Proceedings of the 2nd International Conference on Contemporary Risk Studies, ICONIC-RS 2023, 21-22 September 2023, Bali, Indonesia

Research Article

Indonesia Competitiveness and Position of CPO Trade among Developing Eight (D-8) Countries

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  • @INPROCEEDINGS{10.4108/eai.21-9-2023.2345683,
        author={Nahiya Putri Faiza and Eka  Puspitawati},
        title={Indonesia Competitiveness and Position of CPO Trade among Developing Eight (D-8) Countries},
        proceedings={Proceedings of the 2nd International Conference on Contemporary Risk Studies, ICONIC-RS 2023, 21-22 September 2023, Bali, Indonesia},
        publisher={EAI},
        proceedings_a={ICONIC-RS},
        year={2024},
        month={6},
        keywords={trade competitiveness position developing eight (d-8) cpo},
        doi={10.4108/eai.21-9-2023.2345683}
    }
    
  • Nahiya Putri Faiza
    Eka Puspitawati
    Year: 2024
    Indonesia Competitiveness and Position of CPO Trade among Developing Eight (D-8) Countries
    ICONIC-RS
    EAI
    DOI: 10.4108/eai.21-9-2023.2345683
Nahiya Putri Faiza1,*, Eka Puspitawati1
  • 1: Universitas Pertamina
*Contact email: nahiyaputrifaiza@gmail.com

Abstract

Indonesia has been joined the Developing Eight (D-8) organization since 1997. However, Indonesia has not utilized yet D-8 in terms of trade benefits. Indonesia as the main exporter of the world CPO should take opportunity from the organization. This study aims to analyze the position and competitiveness of Indonesia's CPO trade among D-8 countries. The methods used in this study are Revealed Comparative Advantage (RCA), and Export Product Dynamic (EPD). Secondary series data are used as the main data in this study. The results show that Indonesia’s CPO has a strong competitiveness among D-8 countries. Although Indonesia has a high competitiveness in CPO, Indonesia must consider the position of retreat, falling star and rising star for CPO trade among D-8 countries in order to anticipate risks of the trade.