Malaysia (MYS) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

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Malaysia-Seychelles Trade: In 2022, Malaysia exported $14M to Seychelles. The main products that Malaysia exported to Seychelles were Cleaning Products ($1M), Baked Goods ($858k), and Passenger and Cargo Ships ($831k). Over the past 5 years the exports of Malaysia to Seychelles have decreased at an annualized rate of 14.9%, from $31.3M in 2017 to $14M in 2022.

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

Seychelles-Malaysia Trade: In 2022, Seychelles exported $137k to Malaysia. The main products that Seychelles exported to Malaysia were Polyamides ($69.7k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($39k), and Kraft Paper ($24.7k). Over the past 5 years the exports of Seychelles to Malaysia have decreased at an annualized rate of 54.6%, from $7.12M in 2017 to $137k in 2022.

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

Comparison In 2022, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

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Overview In August 2024, Malaysia exported MYR21.7M and imported MYR176k from Seychelles, resulting in a positive trade balance of MYR21.5M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR19.4M (854%) from MYR2.28M to MYR21.7M, while imports decreased by MYR-227k (-56.4%) from MYR403k to MYR176k.

Trade In August 2024, the top exports of Malaysia to Seychelles were Passenger and Cargo Ships (MYR6.01M), Cleaning Products (MYR254k), Other Processed Fruits and Nuts (MYR117k), Sawn Wood (MYR64.5k), and Sauces and Seasonings (MYR49.4k). In August 2024 the top imports of Malaysia from Seychelles were Twine, cordage or rope; knotted netting,... (MYR360k).

Growth In August 2024, the increase in Malaysia's year-by-year exports to Seychelles was explained primarily by an increase in product exports in Cleaning Products (MYR145k or 133%) and Soap (MYR23.9k or 216%). In August 2024, the decrease in Malaysia's year-by-year imports from Seychelles was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malaysia exported $14M to Seychelles. The main products exported from Malaysia to Seychelles were Cleaning Products ($1M), Baked Goods ($858k), and Passenger and Cargo Ships ($831k). During the last 5 years the exports of Malaysia to Seychelles have decreased at an annualized rate of 14.9%, from $31.3M in 2017 to $14M in 2022.

In 2017, Seychelles exported $137k to Malaysia. The main products exported from Seychelles to Malaysia were Polyamides ($69.7k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($39k), and Kraft Paper ($24.7k). During the last 5 years the exports of Seychelles to Malaysia have decreased at an annualized rate of 54.6%, from $7.12M in 2022 to $137k in 2017.

Exports from Malaysia () to Seychelles () (2022)

Exports from Seychelles () to Malaysia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malaysia
Top DestinationSingapore$53.8B

Seychelles
Top DestinationUnited Arab Emirates$151M

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

In 2022, countries that imported more from Malaysia than Seychelles included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Seychelles than Malaysia included Cape Verde ($3.81M), Cayman Islands ($1.51M), and Tokelau ($109k).

Difference in imports from Seychelles () and Malaysia () (2022)

Comparative Advantage Malaysia - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malaysia had a large net trade with Seychelles in the exports of Chemical Products ($2.23M), Foodstuffs ($2.2M), and Animal and Vegetable Bi-Products ($1.71M).

During 2017, Seychelles had a large net trade with Malaysia in the exports of Plastics and Rubbers ($69.7k), Textiles ($39k), and Paper Goods ($24.7k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Malaysia () to Seychelles () (2022)

Exports from Seychelles () to Malaysia () (2022)

Market Competitiveness

Difference in imports from Seychelles () and Malaysia () (2022)

Comparative Advantage Malaysia - Seychelles

Economic Complexity

Competitive Landscape

Product Space of Malaysia () and Seychelles () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Malaysia () to Seychelles () (2022)

Exports from Seychelles () to Malaysia () (2022)

Market Competitiveness

Difference in imports from Seychelles () and Malaysia () (2022)

Comparative Advantage Malaysia - Seychelles

Economic Complexity

Competitive Landscape

Product Space of Malaysia () and Seychelles () (2022)

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