9 since the 1970s) in the Seychelles have failed to find commercial hydrocarbons. The most recent wildcat by Enterprise Oil in 1995 detected gas but failed to find hydrocarbons. Several oil and gas exploration companies are active in the Seychelles offshore. These include East African Exploration (EAX) (a subsidiary of Afren), Avana Petroleum (a subsidiary of Vanoil Energy) and WHL Energy. Beginning at the turn of the millennium the Seychelles Petroleum Company (SEPEC) started to develop the first fleet of modern petroleum double-hull tankers, with five vessels, which was completed by late 2007/early 2008 with the possibility to build more in the near future. The Seychelles President claims that this has opened the door to a new industry for his country and encouraged economic growth by further removing over-reliance on traditional trades like fisheries and tourism, which is now falling rapidly as the country's main income but nevertheless, has experienced significant growth in recent years. The country has also increased its capacity for wind power, with windfarms on Romainville Island. Economic statistics GDP: official exchange rate - $1.498 billion (2017) purchasing power parity - $2.75 billion (2017) GDP - real growth rate: +5.3% (2017 est.) 0.8% (2016) GDP - per capita: purchasing power parity - $29,300 (2017) GDP - composition by sector: agriculture: 2.5% (2017 est.) industry: 13.8% (2017 est.) services: 83.7% (2017 est.) Inflation rate (consumer prices): 2.9% (2017 est.) -1% (2016 est.) Labor force: 47,210 (2017 est.) Labor force - by occupation: services: 74%, industry: 23%, agriculture: 3% (2006) Unemployment rate: 3% (2017 est.) Budget: revenues: $593.4 million (2017 est.) expenditures: $600.7 million (2017 est.) Industries: fishing, tourism, processing of coconuts and vanilla, coir (coconut fiber) rope, boat building, printing, furniture; beverages Industrial production growth rate: 2.3% (2017 est.) Agriculture - products: coconuts, cinnamon, vanilla, sweet potatoes, cassava (tapioca), bananas; poultry; tuna Exports: $564.8 million (2017 est.) Exports - commodities: canned tuna, frozen fish, petroleum products (re-exports) , the main export products are processed fish (60%) and non-fillet frozen fish (22%). Exports - partners: UAE 28.5%, France 24%, UK 13.5%, Italy 8.9%, Germany 4.6% (2017) UK 27.6%, France 15.8%, Spain 12.7%, Japan 8.6%, Italy 7.5%, Germany 5.6% (2004) Imports: $1.155 billion (2017 est.) $991 million (2016 est.) Imports - commodities: machinery and equipment, foodstuffs, petroleum products, chemicals, other manufactured goods Imports - partners: UAE 13.4%, France 9.4%, Spain 5.7%, South Africa 5% (2017) Debt - external: $2.559 billion