Overview In 2019 Yemen was the number 110 economy in the world in terms of GDP (current US$), the number 146 in total exports, the number 93 in total imports,
the number 173 economy in terms of GDP per capita (current US$) and the number 132 most complex economy according to the Economic Complexity Index (ECI).
In 2019, Yemen exported a total of $1.45B, making it the number 146 exporter in the world. During the last five reported years the exports of Yemen have changed by -$5.06B from $6.51B in 2014 to $1.45B in 2019.
In 2019 Yemen imported $11.4B, making it the number 93 trade destination in the world. During the last five reported years the imports of Yemen changed by -$3.29B from $14.7B in 2014 to $11.4B in 2019.
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).
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 it is currently specialized 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 and the strategic value of a country's potential export oppotunities.
Relatedness is a 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 emissions.
During the last 20 years Yemen's economy has become relatively less complex, moving from the 93rd to the 132nd position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.