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.
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).
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.
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.
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.
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.