[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · YEM · 2024
Former Arab Republic of Yemen trade profile
In 2024, Former Arab Republic of Yemen recorded $1.2B in merchandise exports and $10.6B in imports, producing a $9.4B trade deficit. Exports changed +19.6% from the previous year, while imports changed -13.7%.[1]
Exports
$1.2B
+19.6%
Imports
$10.6B
-13.7%
Trade balance
-$9.4B
deficit
Active partners
1080
0 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$502.5M
HS 71 · Precious metals and stones
24 active HS6 lines · 17 export partners
2$200.5M
HS 03 · HS chapter
76 active HS6 lines · 45 export partners
3$101.8M
HS 72 · HS chapter
139 active HS6 lines · 9 export partners
4$70.6M
HS 08 · HS chapter
64 active HS6 lines · 18 export partners
5$56.3M
HS 85 · Electrical machinery
253 active HS6 lines · 37 export partners
6$46.3M
HS 07 · HS chapter
53 active HS6 lines · 17 export partners
7$43.4M
HS 74 · HS chapter
42 active HS6 lines · 8 export partners
8$34.3M
HS 76 · HS chapter
34 active HS6 lines · 11 export partners
Leading export markets
Destinations rank bilateral export flows from Former Arab Republic of Yemen; growth describes each corridor rather than the whole economy.
1$521.0M
United Arab Emirates
Annual change +84.6% · 3-year CAGR 89.7%
2$177.7M
India
Annual change -8.5% · 3-year CAGR 23.9%
3$162.4M
Saudi Arabia
Annual change -0.9% · 3-year CAGR -8.4%
4$84.3M
Oman
Annual change +23.4% · 3-year CAGR -19.5%
5$50.4M
Egypt
Annual change +46.3% · 3-year CAGR 2.0%
6$43.9M
Malaysia
Annual change -9.3% · 3-year CAGR 23.0%
7$33.7M
South Korea
Annual change +1.5% · 3-year CAGR -8.5%
8$18.2M
China
Annual change +18.4% · 3-year CAGR -65.7%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.