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What Do You Think Mexico S Most Important Resource If It Didn't Have Oil?
Wiki User
∙ 7y ago
In terms of volume, silver would qualify as such. In terms of value however, gold has generated more income than silver.
Se related questions for further explanation.
Nowadays, there are many other valuable Natural Resources besides oil:
Mexico is ranked in the top 5 producers of silver (13% of world production), bismuth (20% of the world's total), celestite (7% of world output) and fluorspar (18% of world output); sixth in molybdenum; among the top 10 in barite, bentonite, arsenic, diatomite, graphite, cadmium, gypsum, mine lead, manganese ore, salt, sulfur, and mine zinc; and in the top 15 in mine copper, cement, gold, and crude steel (second largest producer in Latin America).
Wiki User
∙ 10y ago
Wiki User
∙ 7y agoGold is the second most important resource, providing US$ 4.29 billion (2013) in exports.
However, unlike most of Latin America, Mexico exports more manufactured goods than natural resources: the largest export would be motor vehicles and parts, worth US$ 87.01 billion, or 22% of all exports.
Wiki User
∙ 11y agoSilver is such natural resource. Mexico has competed with Peru for the position as the largest silver producer in the world (13% of world's production) since almost 500 years ago.
There are however, many other important and valuable natural resources in Mexico. Please see related questions for further explanation.
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