Yemen

In 2013, the value of merchandise exports of Yemen increased slightly by 1.0 percent to reach 7.1 bln US$, while its merchandise imports increased substantially by 17.9 percent to reach 13.3 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 6.1 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Western Asia at -3.2 bln US$ (see graph 4). Merchandise exports in Yemen were diversified amongst partners; imports were also diversified. The top 9 partners accounted for 80 percent or more of exports and 17 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Yemen increased substantially by 24.4 percent, reaching 1.6 bln US$, while its imports of services increased moderately by 8.1 percent and reached 2.3 bln US$ (see graph 2). There was a moderate trade in services deficit of 764.2 mln US$.

Related Subject(s): International Trade and Finance

Countries: Yemen