Overview In 2019 Seychelles was the number 170 economy in the world in terms of GDP (current US$), the number 158 in total exports, the number 166 in total imports,
the number 51 economy in terms of GDP per capita (current US$) and the number null most complex economy according to the Economic Complexity Index (ECI).
In 2019, Seychelles exported a total of $969M, making it the number 158 exporter in the world. During the last five reported years the exports of Seychelles have changed by $283M from $686M in 2014 to $969M in 2019.
In 2019 Seychelles imported $1.55B, making it the number 166 trade destination in the world. During the last five reported years the imports of Seychelles changed by $365M from $1.18B in 2014 to $1.55B in 2019.
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).
The top export opportunities for Seychelles according to the relatedness index, are Crustaceans (0.057), Molluscs (0.051), Gold (0.048), Processed Fish (0.048), and Live Fish (0.048). 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.
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.
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.