Seychelles

Compare Seychelles →

SC · SYC · BACI 690 · latest data 2024

Exports

$899M USD, nominal · 2024

= $899 M16.2% over 5 yrs (up)

Imports

$1.7B USD, nominal · 2024

= $1,673 M13.8% over 5 yrs (up)

Trade balancedeficit

−$774M USD, nominal · 2024

= −$774 M

Total trade

$2.6B USD, nominal · 2024

= $2,572 M14.6% over 5 yrs (up)

World position: #159 of 225 exporters · bottom half · #169 of 225 importers · bottom half · 2024
World export share since 1995: ±0.0 pp

Trade timeline

Seychelles's exports grew from $72M in 1995 to $899M in 2024; the 2024 balance was −$774M.

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Exports, imports, trade balance and total trade of Seychelles per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$72 M	$315 M	−$244 M	$387 M
1996	$161 M	$399 M	−$238 M	$560 M
1997	$151 M	$407 M	−$256 M	$558 M
1998	$145 M	$476 M	−$331 M	$621 M
1999	$188 M	$582 M	−$394 M	$770 M
2000	$260 M	$426 M	−$166 M	$686 M
2001	$259 M	$553 M	−$294 M	$813 M
2002	$438 M	$524 M	−$86 M	$962 M
2003	$531 M	$986 M	−$455 M	$1,516 M
2004	$665 M	$1,290 M	−$625 M	$1,956 M
2005	$765 M	$1,837 M	−$1,072 M	$2,601 M
2006	$894 M	$2,093 M	−$1,198 M	$2,987 M
2007	$858 M	$2,350 M	−$1,492 M	$3,208 M
2008	$594 M	$2,218 M	−$1,624 M	$2,811 M
2009	$550 M	$2,276 M	−$1,726 M	$2,826 M
2010	$547 M	$2,861 M	−$2,314 M	$3,408 M
2011	$1,408 M	$4,120 M	−$2,712 M	$5,528 M
2012	$583 M	$2,106 M	−$1,523 M	$2,689 M
2013	$702 M	$2,266 M	−$1,564 M	$2,968 M
2014	$617 M	$1,911 M	−$1,295 M	$2,528 M
2015	$502 M	$1,081 M	−$579 M	$1,582 M
2016	$634 M	$1,605 M	−$972 M	$2,239 M
2017	$3,342 M	$3,504 M	−$162 M	$6,846 M
2018	$977 M	$1,773 M	−$796 M	$2,750 M
2019	$774 M	$1,470 M	−$697 M	$2,244 M
2020	$1,126 M	$2,236 M	−$1,111 M	$3,362 M
2021	$827 M	$1,880 M	−$1,053 M	$2,707 M
2022	$779 M	$2,082 M	−$1,303 M	$2,860 M
2023	$742 M	$1,629 M	−$887 M	$2,370 M
2024	$899 M	$1,673 M	−$774 M	$2,572 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #170 → #159.

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World export and import share in percent, and world ranks, of Seychelles per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.00%	0.01%	#170	#159
1996	0.00%	0.01%	#156	#156
1997	0.00%	0.01%	#161	#156
1998	0.00%	0.01%	#158	#152
1999	0.00%	0.01%	#156	#150
2000	0.00%	0.01%	#160	#165
2001	0.00%	0.01%	#159	#160
2002	0.01%	0.01%	#149	#165
2003	0.01%	0.01%	#151	#153
2004	0.01%	0.01%	#151	#148
2005	0.01%	0.02%	#147	#138
2006	0.01%	0.02%	#148	#142
2007	0.01%	0.02%	#153	#146
2008	0.00%	0.01%	#165	#160
2009	0.00%	0.02%	#162	#153
2010	0.00%	0.02%	#164	#152
2011	0.01%	0.02%	#151	#144
2012	0.00%	0.01%	#173	#162
2013	0.00%	0.01%	#168	#162
2014	0.00%	0.01%	#170	#170
2015	0.00%	0.01%	#170	#176
2016	0.00%	0.01%	#167	#166
2017	0.02%	0.02%	#125	#150
2018	0.01%	0.01%	#159	#165
2019	0.00%	0.01%	#161	#171
2020	0.01%	0.01%	#153	#158
2021	0.00%	0.01%	#164	#165
2022	0.00%	0.01%	#165	#163
2023	0.00%	0.01%	#165	#170
2024	0.00%	0.01%	#159	#169

30 rows

Trading partners

United Arab Emirates was Seychelles's top trading partner in 2024, at 31.4% of total trade; the top five partners covered 55.0%.

Year

Top partner share: 31.4%
Top-5 share: 55.0%
Partners: 140
Partner HHI (0–1): 0.122

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United Arab Emirates $278M

France $91M

United Kingdom $65M

Mauritius $64M

Japan $53M

Spain $52M

Italy $49M

Germany $26M

Türkiye $26M

Netherlands $14M

South Africa $4M

India $3M

Thailand $2M

Cyprus $1M

China $0M

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Top partners of Seychelles in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	United Arab Emirates	$278 M	$529 M	$807 M	−$251 M
#2	France	$91 M	$111 M	$202 M	−$20 M
#3	Spain	$52 M	$118 M	$170 M	−$66 M
#4	Cyprus	$1 M	$127 M	$128 M	−$125 M
#5	United Kingdom	$65 M	$44 M	$109 M	$21 M
#6	Mauritius	$64 M	$37 M	$101 M	$27 M
#7	India	$3 M	$96 M	$99 M	−$93 M
#8	South Africa	$4 M	$91 M	$95 M	−$87 M
#9	China	$0 M	$81 M	$81 M	−$81 M
#10	Italy	$49 M	$25 M	$74 M	$24 M
#11	Japan	$53 M	$11 M	$65 M	$42 M
#12	Thailand	$2 M	$51 M	$53 M	−$49 M
#13	Germany	$26 M	$25 M	$52 M	$1 M
#14	Türkiye	$26 M	$14 M	$40 M	$12 M
#15	Netherlands	$14 M	$21 M	$36 M	−$7 M

15 rows

Products & sectors

Product composition of Seychelles's trade in 2024.

Year

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Concentration & risk

Seychelles's export partners diversified over 1995–2024 — HHI 0.202 → 0.130, a moderately concentrated export base across 109 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Seychelles per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.202	0.093	44	68
1996	0.173	0.121	62	68
1997	0.115	0.078	62	75
1998	0.151	0.065	67	78
1999	0.163	0.071	73	77
2000	0.146	0.071	101	86
2001	0.125	0.143	88	91
2002	0.113	0.071	100	98
2003	0.124	0.082	100	94
2004	0.156	0.099	109	107
2005	0.147	0.087	112	121
2006	0.238	0.099	113	110
2007	0.131	0.089	109	116
2008	0.122	0.067	120	210
2009	0.147	0.095	125	218
2010	0.071	0.171	141	217
2011	0.378	0.237	123	213
2012	0.100	0.076	133	157
2013	0.122	0.068	128	165
2014	0.113	0.069	121	157
2015	0.102	0.060	127	161
2016	0.089	0.129	127	173
2017	0.260	0.240	132	164
2018	0.079	0.059	127	165
2019	0.090	0.064	131	162
2020	0.081	0.118	130	160
2021	0.072	0.101	128	167
2022	0.077	0.093	130	168
2023	0.085	0.128	120	123
2024	0.130	0.128	109	123

30 rows

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