Ranked: Top 10 Countries by Value of All Their Natural Resources
489 sats \ 10 comments \ @0xbitcoiner 7 Nov charts_and_numbers
Natural resources are the backbone of modern manufacturing, necessary to produce everything around us.
According to 2021 data from Statista, 10 countries dominate the global natural resource landscape, each holding vast reserves critical for various industries.
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36 sats \ 2 replies \ @grayruby 7 Nov
Too bad we have a government in Canada that hates our natural resource sector. Who needs it when you can have a service economy with countless, useless government and white collar jobs? Haha
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50 sats \ 1 reply \ @0xbitcoiner OP 7 Nov
I had the idea that the natural resources sector was very strong in Canada, especially uranium. I also thought the US had uranium, apparently it comes from Canada!
edit: @grayruby
Natural resources' nominal gross domestic product rises Expressed at an annual rate, natural resources' nominal GDP reached $349.4 billion in the second quarter, representing 12.5% of the Canadian economy
https://www150.statcan.gc.ca/n1/daily-quotidien/240924/dq240924a-eng.pdf
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Canada is the global leader in potash production and ranks among the top five global producers of diamonds, gemstones, gold, indium, niobium, platinum group metals, titanium concentrate and uranium.
Canada is also the world’s fourth-largest producer of primary aluminum.

Key facts

  • Canada produced 60 minerals and metals at almost 200 mines and 6,500 sand, gravel and stone quarries.
  • The value of Canada's mineral production reached $74.6 billion in 2022.
  • Potash was the top-ranked commodity by value of production in Canada in 2022 with a value of $16.8 billion.
https://natural-resources.canada.ca/our-natural-resources/minerals-mining/mining-data-statistics-and-analysis/minerals-and-the-economy/20529#exploration
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28 sats \ 0 replies \ @grayruby 7 Nov
Canada is very rich in natural resources but our government makes it as difficult as possible for the sector to operate while living off the spoils.
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31 sats \ 0 replies \ @Satosora 7 Nov
Russia has a lot, but half of it is under the tundra which makes it hard to get to.
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9 sats \ 4 replies \ @SimpleStacker 7 Nov
Interesting. Does this rank actual production or does it include reserves? Because I would have thought that oil would be something the U.S. also has quite a lot of
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5 sats \ 3 replies \ @0xbitcoiner OP 7 Nov
I assume these are estimated reserves.
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23 sats \ 2 replies \ @Undisciplined 7 Nov
Either way, the US has lots of oil.
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6 sats \ 1 reply \ @0xbitcoiner OP 7 Nov
I also found it strange that it didn't appear on the graph. Is it because it's smaller than the others? (Coal, timber, natural gas, gold, copper)
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27 sats \ 0 replies \ @Undisciplined 7 Nov
Without looking into the actual numbers, it strikes me as utterly implausible that US oil is less valuable than copper, gold, or timber. I also doubt it's lower than natural gas or coal, but that might depend on how they're counting reserves.
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0 sats \ 0 replies \ @Nuttall 7 Nov
Russia definitely has a beautiful mother nature portfolio. When you leave Moscow and pass all the graffiti in about 10 minutes by train you are in the middle of beautiful forests.
The US really has much natural beauty and resources as well.
Canada is really very fortunate by having a small population and vast natural resources.
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