Main resources venezuela. 3 trillion. Coal is also important, and there are largely unexploited deposits of iron ore, bauxite, and other minerals. The national capital is Caracas. In 2014, the extraction of minerals from mines and quarries accounted for about 26% of GDP. The country’s natural resources include petroleum, natural gas, iron ore, gold, bauxite, diamonds and other minerals. Venezuela . Venezuela is bounded by the Caribbean Sea and the Atlantic Ocean to the north, Guyana to the east, Brazil to the south, and Colombia to the southwest and west. Venezuela has an estimated US$14. Agriculture in Venezuela accounts for approximately 4. Venezuela has rich resources of gold, nickel, iron ore, steel, diamond, alumina, coal, bauxite, asphalt, natural gas, and petroleum. 3% of the labor force and at least one-fourth of Venezuela's land area. With a population of more than 30 million people, Venezuela is one of the most populous countries in the Latin American region. According to estimates, the natural resources in the country total a whopping $14. Most countries around the world with great economy and riches most likely have oil as their natural resources. Jun 17, 2025 · Venezuela’s economy is based primarily on the extraction, refinement and export of oil and its derivatives, since more than 80% of exports in the country correspond to the precious “black gold”. 3 trillion worth [24] of natural resources and is not self-sufficient in most areas of agriculture. In addition to oil, Venezuela's resources include substantial deposits of natural gas, iron ore, and bauxite—the latter being a key ore for aluminum production. Venezuela Natural Resources. Oct 2, 2024 · A detailed infographic exploring Venezuela's vast wealth of natural resources, including massive oil, natural gas and gold deposits. 7% of GDP, 7. CountryReports - Your World Discovered! Sep 3, 2025 · Geography Area Climate Natural resources People and Society Population Ethnic groups The Bolivarian Republic of Venezuela lies along South America’s Caribbean coast, sharing its longest borders with Brazil and Colombia. Jul 25, 2019 · Aside from petroleum, other natural resources include natural gas, land for agriculture, water for the production of electricity, and other resources. 3 days ago · Venezuela’s most economically significant natural resources are petroleum and natural gas, which traditionally account for about nine-tenths of exports. Sep 4, 2025 · Venezuela holds the world’s largest proven oil reserves, more than five times more than the United States. Sep 9, 2025 · Venezuela, country located at the northern end of South America, occupying a roughly triangular area. Venezuela electricity, natural gas, oil, energy and natural resources provided. [4] Venezuela exports rice, corn, fish, tropical fruit, coffee, pork and beef. Sep 3, 2025 · Natural resources Land use Irrigated land Major lakes (area sq km) Major rivers (by length in km) Major watersheds (area sq km) Population distribution Jan 11, 2017 · Venezuela is known for its numerous natural resources which are Diamonds, gold, natural gas, gold, bauxite, iron ore, hydroelectric power. suicq ssjkox nyzuqz jnhgzcq mybyh janf bpoz swtsg sqfr mejtch