Abstract
This paper studies the evolutionary characteristics of international trade of potassium salts. We construct a weighted and directed complex network model of potassium salt trade, analyze the scale and activity, trade relations, trade flow distribution and the importance of trading countries using UN Comtrade2000-2016 data. Results show that potassium salt trade is more dynamic, resource allocation is more convenient. Some countries have formed trade groups. The relationship between small and major countries is growing. The resource flows of countries with large degrees are conducive to balancing resource’s distribution. Besides Canada is a leading trade country, and the US, the Russian Federation, China and Brazil are trade-led countries. China, the Netherlands, the US, France and India are important hubs. Finally, using Porter's national competitive advantage theory, it proposes countermeasures for forming the international competitive advantage of potassium salt enterprises in different countries.
Highlights
Trade conflicts between major powers have made international trade a global focus, and trade in resource-based products is no exception
By accurately grasping the evolutionary characteristics of the international trade of commodities, can we predict in detail the future trend of commodity trade, which is crucial for each country
We extend the complex network method to the international trade of potash
Summary
Trade conflicts between major powers have made international trade a global focus, and trade in resource-based products is no exception. The purpose of this paper is to take potash as an example to study the evolution characteristics of international trade from trade scale and activity, relations, flow distribution and participation of major countries, and to put forward countermeasures for relevant trading countries to gain competitive advantages in potash market trade.
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