The line graph illustrates the percentage of Australian exports to Japan, the US, China, and India from 1990 to 2012.
Overall, Japan and the US witnessed a declining trend in Australian exports, whereas China and India experienced an upward trajectory. Particularly, China demonstrated a consistent increase in the proportion of Australian exports throughout the period.
Commencing at approximately 28% in 1990, the percentage of Australian exports to Japan gradually declined to 20% by 2005 and eventually reached around 19% in 2012. In contrast, the US started at nearly 10% in 1990, fluctuated between 10-11% until 2004, and then decreased to about 5% by 2012.
Conversely, China’s share of Australian exports began at about 5% in 1990, remained relatively steady until 2003, and then surged significantly to approximately 30% by 2012. Similarly, India’s export percentage started at around 1% in 1990, saw a gradual rise to almost 2% by 1998, fluctuated between 2-5% until 2009, and managed to reach to nearly 6% by 2012.