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What are the two major exports of Venezuela?
Venezuela's main exports are oil and petroleum. 80% is oil.
What is the economic strengths for Venezuela?
Selling oil is the biggest economic powerhouse for Venezuela.
Where does the US gas companies purchase their oil from?
Venezuela
Who has the most oil reserves?
Venezuela and it has been proven recently has more oil reserves than the Saudis.
What does venezuelas economy rely on?
Venezuela's economy relys heavenly on oil
Which country produces more oil Venezuela or Mexico?
Mexico produces 2,602,000 barrels of oil per day while Venezuela produces 2,175,000. Mexico is a larger producer, by almost 19.6%
What country in South America produces the most oil?
Venezuela.
What are some resources Venezuela produces?
Venezuela has some of the largest oil and natural gas reserves in the world.
Why does Venezuela have so much oil?
Oil is important to Venezuela, because it is most of Venezuela's economy.
How much fuel is produced in Venezuela?
Venezuela is having problems with oil production in 2017.
Which country produces more coffee-- Venezuela or Jamaica?
Venezuela produces 51,000,000 kgs of coffee whilst Jamaica only 2,100,000 kgs
Are much of South America's oil found in Venezuela?
because of reasons
What are the exports of Venezuela?
America gets a greater percentage of oil from Venezuela than from the Middle East, and Venezuela has the largest oil reserves in the Western hemisphere--maybe the only oil in the WH; Texas was pretty much pumped dry by the mid 1970s. Venezuela also exports petroleum, petroleum products, and aluminum
Is Venezuela an oil producing country?
Yes. Venezuela is an oil producing country. In fact, oil related pollution is an environmental concern in Venezuela.
Which is not a commodity that Venezuela produces?
rubber
What are the two major exports of Venezuela?
Venezuela's main exports are oil and petroleum. 80% is oil.
How does Venezuela get their wealth?
Venezuela is a sovereign country in South America. It is one of the most urbanized countries in the region and worlds largest exporter of oil ahead of Saudi Arabia. Much of its revenue is generated by oil exports.
