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Research on the Evolution of Global Electronics Trade Network Structure since the 21st Century from the Chinese Perspective

Author

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  • Xiaodong Zhu

    (Business School, University of Shanghai for Science and Technology, Shanghai 200093, China)

  • Xin Liu

    (Business School, University of Shanghai for Science and Technology, Shanghai 200093, China)

Abstract

With the development of technology and the widespread adoption of digital technology, the trade volume of electronic products keeps improving. For a country’s trade situation, it is important to study the global trade of electronic products. In this paper, the data on global trade in electronic products from 240–246 countries and regions from 2000 to 2021 are used to create complex network models. Characteristic indicators, such as the network density, average clustering coefficient, average path length, and centrality are used to analyze the evolution of the global electronic product trade network pattern. The results of the complex network analysis show the following: (1) Since 2000, global electronic products have shown a trend of fluctuating growth, showing a state of three-pole differentiation. In addition, the trade volume is unevenly distributed, with the United States and China in the leading positions. (2) The global electronics trade network has significant scale-free and small-world characteristics, with high network density and close ties between countries. (3) There are differences between the closeness centrality and the betweenness centrality of the global electronic product trade network. The core countries are mainly in Europe and North America, while the influence of Asian countries is rising. (4) The global electronic product trade network has a clear division of communities and undergoes dynamic evolution. (5) Global electronic product trade is influenced by natural resources, economic and technological strength, political culture, and other factors. Finally, three policy suggestions are made for the development of China’s electronics trade.

Suggested Citation

  • Xiaodong Zhu & Xin Liu, 2023. "Research on the Evolution of Global Electronics Trade Network Structure since the 21st Century from the Chinese Perspective," Sustainability, MDPI, vol. 15(6), pages 1-19, March.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:6:p:5437-:d:1101786
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    References listed on IDEAS

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