We all know that natural resources are the most valuable treasure and asset of any country, every country on earth has one or more natural resources of thier own, some smaller countries thrive on agricultural products, and they major thier exports on scarce farm products like, rubber, coacoa, fruits or rare and valuable plants.
There are countries that are Giants in export because thier natural resources are EEE(Essential for Everybody Everyday) we cannot survive without their products,
Natural resources are necessary to produce everything we make use of, they are the backbone of modern manufacturing.
There are some countries that are a powerhouse in natural resources and minerals, these are the top 10 natural resources powerhouse and export giants.
1✓Russia, 2✓U.s.a, 3✓Saudi arabia, 4✓Canada, 5✓Iran, 6✓China, 7✓Brazil, 8✓Australia, 9✓Iraq, 10✓Venezuela.
these countries are massive exporter in what they have, they have an endless stream of production and they account for almost half of the worlds natural resources produce, Russia for instance are the leaders in natural gas worldwide, they are also a big producer of coal and gold amongst other things.
Saudi arabia are the largest crude oil producers in the world, china and australia also major in coal, these natural resources are very essential for our everyday life.
nigeria is also one africa country that is very rich in
Oil and timber, ghana is also rich in coacoa, which is thier main source of export, natural resources of a country helps in developing the it financially, there are so many natural resources but there are particular products that contribute approximately up to 10% percent of global exports, these exports include raw materials such as gas, oil, minerals, timber and agricultural products.
The reason crude oil is widely recognized is that it serves many purpose, especially in the industrial sector, it is also used to build weapons which is essential for security.
Exportation is getting bigger and more better each year because natural resources are pivotal for new discoveries and inventions, a halt in the extraction of a countries natural resources will in turn affect the countries economy.
Thanks for your time.