Houthis: Yemeni ports lower imports cause US$800 mln losses

Hodeida (Debriefer)
2020-03-28 | Since 3 Month

Hodeida port

Goods imports and ships have declined to lowest levels following the 5-year blockade imposed by the Saudi-led coalition, the Houthi-run Yemeni Red Sea ports corporation (RSPC) said Saturday.

Ships of different imports have decreased from 794 ships in 2014 to the lowest level of 191 in 2018, the Hodeida-based corporation added, according to the Houthi-run al-Masyra TV.

Goods imports have shrunk from 6,640,000 tons in 2014 to 3.5 million tons, and fuel imports have halved during years of blockade, it said.

75 percent of export activity has stopped, from 227,000 tons to 59,000 tons, according to the RSPC.

"The corporation's losses, caused by the blockade and aggression, amount to more than US$ 800 million," RSPC's chairman claimed.

"The stated losses are of the corporation alone, and don't include their connection to the national economy, private sector and labor flow," Mohamed Isaac added.


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