BIS central bankers’ speeches  9  Graph 12  Another area where the effects of the changes in relative prices are apparent is in the composition of Australia’s exports (Graph 13). During the 1990s, exports of manufactured goods and services grew strongly, at an annual rate of around 10 per cent.
Growth then slowed in the early 2000s and it has been particularly weak over recent years. This weakness has been quite broad based, with exports of machinery and equipment, beverages and transport services all falling over the past three years.