The illustration depicts the percentage of goods that was exported from Australia on the years 2005 and 2010.
Overall, While the type of goods exported has remained similar, there is a significant difference on the export shares of each of the products, which is noted by visible shifts. Generally, Coal stands as one of the most crucial materials exported and is closely followed by Iron. On the other hand, Fish export is the least.
Coal’s improtance for the economy is can not be understated, considering that it consisted 32 % of export share in 2005, which by 2010 had increased by more than 11% to contribute 42 % of the export bulk. This is complimented by slight increament on the export of vehicles from 2% in 2005 to 5 % in 2010.
Contrary to this, Iron’s share of the export has sharply decreased in 2010 to 20 % from previous level of 27% in 2005 and alongside Iron, Wheat has dropped considerably by 6% of the export market. Other less notable declines are seen on Fish and Wool.
