Overview In 2020 Yemen was the number 148 economy in the world in terms of total exports and the number 96 in total imports.

Exports The top exports of Yemen are Crude Petroleum ($682M), Gold ($114M), Non-fillet Frozen Fish ($58.1M), Non-fillet Fresh Fish ($49.4M), and Industrial Fatty Acids, Oils and Alcohols ($31.6M), exporting mostly to China ($597M), Saudi Arabia ($174M), United Arab Emirates ($125M), Malaysia ($61.5M), and Thailand ($43.2M).

Imports The top imports of Yemen are Wheat ($674M), Rice ($395M), Raw Iron Bars ($363M), Cars ($354M), and Raw Sugar ($342M), importing mostly from China ($2.88B), United Arab Emirates ($1.18B), Saudi Arabia ($1.07B), Turkey ($835M), and India ($791M).

Location Yemen borders Oman and Saudi Arabia by land and Djibouti, Eritrea, and Somalia by sea.

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The following section uses the most recent trade data from partners of Yemen.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Crude Petroleum, $682M

Top Destination (2020): China, $2.88B

In 2020, Yemen exported a total of $1.26B, making it the number 148 exporter in the world. During the last five reported years the exports of Yemen have changed by -$822M from $2.08B in 2015 to $1.26B in 2020.

The most recent exports are led by Crude Petroleum ($682M), Gold ($114M), Non-fillet Frozen Fish ($58.1M), Non-fillet Fresh Fish ($49.4M), and Industrial Fatty Acids, Oils and Alcohols ($31.6M). The most common destination for the exports of Yemen are China ($597M), Saudi Arabia ($174M), United Arab Emirates ($125M), Malaysia ($61.5M), and Thailand ($43.2M).

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Yemen Exports Services (2015): $255M

Yemen Imports Services (2015): $1.18B

In 2015, Yemen exported $255M worth of services. The top services exported by Yemen in 2015 were Government services, n.i.e. ($166M), Air transport ($44.8M), Sea transport ($41.7M), and Other business services ($2.78M).

The top services imported by Yemen in 2015 were Sea transport ($714M), Miscellaneous business, professional, and technical services ($205M), Insurance services ($143M), Air transport ($30.7M), and Financial services ($28.7M).

Economic Complexity

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Most Specialized Products by RCA Index

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Yemen has a high level of specialization in Honey (99.2), Bran (95.8), Other Vegetable Products (51), Molluscs (45.5), and Onions (42.5). Specialization is measured using RCA, an index that takes the ratio between Yemen observed and expected exports in each product.

Export Opportunities by Relatedness

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The top export opportunities for Yemen according to the relatedness index, are Cocoa Beans (0.11), Fish Fillets (0.097), Raw Sugar (0.095), Raw Cotton (0.094), and Palm Oil (0.093). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Yemen is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Yemen. These are products that tend to be co-exported with the products that Yemen exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.