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The image presents a line graph depicting the percentages of Australian export to Japan, US, China, and India from 1990 to 2012. In 1990, Japan started at just above 25%, peaked around 30% by 1995, after which it had a fluctuating decline ending close to 20% in 2012. The US began at 10%, saw a growth to 15% by 2005, followed by a decline to settle just above 5% in 2012. China's line starts at 5% in 1990, remained steady until 2000, then saw a notable increase, overtaking the US by 2005, and concluded as the top importer at approximately 30% in 2012. India shows a steady but gentle slope upwards from 0% in 1990 to just below 5% by 2012. All lines have slight fluctuations throughout the period.
Given the complexity of the image, the above description may not be entirely accurate.
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The graph illustrates the percentage of Australian exports to four major countries over a period of 22 years.
Overall, it is clear that China became the dominant export destination by the end of the period, while Japan, which initially had a stable and high share, experienced rate of decline. India and the USA, significantly, remained the lowest export destinations throughout most of the period.
In 1990, China and India had similar export percentages, both at relatively low levels. However, by 2012, China had significantly increased its share to around 30%, making it the largest importer of Australian goods. Japan followed with approximately 17%, despite a steady decline over the years.
Meanwhile, the USA and India measured for smaller shares, at about 7% and 6% respectively in 2012. This indicates a range in Australia’s trade focus towards rising markets like China, while exports to traditional partners like Japan and the USA decreased.
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