The first bar chart shows the value of goods that Australia imported from China and exported to China between 1998 and 2004. The second chart provides information about the types of goods imported from China in 2003 and 2004.
Overall, Australia imported more goods from China than it exported throughout the period. Imports from China increased steadily, while exports to China also rose but at a slower rate. In 2004, telecommunication equipment was the most imported item from China.
In 1998, Australia imported about $20 billion worth of goods from China, while exports to China were just under $15 billion. Over the years, imports grew steadily, reaching nearly $40 billion in 2004. In contrast, exports rose gradually from around $14 billion in 1998 to about $28 billion in 2004.
In terms of goods imported in 2003 and 2004, telecommunication equipment had the highest value in 2004, at about $8 billion, followed by toy/sports equipment and computers. The least imported item was toy/sports equipment in 2003, which was only around $2 billion. All product categories showed an increase in 2004 compared to the previous year.
