Yemen - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Yemen was 11.55 as of 2020. Its highest value over the past 30 years was 93.75 in 1990, while its lowest value was 2.42 in 2017.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1990 93.75
1991 91.76
1992 87.46
1993 70.42
1994 78.22
1995 47.41
1996 43.42
1997 43.17
1998 44.31
1999 35.79
2000 37.02
2001 37.79
2002 36.30
2003 26.90
2004 22.86
2005 33.37
2006 32.09
2007 34.75
2008 27.99
2009 26.10
2010 33.24
2011 29.92
2012 19.90
2013 39.41
2014 35.42
2015 41.07
2016 5.23
2017 2.42
2018 3.25
2019 10.62
2020 11.55

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports