Seychelles-Türkiye Bilateral Trade Analysis 2023

Complete trade statistics: $44.63M total volume •Seychelles surplus: $137,212

SeychellesTürkiye

$22.38M

Exports (2023)

TürkiyeSeychelles

$22.25M

Imports (2023)

Trade Balance

$137,212

Surplus for Seychelles

Total Trade

$44.63M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Seychelles and Türkiye. 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-Türkiye commercial relationship and competitive positioning in global markets.

SeychellesTürkiye Exports

$22.38M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
60.5% top product
1Fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$13.54M
60.5% of exports
2Fish: frozen, bigeye tunas (Thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$5.02M
22.4% of exports
3Fish: frozen, yellowfin tunas (Thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
$2.01M
9.0% of exports
4Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates
$1.03M
4.6% of exports
5Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)
$368,976
1.6% of exports

🎯 Strategic Export Focus

Seychelles's export portfolio to Türkiye demonstrates strategic specialization, with fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 representing a key competitive advantage in this bilateral market.

TürkiyeSeychelles Imports

$22.25M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
10.5% concentration
1Vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified
$2.33M
10.5% of imports
2Tugs and pusher craft
$1.99M
8.9% of imports
3Video recording or reproducing apparatus: other than magnetic tape-type
$1.79M
8.1% of imports
4Vegetables: tomatoes, fresh or chilled
$1.18M
5.3% of imports
5Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling
$911,465
4.1% of imports

📦 Import Strategy Analysis

Seychelles's import pattern from Türkiye reveals strategic sourcingin vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Seychelles demonstrates competitive strength in exportingfish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 to Türkiye, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $44.63M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Seychelles-Türkiye Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $44.63 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Seychelles maintains a surplus of $137.21 thousand
  • Export Focus: Seychelles's primary exports include fish: frozen, skipjack or stripe-bellied bonito, 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, fish: frozen, yellowfin tunas (thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
  • Import Dependencies: Key imports from Türkiye include vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified, tugs and pusher craft, video recording or reproducing apparatus: other than magnetic tape-type

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 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 $44.63M 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: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99.

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

1

Comparative Advantage

Seychelles's specialization in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99complements Türkiye's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $44.63M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $44.63M 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 $44.63 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 and vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Seychelles's trade surplus of $137.21 thousand strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fish: frozen, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 present expansion opportunities.
Market Diversification
Beyond current focus on vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 may affect future market positioning.

🎯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 Türkiye represents a total trade volume of $44.63 million in 2023. This partnership demonstrates a favorable trade balance for Seychelles, with exports exceeding importsby $137.21 thousand.

Export Strengths

Seychelles's exports to Türkiye total $22.38 million, with competitive advantages in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, representing $13.54M or60.5% of bilateral exports.

Import Dependencies

Imports from Türkiye amount to $22.25 million, highlighting economic interdependence in vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified, with Vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified comprising10.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Seychelles's competitive position in this bilateral relationship. 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 Türkiye in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023