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Venezuela is the 6th largest oil exporter in the world. It produces 2.8 million barrels a day. Its location on the ocean gives it easy access to trade with other countries around the world. Around 90% of the money the government makes on trade with other countries comes from the oil business.
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Many Venezuelans make their living fishing in Lake Maracaibo, South America's largest lake, and along the coast of the Caribbean Sea. Much of Venezuela isn't farmable, so only 10% of Venezuelans farm for a living.