Which natural resources are major exports for Mexico Brazil and Cuba?

Which natural resources are major exports for Mexico Brazil and Cuba?

Oil is one of the top exports: • Exports 1.7 million barrels/day. Money from oil sales provides 1/3 of government’s budget. Mexico is one of the world’s top producers of silver. Other exports include fruits, vegetables, coffee, & cotton.

What is the main industry in Cuba?

Sugar-milling has long been the largest industry, and Cuba is also known for its tobacco products. There is a oil-refining industry as well. Some consumer goods are manufactured, as well as construction materials, steel, agricultural machinery, and pharmaceuticals.

What kind of trade does the US have with Venezuela?

Bilateral trade in goods between both countries reached $3.2 billion in 2019. U.S. goods exports to Venezuela totaled $1.2 billion in 2019. U.S. imports from Venezuela totaled $1.9 billion. U.S. exports to Venezuela have historically included petroleum and refined petroleum products, machinery, organic chemicals, and agricultural products.

Which is the most important industry in Venezuela?

Petroleum Industry. The petroleum industry is Venezuela’s most important industry and also the largest employer of the country’s labor force. The United States is among the top destinations for Venezuela’s oil and provides the market for about 11% of the country’s oil production.

What kind of industries does Mexico have in the world?

Mexico is the world’s sixth-largest oil producer. Tobacco, aerospace, petroleum, and mining among others are some of Mexico’s biggest industries. They all play a significant part in the economy of the country.

Who are the major trade partners of Mexico?

Mexico has long been a trade partner with the United States, Spain, New Zealand and other developed economies worldwide. In fact, Mexico is the 9th largest export economy in the world. With that said, here are their major exports and imports.