Statista overview report on the importance of natural resources in Latin America
This report provides a deep insight into Latin America’s natural resources landscape. It explains how different commodities have been key drivers of economic growth in the region and, at the same time, sources of social and environmental concerns.
The report analyzes important agricultural products from global leaders such as soybean in Brazil and Argentina and coffee in Brazil and Colombia. It also examines the role of precious metals in Chile, Peru, and Mexico, historically known for their abundance of copper, silver, and gold. Furthermore, the study approaches Brazil’s and Mexico’s petroleum industries, both led by –but not limited to– state-owned enterprises. Every chapter includes a contribution index, which measures the relevance of a particular sector to each of the assessed economies.
With an undoubted comparative advantage in the production of many agricultural crops and minerals, Latin America has successfully become one of the leading suppliers of raw materials in the world. This has affected the economic development of the region, since a great proportion of the countries’ revenue comes from the production and exports of commodities such as coffee, precious metals, copper, crude oil, and most recently soybean. Extractive activities, on the other hand, can put natural ecosystems on the brink of destruction. Sustainable growth requires sustainable management.This report analyzes the the economic importance of natural resources in Latin America. It also explores how the relevance of natural resources in each of its countries has affected the environment.
Overview: resource availability
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