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 Omanand 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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Yearly Exports

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

Top Destination (2020): China, $597M

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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Yearly Imports

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Top Import (2020): Wheat, $674M

Top Origin (2020): China, $2.88B

In 2020 Yemen imported $10.5B, making it the number 96 trade destination in the world. During the last five reported years the imports of Yemen changed by $1.58B from $8.91B in 2015 to $10.5B in 2020.

The most recent imports of Yemen are led by Wheat ($674M), Rice ($395M), Raw Iron Bars ($363M), Cars ($354M), and Raw Sugar ($342M). The most common import partners for Yemen are China ($2.88B), United Arab Emirates ($1.18B), Saudi Arabia ($1.07B), Turkey ($835M), and India ($791M).

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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).

Tariffs by Product

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The top product import tariffs by their MFN Ad Valorem value for Yemen are Almonds in shell fresh or dried (25%)and Almonds,fresh or dried, shelled (25%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

*The tariffs applied to imports for Yemen are:
136: Most Favoured Nation duty rate treatement
313: Preferential tariff for the League of Arab States

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.

Most Complex Products by PCI

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The highest complexity exports of Yemen according to the product complexity index (PCI) are Lathes for removing metal (1.68), Articles of stone or other mineral substances, nes (0.85), Stoves, ranges/barbecues,etc, non-electric, iron/steel (0.36), Ceramic articles, nes (0.21), and Colouring matter of vegetable or animal origin (0.082). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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.

Economic Complexity Ranking

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During the last 19 years Yemen's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨91st to the 119th⁩ 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.

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