According to resources, the total export to Seychelles from India reached an estimated revenue of more than $50 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
| Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
| India Export to Seychelles | 55M | 32M |
| India Import from Seychelles | 4M | 3M |
| Total Trade | 59M | 35M |
Cereals, Mineral Fuels and Electrical Equipment are the major exported products from India to Seychelles at the present moment.
The E-commerce market in Seychelles reached $29 Million and expected to reach more than $49 Million by 2025 with a 19% growth rate.
The main reason behind this development is the Internet penetration rate in Seychelles which has reached 58% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Seychelles market whether through offline channels or online selling platforms & marketplaces in Seychelles.
Useful resources