The given line graphs give information about the vlaue of imports and exports made by Australia with three countries between 2002 and 2005.
Overall, it is evident that in case of the USA and Japan, the value of exports was always higher than that of imports, whereas for China, the value of exports was mostly less than that of imports with an exception in the year 2003.
Australia's exports had more value than the imports throughout the period for trade with the USA and Japan. In 2002, the export value was 2. 5$AUD billion for trade with the USA. The value rose gradually, reaching a peak of approximately 3. 2$AUD billion in 2004 then fell to 2. 8$AUD by 2005. Imports followed similar trends, starting with 1. 5$AUD billion and reaching 2. 1$AUD billion in 2005, after dropping from 2. 4$AUD billion. For Japan, the figures overall increased with a dramatic rise from 1. 4$AUD billion to 2. 6$AUD billion between 2003 and 2004, after which it remained unchanged. The imports followed somewhat similar trend with an overall increase from 0. 7$AUD billion in 2002 to 1. 6$AUD billion in 2005.
Australia's trade value with China fluctuated the most. In 2002 and 2005, the import value was roughly the same (4. 5$AUD billion). Imports had the least value (2. 5$AUD billion) in 2003. For exports, the value first grew from 2. 4$AUD billion in 2002 to 4. 5$AUD billion in 2003, later it plummeted to an all-time-low of 1. 7$AUD billion in 2004. Between 2004 and 2005, the figures demonstrated growth of 1$AUD billion.
The
given
line graphs give information about the
vlaue
of
imports
and
exports
made by Australia with three countries between 2002 and 2005.
Overall
, it is evident that in case of the USA and Japan, the
value
of
exports
was always higher than that of
imports
, whereas for China, the
value
of
exports
was
mostly
less than that of
imports
with an exception in the year 2003.
Australia's
exports
had more
value
than the
imports
throughout the period for trade with the USA and Japan. In 2002, the
export
value
was 2.
5$
AUD
billion
for trade with the USA. The
value
rose
gradually
, reaching a peak of approximately 3.
2$
AUD
billion
in 2004 then fell to 2.
8$
AUD by 2005.
Imports
followed similar trends, starting with 1.
5$
AUD
billion
and reaching 2.
1$
AUD
billion
in 2005, after dropping from 2.
4$
AUD
billion
. For Japan, the figures
overall
increased with a dramatic rise from 1.
4$
AUD
billion
to 2.
6$
AUD
billion
between 2003 and 2004, after which it remained unchanged. The
imports
followed somewhat similar trend with an
overall
increase from 0.
7$
AUD
billion
in 2002 to 1.
6$
AUD
billion
in 2005.
Australia's trade
value
with China fluctuated the most. In 2002 and 2005, the
import
value
was roughly the same (4.
5$
AUD
billion)
.
Imports
had the least
value
(2.
5$
AUD
billion)
in 2003. For
exports
, the
value
first
grew from 2.
4$
AUD
billion
in 2002 to 4.
5$
AUD
billion
in 2003, later it plummeted to an all-time-low of 1.
7$
AUD
billion
in 2004. Between 2004 and 2005, the figures demonstrated growth of
1$
AUD
billion
.