2022
Flag  
GDP
$1.59BCURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 75 / 186
2022
Flag
 GDP
$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 104 / 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
$505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH
0.17%CURRENT US$
Rnk 139 / 186

About

Seychelles-Madagascar Trade: In 2022, Seychelles exported $6.03M to Madagascar. The main products that Seychelles exported to Madagascar were Non-fillet Frozen Fish ($4.71M), Recreational Boats ($662k), and Plastic Lids ($139k). Over the past 5 years the exports of Seychelles to Madagascar have decreased at an annualized rate of 21.1%, from $19.7M in 2017 to $6.03M in 2022.

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

Madagascar-Seychelles Trade: In 2022, Madagascar exported $4.15M to Seychelles. The main products that Madagascar exported to Seychelles were Salt ($2.04M), Paper Containers ($1.43M), and Shaped Paper ($195k). Over the past 5 years the exports of Madagascar to Seychelles have decreased at an annualized rate of 8.73%,  from $6.55M in 2017 to $4.15M in 2022.

In 2022, Madagascar 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, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Seychelles exported $6.03M to Madagascar. The main products exported from Seychelles to Madagascar were Non-fillet Frozen Fish ($4.71M), Recreational Boats ($662k), and Plastic Lids ($139k). During the last 5 years the exports of Seychelles to Madagascar have decreased at an annualized rate of 21.1%, from $19.7M in 2017 to $6.03M in 2022.

In 2017, Madagascar exported $4.15M to Seychelles. The main products exported from Madagascar to Seychelles were Salt ($2.04M), Paper Containers ($1.43M), and Shaped Paper ($195k). During the last 5 years the exports of Madagascar to Seychelles have decreased at an annualized rate of 8.73%, from $6.55M in 2022 to $4.15M in 2017.

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

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

Latest Data

Trade between Seychelles (Flag) and Madagascar (Flag)

Seychelles Exports

Madagascar Exports

Market Competitiveness

Color
Seychelles
Top Destination
United Arab Emirates$151M
Madagascar
Top Destination
United States$756M

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

In 2022, countries that imported more from Seychelles than Madagascar included United Arab Emirates ($151M), Mauritius ($73.1M), and Malta ($15.3M).

In 2022, countries that imported more from Madagascar than Seychelles included United States ($756M), China ($538M), and France ($634M).

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

Comparative Advantage Seychelles - Madagascar

Flow
Scale

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

During 2022, Seychelles had a large net trade with Madagascar in the exports of Animal Products ($4.71M), Transportation ($662k), and Textiles ($212k).

During 2017, Madagascar had a large net trade with Seychelles in the exports of Mineral Products ($2.16M), Paper Goods ($1.72M), and Textiles ($71.6k).

Economic Complexity

Competitive Landscape

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

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

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