The line graph reveals the amount of money earned from Australia trading with China, Japan and the United States from 2004 to 2009. Units are measured in Australian dollars.
Overall, the value of Australian making transactions significantly fluctuated with China and Japan while remained stable with the United States over the period. While the value of imports from Japan was higher than the figure exports to this country, those for exports to the USA and China were higher almost all the time surveyed.
Regarding Japan, Australia ran a trade deficit throughout the period. From nearly 20 billion dollars in 2004, the figure for imports dramatically went up to the highest point of 40 billion dollars in 2008 and declined to more than 30 billion dollars a year later. In terms of the value of exports to Japan, there was a slight fluctuating increase from 10 billion to approximately 14 billion dollars 5 years later.
In contrast, the amount of Australian goods exported to the United States was much higher than that of goods imported from the USA. The exports value went from below 30 billion dollars in 2004 to nearly 31 billion dollars in 2009, while the imports value rose by 1 billion to about 11 billion dollars in 5 years.
In addition, the value of imports from China grew from about 12 billion dollars to a peak of 40 billion dollars. The value of exports also witnessed an increase to approximately 32 billion dollars in 2009.
The line graph reveals the amount of money earned from Australia trading with China,
Japan
and the United States from 2004 to 2009. Units
are measured
in Australian dollars.
Overall
, the
value
of Australian making transactions
significantly
fluctuated with China and
Japan
while remained stable with the United States over the period. While the
value
of
imports
from
Japan
was higher than the figure
exports
to this country, those for
exports
to the USA and China were higher almost all the time surveyed.
Regarding
Japan
, Australia ran a trade deficit throughout the period. From
nearly
20
billion
dollars
in 2004, the figure for
imports
dramatically
went up to the highest point of 40
billion
dollars
in 2008 and declined to more than 30
billion
dollars
a year later. In terms of the
value
of
exports
to
Japan
, there was a slight fluctuating increase from 10
billion
to approximately 14
billion
dollars
5 years later.
In contrast
, the amount of Australian
goods
exported to the United States was much higher than that of
goods
imported from the USA. The
exports
value
went from below 30
billion
dollars
in 2004 to
nearly
31
billion
dollars
in 2009, while the
imports
value
rose by 1
billion
to about 11
billion
dollars
in 5 years.
In addition
, the
value
of
imports
from China grew from about 12
billion
dollars
to a peak of 40
billion
dollars
. The
value
of
exports
also
witnessed an increase to approximately 32
billion
dollars
in 2009.