Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade

Aluminum is an essential strategic mineral resource. The geographical space distribution characteristics make the aluminum ore trade relationship more complicated. This paper analyzes the evolution characteristics, spatial migration, and trade competition of aluminum ore trade from 2011 to 2020. Thi...

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Main Authors: Yue Wang, Lu Chen, Xiaoyi Wang, Nan Tang, Xinyu Kang
Format: Article
Language:English
Published: Frontiers Media S.A. 2023-01-01
Series:Frontiers in Energy Research
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenrg.2022.1048186/full
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author Yue Wang
Lu Chen
Xiaoyi Wang
Nan Tang
Xinyu Kang
author_facet Yue Wang
Lu Chen
Xiaoyi Wang
Nan Tang
Xinyu Kang
author_sort Yue Wang
collection DOAJ
description Aluminum is an essential strategic mineral resource. The geographical space distribution characteristics make the aluminum ore trade relationship more complicated. This paper analyzes the evolution characteristics, spatial migration, and trade competition of aluminum ore trade from 2011 to 2020. This paper constructs the aluminum supply risk propagation network Aluminum Supply Risk Spread Network to analyze the propagation path, impact scope, and potential impact of different risk outbreak sources. The results show that a few countries control more aluminum ore resources, and the trade community and center of trade gravity have changed significantly. Trade competition gradually intensifies, mainly concentrated in Asia and Europe. When supply risk occurs, the threat spreads rapidly. This paper selects four major trading countries Brazil, Guinea, Australia, and China, as risk outbreak countries. Risk outbreak mainly shows three typical characteristics. Meanwhile, indirect infections account for a large proportion, and China plays an essential role in trade. Finally, based on these findings, some suggestions to maintain the stability of the aluminum resource trade and improve its ability to resist risks for China.
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spelling doaj.art-04ef72547f094f76b0c3626d3af9f76d2023-01-12T04:15:02ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2023-01-011010.3389/fenrg.2022.10481861048186Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore tradeYue WangLu ChenXiaoyi WangNan TangXinyu KangAluminum is an essential strategic mineral resource. The geographical space distribution characteristics make the aluminum ore trade relationship more complicated. This paper analyzes the evolution characteristics, spatial migration, and trade competition of aluminum ore trade from 2011 to 2020. This paper constructs the aluminum supply risk propagation network Aluminum Supply Risk Spread Network to analyze the propagation path, impact scope, and potential impact of different risk outbreak sources. The results show that a few countries control more aluminum ore resources, and the trade community and center of trade gravity have changed significantly. Trade competition gradually intensifies, mainly concentrated in Asia and Europe. When supply risk occurs, the threat spreads rapidly. This paper selects four major trading countries Brazil, Guinea, Australia, and China, as risk outbreak countries. Risk outbreak mainly shows three typical characteristics. Meanwhile, indirect infections account for a large proportion, and China plays an essential role in trade. Finally, based on these findings, some suggestions to maintain the stability of the aluminum resource trade and improve its ability to resist risks for China.https://www.frontiersin.org/articles/10.3389/fenrg.2022.1048186/fullaluminum ore tradecomplex network modelcascading failure modelrisk propagationtrade stability
spellingShingle Yue Wang
Lu Chen
Xiaoyi Wang
Nan Tang
Xinyu Kang
Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
Frontiers in Energy Research
aluminum ore trade
complex network model
cascading failure model
risk propagation
trade stability
title Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
title_full Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
title_fullStr Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
title_full_unstemmed Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
title_short Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
title_sort trade network characteristics competitive patterns and potential risk shock propagation in global aluminum ore trade
topic aluminum ore trade
complex network model
cascading failure model
risk propagation
trade stability
url https://www.frontiersin.org/articles/10.3389/fenrg.2022.1048186/full
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