Seychelles's merchandise exports by the reporting economy (current US$) was US$548.98 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 68.79% from US$1.76 billion in 2013 (10.99% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$548.98 million | 2023 |
| Five years earlier | US$762.72 million | 2018 |
| Ten years earlier | US$1.76 billion | 2013 |
| Highest | US$2.81 billion | 2011 |
| Lowest | US$1.3 million | 1971 |
| Average since 2014 | US$774.72 million | 2014–2023 |
| First recorded | US$1.5 million |
What the numbers say
In 2023, Seychelles' merchandise exports by the reporting economy (current US$) fell 8.5% on 2022 (from US$600.01 million to US$548.98 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +40.5% and a typical year strayed about 113.3% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 1,017.1% in 1988 and the biggest yearly fall was 86.1% in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 23% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Seychelles had the 163rd highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Seychelles | US$548.98 million | 2023 |
| World | US$22.82 trillion | 2023 |
| Sub-Saharan Africa | US$417.96 billion | 2023 |
| High income | US$15.05 trillion | 2023 |
Closest to Seychelles in the 2023 ranking
- Bhutan — 160th of 205: US$703.02 million
- Montenegro — 161st of 205: US$689.83 million
- South Sudan — 162nd of 205: US$652.23 million
- Sierra Leone — 164th of 205: US$513.99 million
- Eritrea — 165th of 205: US$480.28 million
- Gibraltar — 166th of 205: US$475.72 million
What this measures
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.
Regional and income-group figures are computed by the World Bank as a sum.
All 54 values
| Year | Merchandise exports by the reporting economy (current US$) |
|---|---|
| 2023 | 548,978,129 |
| 2022 | 600,011,272 |
| 2021 | 580,305,324 |
| 2020 | 837,095,650 |
| 2019 | 709,851,301 |
| 2018 | 762,720,660 |
| 2017 | 1,093,974,650 |
| 2016 | 483,968,313 |
| 2015 | 476,244,154 |
| 2014 | 1,654,073,350 |
Merchandise exports by the reporting economy (current US$) in nearby economies
- Angola — US$38.48 billion (2023)
- Benin — US$1.05 billion (2023)
- Botswana — US$5.08 billion (2023)
- Burkina Faso — US$4.46 billion (2023)
- Burundi — US$156.8 million (2023)
- Cabo Verde — US$170.84 million (2023)
- Cameroon — US$4.45 billion (2023)
- Central African Republic — US$115.95 million (2023)
- Chad — US$4.22 billion (2023)
More private sector & trade data for Seychelles
- Merchandise trade (% of GDP) — 86.72% (2025)
- Merchandise imports (current US$) — US$1.52 billion (2025)
- Merchandise exports (current US$) — US$550 million (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 71.04% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 18.43% (2023)
- Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) — 7.33% (2023)
- Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) — 10.53% (2023)
Reading data like this
Questions people ask
- What is Seychelles's merchandise exports by the reporting economy (current US$)?
- US$548.98 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 36,499% from US$1.5 million in 1970 (11.78% a year on average, compounded). The highest value was US$2.81 billion in 2011 and the lowest US$1.3 million in 1971.
- How does Seychelles rank?
- 163rd highest of 205 economies with data for 2023.
- Is the latest change in merchandise exports by the reporting economy (current US$) unusual for Seychelles?
- In 2023, Seychelles' merchandise exports by the reporting economy (current US$) fell 8.5% on 2022 (from US$600.01 million to US$548.98 million). Across the 30 yearly changes before that (1993 to 2022), the average change was +40.5% and a typical year strayed about 113.3% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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