2023
Flag  
GDP
$2.14BCURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 56 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$17,879CURRENT US$
Rnk 67 / 195
2013-2023
Flag
GDP PC GROWTH
20.6%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Seychelles-South Korea Trade: In 2023, Seychelles exported $117k to South Korea. The main products that Seychelles exported to South Korea were Machinery Having Individual Functions ($97.3k) and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($19.8k). Over the past 5 years the exports of Seychelles to South Korea have decreased at an annualized rate of 55.3%, from $6.57M in 2018 to $117k in 2023.

In 2023, Seychelles did not export any services to South Korea.

South Korea-Seychelles Trade: In 2023, South Korea exported $10.5M to Seychelles. The main products that South Korea exported to Seychelles were Cars ($3.69M), Electric Batteries ($1.33M), and Non-fillet Frozen Fish ($1.24M). Over the past 5 years the exports of South Korea to Seychelles have decreased at an annualized rate of 16%,  from $25.1M in 2018 to $10.5M in 2023.

In 2023, South Korea did not export any services to Seychelles.

Comparison In 2023,  Seychelles ranked 166 in total exports ($742M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Seychelles exported $117k to South Korea. The main products exported from Seychelles to South Korea were Machinery Having Individual Functions ($97.3k) and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($19.8k). During the last 5 years the exports of Seychelles to South Korea have decreased at an annualized rate of 55.3%, from $6.57M in 2018 to $117k in 2023.

In 2018, South Korea exported $10.5M to Seychelles. The main products exported from South Korea to Seychelles were Cars ($3.69M), Electric Batteries ($1.33M), and Non-fillet Frozen Fish ($1.24M). During the last 5 years the exports of South Korea to Seychelles have decreased at an annualized rate of 16%, from $25.1M in 2023 to $10.5M in 2018.

Exports from Seychelles (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Seychelles (Flag) (2023)

Latest Data

Trade between Seychelles (Flag) and South Korea (Flag)

Seychelles Exports

South Korea Exports

Market Competitiveness

Color
Seychelles
Top Destination
France$147M
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Seychelles than South Korea included Mauritius ($88.5M), Bangladesh ($640k), and Vietnam ($511k).

In 2023, countries that imported more from South Korea than Seychelles included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Seychelles (Flag) (2023)

Comparative Advantage Seychelles - South Korea

Flow
Scale

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

During 2023, Seychelles had a large net trade with South Korea in the exports of Machines ($97.3k) and Textiles ($19.8k).

During 2018, South Korea had a large net trade with Seychelles in the exports of Transportation ($5.29M), Machines ($2.33M), and Animal Products ($1.24M).

Economic Complexity

Competitive Landscape

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

Product Space of Seychelles (Flag) and South Korea (Flag) (2023)

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