Yemen (Republic of Yemen) Import and Export

by


 

FOREIGN TRADE
The country has experienced a Balance Of Deficit over the years.

Major Exportable commodities in the country are cotton, coffee and crude oil.

Its exports partners are India, China, Thailand and Malaysia.

Important importable commodities in the country are manufacturing goods and machines. Its partners are UAE, China, US, Kuwait and France.

The following diagram shows the levels of Exports and Imports of goods and services of the country over the years.
 

Yemen Export Import

The overall trade scenario in the country is as follows:

Foreign Trade 2000 2003 2004 Merchandise trade (% of GDP) 67.8 67.3 65.0 Net barter terms of trade (2000 = 100) .. 97.2 117.5 Foreign direct investment, net inflows (BoP, current US$) 6.0 million -89,000,000.0 143.6 million Long-term debt (DOD, current US$) 4.1 billion 4.7 billion 4.8 billion Exports of goods and services (% of GDP) 42.5 30.7 25.3 Imports of goods and services (% of GDP) 34.9 35.4 33.7

 

CONCLUSION

Yemen joined World Bank in the year 1969. Since then the bank has stepped forward for fostering economic growth and reducing poverty in the country. The World Bank also started its Country Assistance Strategy for Yemen in 2002.