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Trade and economic cooperation between Ukraine and the Republic of Yemen
14 January 2024 18:00

According to Ukrainian statistics, during 9 months of 2023 trade turnover in goods between Ukraine and the Republic of Yemen amounted to USD 36,214 million. Ukrainian exports totaled USD 36,206 million, imports from Yemen made up USD 0,8 million. Trade balance was USD 36,198 million in favour of Ukraine.

Ukrainian exports consisted of cereals - USD 24.43 million, sugar and sugar confectionery - USD 4.7 million, cocoa and its products - USD 2.1 million, ready-made products from grains - USD 1.5 million, pharmaceutical products - USD 1.3 million, fats and oils of animal or vegetable origin - USD 1.2 million and others.

The bulk of Yemeni imports to Ukraine was formed by fish and crustaceans - USD 0.49 million, coffee, tea - USD 0.31 million .

It should be noted that in the context of the acute humanitarian crisis, the reduction of the grain harvest and food security of the European Union in recent years has significantly increased the import of Ukrainian grain (the basis of domestic exports). It is projected that this trend will continue.

In recent years, the upward trend in exports of fats and oils of animal or vegetable origin, sugar, confectionery, cocoa and cocoa products to Yemen persisted.

The Ukrainian side is ready to continue to join the food security of Yemen and the implementation of plans for its post-war reconstruction (in the fields of infrastructure and electricity), the provision of educational services to students from Yemen in higher education institutions of Ukraine.

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