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Yemen

Yemen profile

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(Last updated: 16 Jun 2009)


Current business situation

The Department of Foreign Affairs and Trade (DFAT) provides advice for business travellers and tourists going to Yemen. This is regularly updated, and should be checked before planning travel.

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Country facts

Capital city: Sana’a
Surface area: 528,000 sq km
Population: 23 million
Official language(s): Arabic
Head of State: President  HE General Ali Abdullah Saleh
Head of Government: Prime Minister HE Dr Ali Mohammad Mujwar
Australian exports to Yemen: A$176 million
Australian imports from Yemen: A$1 million
Yemen's principal export destinations: China, Thailand, India
Yemen's principal import sources: UAE, Saudi Arabia, China
(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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Economic climate

Key economic indicators and statistics for 2008:

  • GDP - US$27.2 billion
  • GDP per capita - US$1,211
  • Real GDP growth - 7.7 per cent
  • Inflation - 12 per cent

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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Trade relations and statistics

Major Australian exports to Yemen (2008):

  • Milk and cream – A$28 million
  • Wheat – A$23 million
  • Vegetables – A$5 million
  • Cheese and curd – A$3 million

Major Australian imports from Yemen (2008):

  • Goods vehicles – A$0.5 million

(Source: Department of Foreign Affairs and Trade – Country economic fact sheet)

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OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the ANCP website.

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Disclaimer

Austrade makes no warranty, express or implied as to the fitness for a particular purpose, or assumes any legal liability for the accuracy or usefulness of any information contained in this document. Any consequential loss or damage suffered as a result of reliance on this information is the sole responsibility of the user.