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FINANCIAL NEWS
Yemen to post 11.7% drop in grain imports
05 Dec 2010
(MENAFN) Yemen’s Directorate General for Trade and Agricultural Marketing issued a report showing that the country’s grain imports are expected to decline 11.7 percent in 2010, further straining the country’s food production, which has already been hit by shrinking harvests and low groundwater, Reuters reported.
According to the report, during 2010, the country’s imports are forecasted to drop by 441,000 metric tons to 3,321,000 metric tons, compared with 3,762,000 metric tons year on year.
The report also expects the value of grain imported in 2010 to be around $1.1 billion, down $23.3 million from a year earlier.
Yemen in particular has been suffering from an increasingly dry climate and a booming population, with harvests shrinking as rainfall declines and groundwater dries up. Farmers, which make up 70 percent of the population, can no longer subsist on their own crops.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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