Seychelles recorded a trade deficit of 50.58 USD Million in November of 2019. Seychelles Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Balance of Trade in Seychelles averaged -44.86 USD Million from 2005 until 2019, reaching an all time high of -2.91 USD Million in September of 2018 and a record low of -192 USD Million in August of 2010. This page provides - Seychelles Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Balance of Trade in Seychelles is expected to be -37.51 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Seychelles to stand at -37.99 in 12 months time. In the long-term, the Seychelles Balance of Trade is projected to trend around -38.10 USD Million in 2021 and -80.00 USD Million in 2022, according to our econometric models.

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Seychelles Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-50.58 -47.79 -2.91 -192.00 2005 - 2019 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-11-25 09:20 AM Sep $-45.8M $-57.6M $ -37.3M
2019-12-03 09:20 AM Oct $-47.8M $-45.8M $-30M
2020-01-03 09:00 AM Nov $-50.6M $-47.8M $-25M
2020-02-03 10:00 AM Dec $-43M $-50.6M $ -75.5M
2020-03-02 10:00 AM Jan $-18M
2020-04-03 09:00 AM Feb $ -35M
2020-05-04 09:05 AM Mar $ -35M
2020-06-01 09:15 AM Apr

Seychelles Balance of Trade
Seychelles’ fishing industry accounts for over 90 percent of total exports. However, lack of mineral resources makes the country reliant on the import of petroleum products. Seychelles’ main trading partners are: France, United Kingdom and Saudi Arabia.