The two line graphs provide import data in million dollars for New Zealand from Australia and Japan between 194 and 2004.
New Zealand’s expenditure on importing Australian goods starts at $4000 and gradually increases to $6500 within two years. Later, this slowly reduces and falls sharply to $3000 in 1999. After this, it took 1.5 years to steeply raise the value to $7500, followed by another rapid decline to $5000 in 2002, before gaining traction to hit a maximum spending value of $8000 on Australian goods in 2004.
With Japan, New Zealand starts at $3000 in 1994 gradually peaking to $6200 in 1997. Within the next three years, Japan’s income from exporting products to New Zealand reduces to $4100 in 1999 and peaks again to $6000 in 2000. A steep decline occurs in the following year where Japan’s income falls tremendously to $3000, which is half the maximum expense. The decline slowly continues for 3 years until the expense reaches the lowest amount of $2000 in 2004.
Overall, Australia has increased its exports to New Zealand, by doubling its amount over the decade. In contrast, Japan’s income from exports has reduced tremendously below its initial amount. Both graph show huge fluctuations in imports over the decade.
