Category: Economy

  • Canada’s Natural Resources: Oil Sands, Potash and Forests

    Canada’s Natural Resources: Oil Sands, Potash and Forests

    Canada’s natural resources make it the world’s fourth-largest oil producer, at some 5.1 million barrels a day in 2024, and the holder of the planet’s fourth-largest freshwater reserve, at 2,902 km³. Its forests cover 39.46% of the territory, and it produces gold, copper, iron ore and aluminum. What are the natural resources of Canada? Canada…

  • What Natural Resources Does Russia Have? Gas, Oil, Timber

    What Natural Resources Does Russia Have? Gas, Oil, Timber

    Russia’s natural resources make it an energy and mining power, ranking second worldwide in natural gas production and pumping some 10.5 million barrels of oil a day in 2024. It has the largest forest area on the planet, roughly 8,153,000 km², and the world’s second-largest freshwater reserve. What natural resources does Russia have besides hydrocarbons?…

  • Venezuela Natural Resources: World’s Largest Oil Reserves

    Venezuela Natural Resources: World’s Largest Oil Reserves

    Venezuela’s natural resources include oil, gas, iron ore, gold, bauxite and diamonds, with crude oil as the base of its economy. What are the most important natural resources in Venezuela? Oil output runs at around 800,000 barrels a day in 2026, the country holds 1,325 km³ of fresh water (10th worldwide) and produced 12,000 thousand…

  • Brazil Natural Resources: Oil, Iron Ore and Niobium

    Brazil Natural Resources: Oil, Iron Ore and Niobium

    Brazil’s natural resources span oil, minerals, water and enormous Amazonian biodiversity. The country produced roughly 3.36 million barrels of crude oil per day in 2024, its highest level ever thanks to the pre-salt fields, and it is the largest oil producer in Latin America as well as the world’s second-largest iron ore producer. Which natural…