TITLE:
Analysis of Trade Specialization and Competitiveness of Indonesian Coconut Oil in the International Market (2010-2020)
AUTHORS:
Liu Xia, Siska Setiya Dewi
KEYWORDS:
RCA, TSI, Competitiveness, Exports, Coconut Oil, Indonesia
JOURNAL NAME:
Open Journal of Business and Management,
Vol.10 No.1,
January
14,
2022
ABSTRACT: Processed
coconut products are one of Indonesia’s leading export commodities. Coconut can
be processed into several products including coconut milk, copra, and coconut
oil. In this study researchers focused on processed coconut products in the
form of coconut oil, namely crude coconut oil with HS code 151311 and virgin
coconut oil with HS code 151319. The researcher conducted an analysis of the
trade specialization and competitiveness of Indonesian coconut oil in the
international market. A quantitative research method was deployed in this study with secondary
data obtained from several sources relevant to the topic of this research, such
as the United Nations Commodity Trade, Statistics Indonesia, the Ministry of
Agriculture of the Republic of Indonesia and the Ministry of Trade of the
Republic of Indonesia. The data analysis method used in this study is the Trade
Specialization Index (TSI) which is used to analyze the trade specifications of
Indonesian coconut oil and Revealed Comparative Advantage (RCA) which is used
to analyze the comparative competitiveness of Indonesian coconut oil. The results
in this study are the trade specialization of Indonesian coconut oil is at the
maturity stage which means Indonesia tends to be a coconut oil-exporting
country, with a TSI value of Indonesian crude coconut oil (0.94) and Indonesian
virgin coconut oil (0.99). The results of the RCA research also show positive
things for Indonesian coconut oil, where crude coconut oil and virgin coconut
oil get an RCA value of more than 1 which means Indonesian crude coconut oil
and Indonesian virgin coconut oil have comparative advantages and strong
competitiveness in the international market with the average RCA value of crude
coconut oil (30.67) and virgin coconut oil (27.07).