US$ 48.84mn
bilateral trade value for FY 2021-22

US$ 217.2mn

FDI inflows from April 2000 to March 2021

7%
Population of Seychelles is Indians

Economy

The nation offers investment opportunities in Blue Economy, ICT, Tourism, Energy, Real Estate and Agriculture

Location

Located in the Indian Ocean, Seychelles has excellent air and sea connectivity to the Middle East, Europe, Africa and Asia.

Renewable Energy

India has signed MoU on Renewable Energy Cooperation in 2015

Shipping and Oceanography

MoU for Cooperation in Hydrography and Blue economy have been signed

Civil Aviation

Agreements were signed on bilateral air services and direct air connectivity has boosted bilateral trade and investment

Tourism

24% jump in tourist traffic to Seychelles from India in 2017

Agriculture

Both countries have signed cooperation agreements to boost agriculture

India's Exports and Imports to Seychelles

Values in US $ Millions

Country / Region:  SEYCHELLES

S.No. \Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
1. EXPORT 42.06 84.49 66.64 55.08 44.92
2. %Growth 100.86 -21.12 -17.35 -18.45
3. India’s Total Export 303,526.16 330,078.09 313,361.04 291,808.48 422,004.40
4. %Growth 8.75 -5.06 -6.88 44.62
5. %Share 0.01 0.03 0.02 0.02 0.01
6. IMPORT 1.37 5.27 4.71 3.64 3.92
7. %Growth 284.79 -10.74 -22.69 7.68
8. India’s Total Import 465,580.99 514,078.42 474,709.28 394,435.88 613,052.05
9. %Growth 10.42 -7.66 -16.91 55.43
10. %Share 0.00 0.00 0.00 0.00 0.00
11. TOTAL TRADE 43.43 89.76 71.35 58.72 48.84
12. %Growth 106.66 -20.51 -17.70 -16.83
13. India’s Total Trade 769,107.15 844,156.51 788,070.32 686,244.36 1,035,056.45
14. %Growth 9.76 -6.64 -12.92 50.83
15. %Share 0.01 0.01 0.01 0.01 0.00
16. TRADE BALANCE 40.69 79.21 61.94 51.44 41.00
17. India’s Trade Balance -162,054.83 -184,000.33 -161,348.24 -102,627.40 -191,047.65

Agricultural & Processed Food Products Export Development Authority

(+91) 11 2651 3204, 2651 3219,

Visit Website

3rd Floor, NCUI Building, 3 Siri Institutional Area, August Kranti Marg, (Opp. Asiad Village), New Delhi - 110 016, India

Seychelles Chamber of Commerce & Industry

(+248) 432 3812

Visit Website

Seychelles Chamber Of Commerce & Industry H.I.S House, Providence Industrial Estate, Mahe, Seychelles

Federation of Indian Chambersof Commerce & Industry

(+91) 11 2373 8760 / 61 / 62 / ... / 70

Visit Website

FICCI Federation House, Tansen Marg, New Delhi, 110001

High Commission of India, Victoria, Seychellles

hoc.mahe@meadata:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7.gov.in

(+248) 467 4100

Visit Website

Commercial Representative

(+248) 467 4125, 280 3770

Visit Website

Second Secretary (Pol/PIC) & Commerce

Commercial Representative

(+248) 467 4114, 281 2888

Visit Website

Attache (PIC)

Opportunities

Agricultural exports

    Beer made from malt (220300)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Whiskies (220830)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)

    agriexchange.apeda.gov.in

    Cuts & edible offal of species Gallus domesticus, frozen (020714)
    Meat of bovine animals, frozen, boneless (020230)

    agriexchange.apeda.gov.in

    Sweet biscuits (190531)

    agriexchange.apeda.gov.in

    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)

    agriexchange.apeda.gov.in

    Cheese (excl. of 0406.10-0406.40) (040690)
    Milk in powder/granules/oth. solid form, sweetened, fat content by wt. >1.5 … (040229)

    agriexchange.apeda.gov.in
Minerals

    Production – 167,000 tonnes (Granite, Crusher Dust)

    USGS

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Seychelles
  • Nuts
  • Ferrous waste
  • Scrap
India's top export to Seychelles
  • Food items such as rice, maize, meat and miscellaneous food products
  • Cement (Portland cement, aluminous cement, slag cement, supersulphate cement etc.)
  • Wall tiles, glazed ceramic tiles
  • Medicines, instruments and appliances for medical, surgical & dental use
  • Hardware items, insulated cables, wires
  • Electrical conductors with or without connectors
  • Optical fibre cables
  • Tubes, plumbing and pipe fittings (couplings, elbows, sleeves etc.) of iron or steel
  • Plywood, veneered panels and similar laminated wood
  • Linen and cotton
  • Vehicles and associated transport equipments

Bilateral Investors

Country News

Building Global Partnerships to Fight Coronavirus

September 30, 2020

Ever since its inception, India has always acted as a …

Read More

Building a robust defence industrial base

February 15, 2020

In an effort to encourage foreign companies to set up …

Read More

India’s defence export market spans +40 nations

February 10, 2020

Driven by increasing innovation, R&D and manufacturing capabilities as well …

Read More