What does the US import from South America?

What does the US import from South America?

Latin America already supplies the great bulk of United States imports of antimony, babassu nuts, beryllium, castor beans, coffee, flaxseed, henequen, quartz crystal, quebracho extract, sodium nitrate, sugar, and vanadium, as well as a substantial part of total imports of bauxite, cacao beans, and cattle hides.

What makes South America different from Central America?

South America is bounded by the Caribbean Sea to the northwest and north, the Atlantic Ocean to the northeast, east, and southeast, and the Pacific Ocean to the west. Under that definition, however, part of Mexico is included in Central America, although that country lies mainly in North America proper.

How does South America make money?

From the 1990s onward countries in South America switched over to the system of Free-Market economy. Now, major economic activities include agriculture, industry, forestry, and mining.

What natural resources are found in South America?

South America’s major mineral resources are gold, silver, copper, iron ore, tin, and petroleum. These resources found in South America have brought high income to its countries especially in times of war or of rapid economic growth by industrialized countries elsewhere.

What natural resources does South America have?

How is Latin America different from America?

The difference between Latin America and South America is that Latin America is a linguistic or cultural division of the continent whereas south America is the geographical division of the continent. Latin America includes countries whose heritage is predominantly Spanish, Portuguese, or French.

What kind of products are made in Colombia?

Beyond coffee, flowers and emeralds, there are other export products made in Colombia that you maybe don’t know about. These are some of them. 1. Wooden speakers

Where are natural resources found in South America?

South America is home to some deposits of oil and natural gas, which are drilled for energy and fuel. Oil and gas extraction is the dominant industry of Venezuela, with major deposits found around Lake Maracaibo and the El Tigre region. The oil sector accounts for about one-third of Venezuela’s total gross domestic product (GDP).

What kind of crops are produced in South America?

South America’s temperate climates are home to a number of industrial crops and livestock. Corn is produced throughout the temperate climates, and soybeans have become an increasingly lucrative crop in the Pampas. The Pampas’ vast, high-quality pastures are also the center of South America’s huge ranching industry.

Where does the chocolate come from in South America?

In 2000, a fungus spread throughout many of South America’s cacao plantations, devastating the economies of the region and driving up the price of chocolate. The chocolate industries of Brazil, Venezuela, and Ecuador are slowly recovering, but most of the world’s cacao now comes from countries in tropical Africa.