The given three line graphs illustrate how much value is gained of Australia from trading with other countries, including China, Japan, and United States over the period of five years since 2004.
Overall, there was an upward trend in Australian trading. While Australia’s exports with Japan rose steadily and it surpassed other categories to come out top through the period, the United States followed an opposite pattern. In contrast, values in imports with other countries increased slightly and remained unchanged.
Regarding the value of Australian trade with Japan, the value in the exports sector went up suddenly and became dominant from 2004 to 2009, reaching around 40 US Billion in 2008. However, the values declined gradually at the end of the period, accounting for 30 US Billion. In terms of import, the sector likewise remained roughly 20 US Billion.
As for other countries, the value in both exports and imports with China also increased remarkably at about 35 US Billion, 30 US Billion respectively. Finally, the figure for import with the United States also maintained stable at 20 US Billion and continued to decrease. Similarly, exports did not change, reaching the lowest level at approximately below 10 US Billion during the whole period.
