The Line chart depicts the percentage of goods traded outside Australia in four regions( Japan, the US, China, and India) between 1990 and 2012.
Overall, the trend illustrates a dramatic increase in the ratio of exports to Japan from the beginning of the period relative to its end. In contrast, there’s a significant downgrade in the amount of goods imported from China and the USA. India on the other hand, showed a marked elevation in its importing trade from Australia.
In 1990, the highest-ranked countries exporting from Australia were, Japan followed by the USA, sharing values around 27% and 12% respectively. China and India shared the lowest value of approximately 2%.In 1995 Japan and the USA demonstrated dramatic downfall to obtain ratios of 20% and 7% respectively. On the other hand, China and India showed a gradual upgrade in their trade with Australia; as a result, in 2000, China marked 5% while India’s ratio was around 3%. Meanwhile, Japan leveled out, opposing the USA which illustrated a tragic increase to 12% in the same year. Next, the USA line started to fall again to catch the zenith in 2012 of nearly 7%, While Japan imports slightly dropped to 17% at the end of the period. China started its massive elevation to climb to the highest point of 30% in 2012. India also continued to increase to reach a value of nearly 8% in 2010, followed by a hint of a drop to 6% in 2010.