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Nowadays (2018) the largest source of foreign exchange for Mexico are its exports of manufactured products, which generate an income of $373 billion per year. Among these, machinery and equipment (37%), motor vehicles and parts (25%), as well as mineral fuels (6%) are the largest contributors. In the case of Venezuela, oil and its refined products amount for more than 89% of its total exports, followed by gold (2.7%) and chemical products (1.3%). Total exports of Venezuela are $34.3 billion.
Wiki User
∙ 6y ago
Wiki User
∙ 6y agoNowadays (2018) the largest source of foreign exchange for Mexico are its exports of manufactured products, which generate an income of $373 billion per year. Among these, machinery and equipment (37%), motor vehicles and parts (25%), as well as mineral fuels (6%) are the largest contributors.
On the other hand, the largest source of foreign exchange for Venezuela are mineral fuels, accounting for 91% of total exports and being the single source of income for both the Venezuelan economy, as well as its government income.
Wiki User
∙ 6y agoNowadays (2018) the largest source of foreign exchange for Mexico are its exports of manufactured products, which generate an income of $373 billion per year. Among these, machinery and equipment (37%), motor vehicles and parts (25%), as well as mineral fuels (6%) are the largest contributors.
On the other hand, the largest source of foreign exchange for Venezuela are mineral fuels, accounting for 91% of total exports and being the single source of income for both the Venezuelan economy, as well as its government income.
Wiki User
∙ 6y agoNowadays (2018) the largest source of foreign exchange for Mexico are its exports of manufactured products, which generate an income of $373 billion per year. Among these, machinery and equipment (37%), motor vehicles and parts (25%), as well as mineral fuels (6%) are the largest contributors. In the case of Venezuela, oil and its refined productsamount for more than 89% of its total exports, followed by gold (2.7%) and chemical products (1.3%). Total exports of Venezuela are $34.3 billion.
Wiki User
∙ 13y agoOil
Anonymous
bye
Anonymous
hey everyone
Anonymous
just kidding
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What two Latin America countries have oil as their major source of income?
Mexico and Venezuela are such countries.
What is a major source of income for both Mexico and venezula?
oil
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 is a major source of income to both Mexico and Venenzuela?
Crude oil.
What is Venezuela's major industry?
Petroleum Petroleum
What is the major source of income in Venezuela?
There are three main industries in Venezuela. Mining for bauxite and aluminum is a major industry. The people of Venezuela also work in oil fields, both on and off shore. Venezuela is also a steel exporting country.
What nation is oil a major producers?
Canada, Mexico, United States, and Venezuela
What are the major sources of income in Israel?
what is the main source of income in israel
What is the main source of income in Maryland?
The Major source of income in colonial Maryland are, Oysters, fish, and Crabs
What is Pennsylvania's major source of income?
taxes
What is the major source of income for united kingdom?
me
What is washingtons major source of income?
our taxes
