Home / Knowledge / News / Textiles / Increasing navigation activity leads to boost in exports
Increasing navigation activity leads to boost in exports
04
Feb '08
Yemen, a Middle Eastern country has seen a huge increase in its export earning last year. Their exports via the Aden seaport and airport reached approximately YER 27.8 billion in 2007 compared to 2.8 billion in 2006.

Experts believe that better infrastructure and rising navigation activity at the Aden sea and air terminals are responsible for country's export growth.

The items which are mainly exported include cotton and perfumes. The revenue of the custom office last year was YER 15.7 billion, showing a growth of 5 percent in comparison to 2006.

In the year 2006, the country earned the export of US $7.2 billion through crude petroleum and other products. The major markets included China, Thailand, India, South Korea, United States, and Switzerland.

On the other hand, Yemen imported petroleum related products and machinery goods worth $5 billion, during the same period. Major suppliers to the country were United Arab Emirates, China, Saudi Arabia, Switzerland and Kuwait.

To enhance country's position in the international market, an amount of $4.7 billion was raised during 2006, that is to be utilized between 2007 and 2010 for Yemen's development.

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search