Seychelles

Seychelles ranked No. 199 in total trade value through June with a total of $7.73 million. Exports totaled $4.64 million and Imports totaled $3.09 million, a surplus of $1.55 million.

U.S. trade with Seychelles rose to $7.73 million through June

Seychelles’s trade with the United States rose to $7.73 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 50.96 percent below its total trade during the same time period last year. U.S. exports to Seychelles decreased 56.73 percent while U.S. imports from Seychelles fell 38.66 percent. The U.S. surplus with Seychelles was $1.55 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of New Orleans; No. 3 Port of Newark; No. 4 Port of Virginia; and No. 5 Chicago O’Hare International Airport. During the same period the previous year, the top five were No. 1 Los Angeles International Airport; No. 2 Port of New Orleans; No. 3 Port of Charleston; No. 4 Miami Int’l Airport and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 51.17 percent of Seychelles’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport fell 2.35 percent to $981,788.
    Exports rose 131.52 percent to $119,083. Imports fell 9.57 percent to $862,705.
  • Trade with No. 2 Port of New Orleans fell 16.38 percent to $954,872.
    Exports fell 10.78 percent to $790,982. Imports fell 35.8 percent to $163,890.
  • Trade with No. 3 Port of Newark rose 140.92 percent to $740,825.
    Exports rose 85.19 percent to $213,929. Imports rose 174.46 percent to $526,896.
  • Trade with No. 4 Port of Virginia rose 839.2 percent to $661,356.
    Exports rose 839.2 percent to $661,356. There were no imports.
  • Trade with No. 5 Chicago O’Hare International Airport fell 38.22 percent to $614,565.
    Exports fell 39.72 percent to $523,329. Imports fell 27.9 percent to $91,236.

Seychelles ranked No. 199 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 191.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Seychelles by value through June were the categories of Civilian aircraft, parts; Soybean oilcake, other solid residue, not ground; Catalytic converters, air filters, oil filters, etc.; Computers; and Misc. coated paper, paperboard, respectively. They accounted for 45.54 percent of total exports to Seychelles.

The value of the top five categories of U.S. imports from Seychelles –– Fish, fresh or chilled; Returned exports, without change; Furniture, parts; Shrimp, other crustaceans; and Taps, cocks and valves for pipes, tanks –– accounted for 81.75 percent of all inbound shipments.

Looking more closely at U.S. exports to Seychelles:

  • Civilian aircraft, parts fell 64.04 percent compared to last year to $881,130.
  • Soybean oilcake, other solid residue, not ground totaled $494,140. The previous year, there were no exports in this category.
  • Catalytic converters, air filters, oil filters, etc. rose 66.05 percent compared to last year to $350,565.
  • Computers rose 11.02 percent compared to last year to $195,184.
  • Misc. coated paper, paperboard totaled $190,980. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Seychelles:

  • Fish, fresh or chilled fell 40.2 percent compared to last year to $1.76 million.
  • Returned exports, without change rose 14.11 percent compared to last year to $324,209.
  • Furniture, parts rose 83.17 percent compared to last year to $225,872.
  • Shrimp, other crustaceans totaled $107,965. The previous year, there were no imports in this category.
  • Taps, cocks and valves for pipes, tanks rose 125.68 percent compared to last year to $103,588.

In the latest annual figures available, Seychelles recorded $27.57 million in trade with the United States. Total U.S. exports to Seychelles were $ 18.28 million and imports from Seychelles were $9.29 million. The U.S. surplus with Seychelles was $8.98 million.