingdom. The main products exported from Seychelles to United Kingdom were Processed Fish ($60.8M), Wool Grease ($3.15M), and Metal Mountings ($2.3M). During the last 27 years the exports of Seychelles to United Kingdom have increased at an annualized rate of 6.34%, from $14M in 1995 to $73.5M in 2022.

Exports from United Kingdom () to Seychelles () (2022)

Exports from Seychelles () to United Kingdom () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United Kingdom
Top DestinationUnited States$61.8B

Seychelles
Top DestinationUnited Arab Emirates$151M

This map shows whether countries import more from United Kingdom or Seychelles. Each country is colored based on the difference in imports they receive from United Kingdom and Seychelles or the difference in the growth in imports.

In 2021, countries that imported more from United Kingdom than Seychelles were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Seychelles than United Kingdom were Tokelau ($109k).

Difference in imports from Seychelles () and United Kingdom () (2022)

Comparative Advantage United Kingdom - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United Kingdom and Seychelles by product, considering products traded by both, United Kingdom and Seychelles.

During 2022, United Kingdom had a large net trade with Seychelles in the exports of Machines ($8.13M), Foodstuffs ($4.24M), and Transportation ($3.94M).

During 2022, Seychelles had a large net trade with United Kingdom in the exports of Foodstuffs ($61M), Animal and Vegetable Bi-Products ($3.15M), and Precious Metals ($2.47M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Seychelles. Similarly, the more yellow a dot/product is, the more Seychelles has comparative advantage over United Kingdom.

Product Space of United Kingdom () and Seychelles () (2022)

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