0
Crude petroleum qualifies as the most valuable commodity for both Venezuela and Mexico. However, its quantity and percentage vs. total exports is quite different among both countries: while oil represents 76% of all Venezuelan exports (US$47.8 billion), for Mexico it only represents a small amount of 9.2% (US$37 billion).
Lyla Erdman
Wiki User
∙ 7y agoCrude petroleum qualifies as the most valuable commodity for both Venezuela and Mexico. However, its quantity and percentage vs. total exports is quite different among both countries: while oil represents 76% of all Venezuelan exports (US$47.8 billion), for Mexico it only represents a small amount of 9.2% (US$37 billion).
Wiki User
∙ 8y agoOil qualifies as such. However, while oil accounts for 11% of Mexico's exports, Venezuela's reliance on oil exports account for 89% of total exports.
Add your answer:
Earn +20 pts
What resource does Mexico Ecuador and Venezuela have in common?
Oil (petroleum)
What is the major export Venezuela?
Crude oil.
Does Venezuela export oil?
go away
What was the capital of Canada Venezuela and Mexico?
Canada: Ottawa Venezuela: Caracas Mexico: Mexico City
What are the countries in Caribbean South America are export oil?
The countries that export oil are Venezuela and Colombia!
Major Exports of Venezuela?
i am venezuelan s largest export...
What do Mexico and Venezuela?
Oil is the answer.
What Venezuela economy?
Venezuela's economy is okay cuz they import and export things that are important like gas, oil, fuel,....
What is Venezuela's economy?
Venezuela's economy is okay cuz they import and export things that are important like gas, oil, fuel,....
What kind of imports does Venezuela have?
Venezuela imports raw materials, machinery and equipment, transport equipment, construction material.
Which resource is most abundant in the latin America north of the equator?
Oil (Ecuador, Colombia, Venezuela, Mexico) and Silver (Mexico)
Can you export gold out of Mexico?
No
