Seychelles recorded a trade deficit of 73.88 USD Million in January of 2023. source: Central Bank of Seychelles

Balance of Trade in Seychelles averaged -44.99 USD Million from 2005 until 2023, reaching an all time high of -2.91 USD Million in September of 2018 and a record low of -192.00 USD Million in August of 2010. This page provides - Seychelles Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Balance of Trade in Seychelles is expected to be -74.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Seychelles Balance of Trade is projected to trend around -33.00 USD Million in 2024 and -14.00 USD Million in 2025, according to our econometric models.

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Seychelles Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2023-02-01 11:00 AM Dec $-71.1M $-69.7M $-53.0M
2023-03-01 11:00 AM Jan $-73.9M $-71.1M $-80.0M
2023-03-31 10:00 AM Feb $-73.9M $-79.0M

Related Last Previous Unit Reference
Balance of Trade -73.88 -71.12 USD Million Jan 2023
Current Account -119.80 -48.20 USD Million Sep 2022
Current Account to GDP -20.00 -22.00 percent of GDP Dec 2021
Imports 92.46 86.99 USD Million Jan 2023
Exports 18.58 15.87 USD Million Jan 2023
Capital Flows -120.10 -25.90 USD Million Sep 2022
External Debt 7952.00 8157.00 SCR Million Jan 2023
Foreign Direct Investment 60.00 50.90 USD Million Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-73.88 -71.12 -2.91 -192.00 2005 - 2023 USD Million Monthly