The given bar chart compares the average prices per kilo of garments imported into the European Union from six different countries namely Argentina, Brazil, Japan, China, India and Bangladesh between 1993 and 2003. Overall, costs of clothing exported from most countries became more expensive, with the exception observing in both Argentina and Japan with their slight decline and the stability of Brazil. Additionally, despite its decrease, Argentina was the country selling clothing with the most significant prices over the surveyed period, while the reverse was true for Bangladesh.
Regarding increasing categories, China’s clothing cost 10 pounds in 1993 before significantly increasing to approximately 17.5 pounds in 2003, which translated to the most significant growth among all surveyed nations. Similarly but to a lesser extent, the European Union paid about 7.5 pounds and 2.5 pounds to import clothing from India and Bangladesh in 1993, prior to a slight increase in these costs, reaching roughly 12 and 6 pounds ultimately.
Concerning the remaining nations, Argentina demanded the most expensive cost in both time points, asking for around 28 pounds initially then marginally becoming cheaper, reaching approximately 26 pounds ultimately. Moreover, 15 pounds was the price of one kilo of Japanese clothing in 1993 before ending at roughly 13.5 pounds in the end, enabling China to surpass it despite a 5-pound gap initially. Furthermore, Brazil exhibited a more stable trend than other nations, remaining unchanged at around 23 pounds in both 1993 and 2003.