India (IND) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

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India-Seychelles Trade: In 2023, India exported $93.7M to Seychelles. The main products that India exported to Seychelles were Cars ($19.4M), Small Iron Containers ($10.4M), and Packaged Medicaments ($5.68M). Over the past 5 years the exports of India to Seychelles have decreased at an annualized rate of 1.54%, from $101M in 2018 to $93.7M in 2023.

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

Seychelles-India Trade: In 2023, Seychelles exported $4.4M to India. The main products that Seychelles exported to India were Scrap Iron ($1.98M), Scrap Copper ($1.11M), and Scrap Aluminium ($610k). Over the past 5 years the exports of Seychelles to India have decreased at an annualized rate of 8.94%, from $7.03M in 2018 to $4.4M in 2023.

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

Comparison In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Seychelles ranked 166 in total exports ($742M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

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Overview In November 2024, India exported $5.73M and imported $275k from Seychelles, resulting in a positive trade balance of $5.46M. Between November 2023 and November 2024 the exports of India have decreased by $-536k (-8.56%) from $6.27M to $5.73M, while imports decreased by $-89.9k (-24.6%) from $365k to $275k.

Trade In November 2024, the top exports of India to Seychelles were Motor Vehicle/Cars ($1.39M), Products Of Iron And Steel ($737k), Rice -Basmoti ($609k), Drug Formulations, Biologicals ($311k), and Electric Machinery And Equipme ($239k). In November 2024 the top imports of India from Seychelles were Residul Chemicl And Alled Prod ($277k), Products Of Iron And Steel ($139k), Aluminium, Products Of Aluminm ($133k), Cosmetics And Toiletries ($46.4k), and Iron And Steel ($20.9k).

Growth In November 2024, the decrease in India's year-by-year exports to Seychelles was explained primarily by an decrease in product exports in Marine Products ($-133k or -99.9%), Othr Rubber Prodct Excpt Footw ($-89.8k or -86.9%), and Auto Components/Parts ($-76.8k or -66.5%). In November 2024, the decrease in India's year-by-year imports from Seychelles was explained primarily by an decrease in product imports in Iron And Steel ($-6.47k or -23.6%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-536k(-8.56%)

IMPORT GROWTH (November 2023 - November 2024)$-89.9k(-24.6%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $93.7M to Seychelles. The main products exported from India to Seychelles were Cars ($19.4M), Small Iron Containers ($10.4M), and Packaged Medicaments ($5.68M). During the last 5 years the exports of India to Seychelles have decreased at an annualized rate of 1.54%, from $101M in 2018 to $93.7M in 2023.

In 2018, Seychelles exported $4.4M to India. The main products exported from Seychelles to India were Scrap Iron ($1.98M), Scrap Copper ($1.11M), and Scrap Aluminium ($610k). During the last 5 years the exports of Seychelles to India have decreased at an annualized rate of 8.94%, from $7.03M in 2023 to $4.4M in 2018.

Exports from India () to Seychelles () (2023)

Exports from Seychelles () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$85.5B

Seychelles
Top DestinationFrance$147M

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

In 2023, countries that imported more from India than Seychelles included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Seychelles than India included Tokelau ($4.48k).

Difference in imports from Seychelles () and India () (2023)

Comparative Advantage India - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, India had a large net trade with Seychelles in the exports of Transportation ($26.3M), Metals ($15.7M), and Machines ($9.66M).

During 2018, Seychelles had a large net trade with India in the exports of Metals ($3.9M), Chemical Products ($318k), and Textiles ($110k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Seychelles () (2023)

Exports from Seychelles () to India () (2023)

Market Competitiveness

Difference in imports from Seychelles () and India () (2023)

Comparative Advantage India - Seychelles

Economic Complexity

Competitive Landscape

Product Space of India () and Seychelles () (2023)

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