The bar chart illustrates the value of Australia’s trading links with five countries—China, Japan, Korea, Thailand, and Vietnam—over three years: 2012, 2013, and 2014. The values are measured in Australian dollars (A$) millions.
Overall, China remained Australia’s largest trading partner, with consistently increasing trade values over the three years. Japan held the second position, while trade with the other three countries was relatively lower and showed varying trends.
In 2012, the value of Australia’s trade with China was approximately A$120,000 million. This figure rose significantly to around A$160,000 million by 2014. Similarly, trade with Japan also experienced a steady increase, starting at just under A$60,000 million in 2012 and reaching about A$70,000 million in 2014.
In contrast, trade with Korea, Thailand, and Vietnam was substantially lower. Korea’s trade value fluctuated slightly, remaining around A$40,000 million over the three years. Thailand saw a gradual rise from roughly A$20,000 million in 2012 to about A$30,000 million in 2014. Vietnam, with the lowest trading figures, had a small but steady growth, increasing from approximately A$10,000 million in 2012 to A$20,000 million in 2014.