2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP
$1.59BCURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$15,875CURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP PC GROWTH
28.6%CURRENT US$
Rnk 68 / 186

About

Iceland-Seychelles Trade: In 2022, Iceland exported $9.82k to Seychelles. The main products that Iceland exported to Seychelles were Hair Products ($3.76k), Crustaceans ($943), and Molluscs ($942). Over the past 5 years the exports of Iceland to Seychelles have decreased at an annualized rate of 37.5%, from $103k in 2017 to $9.82k in 2022.

In 2022, Iceland did not export any services to Seychelles.

Seychelles-Iceland Trade: In 2022, Seychelles exported $932k to Iceland. The main products that Seychelles exported to Iceland were Fish oil ($674k), Animal Meal and Pellets ($256k), and Cabbages ($1.08k). Over the past 5 years the exports of Seychelles to Iceland have increased at an annualized rate of 19.6%,  from $380k in 2017 to $932k in 2022.

In 2022, Seychelles did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Seychelles ranked 162 in total exports ($842M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $9.82k to Seychelles. The main products exported from Iceland to Seychelles were Hair Products ($3.76k), Crustaceans ($943), and Molluscs ($942). During the last 5 years the exports of Iceland to Seychelles have decreased at an annualized rate of 37.5%, from $103k in 2017 to $9.82k in 2022.

In 2017, Seychelles exported $932k to Iceland. The main products exported from Seychelles to Iceland were Fish oil ($674k), Animal Meal and Pellets ($256k), and Cabbages ($1.08k). During the last 5 years the exports of Seychelles to Iceland have increased at an annualized rate of 19.6%, from $380k in 2022 to $932k in 2017.

Exports from Iceland (Flag) to Seychelles (Flag) (2022)

Exports from Seychelles (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Seychelles (Flag)

Iceland Exports

Seychelles Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Seychelles
Top Destination
United Arab Emirates$151M

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

In 2022, countries that imported more from Iceland than Seychelles included Netherlands ($1.97B), United States ($613M), and United Kingdom ($672M).

In 2022, countries that imported more from Seychelles than Iceland included United Arab Emirates ($151M), Mauritius ($73.1M), and Guatemala ($12.1M).

Difference in imports from Seychelles (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Seychelles

Flow
Scale

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

During 2022, Iceland had a large net trade with Seychelles in the exports of Chemical Products ($3.76k), Animal Products ($2.23k), and Machines ($1.54k).

During 2017, Seychelles had a large net trade with Iceland in the exports of Animal and Vegetable Bi-Products ($674k), Foodstuffs ($256k), and Vegetable Products ($1.08k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iceland and Seychelles. This means that a dot/product with the flag of Iceland indicates it has a comparative advantage over Seychelles. Similarly, a dot/product with the flag of Seychelles indicates it has a comparative advantage over Iceland.

Product Space of Iceland (Flag) and Seychelles (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with