Who Will Establish New Trade Relations? Looking for Potential Relationship in International Nickel Trade

Qiaoran Yang, Zhiliang Dong, Yichi Zhang, Man Li, Ziyi Liang and Chao Ding
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Qiaoran Yang: School of Management, Hebei GEO University, Shijiazhuang 050031, China
Zhiliang Dong: Research Center of Natural Resources Assets, Hebei GEO University, Shijiazhuang 050031, China
Yichi Zhang: School of Management, Hebei GEO University, Shijiazhuang 050031, China
Man Li: School of Management, Hebei GEO University, Shijiazhuang 050031, China
Ziyi Liang: Research Center of Natural Resources Assets, Hebei GEO University, Shijiazhuang 050031, China
Chao Ding: School of Management, Hebei GEO University, Shijiazhuang 050031, China

Sustainability, 2021, vol. 13, issue 21, 1-15

Abstract: Nickel ore sand and its concentrate are the main sources of raw nickel materials in various countries. Due to its uneven distribution throughout the world, the international trade of nickel ore sand is also unstable. Looking for potential links in the changing international nickel ore trade can help governments find potential partners, make strategic preparations in advance, and quickly find new partners when original trade relationships break down. In this paper, we build an international nickel ore trade network using a link prediction method to find potential trade relations between countries. The results show that China and Italy, China and Denmark, China and Indonesia, and China and India are most likely to establish trade relations within five years. Finally, according to the research results, suggestions regarding the international nickel ore trade are proposed.

Keywords: international trade; nickel ore; link forecast; trade relationship forecast (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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