The bar chart illustrates some of the trading links’ values between Australia and five countries in three years from 2012 to 2014, measured in millions of Australian dollars.
Overall, China was the largest partner in all three years researched, followed by Japan and Vietnam was at the last place of all five. Over the years, the most increase occurred in China’s values while the other countries just had slight fluctuations.
In details, in the year 2012, trading links between Australia and China were about 125,000m, significantly higher than Japan, at the second position with approximately 70,000m and almost three-fold Korea’s value, which stood at just more than 30,000m. The trend went up in China’s case, when the number climbed to about 151,000m in 2013 and a year later it reached its peak at approximately 152,000m, although it was just a modest increase compared to 2013. Japan and Korea experienced quite similar patterns with stable figures in the first two years and went through changes in the last, 2014, a slight decrease was shown in Japan’s chart while Korea’s underwent the opposite when rising to around 35,000m.
On the other hand, Thailand’s and Vietnam’s trading links’ values were all under 20,000m in three years but Vietnam’s figures were even just half of the other’s. The value for Thailand fluctuated between 19,000m and 20,000m while in Vietnam’s case it grew steadily, from more than 5,000m in 2012 to around 10,000m in 2014.