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2023
Flag → Flag
Exports $11.6MRnk 162 / 220
2023
Flag → Flag
Top Product $894kFrozen Vegetables
2023
Flag → Flag
Exports $605kRnk 49 / 120
2023
Flag → Flag
Top Product $246kProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
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 GDP$2.14BCURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 56 / 195
2023
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GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
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GDP PC$17,879CURRENT US$
Rnk 67 / 196
2013-2023
Flag
GDP PC GROWTH20.6%CURRENT US$
Rnk 102 / 195

About

Belgium-Seychelles Trade: In 2023, Belgium exported $11.6M to Seychelles. The main products that Belgium exported to Seychelles were Frozen Vegetables ($894k), Coffee ($752k), and Refrigerators ($555k). Over the past 5 years the exports of Belgium to Seychelles have increased at an annualized rate of 3.73%, from $9.67M in 2018 to $11.6M in 2023.

In 2023, Belgium did not export any services to Seychelles.

Seychelles-Belgium Trade: In 2023, Seychelles exported $605k to Belgium. The main products that Seychelles exported to Belgium were Processed Fish ($246k), Medical Instruments ($184k), and Large Construction Vehicles ($72.4k). Over the past 5 years the exports of Seychelles to Belgium have decreased at an annualized rate of 3.47%,  from $893k in 2018 to $605k in 2023.

In 2023, Seychelles did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Seychelles ranked 166 in total exports ($742M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €742k and imported €18k from Seychelles, resulting in a positive trade balance of €724k. Between October 2023 and October 2024 the exports of Belgium have increased by €20k (2.77%) from €722k to €742k, while imports increased by €15.9k (768%) from €2.07k to €18k.

Trade In October 2024, the top exports of Belgium to Seychelles were Machinery, mechanical appliances, & parts (€52.9k), Pharmaceutical products (€45.1k), Preparations of vegetables, fruit, nuts or... (€40.6k), Edible products of animal origin, n.e.s. (€33.1k), and Fish, Crustaceans & Molluscs (€19k). In October 2024 the top imports of Belgium from Seychelles were Fish, Crustaceans & Molluscs (€16k).

Growth In October 2024, the increase in Belgium's year-by-year exports to Seychelles was explained primarily by an increase in product exports in Pharmaceutical products (€32.7k or 264%), Fish, Crustaceans & Molluscs (€19k or 190k%), and Preparations of fish, crustacenas, & molluscs (€6.36k or 63.6k%). In October 2024, the increase in Belgium's year-by-year imports  from Seychelles was explained primarily by an increase in product imports  in Fish, Crustaceans & Molluscs (€58 or 0.36%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€20k(2.77%)
IMPORT GROWTH (October 2023 - October 2024)€15.9k(768%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Seychelles and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Seychelles and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $11.6M to Seychelles. The main products exported from Belgium to Seychelles were Frozen Vegetables ($894k), Coffee ($752k), and Refrigerators ($555k). During the last 5 years the exports of Belgium to Seychelles have increased at an annualized rate of 3.73%, from $9.67M in 2018 to $11.6M in 2023.

In 2018, Seychelles exported $605k to Belgium. The main products exported from Seychelles to Belgium were Processed Fish ($246k), Medical Instruments ($184k), and Large Construction Vehicles ($72.4k). During the last 5 years the exports of Seychelles to Belgium have decreased at an annualized rate of 3.47%, from $893k in 2023 to $605k in 2018.

Exports from Belgium (Flag) to Seychelles (Flag) (2023)

Exports from Seychelles (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Seychelles
Top DestinationFrance$147M

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 2023, countries that imported more from Belgium than Seychelles included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, no countries were registered that imported more from Seychelles than from Belgium.

Difference in imports from Seychelles (Flag) and Belgium (Flag) (2023)

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 2023, Belgium had a large net trade with Seychelles in the exports of Foodstuffs ($2.45M), Machines ($2.42M), and Vegetable Products ($1.88M).

During 2018, Seychelles had a large net trade with Belgium in the exports of Foodstuffs ($246k), Instruments ($194k), and Machines ($79.1k).

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) (2023)

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