the bar chart illustrates the value of Australia’s commerce relationship with five countries: China, Japan, Korea, Thailand and Vietnam from 2012 to 2014.
Overall, China had the strongest connection with Australia in trading while Vietnam was the opposite. Morever, Japan and Korea’s data kept unchanged in the first two years.
According to the chart, transacting with China give the largest amount of money in the period of three years, from over A$ 120,000 to nearly A$ 160,000 millions. In addiction, trading with Vietname demonstrated the lowest value among five nations in both three years with below A$ 10,000 millions in 2012 and approximately A$ 15,000 millions in 2014.
Following the figure of five partners, Japan and Korea remained unchanged in the period of 2012 and 2014, around A$ 70,000 and A$ 40,000 millions. Addictionally, there was a slight drop in 2013 in Japan with below A$ 69,000 millions while Korea showed a gradual growth with approximately A$ 40,000 millions.
Based on the data of Thailand, there was a slow climb in 2013 with over A$ 20,000 millions but then turned back to A$ 20,000 like 2012 in the last year of the chart