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Pricing

2022
Flag → Flag
Exports $27.7MRnk 146 / 220
2022
Flag → Flag
Top Product $15MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $6.14MRnk 20 / 125
2022
Flag → Flag
Top Product $5.11MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$1.59BCURRENT US$
Rnk 171 / 186
2012-2022
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GDP GROWTH45.7%CURRENT US$
Rnk 75 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$15,875CURRENT US$
Rnk 61 / 186
2012-2022
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GDP PC GROWTH28.6%CURRENT US$
Rnk 68 / 186

About

South Korea-Seychelles Trade: In 2022, South Korea exported $27.7M to Seychelles. The main products that South Korea exported to Seychelles were Coated Flat-Rolled Iron ($15M), Non-fillet Frozen Fish ($5.08M), and Cars ($1.85M). Over the past 5 years the exports of South Korea to Seychelles have decreased at an annualized rate of 4.53%, from $34.9M in 2017 to $27.7M in 2022.

In 2022, South Korea did not export any services to Seychelles.

Seychelles-South Korea Trade: In 2022, Seychelles exported $6.14M to South Korea. The main products that Seychelles exported to South Korea were Non-fillet Frozen Fish ($5.11M), Fish Fillets ($786k), and Scrap Aluminium ($171k). Over the past 5 years the exports of Seychelles to South Korea have decreased at an annualized rate of 5.26%,  from $8.04M in 2017 to $6.14M in 2022.

In 2022, Seychelles did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, South Korea exported $1.27M and imported $437k from Seychelles, resulting in a positive trade balance of $833k. Between August 2023 and August 2024 the exports of South Korea have increased by $1.04M (445%) from $233k to $1.27M, while imports increased by $128k (41.4%) from $309k to $437k.

Trade In August 2024, the top exports of South Korea to Seychelles were Machinery, mechanical appliances, & parts ($359k), Cars, tractors, trucks & parts thereof. ($164k), Mineral fuels, mineral oils and products... ($56k), Iron & steel ($42k), and Miscellaneous edible preparations ($23k). In August 2024 the top imports of South Korea from Seychelles were Fish, crustaceans, & molluscs ($94k), Non-knitted clothing accesories ($1k), Miscellaneous edible preparations ($0), Mineral fuels, mineral oils and products... ($0), and Perfumery & cosmetics ($0).

Growth In August 2024, the increase in South Korea's year-by-year exports to Seychelles was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts ($164k or 84.1%), Cars, tractors, trucks & parts thereof. ($124k or 310%), and Mineral fuels, mineral oils and products... ($28k or 100%). In August 2024, the increase in South Korea's year-by-year imports  from Seychelles was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$1.04M(445%)
IMPORT GROWTH (August 2023 - August 2024)$128k(41.4%)

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

To check Seychelles and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Seychelles and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $27.7M to Seychelles. The main products exported from South Korea to Seychelles were Coated Flat-Rolled Iron ($15M), Non-fillet Frozen Fish ($5.08M), and Cars ($1.85M). During the last 5 years the exports of South Korea to Seychelles have decreased at an annualized rate of 4.53%, from $34.9M in 2017 to $27.7M in 2022.

In 2017, Seychelles exported $6.14M to South Korea. The main products exported from Seychelles to South Korea were Non-fillet Frozen Fish ($5.11M), Fish Fillets ($786k), and Scrap Aluminium ($171k). During the last 5 years the exports of Seychelles to South Korea have decreased at an annualized rate of 5.26%, from $8.04M in 2022 to $6.14M in 2017.

Exports from South Korea (Flag) to Seychelles (Flag) (2022)

Exports from Seychelles (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Seychelles
Top DestinationUnited Arab Emirates$151M

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

In 2022, countries that imported more from South Korea than Seychelles included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Seychelles than South Korea included Mauritius ($73.1M), Cape Verde ($3.81M), and Tokelau ($109k).

Difference in imports from Seychelles (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Seychelles

Flow
Scale

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

During 2022, South Korea had a large net trade with Seychelles in the exports of Metals ($15.1M), Animal Products ($5.12M), and Transportation ($3.39M).

During 2017, Seychelles had a large net trade with South Korea in the exports of Animal Products ($5.89M), Metals ($175k), and Plastics and Rubbers ($22.8k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Seychelles (Flag) (2022)

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