The bar chart presented illustrates the three main categories of Someland’s main export in 2005, 2015 and future projection for 2025.
Overall, International tourism and Dairy products has accounted for the largest share of country’s export with the forecast to remain dominating, whilist Meat products’ export has remained relatively low over the 10-year period, being forecasted to stay minor. International tourism export, which has experienced a steady growth over the period, is expected to continue increasing. Meat products export, on the other hand, has ungergone a downfall with a prediction to continue its decline in 2025. In stark contrast, Dairy products export, which has increased dramatically from 2005 to 2015, is expected to decrease by 2025.
International tourism, which was the major export category in 2005, constituting about 6 billion USD, has experienced a rise by one half a billion in 2015. Consequently, it is predicted to continue its gradual rise, reaching 8 billion USD in 2025. On the other hand, Dairy products, which accounted for the second largest share of country’s export in 2005 and has surpassed International tourism in 2015, reaching a high of about 8 billion USD, is forecasted to decline by 2025, dropping to about seven and a half billion USD. Simultaneously, Meat products’ export has remained relatively low over the 10-year period (4 billion USD in 2005 and 3.5 billion USD in 2015), being forecasted to stay minor.
Regarding growth and decline patterns, International tourism export, which has experienced a steady growth from 6 billion in 2005 to 7 billion in 2015, is expected to continue increasing, showing overall positive growth trend. It highlights the increase in actuality of Worldwide tourism. Meat products export, on the other hand, has ungergone a downfall from 4 billion in 2005 to three and a half billion in 2015 with a prediction to continue its decline by half a billion in 2025. In contrast, Dairy products export, which has experienced dramatic growth from 5 billion in 2005 to a little below 8 billion 2015, is expected to decrease by half a billion by 2025.
