What is the main export product of Venezuela? 🔊
Venezuela's main export product is crude oil. The country has one of the largest oil reserves in the world, and its economy heavily relies on oil exports for revenue. Despite having rich natural resources, Venezuela faces economic challenges, including inflation and political instability. The country's oil industry is a crucial factor in its economic landscape, influencing job creation, investment, and international trade relations. Government policies and shifts in global oil prices significantly affect the sector, making it a vital component of Venezuela's economy and a topic of discussion in regional and international politics.


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