Seychelles - Foreign trade



Foreign trade is habitually in deficit. Strict trade regulations hinder trade growth. Preserved fish (73%), fresh fish (8.0%), salted, dried, and smoked fish (6.5%), and shellfish (3.7%) account for the majority of Seychelles's commodity exports. Other exports include cinnamon and vanilla (2.4%). In 1996 Seychelles's imports were distributed among the following categories:

Seychelles

Consumer goods 11.1%
Food 18.9%
Fuels 3.2%
Industrial supplies 17.1%
Machinery 15.6%
Transportation 33.7%
Other 0.5%

Principal trading partners in 1998 (in millions of US dollars) were as follows:

Seychelles

COUNTRY EXPORTS IMPORTS BALANCE
United Kingdom 30 36 -6
France 19 34 -15
Netherlands 18 4 14
Italy 16 31 -15
Japan 5 15 -10
Spain 3 14 -11
United States 2 11 -9
South Africa 2 52 -50
Saudi Arabia n.a. 16 n.a.
Singapore n.a. 40 n.a.
Also read article about Seychelles from Wikipedia

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