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Who does the Seychelles rely on?

The largest supplier of the Seychelles in 2024 is the United Arab Emirates, with 31.6% of what the Seychelles buys. Its share was 12.3% in 2019 and 0.46% in 1995. 54 of the 236 products the Seychelles buys for more than $1 million have a supplier selling more than 50% of what the Seychelles buys of that product; in 15, more than 75%. In those products, purchases from each one’s dominant supplier add up to 36.5% of what the Seychelles buys.

Summary

Largest supplier: United Arab Emirates
31.6%
Concentration (HHI)
1,280
Products with a supplier above 50%
54
Products with a supplier above 75%
15

Concentration index (HHI): 1,280 out of 10,000; equivalent to splitting purchases among 8 suppliers of the same size

Trend

Trend in shares

The United Arab Emirates went from 0.46% to 31.6% of what the Seychelles buys

Share (%)

  • United Arab Emirates 31.6%
  • Cyprus 7.6%
  • Spain 7.1%
  • France 6.6%
  • India 5.7%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Singapore15.2%
1996United States25.9%
1997France14.2%
1998South Africa11.2%
1999Finland13.8%
2000Saudi Arabia17.1%
2001United States32.3%
2002France13.6%
2003Spain13.9%
2004Saudi Arabia21.3%
2005Germany15.8%
2006Saudi Arabia23.4%
2007Saudi Arabia22.3%
2008United Arab Emirates14.3%
2009United Arab Emirates23.4%
2010United Arab Emirates36.8%
2011United Arab Emirates45.1%
2012Spain18.7%
2013Spain16.5%
2014Spain14.7%
2015Spain16.7%
2016Cayman Islands31.4%
2017Cayman Islands45.2%
2018United Arab Emirates12%
2019Qatar13.4%
2020Netherlands27.2%
2021South Africa16.2%
2022Italy20.9%
2023United Arab Emirates30.8%
2024United Arab Emirates31.6%

Its suppliers

  1. United Arab Emirates$529 million · 31.6%
  2. Cyprus$127 million · 7.6%
  3. Spain$118 million · 7.1%
  4. France$111 million · 6.6%
  5. India$96 million · 5.7%
  6. South Africa$91 million · 5.5%
  7. China$81 million · 4.8%
  8. Thailand$51 million · 3.1%
  9. United Kingdom$44 million · 2.6%
  10. Mauritius$37 million · 2.2%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 236 products the Seychelles buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Refined petroleumUnited Arab Emirates98.9%over 75%Spain · 0.56%$303 million
Cargo and cruise shipsCyprus63.8%Norway · 28%$95 million
Yachts and pleasure boatsCyprus84%over 75%United Arab Emirates · 5%$78 million
CarsIndia55.8%Japan · 12.1%$51 million
Other plastic articlesTaiwan68%United Arab Emirates · 6.5%$25 million
WineUnited Arab Emirates52.1%France · 24.4%$19 million
Buoys, rafts and floating structuresSpain96.5%over 75%South Africa · 1.1%$14 million
Metal caps and lidsThailand70.7%Spain · 20.8%$13 million
Poultry meatBrazil58.3%United Arab Emirates · 14.7%$12 million
Generating setsBelgium72%China · 7.3%$10 million
ComputersUnited Arab Emirates50.6%Malaysia · 13.4%$10 million
Sawn woodSouth Africa64%Mauritius · 13.8%$9 million
Olive oilTunisia87.4%over 75%Italy · 4.7%$9 million
RiceIndia84.8%over 75%United Arab Emirates · 6.6%$8 million
Other fresh vegetablesEgypt65%Netherlands · 10.5%$6 million
Coated flat steelThailand50.9%India · 12.3%$6 million
Powdered and condensed milkUnited Arab Emirates51.9%France · 10.3%$6 million
Monitors and projectorsUnited Arab Emirates51.8%China · 15.8%$5 million
Pet and animal feedMauritius51.2%South Africa · 22.8%$5 million
Computer and office machine partsUnited Arab Emirates50.7%France · 12.4%$5 million
BusesSouth Korea64.7%Japan · 22%$4 million
Natural gas and LPGUnited Arab Emirates57%Kenya · 42.7%$4 million
Citrus fruitEgypt57.9%South Africa · 27.3%$4 million
TugboatsChina91.2%over 75%Netherlands · 8.8%$4 million
Rope, twine and fishing netsSpain86.3%over 75%France · 11.2%$3 million

and 29 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Some of these goods may have been produced in another country: countries record origin in different ways.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: United Arab Emirates
30.9%
Concentration (HHI)
1,302

Concentration index (HHI): 1,302 out of 10,000; equivalent to splitting sales among 8 customers of the same size

Trend in shares

The United Arab Emirates went from 0.02% to 30.9% of what the Seychelles sells

Share (%)

  • United Arab Emirates 30.9%
  • France 10.1%
  • United Kingdom 7.2%
  • Mauritius 7.2%
  • Japan 6%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Yemen34%
1996United States32.8%
1997Bahrain19.9%
1998United Kingdom24.3%
1999United Kingdom29.1%
2000Saudi Arabia23.6%
2001United Kingdom25.1%
2002United Kingdom22.9%
2003Saudi Arabia22.1%
2004Saudi Arabia30.6%
2005Saudi Arabia30.5%
2006Saudi Arabia48.2%
2007Saudi Arabia28%
2008United Kingdom26.2%
2009United Kingdom29.6%
2010United Kingdom14.5%
2011Mauritius59.9%
2012France21.9%
2013France26%
2014France22.6%
2015France18.9%
2016France18.9%
2017Cayman Islands45.5%
2018United Kingdom16.8%
2019United Kingdom16.1%
2020Bermuda16.6%
2021France18.3%
2022France18.7%
2023France21.5%
2024United Arab Emirates30.9%

21 of the 27 products the Seychelles sells for more than $1 million have a customer buying more than 50% of what the Seychelles sells of that product; in 16, more than 75%. In those products, sales to each one’s dominant customer add up to 37.2% of what the Seychelles sells.

ProductCustomerShareSecondValue
Refined petroleumUnited Arab Emirates96.8%over 75%Zambia · 3.1%$226 million
Copper scrapUnited Arab Emirates98.3%over 75%India · 1.7%$41 million
Fresh fishPoland59.1%France · 12.6%$30 million
Yachts and pleasure boatsMalta90.9%over 75%Croatia · 4.2%$26 million
Aluminum scrapUnited Arab Emirates90.3%over 75%India · 8.4%$8 million
Prepared shellfishHong Kong90.7%over 75%Malaysia · 4.4%$4 million
MicrochipsHong Kong95.6%over 75%Austria · 3.1%$4 million
Fish oil and marine fatsIceland56.5%Germany · 34.4%$3 million
Makeup and skin careDenmark95.2%over 75%France · 4.6%$3 million
Liquid pumpsIsrael91.2%over 75%Zambia · 4.9%$2 million
Ferrous scrapIndia82.5%over 75%United Arab Emirates · 6.2%$2 million
Turbojets and gas turbinesGermany54.3%Ethiopia · 39.5%$2 million
BananasSouth Africa100%over 75%United Arab Emirates · 0%$2 million
Dishwashers and packing machinesSouth Africa98.6%over 75%United States · 0.46%$2 million
CarsEstonia97.1%over 75%Italy · 2%$2 million

and 6 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
106Yemen1,297
107Palau1,291
108Seychelles1,280
109Fiji1,259
110El Salvador1,251
111Trinidad and Tobago1,250

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.