The first bar chart delineates the value of products that Australia imported from and exported to China over a six-year period, from 1998 to 2004, while the second chart illustrates the types of goods imported from China in two different years: 2003 and 2004. The information is categorized by $ billion.
Overall, from that point onward, the statistics for both import and export were at a considerably low level, increasing constantly year by year, while the value of those goods imported from China showed the highest figure in the dataset over the course of the entire period. Notably, the values of goods for each type imported from China were somewhat higher in 2004 compared to 2003, demonstrating the highest figure for telecommunication equipment in the former year; meanwhile, toys and sports tools had the most marginal numbers in the latter.
In 1998, the value of products that Australia imported from China was at 20 ($ billion) compared to 10 for exported goods. Both statistics saw a steady increase over the years by approximately 3 in each time span, reaching nearly 40 and 30, respectively.
With respect to the value of goods for each type, clothes demonstrated parity in both 2003 and 2004, at 4, whereas toys/sport equipment and telecommunication tools had a significant increase in value, from 2 to around 7 for the former and from 5 to 8 for the latter, in billion dollars. In contrast, the remaining types, computers and furniture, recorded relatively similar figures in both years, approximately 5 in 2003 and 6 in 2004.
