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Countries and their Natural Resources: The Natural Wealth of Countries

Published Saturday, April 19, 2008

Natural resources are naturally occurring (renewable and nonrenewable) substances of the environment that are considered valuable in their natural form. Nonrenewable includes for example fossil fuel (coal and oil) and renewable can be unconditionally renewable (e.g. solar, geothermal, tidal or wind energy) and conditionally renewable (e.g. fish, cattle, forest goods, vines). These are naturally occurring materials from the environment that have value in serving human needs and therefore have economic value. These material source of wealth are primary factors of production and the availability of particular natural resources gives that country a comparative advantage in trade.

Some of these natural resources (material source of wealth) are: timber (forest), natural gas, petroleum (oil), coal, barites, copper, chromite, sulfur, talc, lead, zinc, iron ore, precious and semi-precious stones, salt, fresh water, seeds, grains, fruits, animals (e.g fish, shrimp and cattle), sand and gravel all occurs in a natural state and has economic value. It is important to note also that natural resources can have "noneconomic" value such as being; ecological, recreational (scenic beauty), educational or aesthetic value in nature, apart from those that could be classified under economic value.

Thus, most countries have a particular natural resource(s) (biological and geological sources) that meet human needs and as such, have an economic value whereby it can be exploited and used by that country or in trade with other countries. The list below shows each country’s nature resources or its natural wealth.


Countries and their Natural Resource - The Natural Wealth of Countries around the World


Country
Natural resources
Afghanistan
natural gas, petroleum, coal, copper, chromite, talc, barites, sulfur, lead, zinc, iron ore, salt, precious and semiprecious stones
Albania
petroleum, natural gas, coal, chromium, copper, timber, nickel, hydro-power
Algeria

petroleum, natural gas, iron ore, phosphates, uranium, lead, zinc
American Samoa pumice, pumicite
Andorra
hydro-power, mineral water, timber, iron ore, lead
Angola
petroleum, diamonds, iron ore, phosphates, copper, feldspar, gold, bauxite, uranium
Anguilla
salt, fish, lobster
Antarctica
iron ore, chromium, copper, gold, nickel, platinum and other minerals,
and coal and hydrocarbons have been found in small noncommercial quantities; not presently exploited; krill, finfish, and crab have been taken by commercial fisheries

Antigua and Barbuda Has a pleasant climate and fosters tourism
Arctic Ocean sand and gravel aggregates, placer deposits, polymetallic nodules, oil and gas fields, fish, marine mammals (seals and whales)
Argentina

fertile plains of the Pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium
Armenia
small deposits of gold, copper, molybdenum, zinc, alumina
Aruba
Negligible; white sandy beaches
Ashmore and Cartier Islands fish
Atlantic Ocean oil and gas fields, fish, marine mammals (seals and whales), sand and gravel aggregates, placer deposits, polymetallic nodules, precious stones

Australia
bauxite, coal, iron ore, copper, tin, gold, silver, uranium, nickel,
tungsten, mineral sands, lead, zinc, diamonds, natural gas, petroleum
Austria
iron ore, oil, timber, magnesite, lead, coal, lignite, copper, hydropower
Azerbaijan

petroleum, natural gas, iron ore, nonferrous metals, alumina
Bahamas, The salt, aragonite, timber, arable land
Bahrain
oil, associated and non-associated natural gas, fish, pearls
Baker Island guano (deposits worked until 1891), terrestrial and aquatic wildlife
Bangladesh
natural gas, arable land, timber, coal
Barbados

petroleum, fish, natural gas
Bassas da India none
Belarus
forests, peat deposits, small quantities of oil and natural gas, granite, dolomitic limestone, marl, chalk, sand, gravel, clay
Belgium
coal, natural gas
Belize
arable land potential, timber, fish, hydro-power
Benin
small offshore oil deposits, limestone, marble, timber
Bermuda
limestone, pleasant climate fostering tourism
Bhutan
timber, hydro-power, gypsum, calcium carbide
Bolivia

tin, natural gas, petroleum, zinc, tungsten, antimony, silver, iron, lead, gold, timber, hydro-power
Bosnia and Herzegovina coal, iron, bauxite, manganese, forests, copper, chromium, lead, zinc, hydro-power
Botswana
diamonds, copper, nickel, salt, soda ash, potash, coal, iron ore, silver
Bouvet
Island
none
Brazil

bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydro-power, timber
British Indian Ocean Territory coconuts, fish, sugarcane
British Virgin Islands Negligible
Brunei
petroleum, natural gas, timber
Bulgaria
bauxite, copper, lead, zinc, coal, timber, arable land
Burkina Faso manganese, limestone, marble; small deposits of gold, antimony, copper, nickel, bauxite, lead, phosphates, zinc, silver
Burma
petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, some marble, limestone, precious stones, natural gas, hydro-power
Burundi
nickel, uranium, rare earth oxides, peat, cobalt, copper, platinum (not yet exploited), vanadium, arable land, hydro-power
Cambodia
timber, gemstones, some iron ore, manganese, phosphates, hydro-power potential
Cameroon

petroleum, bauxite, iron ore, timber, hydro-power
Canada
iron ore, nickel, zinc, copper, gold, lead, molybdenum, potash, diamonds, silver, fish, timber, wildlife, coal, petroleum, natural gas, hydro-power
Cape Verde salt, basalt rock, limestone, kaolin, fish
Cayman Islands fish, climate and beaches that foster tourism
Central African Republic diamonds, uranium, timber, gold, oil, hydro-power
Chad

petroleum (unexploited but exploration under way), uranium, natron, kaolin, fish (Lake Chad)
Chile
copper, timber, iron ore, nitrates, precious metals, molybdenum, hydro-power
China
coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydro-power potential (world's largest)
Christmas Island phosphate, beaches
Clipperton Island fish
Cocos (Keeling) Islands fish
Colombia
petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydro-power
Comoros
Negligible
Congo, Democratic Republic of the cobalt, copper, cadmium, petroleum, industrial and gem diamonds, gold, silver, zinc, manganese, tin, germanium, uranium, radium, bauxite, iron ore, coal, hydro-power, timber
Congo, Republic of the petroleum, timber, potash, lead, zinc, uranium, copper, phosphates, natural gas, hydro-power
Cook Islands Negligible
Coral Sea Islands Negligible
Costa Rica hydro-power
Cote d'Ivoire petroleum, natural gas, diamonds, manganese, iron ore, cobalt, bauxite, copper, hydro-power
Croatia

oil, some coal, bauxite, low-grade iron ore, calcium, natural asphalt, silica, mica, clays, salt, hydro-power
Cuba
cobalt, nickel, iron ore, copper, manganese, salt, timber, silica, petroleum, arable land
Cyprus copper, pyrites, asbestos, gypsum, timber, salt, marble, clay earth
pigment
Czech Republic hard coal, soft coal, kaolin, clay, graphite, timber
Denmark
petroleum, natural gas, fish, salt, limestone, stone, gravel and sand
Djibouti
geothermal areas
Dominica
timber, hydro-power, arable land
Dominican Republic nickel, bauxite, gold, silver

East Timor
gold, petroleum, natural gas, manganese, marble
Ecuador
petroleum, fish, timber, hydro-power
Egypt
petroleum, natural gas, iron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, zinc
El Salvador hydro-power, geothermal power, petroleum, arable land
Equatorial Guinea oil, petroleum, timber, small unexploited deposits of gold, manganese, uranium, titanium, iron ore
Eritrea
gold, potash, zinc, copper, salt, possibly oil and natural gas, fish
Estonia

oil shale, peat, phosphorite, clay, limestone, sand, dolomite, arable land, sea mud
Ethiopia
small reserves of gold, platinum, copper, potash, natural gas, hydro-power
Europa Island Negligible
Falkland Islands (Islas Malvinas) fish, squid, wildlife, calcified seaweed, sphagnum moss
Faroe Islands fish, whales, hydro-power
Fiji
timber, fish, gold, copper, offshore oil potential, hydro-power
Finland
timber, copper, zinc, iron ore, silver
France
coal, iron ore, bauxite, zinc, potash, timber, fish
French Guiana bauxite, timber, gold (widely scattered), cinnabar, kaolin, fish
French Polynesia timber, fish, cobalt, hydro-power
French Southern and Antarctic Lands fish, crayfish
Gabon
petroleum, manganese, uranium, gold, timber, iron ore, hydro-power
Gambia,
The
fish
Gaza
Strip
arable land, natural gas
Georgia

forests, hydro-power, manganese deposits, iron ore, copper, minor coal and oil deposits; coastal climate and soils allow for important tea and citrus growth
Germany
iron ore, coal, potash, timber, lignite, uranium, copper, natural gas, salt, nickel, arable land
Ghana
gold, timber, industrial diamonds, bauxite, manganese, fish, rubber, hydro-power
Gibraltar

Negligible
Glorioso Islands guano, coconuts
Greece
bauxite, lignite, magnesite, petroleum, marble, hydro-power potential
Greenland

zinc, lead, iron ore, coal, molybdenum, gold, platinum, uranium, fish, seals, whales, hydro-power, possible oil and gas

Grenada
timber, tropical fruit, deepwater harbors

Guadeloupe
cultivable land, beaches and climate that foster tourism
Guam
fishing (largely undeveloped), tourism (especially from Japan)
Guatemala
petroleum, nickel, rare woods, fish, chicle, hydropower
Guernsey

cropland
Guinea
bauxite, iron ore, diamonds, gold, uranium, hydropower, fish
Guinea-Bissau
fish, timber, phosphates, bauxite, unexploited deposits of petroleum
Guyana

bauxite, gold, diamonds, hardwood timber, shrimp, fish
Haiti
bauxite, copper, calcium carbonate, gold, marble, hydropower
Heard Island and McDonald Islands fish
Holy See (Vatican City) none
Honduras
timber, gold, silver, copper, lead, zinc, iron ore, antimony, coal, fish, hydropower
Hong Kong outstanding deepwater harbor, feldspar
Howland Island guano (deposits worked until late 1800s), terrestrial and aquatic wildlife
Hungary
bauxite, coal, natural gas, fertile soils, arable land
Iceland
fish, hydropower, geothermal power, diatomite


India
coal (fourth-largest reserves in the world), iron ore, manganese, mica, bauxite, titanium ore, chromite, natural gas, diamonds, petroleum, limestone, arable land
Indian
Ocean
oil and gas fields, fish, shrimp, sand and gravel aggregates, placer deposits, polymetallic nodules
Indonesia
petroleum, tin, natural gas, nickel, timber, bauxite, copper, fertile soils, coal, gold, silver
Iran

petroleum, natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc, sulfur
Iraq
petroleum, natural gas, phosphates, sulfur

Ireland
zinc, lead, natural gas, barite, copper, gypsum, limestone, dolomite, peat, silver
Israel

timber, potash, copper ore, natural gas, phosphate rock, magnesium bromide, clays, sand
Italy
mercury, potash, marble, sulfur, natural gas and crude oil reserves, fish, coal, arable land
Jamaica
bauxite, gypsum, limestone
Jan Mayen none
Japan

negligible mineral resources, fish
Jarvis Island guano (deposits worked until late 1800s), terrestrial and aquatic wildlife
Jersey
arable land
Johnston Atoll guano deposits worked until depletion about 1890, terrestrial and aquatic wildlife
Jordan

phosphates, potash, shale oil
Juan de Nova Island guano deposits and other fertilizers
Kazakhstan
major deposits of petroleum, natural gas, coal, iron ore, manganese, chrome ore, nickel, cobalt, copper, molybdenum, lead, zinc, bauxite, gold, uranium
Kenya

gold, limestone, soda ash, salt, rubies, fluorspar, garnets, wildlife, hydropower
Kingman Reef terrestrial and aquatic wildlife

Kiribati
phosphate (production discontinued in 1979)
Korea, North coal, lead, tungsten, zinc, graphite, magnesite, iron ore, copper, gold, pyrites, salt, fluorspar, hydropower
Korea, South coal, tungsten, graphite, molybdenum, lead, hydropower potential
Kuwait
petroleum, fish, shrimp, natural gas
Kyrgyzstan
abundant hydropower; significant deposits of gold and rare earth metals; locally exploitable coal, oil, and natural gas; other deposits of nepheline, mercury, bismuth, lead, and zinc
Laos
timber, hydropower, gypsum, tin, gold, gemstones
Latvia
peat, limestone, dolomite, amber, hydropower, wood, arable land
Lebanon
limestone, iron ore, salt, water-surplus state in a water-deficit region, arable land
Lesotho water, agricultural and grazing land, some diamonds and other minerals
Liberia
iron ore, timber, diamonds, gold, hydropower
Libya
petroleum, natural gas, gypsum
Liechtenstein
hydroelectric potential, arable land
Lithuania
peat, arable land
Luxembourg
arable land, iron ore (no longer exploited),
Macau
Negligible
Macedonia,
The Former Yugoslav Republic of
chromium, lead, zinc, manganese, tungsten, nickel, low-grade iron ore, asbestos, sulfur, timber, arable land
Madagascar
graphite, chromite, coal, bauxite, salt, quartz, tar sands, semiprecious stones, mica, fish, hydropower
Malawi
limestone, arable land, hydropower, unexploited deposits of uranium, coal, and bauxite
Malaysia

tin, petroleum, timber, copper, iron ore, natural gas, bauxite
Maldives
fish
Mali
gold, phosphates, kaolin, salt, limestone, uranium, hydropower mineral deposits unexploited: bauxite, iron ore, manganese, tin, and copper
Malta
limestone, salt, arable land
Man, Isle of none
Marshall Islands coconut products, marine products, deep seabed minerals

Martinique
coastal scenery and beaches, cultivable land

Mauritania
iron ore, gypsum, copper, phosphate, diamonds, gold, oil, fish
Mauritius

arable land, fish
Mayotte
Negligible
Mexico
petroleum, silver, copper, gold, lead, zinc, natural gas, timber
Micronesia
Federated States of,
forests, marine products, deep-seabed minerals
Midway Islands wildlife, terrestrial and aquatic

Moldova
lignite, phosphorites, gypsum, arable land, limestone
Monaco
none
Mongolia oil, coal, copper, molybdenum, tungsten, phosphates, tin, nickel, zinc, wolfram, fluorspar, gold, silver, iron, phosphate
Montserrat
Neglible
Morocco
phosphates, iron ore, manganese, lead, zinc, fish, salt
Mozambique
coal, titanium, natural gas, hydropower, tantalum, graphite
Namibia
diamonds, copper, uranium, gold, lead, tin, lithium, cadmium, zinc, salt, vanadium, natural gas, hydropower, fish (with the possiblity exist for: oil, coal, and iron ore)
Nauru
phosphates, fish
Navassa
Island
guano
Nepal

quartz, water, timber, hydropower, scenic beauty, small deposits of lignite, copper, cobalt, iron ore
Netherlands
natural gas, petroleum, arable land

Netherlands Antilles
phosphates (Curacao only), salt (Bonaire only)
New Caledonia nickel, chrome, iron, cobalt, manganese, silver, gold,
lead, copper
New Zealand natural gas, iron ore, sand, coal, timber, hydropower, gold, limestone
Nicaragua

gold, silver, copper, tungsten, lead, zinc, timber, fish
Niger
uranium, coal, iron ore, tin, phosphates, gold, petroleum
Nigeria
natural gas, petroleum, tin, columbite, iron ore, coal, limestone, lead, zinc, arable land
Niue

fish, arable land
Norfolk Island fish
Northern Mariana Islands arable land, fish
Norway
petroleum, copper, natural gas, pyrites, nickel, iron ore, zinc, lead, fish, timber, hydropower
Oman
petroleum, copper, asbestos, some marble, limestone, chromium, gypsum, natural gas
Pacific Ocean oil and gas fields, polymetallic nodules, sand and gravel aggregates, placer deposits, fish
Pakistan

land, extensive natural gas reserves, limited petroleum, poor quality coal, iron ore, copper, salt, limestone
Palau
forests, minerals (especially gold), marine products, deep-seabed minerals
Palmyra Atoll terrestrial and aquatic wildlife
Panama
copper, mahogany forests, shrimp, hydropower
Papua New Guinea gold, copper, silver, natural gas, timber, oil, fisheries
Paracel Islands none
Paraguay

hydropower, timber, iron ore, manganese, limestone
Peru
copper, silver, gold, petroleum, timber, fish, iron ore, coal, phosphate, potash, hydropower, natural gas
Philippines
timber, petroleum, nickel, cobalt, silver, gold, salt, copper
Pitcairn Islands miro trees (used for handicrafts), fish offshore: manganese, iron, copper, gold, silver, and zinc have been discovered
Poland
coal, sulfur, copper, natural gas, silver, lead, salt, amber, arable land
Portugal

fish, forests (cork), tungsten, iron ore, uranium ore, marble, arable land, hydropower
Puerto Rico some copper and nickel; potential for onshore and offshore oil
Qatar
petroleum, natural gas, fish
Reunion

fish, arable land, hydropower
Romania
petroleum (reserves declining), timber, natural gas, coal, iron ore, salt, arable land, hydropower
Russia
Timber, oil, natural gas, coal, and many other minerals that are not exploited due mainly to the country's climate and terrain.
Rwanda
gold, cassiterite (tin ore), wolframite (tungsten ore), methane, hydropower, arable land
Saint Helena fish
Saint Kitts and Nevis arable land
Saint Lucia forests, sandy beaches, minerals (pumice), mineral springs, geothermal potential
Saint Pierre and Miquelon fish, deepwater ports
Saint Vincent and the Grenadines hydropower, cropland
Samoa
hardwood forests, fish, hydropower
San Marino building stone
Sao Tome and Principe fish, hydropower
Saudi Arabia petroleum, natural gas, iron ore, gold, copper
Senegal
fish, phosphates, iron ore
Serbia and Montenegro oil, gas, coal, antimony, copper, lead, zinc, nickel, gold, pyrite, chrome, hydropower, arable land
Seychelles
fish, copra, cinnamon trees
Sierra Leone diamonds, titanium ore, bauxite, iron ore, gold, chromite
Singapore
fish, deepwater ports
Slovakia

brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land
Slovenia
lignite coal, lead, zinc, mercury, uranium, silver, hydropower, forests
Solomon Islands fish, forests, gold, bauxite, phosphates, lead, zinc, nickel
Somalia

uranium and largely unexploited reserves of iron ore, tin, gypsum, bauxite, copper, salt, natural gas, likely oil reserves

South Africa
gold, chromium, antimony, coal, iron ore, manganese, nickel, phosphates, tin, uranium, gem diamonds, platinum, copper, vanadium, salt, natural gas
South Georgia and the South Sandwich Islands fish
Southern Ocean manganese nodules, sand and gravel, fresh water as icebergs; squid, whales, and seals - not exploited; krill, fishes; possibility of oil and natural gas
Spain
coal, lignite, iron ore, uranium, mercury, pyrites, fluorspar, gypsum, zinc, lead, tungsten, copper, kaolin, potash, hydropower, arable land
Spratly Islands fish, guano, undetermined oil and natural gas potential

Sri Lanka limestone, graphite, mineral sands, gems, phosphates, clay, hydropower
Sudan
petroleum; small reserves of iron ore, copper, chromium ore, zinc, tungsten, mica, silver, gold, hydropower
Suriname

timber, hydropower, fish, kaolin, shrimp, bauxite, gold, and small amounts of nickel, copper, platinum, iron ore
Svalbard
coal, copper, iron ore, phosphate, zinc, wildlife, fish
Swaziland
asbestos, coal, clay, cassiterite, hydropower, forests, small gold and diamond deposits, quarry stone, and talc
Sweden

zinc, iron ore, lead, copper, silver, timber, uranium, hydropower
Switzerland
hydropower potential, timber, salt
Syria
petroleum, phosphates, chrome and manganese ores, asphalt, iron ore, rock salt, marble, gypsum, hydropower
Taiwan

small deposits of coal, natural gas, limestone, marble, and asbestos
Tajikistan
hydropower, some petroleum, uranium, mercury, brown coal, lead, zinc, antimony, tungsten, silver, gold
Tanzania
hydropower, tin, phosphates, iron ore, coal, diamonds, gemstones, gold, natural gas, nickel
Thailand

tin, rubber, natural gas, tungsten, tantalum, timber, lead, fish, gypsum, lignite, fluorite, arable land
Togo
phosphates, limestone, marble, arable land
Tokelau
Negligible
Tonga

fish, fertile soil
Trinidad and Tobago petroleum, natural gas, asphalt
Tromelin Island fish
Tunisia

petroleum, phosphates, iron ore, lead, zinc, salt
Turkey
antimony, coal, chromium, mercury, copper, borate, sulfur, iron ore, arable land, hydropower
Turkmenistan
petroleum, natural gas, coal, sulfur, salt
Turks and Caicos Islands spiny lobster, conch
Tuvalu
fish
Uganda
copper, cobalt, hydropower, limestone, salt, arable land
Ukraine
iron ore, coal, manganese, natural gas, oil, salt, sulfur, graphite, titanium, magnesium, kaolin, nickel, mercury, timber, arable land
United Arab Emirates petroleum, natural gas
United Kingdom coal, petroleum, natural gas, tin, limestone, iron ore, salt, clay, chalk, gypsum, lead, silica, arable land
United States coal, copper, lead, molybdenum, phosphates, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber
Uruguay
arable land, hydropower, minor minerals, fisheries

Uzbekistan
natural gas, petroleum, coal, gold, uranium, silver, copper, lead and zinc, tungsten, molybdenum
Vanuatu

manganese, hardwood forests, fish
Venezuela
petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Vietnam
phosphates, coal, manganese, bauxite, chromate, offshore oil and gas deposits, forests, hydropower
Virgin Islands sun, sand, sea, surf
Wake Island none
Wallis and Futuna Negligible
West Bank arable land
Western Sahara phosphates, iron ore
Yemen
petroleum, fish, rock salt, marble, small deposits of coal, gold, lead, nickel, and copper, fertile soil in west
Zambia
copper, cobalt, zinc, lead, coal, emeralds, gold, silver, uranium, hydropower
Zimbabwe

coal, chromium ore, asbestos, gold, nickel, copper, iron ore, vanadium, lithium, tin, platinum group metals

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