Seychelles (SYC) and Madagascar (MDG) Trade | The Observatory of Economic Complexity

About

Seychelles-Madagascar Trade: In 2022, Seychelles exported $6.03M to Madagascar. The main products that Seychelles exported to Madagascar were Non-fillet Frozen Fish ($4.71M), Recreational Boats ($662k), and Plastic Lids ($139k). Over the past 5 years the exports of Seychelles to Madagascar have decreased at an annualized rate of 21.1%, from $19.7M in 2017 to $6.03M in 2022.

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

Madagascar-Seychelles Trade: In 2022, Madagascar exported $4.15M to Seychelles. The main products that Madagascar exported to Seychelles were Salt ($2.04M), Paper Containers ($1.43M), and Shaped Paper ($195k). Over the past 5 years the exports of Madagascar to Seychelles have decreased at an annualized rate of 8.73%, from $6.55M in 2017 to $4.15M in 2022.

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

Comparison In 2022, Seychelles ranked 162 in total exports ($842M), and does not have data regarding Economic Complexity Index. That same year, Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Seychelles exported $6.03M to Madagascar. The main products exported from Seychelles to Madagascar were Non-fillet Frozen Fish ($4.71M), Recreational Boats ($662k), and Plastic Lids ($139k). During the last 5 years the exports of Seychelles to Madagascar have decreased at an annualized rate of 21.1%, from $19.7M in 2017 to $6.03M in 2022.

In 2017, Madagascar exported $4.15M to Seychelles. The main products exported from Madagascar to Seychelles were Salt ($2.04M), Paper Containers ($1.43M), and Shaped Paper ($195k). During the last 5 years the exports of Madagascar to Seychelles have decreased at an annualized rate of 8.73%, from $6.55M in 2022 to $4.15M in 2017.

Exports from Seychelles () to Madagascar () (2022)

Exports from Madagascar () to Seychelles () (2022)

Latest Data

Trade between Seychelles () and Madagascar ()

Seychelles Exports

Date

Madagascar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Seychelles
Top DestinationUnited Arab Emirates$151M

Madagascar
Top DestinationUnited States$756M

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

In 2022, countries that imported more from Seychelles than Madagascar included United Arab Emirates ($151M), Mauritius ($73.1M), and Malta ($15.3M).

In 2022, countries that imported more from Madagascar than Seychelles included United States ($756M), China ($538M), and France ($634M).

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

Comparative Advantage Seychelles - Madagascar

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Seychelles had a large net trade with Madagascar in the exports of Animal Products ($4.71M), Transportation ($662k), and Textiles ($212k).

During 2017, Madagascar had a large net trade with Seychelles in the exports of Mineral Products ($2.16M), Paper Goods ($1.72M), and Textiles ($71.6k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Seychelles () to Madagascar () (2022)

Exports from Madagascar () to Seychelles () (2022)

Latest Data

Trade between Seychelles () and Madagascar ()

Seychelles Exports

Madagascar Exports

Market Competitiveness

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

Comparative Advantage Seychelles - Madagascar

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring