Stable, with slight increase due to infrastructure projects in Yemen.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or humanitarian aid programs, subject to documentation and approval.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Yemen Trade Challenges Amid Conflict
Ongoing conflict in Yemen continues to disrupt trade routes, affecting the export of goods with HS Code specifications (maximum cross-sectional dimension exceeds 7 mm) to the United States. Limited port access and security concerns have delayed shipments.
2023-10-15
Impact: Significant delays and increased costs for US importers due to logistical challenges and heightened risk in the region.
US Importers Seek Alternative Suppliers for HS Code Items
Due to instability in Yemen, US companies importing products under the specified HS Code (maximum cross-sectional dimension exceeds 7 mm) are exploring alternative suppliers in neighboring regions to ensure supply chain continuity.
2023-09-20
Impact: Potential reduction in trade volume with Yemen as US businesses diversify sourcing to mitigate risks.
Yemen Export Restrictions Impact US Markets
Recent restrictions on exports from Yemen, including items with a maximum cross-sectional dimension exceeding 7 mm (HS Code), have led to a shortage of specific industrial components in the US market.
2023-08-05
Impact: Short-term supply shortages and price increases for affected goods in the US due to reduced imports from Yemen.
Policy Updates
US Sanctions Update on Yemen Trade
The US government has updated sanctions on certain Yemeni entities, indirectly affecting the trade of goods under specific HS Codes, including those with a maximum cross-sectional dimension exceeding 7 mm. Exporters must comply with new licensing requirements.
Date: 2023-09-10
Yemen Export Control Measures Tightened
Yemeni authorities have introduced stricter export controls on industrial goods, including items with a cross-sectional dimension exceeding 7 mm, requiring additional documentation for shipments to the US.
