2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP
$1.59BCURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 75 / 186
2022
Flag
GDP PC 
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC
$15,875CURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP PC GROWTH
28.6%CURRENT US$
Rnk 68 / 186

About

Belgium-Seychelles Trade: In 2022, Belgium exported $6.81M to Seychelles. The main products that Belgium exported to Seychelles were Other Frozen Vegetables ($758k), Milk ($534k), and Frozen Vegetables ($320k). Over the past 5 years the exports of Belgium to Seychelles have decreased at an annualized rate of 8.74%, from $10.8M in 2017 to $6.81M in 2022.

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

Seychelles-Belgium Trade: In 2022, Seychelles exported $12.9M to Belgium. The main products that Seychelles exported to Belgium were Recreational Boats ($12.1M), Scrap Copper ($333k), and Laboratory Reagents ($320k). Over the past 5 years the exports of Seychelles to Belgium have increased at an annualized rate of 37.1%,  from $2.65M in 2017 to $12.9M in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $6.81M to Seychelles. The main products exported from Belgium to Seychelles were Other Frozen Vegetables ($758k), Milk ($534k), and Frozen Vegetables ($320k). During the last 5 years the exports of Belgium to Seychelles have decreased at an annualized rate of 8.74%, from $10.8M in 2017 to $6.81M in 2022.

In 2017, Seychelles exported $12.9M to Belgium. The main products exported from Seychelles to Belgium were Recreational Boats ($12.1M), Scrap Copper ($333k), and Laboratory Reagents ($320k). During the last 5 years the exports of Seychelles to Belgium have increased at an annualized rate of 37.1%, from $2.65M in 2022 to $12.9M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Seychelles
Top Destination
United Arab Emirates$151M

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

In 2022, countries that imported more from Belgium than Seychelles included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Seychelles than Belgium included Tokelau ($109k).

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

Comparative Advantage Belgium - Seychelles

Flow
Scale

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

During 2022, Belgium had a large net trade with Seychelles in the exports of Foodstuffs ($1.76M), Machines ($1.38M), and Animal Products ($1.26M).

During 2017, Seychelles had a large net trade with Belgium in the exports of Transportation ($12.1M), Metals ($333k), and Chemical Products ($320k).

Economic Complexity

Competitive Landscape

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

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

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