The charts illustrate the revenue of Australia’s trade in three different countries over the period of five years, commencing in 2004.
Overall, the trade revenue in three countries experienced an upward trend, of which China witnessed the most noticeable rise in their trade earnings. Notably, the value of imported trades were predominantly higher than the export figures.
In terms of the revenue of imported trade, in the initial year, the trade earnings in Australia stood at over 25 billion dollars, surpassing China and the US by ten billion dollars. Until the year 2009, the total trade value in China and India rose notably to 35 billion dollars, whereas the US gained minimally in their trade revenue, standing around the original unit.
Taking a look at the revenue of exported trade, in the year 2004, Australia reaped 20 billion dollars from their trade, continuously establishing themselves as the highest among three nations. The trade revenue of the two remained countries ranged from 10 billion dollars to 15 billion dollars. In 2009, the value of export in China underwent a drastic growth of 25 billion dollars while the reverse was true for Indian figures, dropping to 16 billion dollars despite a slight increase in 2007. Australia ended up relatively staying from scratch, at 10 billion dollars.