This is the 13863rd most frequent Russian word.
обитает
"Resides" or "inhabits."
The word 'обитают' indicates the specific living habitat of exotic birds.
Экзотические птицы обитают в тропиках.
Exotic birds live in the tropics.
Here, 'обитает' is used to describe the natural dwelling or living environment of the bear.
Медведь обитает в лесу.
The bear inhabits the forest.
'Обитают' in this context refers to the habitual presence of fish in the ocean depths.