Seychelles-Italy Bilateral Trade Analysis 2023
Complete trade statistics: $124.87M total volume •Seychelles deficit: $5.83M
Seychelles → Italy
$59.52M
Exports (2023)
Italy → Seychelles
$65.35M
Imports (2023)
Trade Balance
$5.83M
Deficit for Seychelles
Total Trade
$124.87M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Seychelles and Italy. Green line shows exports from Seychelles, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Seychelles-Italy commercial relationship and competitive positioning in global markets.
Seychelles → Italy Exports
Export Market Intelligence
🎯 Strategic Export Focus
Seychelles's export portfolio to Italy demonstrates strategic specialization, with fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) representing a key competitive advantage in this bilateral market.
Italy → Seychelles Imports
Import Dependency Profile
📦 Import Strategy Analysis
Seychelles's import pattern from Italy reveals strategic sourcingin motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Seychelles demonstrates competitive strength in exportingfish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) to Italy, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $124.87M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Seychelles-Italy Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $124.87 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Seychelles maintains a deficit of $5.83 million
- Export Focus: Seychelles's primary exports include fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), fish: frozen, yellowfin tunas (thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, fish: frozen, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
- Import Dependencies: Key imports from Italy include motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable, ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%, machinery: for filtering or purifying water
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $124.87M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Seychelles leveraging its comparative advantages in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Seychelles's specialization in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)complements Italy's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $124.87M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $124.87M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $124.87 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) and motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Seychelles's trade deficit of $5.83 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Seychelles and Italy represents a total trade volume of $124.87 million in 2023. This partnership demonstrates an unfavorable trade balance for Seychelles, with imports exceeding exportsby $5.83 million.
Export Strengths
Seychelles's exports to Italy total $59.52 million, with competitive advantages in fish preparations: tunas, skipjack and atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced), representing $44.20M or74.3% of bilateral exports.
Import Dependencies
Imports from Italy amount to $65.35 million, highlighting economic interdependence in motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable, with Motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable comprising49.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Seychelles's strategic sourcing from Italy. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Seychelles and Italy in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023