Canned tuna-Exports up by 6% |11 April 2007

This information is carried in the latest Statistical Bulletin which was released by the National Statistics Bureau recently.

The exports of fresh and frozen fish, however, decreased from R16.0m in 2005 to R14.4m in 2006, representing a decrease of 10%, the report says.

“There was also a 22% decrease in the value of exports of crustaceans from
R32.2m in 2005 to R25.3m in 2006,” it says.

The value of exports of medicaments and medical appliances decreased from R96.6m in the 12 months of 2005 to R80.3m in 2006, representing a decrease of 17%. Other exports brought in R6.4m in 2006, representing a 50% decrease compared to 2005.

The bulletin also says that the value of re-exports for 2006 stood at R914.7m, representing a 30% increase compared to 2005. Of this, R889.8m were re-exports of petroleum products to ships and aircraft. This figure was 31% higher than for the same period of 2005.

Other re-exports were valued at R9m, representing an increase of 34% compared to 2005.
During the same year, the total imports from January to December 2006 were valued at R4,180.5m, an increase of 13% compared to 2005. These figures include imports made by or on behalf of foreign governments and equipment and commodity aid given to Seychelles by various donors.

Comparing the figure for 2006 to that of 2005, the total value of domestic exports increased from R1,164.7m to R1,185.7m reflecting an increase of 2%. An increase of 30% was recorded in the value of re-exports, from R703.9m in 2005 to R914.7m in 2006. The net effect for 2006 was a trade deficit valued at R2,080.2m or a 13% increase compared to 2005.