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Home >  Yemen >  Economy and Business > Economy

Yemen Economy

Industrial and agricultural aspects of the country throw light on the Economy of Yemen. Yemen has few mineral industries that are contributing a lot in the Yemen Economy with its little amount of accumulated profit. On the other hand, the mountainous region is offering favorable condition for the agricultural growth.

The primary agricultural products in Yemen include fruits, grain, cotton, coffee, vegetables and khat. However, for satisfying the basic requirements, Yemen has to depend on other countries too. It is said that terraced agriculture was practiced in the ancient times. However, even now, this method is in practice.

Besides cultivating the agricultural products, Yemen also gives stress on manufacturing and food processing. Some of the industries that are growing very fast in the country of Yemen include, petroleum refining industry, cotton textiles industry and leather good industry. Besides these, food processing, cement, crude oil and handicrafts industry are also developing very fast.

Apart from this, the nation has acquired international fame through the production and refining of petroleum. There is no doubt in the fact that the oil export has accumulated a huge amount of profit and has contributed in the economic growth from late 1980s. Not only oil, coffee and dried fish are also exported to the foreign countries.





Yemen
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