2022
Flag  
GDP
$1.59BCURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 75 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$15,875CURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP PC GROWTH
28.6%CURRENT US$
Rnk 68 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Seychelles-South Korea Trade: In 2022, Seychelles exported $6.14M to South Korea. The main products that Seychelles exported to South Korea were Non-fillet Frozen Fish ($5.11M), Fish Fillets ($786k), and Scrap Aluminium ($171k). Over the past 5 years the exports of Seychelles to South Korea have decreased at an annualized rate of 5.26%, from $8.04M in 2017 to $6.14M in 2022.

In 2022, Seychelles did not export any services to South Korea.

South Korea-Seychelles Trade: In 2022, South Korea exported $27.7M to Seychelles. The main products that South Korea exported to Seychelles were Coated Flat-Rolled Iron ($15M), Non-fillet Frozen Fish ($5.08M), and Cars ($1.85M). Over the past 5 years the exports of South Korea to Seychelles have decreased at an annualized rate of 4.53%,  from $34.9M in 2017 to $27.7M in 2022.

In 2022, South Korea did not export any services to Seychelles.

Comparison In 2022,  Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Seychelles exported $6.14M to South Korea. The main products exported from Seychelles to South Korea were Non-fillet Frozen Fish ($5.11M), Fish Fillets ($786k), and Scrap Aluminium ($171k). During the last 5 years the exports of Seychelles to South Korea have decreased at an annualized rate of 5.26%, from $8.04M in 2017 to $6.14M in 2022.

In 2017, South Korea exported $27.7M to Seychelles. The main products exported from South Korea to Seychelles were Coated Flat-Rolled Iron ($15M), Non-fillet Frozen Fish ($5.08M), and Cars ($1.85M). During the last 5 years the exports of South Korea to Seychelles have decreased at an annualized rate of 4.53%, from $34.9M in 2022 to $27.7M in 2017.

Exports from Seychelles (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Seychelles (Flag) (2022)

Latest Data

Trade between Seychelles (Flag) and South Korea (Flag)

Seychelles Exports

South Korea Exports

Market Competitiveness

Color
Seychelles
Top Destination
United Arab Emirates$151M
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Seychelles than South Korea included Mauritius ($73.1M), Cape Verde ($3.81M), and Tokelau ($109k).

In 2022, countries that imported more from South Korea than Seychelles included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Seychelles (Flag) (2022)

Comparative Advantage Seychelles - South Korea

Flow
Scale

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

During 2022, Seychelles had a large net trade with South Korea in the exports of Animal Products ($5.89M), Metals ($175k), and Plastics and Rubbers ($22.8k).

During 2017, South Korea had a large net trade with Seychelles in the exports of Metals ($15.1M), Animal Products ($5.12M), and Transportation ($3.39M).

Economic Complexity

Competitive Landscape

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

Product Space of Seychelles (Flag) and South Korea (Flag) (2022)

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