Petroleum accounts for about 91% of the country's exports. Oil export revenues were estimated at $1.4 billion in 1998. Other exports in recent years have included coffee and dried and salted fish; imports included food and live animals, machinery and equipment, and manufactured goods.
In 1998 Yemen's imports were distributed among the following categories:
Consumer goods | 10.8% |
Food | 29.4% |
Fuels | 6.4% |
Industrial supplies | 27.8% |
Machinery | 16.6% |
Transportation | 8.4% |
Other | 0.6% |
Principal trading partners in 1999 (in millions of US dollars) were as follows:
COUNTRY | EXPORTS | IMPORTS | BALANCE |
China (inc. Hong Kong) | 731 | 62 | 669 |
Thailand | 646 | 39 | 607 |
Korea | 347 | 29 | 318 |
Singapore | 207 | 71 | 136 |
India | 179 | 55 | 124 |
Kuwait | 53 | 120 | -67 |
Saudi Arabia | 45 | 246 | -201 |
United Arab Emirates | 18 | 256 | -238 |
United States | 16 | 125 | -109 |
United Kingdom | 5 | 87 | -82 |
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