India (IND) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

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India-Seychelles Trade: In 2022, India exported $64.9M to Seychelles. The main products that India exported to Seychelles were Cars ($11.6M), Rice ($5.68M), and Small Iron Containers ($5M). Over the past 5 years the exports of India to Seychelles have increased at an annualized rate of 8.7%, from $42.8M in 2017 to $64.9M in 2022.

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

Seychelles-India Trade: In 2022, Seychelles exported $7.12M to India. The main products that Seychelles exported to India were Manganese Ore ($2.41M), Other Iron Products ($922k), and Industrial Fatty Acids, Oils and Alcohols ($849k). Over the past 5 years the exports of Seychelles to India have increased at an annualized rate of 39%, from $1.37M in 2017 to $7.12M in 2022.

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

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

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Overview In June 2024, India exported $5.29M and imported $274k from Seychelles, resulting in a positive trade balance of $5.02M. Between June 2023 and June 2024 the exports of India have decreased by $-1.24M (-19%) from $6.53M to $5.29M, while imports decreased by $-650k (-70.4%) from $924k to $274k.

Trade In June 2024, the top exports of India to Seychelles were Motor Vehicle/Cars ($1.39M), Products Of Iron And Steel ($737k), Rice -Basmoti ($609k), Drug Formulations, Biologicals ($311k), and Electric Machinery And Equipme ($239k). In June 2024 the top imports of India from Seychelles were Residul Chemicl And Alled Prod ($277k), Products Of Iron And Steel ($139k), Aluminium, Products Of Aluminm ($133k), Cosmetics And Toiletries ($46.4k), and Iron And Steel ($20.9k).

Growth In June 2024, the decrease in India's year-by-year exports to Seychelles was explained primarily by an decrease in product exports in Marine Products ($-133k or -99.9%), Othr Rubber Prodct Excpt Footw ($-89.8k or -86.9%), and Auto Components/Parts ($-76.8k or -66.5%). In June 2024, the decrease in India's year-by-year imports from Seychelles was explained primarily by an decrease in product imports in Iron And Steel ($-6.47k or -23.6%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-1.24M(-19%)

IMPORT GROWTH (June 2023 - June 2024)$-650k(-70.4%)

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

To check Seychelles and India 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, India exported $64.9M to Seychelles. The main products exported from India to Seychelles were Cars ($11.6M), Rice ($5.68M), and Small Iron Containers ($5M). During the last 5 years the exports of India to Seychelles have increased at an annualized rate of 8.7%, from $42.8M in 2017 to $64.9M in 2022.

In 2017, Seychelles exported $7.12M to India. The main products exported from Seychelles to India were Manganese Ore ($2.41M), Other Iron Products ($922k), and Industrial Fatty Acids, Oils and Alcohols ($849k). During the last 5 years the exports of Seychelles to India have increased at an annualized rate of 39%, from $1.37M in 2022 to $7.12M in 2017.

Exports from India () to Seychelles () (2022)

Exports from Seychelles () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Seychelles
Top DestinationUnited Arab Emirates$151M

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

In 2022, countries that imported more from India than Seychelles included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Seychelles than India included Tokelau ($109k).

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

Comparative Advantage India - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Seychelles in the exports of Transportation ($14.8M), Vegetable Products ($9.94M), and Metals ($9.06M).

During 2017, Seychelles had a large net trade with India in the exports of Mineral Products ($2.41M), Metals ($2.07M), and Chemical Products ($1.86M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Seychelles () (2022)

Exports from Seychelles () to India () (2022)

Market Competitiveness

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

Comparative Advantage India - Seychelles

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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