Foreign Trade

Yemen's trade exchange with the outside world varies annually depending on the variables taking place every year on both exports and imports and generally the average annual value of exports of Yemen reached (794) billion riyals during the period 2001-2006 oil exports constitute more than 90% of the total exports of Yemen followed by fish and agricultural crops. The average annual value of Yemeni imports during the same period was (719) billion riyals with food imports and transportation vehicles come first on the list of imports Yemen. One of the most important exporting countries to the Republic of Yemen are : Emirates- Saudi Arabia- China Kuwait - United States of America. One of the main importing countries of the Republic of Yemen are : China - India Singapore - South Korea. The most important commodities exported are : fish oil - crops, as for the imported goods, the most important ones are : foodstuffs, and transportation vehicles of chemicals and pharmaceuticals.

A table showing exports, imports and trade balance - (million riyals)

Item

2001

2002

2003

2004

2005

2006

Exports

569007

585946

684908

753596

1040658

1270866

Imports

415899

513026

674128

736533

931599

1043119

Balance

153108

72920

10779

17063

142950

273078