The three graphs illustrate the worth in of Australian dollars of Australian business with three different nations in five years.
Overall, with China, the trade has stabilized quite a bit. Contrary to America, where a huge difference is pointed, Japan’s exports fluctuated dramatically.
First of all, China provided slightly less than 20$ billion in goods in the year 2004, or purchasing over 10$ billion in the same year. Furthermore, for the next three continuous years the number rose steadily, and in the middle of 2008, the first time they were at the same stage where both were trading with almost 30 billion dollars each. Furthermore, in 2009, Australia surpassed China in Exports with a margin of 5$ billion, whereas at that period China was on the same 30$ billion.
On the other hand, Japan or Australia, were at plateaued with 20$ billion in 2004. However, Australia rose remarkably throughout the period in exports, where, 30$ billion in 2007, with an escalation to nearly 40$ billion in 2008, interestingly, the figures again fell dramatically to 30$ billion. In addition, imports remain relatively stable throughout the period with nearly by 20$ billion. Furthermore, trade with America also remained stabilized, where in 2004, imports or exports were nearly 10$ and 20$ respectively. Even, a minor growth is observed, in 2009 the numbers still contain a disparity of 10$ billion.