Yemen Balance of Trade2022 Data - 2023 Forecast - 1970-2021 Historical - Chart

Name: Yemen Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Yemen,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Yemen recorded a trade deficit of 8693.91 USD Million in 2019. source: Central Bank of Yemen

Balance of Trade in Yemen averaged -1462.22 USD Million from 1970 until 2019, reaching an all time high of 1700.30 USD Million in 2005 and a record low of -9556.45 USD Million in 2014. This page provides - Yemen Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Yemen Balance of Trade - values, historical data and charts - was last updated on July of 2022.

Balance of Trade in Yemen is expected to reach -9228.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Yemen Balance of Trade is projected to trend around -9228.00 USD Million in 2022 and -7478.00 USD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-8693.91	-7409.45	USD Million	Dec 2019
Current Account	-900.00	-500.00	USD Million	Dec 2019
Current Account to GDP	-0.01	-0.10	percent of GDP	Dec 2018
Foreign Direct Investment	-561.00	-1191.00	USD Million	Dec 2016
Capital Flows	-14.00	962.50	USD Million	Dec 2013

Yemen Balance of Trade

Oil accounts for around 85 percent of Yemen's exports. Other exports include fish, naphthalene, cigarettes, fruits, soap and animal hides. Yemen mostly imports fuels, wheat and corn, rice, meat, pharmaceutical products, sugar and vehicles. Yemen's main trading partners are China, India, the United Arab Emirates, Thailand, Saudi Arabia, the United States, the United States and Switzerland.