Yemen - Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Yemen was 36.39 as of 2020. Its highest value over the past 30 years was 78.18 in 2012, while its lowest value was 1.52 in 1991.

Definition: Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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 4.42
1991 1.52
1992 8.34
1993 25.65
1994 13.81
1995 45.09
1996 54.76
1997 56.45
1998 51.60
1999 61.99
2000 59.44
2001 56.80
2002 62.54
2003 71.57
2004 75.31
2005 64.93
2006 66.25
2007 62.80
2008 70.08
2009 72.38
2010 65.05
2011 67.75
2012 78.18
2013 58.23
2014 59.07
2015 45.80
2016 72.34
2017 74.52
2018 65.40
2019 35.04
2020 36.39

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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