focus africa
Focus : Africa
Helping Indian companies do business with Africa
INDIA
INDIA
Africa
AFRICA
INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.
AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc.

Top 20 product groups imported by select African countries ............. [More].
Seychelles
Country's Overview
 
 
 
 

 
geography

GEOGRAPHY

Seychelles is located in archipelago in the Indian Ocean, northeast of Madagascar. Area of 455 sq Km and a coastline of 491 km. Victoria is the capital city while other prominent cities are Anse Boileau, Anse Royale, Cascade, Takamaka.

Climate:tropical marine, humid, cooler season during southeast monsoon (late May to September), warmer season during northwest monsoon (March to May).

Political Structure:The previous election was in 2004 when Seychelles People’s Progressive (FPPS) political party came into power.

Source: Wikipedia

 
   
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POPULATION

 

88,340 (July 2010 est.)

Ethnic group:mixed French, African, Indian, Chinese, and Arab.

Religion: Roman Catholic 82.3%, Anglican 6.4%, Seventh Day Adventist 1.1%, other Christian 3.4%, Hindu 2.1%, Muslim 1.1%, other non-Christian 1.5%, unspecified 1.5%, none 0.6% (2002 census)

Language: Creole 91.8%, English 4.9% (official), other 3.1%, unspecified 0.2% (2002 census).

 

 
   
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GDP (PPP)

 

$1.843 billion (2008 est.)

The CAGR of GDP for 3 years (2006 – 2008) is 3.5%.The GDP growth rates for year 2006 and 2007 are 7% and 8.3% respectively.

Source: CIA, Wikipedia

 

 

 

 
   
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TRADE(EXPORT & IMPORT)

All values in USD Billion

Seychelles

Year 2004

Year 2005

Year 2006

Year 2008

Growth from 2006 -2008

CAGR over 5years

Imports

0.50

0.67

0.76

0.91

20.39

16.41

Exports

0.29

0.34

0.38

0.25

-35.29

-4.11

Total Trade

0.79

1.01

1.14

1.16

1.79

10.12

Total Trade as a % of GDP

70.67

67.06

-5.11

Source: UN Database

 

Major ports : Victoria
   
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SECTOR BREAKUP

 

Agriculture 2.9%, Industry 30.87%, Services 66.2%
   
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ECONOMY SNAPSHOTS

 

 

Revenue USD 288.7 million Expenditure USD USD 267.9 Million

Public Debt as a % of GDP is

82.4% Inflation

37 %(2008)

Investment as a part of GDP is

28.3%