0
What else can I help you with?
What is the major export Venezuela?
Crude oil.
What are the countries in Caribbean South America are export oil?
The countries that export oil are Venezuela and Colombia!
What kind of imports does Venezuela have?
Venezuela imports raw materials, machinery and equipment, transport equipment, construction material.
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,....
To which countries do Trinidad and tobago export oil?
they export oil to the united staes of America,Spain and Jamaica that is all i know i hope it can help you!!
What does Venezuela do to earn money?
Oil is Venezuela's major export and main source of income. Agricultural products, steel, and chemicals are also exported.
What natural resource is Venezuelas most valuable export?
Oil is Venezuela's most valuable export. The country has one of the largest oil reserves in the world and oil exports make up a significant portion of its government revenue.
What are the major imports and exports of Venezuela?
The number one export in Venezuela is oil. Several oil field as located in and around Venezuela, particular in the East. Venezuela supports the USA with pesticide , fertilizer and insecticides. Imports: Cars. YOur welcome Apart of oil, Venezuela exports gemstones, organic chemicals, base metals and fish. The country imports corn, medicines, machinery and food products. Read more about Venezuela's export and imports on Export Portal - an online platform for international trade.
What is venezuelas exports?
Venezuela is rich in crude oil reserves. Their exports include this oil, technology to use crude oil and farm products. Oil has been traditionally a prime export, however, the drop in crude prices has been a problem for Venezuela.
What is Venezuela's specialization?
Venezuela's economy is primarily specialized in the production and export of oil, which accounts for a significant portion of its GDP and government revenue. The country has some of the largest proven oil reserves in the world, making it heavily dependent on oil exports. In addition to petroleum, Venezuela also has agricultural sectors that produce coffee, cocoa, and various fruits, but these contribute far less to the economy compared to oil. Overall, Venezuela's economic structure has been significantly shaped by its oil wealth, leading to vulnerabilities when oil prices fluctuate.
Which South American country is a major producer of oil?
Venezuela has the largest oil reserves in the Western Hemisphere and was a founding member of OPEC. It has nearly 80 billion barrels of oil reserves and provides 15% of The United States' oil. It is the seventh largest producer of oil in the world.
