Flag Seychelles

Product Exports (2018): $924M, Rank 154 of 222

Exports Per Capita (2018): $9.55k, Rank 2 of 219

Product Imports (2018): $1.27B, Rank 167 of 221

Imports Per Capita (2018): $13.1k, Rank 2 of 219

Service Exports (2018): $1.58B, Rank 62 of 88

Service Imports (2018): $526M, Rank 75 of 88

GDP (2018): $1.59B, CURRENT US$
Rank 176 of 196

GDP growth (2008 - 2018): 64.4%, CURRENT US$
Rank 65 of 196

GDP PC (2018): $16,434, CURRENT US$
Rank 56 of 196

GDP PC GROWTH (2008 - 2018): 47.7%, CURRENT US$
Rank 49 of 196

Overview: This page contains the latest international trade data for Seychelles, including service trade data. In 2018 Seychelles was the number 176 economy in the world in terms of GDP (current US$), the number 154 in total exports, and the number 167 in total imports. In 2018, Seychelles exported $924M and imported $1.27B, resulting in a negative trade balance of -$342M. In 2018, Seychelles's exports per capita were $9.55k and its imports per capita were $13.1k.

Trade: The top exports of Seychelles are Processed Fish ($283M), Non-fillet Frozen Fish ($243M), Recreational Boats ($218M), Planes, Helicopters, and/or Spacecraft ($50.9M), and Animal Meal and Pellets ($17.2M). The top imports of Seychelles are Refined Petroleum ($227M), Non-fillet Frozen Fish ($137M), Recreational Boats ($66M), Crude Petroleum ($23.8M), and Broadcasting Equipment ($23.7M).

Destinations: Seychelles exports mostly to United Kingdom ($164M), France ($137M), Cayman Islands ($84.1M), Marshall Islands ($52.6M), and Thailand ($52.3M), and imports mostly from United Arab Emirates ($315M), Spain ($106M), France ($97.1M), India ($85.7M), and United Kingdom ($83.8M).

Location: Seychelles borders Comoros, Madagascar, Mauritius, and Tanzania by sea.

Yearly Exports

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Top Export (2018): Processed Fish, $283M

Top Destination (2018): United Kingdom, $164M

In 2018 Seychelles exported a total of $924M, making it the number 154 exporter in the world. During the last five reported years the exports of Seychelles have changed by $326M from $598M in 2013 to $924M in 2018.

The most recent exports are led by Processed Fish ($283M), Non-fillet Frozen Fish ($243M), Recreational Boats ($218M), Planes, Helicopters, and/or Spacecraft ($50.9M), and Animal Meal and Pellets ($17.2M). The most common destination for the exports of Seychelles are United Kingdom ($164M), France ($137M), Cayman Islands ($84.1M), Marshall Islands ($52.6M), and Thailand ($52.3M).

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Yearly Imports

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Top Import (2018): Refined Petroleum, $227M

Top Origin (2018): United Arab Emirates, $315M

In 2018 Seychelles imported $1.27B, making it the number 167 trade destination in the world. During the last five reported years the imports of Seychelles changed by $482M from $784M in 2013 to $1.27B in 2018.

The most recent imports of Seychelles are led by Refined Petroleum ($227M), Non-fillet Frozen Fish ($137M), Recreational Boats ($66M), Crude Petroleum ($23.8M), and Broadcasting Equipment ($23.7M). The most common import partners for Seychelles are United Arab Emirates ($315M), Spain ($106M), France ($97.1M), India ($85.7M), and United Kingdom ($83.8M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Seychelles Exports Services (2018): $1.58B

Seychelles Imports Services (2018): $526M

In 2018, Seychelles exported $1.58B worth of services. The top services exported by Seychelles in 2018 were Merchanting and other trade-related services ($573M), Personal travel ($453M), Miscellaneous business, professional, and technical services ($247M), Business travel ($106M), and Air transport ($101M).

The top services imported by Seychelles in 2018 were Miscellaneous business, professional, and technical services ($223M), Sea transport ($141M), Air transport ($75M), Personal travel ($68.3M), and Financial services ($5.78M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Seychelles. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Most Specialized Products by RCA Index

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Seychelles has a high level of specialization in Processed Fish (314), Recreational Boats (270), Non-fillet Frozen Fish (184), Fish Oil (115), and Animal Meal and Pellets (49.4). Specialization is measured using RCA, an index that takes the ratio between Seychelles observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Seychelles according to the product complexity index (PCI) are Tungsten (wolfram) and articles, waste or scrap (1.19), Artificial, graphite and preparations (1.18), Paintings, drawings, pastels, collages etc, hand made (0.84), Radiators, non-electric heaters (with fan), iron/steel (0.74), and Machinery for hide and leather work including footwear (0.6). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Seychelles according to the relatedness index, are Crustaceans (0.056), Processed Fish (0.048), Gold (0.047), Collector's Items (0.046), and Live Fish (0.046). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Seychelles is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.