An Analysis of the Competitiveness of Indonesian Crude Palm Oil (CPO) in the International Market

International Journal of Economics and Management Studies

© 2021 by SSRG - IJEMS Journal

Volume 8 Issue 11

Year of Publication : 2021

Authors : Maulida Murdayanti, Jabal Tarik Ibrahim, Adi Sutanto

10.14445/23939125/IJEMS-V8I11P106

How to Cite?

Maulida Murdayanti, Jabal Tarik Ibrahim, Adi Sutanto, "An Analysis of the Competitiveness of Indonesian Crude Palm Oil (CPO) in the International Market," SSRG International Journal of Economics and Management Studies, vol. 8,  no. 11, pp. 46-50, 2021. Crossref, https://doi.org/10.14445/23939125/IJEMS-V8I11P106

Abstract:

The Indonesian agricultural product shows significant development with an annual average export of 3.545,2 million USD. One of the well-developed products is Crude Palm Oil (CPO). The Indonesian CPO export has been distributed to Africa, America, Europe, Australia, and mainly Asia. This export potential requires more concern to increase competitiveness in the international market. Meanwhile, this study aims to analyze the competitiveness and the potential of CPO in dominating the international market. The researchers used a descriptive-quantitative approach with the CPO export-import time-series data from 2005 to 2019. The data were collected from bps.go.id andwww.comtrade.un.org/data and then analyzed using Revealed Comparative Advantages (RCA), Acceleration Ratio(AR), and Trade Specialization Index (TSI). The results show that the Indonesian CPO has better competitiveness than the other CPO-exporting countries. Moreover, the position of competitiveness is favorable. In dominating the international market, the Indonesian CPO export outpaces the global export.

Keywords:

Competitiveness, Export, CPO (Crude Palm Oil).

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