The illustrated line graph provides information on the proportion of Australian exports with four countries (Japan, US, China and India) between 1990 and 2012.
Overall, it is clear that the percentage of trade followed an upward trend constantly only with China, whereas the business with Japan and US fell apart since 1990.
Initially, the percentage of Australia’s exports with Japan was highest at 27%, which fell sharply to 20% in 1995. The figure continued to decrease but at a ignorable rate and reached the lowest point in 2012. Similarly, the percentage of exports to the US decreased significantly to 9% from 13% in the first five years. Although the figure bounced back in between, by the end of 2012 it was recorded at mere 6%.
With regard to exports with China, the number went up at a dying pace from 2% to 5% in the first decade. However, in the coming 10 years it skyrocketed above a quarter surpassing both Japan as well as the US and reached the 30% mark by 2012. In comparison, a noticeable growth of export with India was seen between 2000 and 2010, although in the last two years the number declined slightly.
