Exports in Yemen

Yemen Exports | Economic News & Forecasts

Yemen - Exports

The economy may be improving somewhat after having hit rock bottom last year. The UN’s nationwide two-month truce that started in early April with the holy month of Ramadan has allowed 18 oil tankers access to the Hodeidah port, and two weekly commercial flights can now land in to Sana’a airport. A few days later, the president of the internationally recognized government handed over power to a transitional council which includes figures from a wider range of non-Houthi factions. Additionally, Saudi Arabia and the UAE pledged USD 3 billion to help with the transition. This political shift could pave the ground for talks with the Houthis. Meanwhile, on 16 April the UN released USD 20 million of food aid, but food insecurity is still acute. In other news, a USD 80 million fundraiser will be held on 11 May to help unload the 1.1 million oil barrels held in the oil tanker moored off the Red Sea coast.

Yemen - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)0.5  0.4  0.9  0.4  0.5  

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Yemen Exports Chart

Yemen Exports
Note: Exports (USD billion)
Source: Central Bank of Yemen.

Yemen Facts

Value Change Date
Exchange Rate250.40.0 %Dec 31
Stock Market0.60.0 %Dec 31

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