Balance of Trade In Goods and Services (Local Currency) fell 22.4% to SCR -2.51 bil in Seychelles in 2017

Balance of Trade In Goods and Services (Local Currency) (SCR bil)
Economy | Seychelles | May 17, 2019
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Balance of trade in goods and services reached -2.51 SCR bil in 2017 in Seychelles, according to the National Statistical Office. This is 22.4 % more than in the previous year.

Historically, balance of trade in goods and services in Seychelles reached an all time high of 0.090 SCR bil in 2003 and an all time low of -2.74 SCR bil in 2014. When compared to Seychelles's main peers, balance of trade in goods and services in Comoros amounted to -78.8 KMF bil, -1,296 MGA bil in Madagascar, -0.830 MVR bil in Maldives and -59.5 MUR bil in Mauritius in 2017.

Seychelles has been ranked 82nd within the group of 163 countries we follow in terms of balance of trade in goods and services, 13 places behind the position seen 10 years ago.

The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).

Balance of Trade In Goods and Services (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Comoros KMF bil -72.6 -89.2 -87.4 -84.6 -75.1
India INR bil -5,716 -6,687 -3,350 -3,723 -3,163
Indonesia IDR bil 193,811 -33,958 -75,435 -79,083 44,113
Kenya KES bil -641 -567 -630 -794 -693
Madagascar MGA bil -3,123 -2,288 -2,033 -1,129 -991
Maldives MVR bil 2.14 5.22 7.81 8.38 5.78
Mauritius MUR bil -41.8 -41.8 -48.9 -43.8 -41.2
Mozambique MZN bil -82.0 -200 -259 -273 -235
Seychelles SCR bil -2.06 -2.59 -1.26 -2.74 -1.81
Singapore SGD bil 93.0 85.1 85.6 91.9 108
South Africa ZAR bil 24.5 -47.2 -81.4 -57.0 -52.2
Sri Lanka SKR bil -952 -1,036 -827 -836 -825
Swaziland SZL bil -4.45 -3.95 -2.72 -2.33 -0.245
Tanzania TNS bil -6,962 -5,998 -7,740 -7,614 -6,178