Natural resources: Nickel, cobalt, iron ore, copper, manganese,
salt, timber, oil, natural gas.
Agriculture: Products--sugar, citrus and tropical fruits, tobacco,
coffee, rice, beans, meat, vegetables.
Industry: Types--sugar and food processing, oil refining, cement,
electric power, light consumer and industrial products, pharmaceutical
and biotech products.
Trade: Exports--$1.999 billion f.o.b. (2005): nickel/cobalt,
pharmaceutical and biotech products, sugar and its byproducts,
tobacco, seafood, citrus, tropical fruits, coffee.
Major markets (2005)--Netherlands $599.7 million (30%);
Canada $437.9 (22%); Venezuela $241 million (12%);
Spain $161.2 million (8%); China $99.6 million (5%);
Russia $57.6 million (3%); France $49.3 million (2%);
others $352.5 million (18%).
Imports --$7.528 billion f.o.b. (2005): petroleum, food, machinery,
chemicals. Major suppliers (2005)--Venezuela $1.859 billion (25%);
China $885.4 million (12%); Spain $653.3 (9%); United States $470.3 (9%);
Canada $327.9 million (4%); Brazil $312.4 million (4%);
Germany $309.3 million (4%); Italy $292 million (4%); Mexico (4%);
Vietnam $251.8 (3%); others (25%).
Official exchange rate: Convertible pesos per U.S.$1 = 0.93.
