Open AccessAnalysis of export performance and export competitiveness trade of crude palm oil [CPO] industry in Indonesia with RSPO in India and United States markets
Author(s) -
Hanaa. F. M. Ali,
Syafruddin Karimi,
Rudi Febriamansyah
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/497/1/012043
Subject(s) - palm oil , agricultural economics , indonesian , business , crude oil , index (typography) , value (mathematics) , significant difference , market share , export performance , economics , international trade , agricultural science , mathematics , biology , linguistics , philosophy , statistics , finance , world wide web , computer science , petroleum engineering , engineering
The implementation of the RSPO [Roundtable on sustainable palm oil] has been implemented since 2012 in the United States market, but the Indian market has not. This study aims to describe and compare the export performance and export competitiveness of Indonesia’s CPO [crude palm oil] trade in both markets. Comparison is done descriptively and the analysis of compare means independent samples t-test and paired samples test. The description of export performance measured by trade flow [value and quantity] shows the trade value of Indonesia’s CPO trade in the Indian market of USD 70,885.52 thousand with an average of USD 388,000.06 thousand in the 1996-2017 period. Whereas in the USA market it was 8,536,001 thousand USD with an average of USD 388,000.06 thousand. Export competitiveness with the RCA index in the USA market is higher than the Indian market, amounting to 26.50% and 19.24%. The results of comparing means independent samples t-test against trade value and quantity have a significant difference between Indonesia’s CPO exports in the Indian market and the USA market. However, Indonesian’s CPO export competitiveness with the RCA index does not have a significant difference in the Indian and USA markets. The results of the compare mean paired samples test before the RSPO 2006-2011 period and after the RSPO 2012-2017 period, found that the trade value of Indonesia’s CPO exports before and after the RSPO was not significant. While the trade quantity and RCA of Indonesian CPO exports there are significant differences in the Indian and US markets.