The bar charts illustrate the summary of economic trading, which consisted of import and export, between Australia and China since 1998 through 2004 and the information of Australia six category imported goods in 2003 and 2004.
Overall, it was obvious that both Australia import and export kept growing steadily over the period, however, the export had increased in fascinating rate compared to the import. Besides, most of imported goods, except Clothes, had expanded since 2003 to 2004.
In 1998, there was enormous gap between import and export, which the value of import was 20 billions dollars and the value of export was only 10 billion dollars. Nevertheless, these gaps had been narrowed over the period. In 2004, despite a number of 40 billion dollars imported goods, the value of export had reached 30 billion dollars. Even if there still was 10 billions gap between those, but the export growth was growing at interesting rate.
In 2003 to 2004, there were six type of imported goods:clothes, toys/sports equipment, computers, telecommunication equipment and furniture, from China. Though, clothes remained the same over the period at 4 billion dollars, the others gained much volume. Toys/sport equipment and telecommunication equipment had received exponentially growth, accounting for 7 billion and 8 billion, respectively, whilst, computers and furniture grew only a fraction.
