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 144 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).
During the last 20 years Yemen's economy has become relatively less complex, moving from the 129th to the 144th 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.
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.
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.