Norway (NOR) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

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Norway-Seychelles Trade: In 2022, Norway exported $3.03M to Seychelles. The main products that Norway exported to Seychelles were Recreational Boats ($1.51M), Compasses ($340k), and Plastic Lids ($215k). Over the past 5 years the exports of Norway to Seychelles have increased at an annualized rate of 10.5%, from $1.83M in 2017 to $3.03M in 2022.

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

Seychelles-Norway Trade: In 2022, Seychelles exported $92.7k to Norway. The main products that Seychelles exported to Norway were Household Washing Machines ($68k), Fish Fillets ($16.1k), and Other Plastic Products ($4.2k). Over the past 5 years the exports of Seychelles to Norway have decreased at an annualized rate of 9.56%, from $207k in 2017 to $92.7k in 2022.

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

Comparison In 2022, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

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Overview In October 2024, Norway exported NOK4.35M and imported NOK128k from Seychelles, resulting in a positive trade balance of NOK4.22M. Between October 2023 and October 2024 the exports of Norway have increased by NOK4.12M (1.82k%) from NOK226k to NOK4.35M, while imports increased by NOK90k (237%) from NOK38k to NOK128k.

Trade In October 2024, the top exports of Norway to Seychelles were General industrial machinery and equipment, n.e.s.,... (NOK172k), Professional, scientific and controlling instruments and... (NOK93k), Metalworking machinery (NOK72k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0). In October 2024 the top imports of Norway from Seychelles were Office machines and automatic data-processing machines (NOK36k), Fish (not marine mammals), crustaceans, molluscs... (NOK34k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0).

Growth In October 2024, the increase in Norway's year-by-year exports to Seychelles was explained primarily by an increase in product exports in General industrial machinery and equipment, n.e.s.,... (NOK166k or 2.77k%). In October 2024, the increase in Norway's year-by-year imports from Seychelles was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)NOK4.12M(1.82k%)

IMPORT GROWTH (October 2023 - October 2024)NOK90k(237%)

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

To check Seychelles and Norway 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 2022, Norway exported $3.03M to Seychelles. The main products exported from Norway to Seychelles were Recreational Boats ($1.51M), Compasses ($340k), and Plastic Lids ($215k). During the last 5 years the exports of Norway to Seychelles have increased at an annualized rate of 10.5%, from $1.83M in 2017 to $3.03M in 2022.

In 2017, Seychelles exported $92.7k to Norway. The main products exported from Seychelles to Norway were Household Washing Machines ($68k), Fish Fillets ($16.1k), and Other Plastic Products ($4.2k). During the last 5 years the exports of Seychelles to Norway have decreased at an annualized rate of 9.56%, from $207k in 2022 to $92.7k in 2017.

Exports from Norway () to Seychelles () (2022)

Exports from Seychelles () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Seychelles
Top DestinationUnited Arab Emirates$151M

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

In 2022, countries that imported more from Norway than Seychelles included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Seychelles than Norway included Mauritius ($73.1M), Malta ($15.3M), and Madagascar ($6.03M).

Difference in imports from Seychelles () and Norway () (2022)

Comparative Advantage Norway - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Seychelles in the exports of Transportation ($1.54M), Instruments ($415k), and Machines ($407k).

During 2017, Seychelles had a large net trade with Norway in the exports of Machines ($69.5k), Animal Products ($16.1k), and Plastics and Rubbers ($4.2k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Norway () to Seychelles () (2022)

Exports from Seychelles () to Norway () (2022)

Market Competitiveness

Difference in imports from Seychelles () and Norway () (2022)

Comparative Advantage Norway - Seychelles

Economic Complexity

Competitive Landscape

Product Space of Norway () and Seychelles () (2022)

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