The line graphs illustrate the estimated value of Australia’s commerce with three distinct countries including China, the United States of America and Japan over a four-year period between 2002 and 2005. The value was expressed in Australian dollars.
Overall, it is clear that there was a marked increase in the Australia’s trade value with all the mentioned countries. The highest transaction done by Australia was with China.
The expense of products brought from China began at approximately 4.3 billion dollars, and they dropped to 2.5 billion dollars in 2003. However, it rose sharply to 4.5 billion dollars in 2005. The exports to China doubled from almost 2.5 billion dollars to 4.5 billion dollars in 2003, while the steepest drop was noted in 2004. The imports and exports with the USA started from nearly 1.5 billion dollars to 2.5 billion dollars, respectively. They rose until 2004 and decreased in 2005, at about 2 billion dollars in imports and 2.8 billion dollars in exports. Finally, the commerce with Japan showed a significant improvement, at about 2.5 billion dollars in exported commodities and around 1.6 billion dollars in imports.