Overview In 2020 Seychelles was the number 150 economy in the world in terms of total exports and the number 163 in total imports.

Exports The top exports of Seychelles are Recreational Boats ($445M), Processed Fish ($238M), Non-fillet Frozen Fish ($213M), Refined Petroleum ($119M), and Passenger and Cargo Ships ($24.4M), exporting mostly to Bermuda ($186M), France ($149M), Cayman Islands ($118M), United Kingdom ($95.5M), and Qatar ($79.9M).

Imports The top imports of Seychelles are Recreational Boats ($466M), Refined Petroleum ($179M), Non-fillet Frozen Fish ($141M), Planes, Helicopters, and/or Spacecraft ($123M), and Passenger and Cargo Ships ($28.1M), importing mostly from United Arab Emirates ($283M), British Virgin Islands ($178M), Germany ($134M), Spain ($113M), and Cayman Islands ($111M).

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

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The following section uses the most recent trade data from partners of Seychelles.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Recreational Boats, $445M

Top Destination (2020): Bermuda, $283M

In 2020, Seychelles exported a total of $1.16B, making it the number 150 exporter in the world. During the last five reported years the exports of Seychelles have changed by $524M from $640M in 2015 to $1.16B in 2020.

The most recent exports are led by Recreational Boats ($445M), Processed Fish ($238M), Non-fillet Frozen Fish ($213M), Refined Petroleum ($119M), and Passenger and Cargo Ships ($24.4M). The most common destination for the exports of Seychelles are Bermuda ($186M), France ($149M), Cayman Islands ($118M), United Kingdom ($95.5M), and Qatar ($79.9M).

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Seychelles Exports Services (2020): $977M

Seychelles Imports Services (2020): $474M

In 2020, Seychelles exported $977M worth of services. The top services exported by Seychelles in 2020 were Merchanting and other trade-related services ($473M), Personal travel ($265M), Sea transport ($77.2M), Business travel ($62.2M), and Miscellaneous business, professional, and technical services ($37.7M).

The top services imported by Seychelles in 2020 were Miscellaneous business, professional, and technical services ($285M), Sea transport ($102M), Air transport ($37.8M), Personal travel ($24.6M), and Financial services ($9.59M).

Economic Complexity

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Most Specialized Products by RCA Index

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Seychelles has a high level of specialization in Recreational Boats (337), Processed Fish (182), Non-fillet Frozen Fish (133), Animal Meal and Pellets (41.9), and Fish oil (24.7). Specialization is measured using RCA, an index that takes the ratio between Seychelles observed and expected exports in each product.

Export Opportunities by Relatedness

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The top export opportunities for Seychelles according to the relatedness index, are Crustaceans (0.06), Scrap Vessels (0.055), Crude Petroleum (0.054), Molluscs (0.052), and Processed Fish (0.052). 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 a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Seychelles. These are products that tend to be co-exported with the products that Seychelles exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.