Model Answer

The given graph and table illustrate the changes in export earnings for a country across several industries from 2015 to 2016 measured in billions of dollars. Looking from an overall perspective, it is readily apparent that all earnings experienced rises except for gems and jewellery, which experienced a moderate drop. The majority of earnings came from petroleum and engineered goods, while textiles and engineered goods made the largest percentile jumps.

The two main exports were petroleum products, which went from just over $61 billion in 2015 to around $63 billion by 2016, and engineered goods ($58 billion to $62 billion). That translates to a 3% rise for petroleum and a more sizeable increase of 8.5% for engineered products.

Compared to these two exports, the other products were much lower. Gems and jewellery, the only export to decrease, went down 5.18% from $43 billion to $41 billion. Despite this drop, agricultural goods were lower throughout the period at around $31 and just over $31 billion in 2015 and 2016, respectively. Textiles were the lowest in 2015 at around $26 billion but had pulled approximately level with agriculture by 2016.