Export Performance of CPO and RPO: A Comparative Study between Indonesia and Malaysia
Mahatma Windrawan Inantha, Tulus T.H. Tambunan, Tri Kunawangsih P
Journal of Economics, Management and Trade · pp. 52–66 · Published 1 Sep 2024
10.9734/jemt/2024/v30i91241Abstract
This study was conducted with the aim of analysing the comparison of export performance of CPO and RPO commodities between Indonesia and Malaysia as the main exporting countries of CPO and RPO commodities. The assessment of export performance was carried out using 4 measurement indicators, namely Market Concentration with HHI, export commodity competitiveness with RCA, export commodity position with TSR and export changes using CMS. The research period is time series data 2010-2022. The research findings show 1) Market Concentration for CPO and RPO commodities is still concentrated in 2 main exporting countries, namely Indonesia and Malaysia with a higher concentration level of RPO commodities than CPO; 2) The competitiveness of Indonesian and Malaysian CPO and RPO export commodities is very strong because it has an RCA value far above 1 where for CPO commodities Malaysia's competitiveness performance is better than Indonesia and vice versa for RPO commodities, Indonesia's competitiveness performance is better: 3) The position of CPO and RPO in world trade for both Indonesia and Malaysia is already in the maturation stage where Indonesia's performance for both CPO and RPO is better than Malaysia because it has a greater TSR value; 5) CMS performance for CPO and RPO commodities for both Indonesia and Malaysia is still inconsistent, namely ups and downs as a result of the effects of world growth and the effects of competitiveness which also includes six supporting elements namely stakeholder engagement, governance and leadership, sustainability outlook, social strategy, social strategy, environmental strategy and economic strategy.
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