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The geography of South America contains many diverse regions and climates. Geographically, South America is generally considered a continent forming the southern portion of the landmass of the Americas, south and east of the Colombia–Panama border by most authorities, or south and east of the Panama Canal by some.
South America has two major trade blocks: Mercosur and the Andean Community. Brazil is the largest economy in South America in terms of Nominal GDP, it has a vast and diverse economic landscape encompassing agriculture, manufacturing, services, and natural resources.
South America has an area of 17,840,000 square kilometers (6,890,000 sq mi). Its population as of 2021 [update] has been estimated at more than 434 million. [ 1 ][ 2 ] South America ranks fourth in area (after Asia, Africa, and North America) and fifth in population (after Asia, Africa, Europe, and North America).
Latin America's economy is composed of two main economic sectors: agriculture and mining. Latin America has large areas of land that are rich in minerals and other raw materials. [9] Also, the tropical and temperate climates of Latin America makes it ideal for growing a variety of agricultural products.
All values, unless otherwise stated, are in US dollars. The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources.
5,500,000 km 2 (2,100,000 sq mi) The Amazon rainforest, [a] also called Amazon jungle or Amazonia, is a moist broadleaf tropical rainforest in the Amazon biome that covers most of the Amazon basin of South America. This basin encompasses 7,000,000 km 2 (2,700,000 sq mi), [2] of which 6,000,000 km 2 (2,300,000 sq mi) are covered by the ...
The Amazon basin is the part of South America drained by the Amazon River and its tributaries. The Amazon drainage basin covers an area of about 7,000,000 km 2 (2,700,000 sq mi), [ 1 ] or about 35.5 percent of the South American continent. It is located in the countries of Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and ...
Mineral trade. Peru's mining industry, which has consistently been the country's major foreign exchange generator since 1997, accounted for almost 61.8% ($14.7 billion) of total export revenues of more than $23.8 billion in 2006 compared with 56.3% ($9.8 billion) of total export revenues of about $17.4 billion in 2005.