Portugal (PRT) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

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Portugal-Seychelles Trade: In 2023, Portugal exported $20.2M to Seychelles. The main products that Portugal exported to Seychelles were Tissue ($16M), Seed Oils ($961k), and Pure Olive Oil ($699k). Over the past 5 years the exports of Portugal to Seychelles have increased at an annualized rate of 40.6%, from $3.68M in 2018 to $20.2M in 2023.

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

Seychelles-Portugal Trade: In 2023, Seychelles exported $3.46M to Portugal. The main products that Seychelles exported to Portugal were Non-fillet Frozen Fish ($2.63M), Processed Fish ($730k), and Stranded Iron Wire ($86.1k). Over the past 5 years the exports of Seychelles to Portugal have decreased at an annualized rate of 3.79%, from $4.2M in 2018 to $3.46M in 2023.

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

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Seychelles ranked 166 in total exports ($742M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

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Overview In December 2024, Portugal exported €132k and imported €293k from Seychelles, resulting in a negative trade balance of €161k. Between December 2023 and December 2024 the exports of Portugal have decreased by €-41k (-23.7%) from €173k to €132k, while imports increased by €293k (N/A%) from €0 to €293k.

Trade In December 2024, the top exports of Portugal to Seychelles were Non-knitted clothing accesories (€1.84k), Knitted clothing accesories (€1.13k), Electrical machinery and electronics (€911), Perfumery & cosmetics (€726), and Soap, cleaners, candles, dental, modelling pastes (€207). In December 2024 the top imports of Portugal from Seychelles were Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In December 2024, the decrease in Portugal's year-by-year exports to Seychelles was explained primarily by an decrease in product exports in Animal or vegetable fats, oils, &... (€-921k or -100%), Edible products of animal origin, n.e.s. (€-9.45k or -100%), and Machinery, mechanical appliances, & parts (€-5.96k or -99.6%). In December 2024, the increase in Portugal'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 (December 2023 - December 2024)€-41k(-23.7%)

IMPORT GROWTH (December 2023 - December 2024)€293k(N/A%)

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

To check Seychelles and Portugal 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, Portugal exported $20.2M to Seychelles. The main products exported from Portugal to Seychelles were Tissue ($16M), Seed Oils ($961k), and Pure Olive Oil ($699k). During the last 5 years the exports of Portugal to Seychelles have increased at an annualized rate of 40.6%, from $3.68M in 2018 to $20.2M in 2023.

In 2018, Seychelles exported $3.46M to Portugal. The main products exported from Seychelles to Portugal were Non-fillet Frozen Fish ($2.63M), Processed Fish ($730k), and Stranded Iron Wire ($86.1k). During the last 5 years the exports of Seychelles to Portugal have decreased at an annualized rate of 3.79%, from $4.2M in 2023 to $3.46M in 2018.

Exports from Portugal () to Seychelles () (2023)

Exports from Seychelles () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Seychelles
Top DestinationFrance$147M

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

In 2023, countries that imported more from Portugal than Seychelles included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Seychelles than Portugal included Mauritius ($88.5M), Zimbabwe ($12.2M), and Madagascar ($7.82M).

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

Comparative Advantage Portugal - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Seychelles in the exports of Paper Goods ($16M), Animal and Vegetable Bi-Products ($1.66M), and Textiles ($779k).

During 2018, Seychelles had a large net trade with Portugal in the exports of Animal Products ($2.63M), Foodstuffs ($732k), and Metals ($86.1k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Seychelles () (2023)

Exports from Seychelles () to Portugal () (2023)

Market Competitiveness

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

Comparative Advantage Portugal - Seychelles

Economic Complexity

Competitive Landscape

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

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