Competitiveness of The Top 15 Main Export Destinations of Indonesia's Natural Rubber for 1991–2020
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Abstract
This study aims to analyze the position and performance of Indonesia's natural rubber exports in terms of the concept of comparative advantage in the market world. The data used in this study were sourced from UN Comtrade, which is processed with a 30-year data series (1991-2020) and is categorized into six periods. The analytical methods used are Structural Trend Ranking (STR), Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD), and X-Model. The results showed that 15 countries have consistently been the main Indonesian natural rubber market for 30 years. The RCA analysis showed that Indonesian natural rubber had strong competitiveness in all destination countries, except India in the first period. In contrast, the EPD analysis found that Indonesia's rubber market position was not always static and competitive. There was shown in the period 2011-2015, the average position of Indonesia's natural rubber market is in a market position that is not wanted to "retreat" in export destination countries. However, based on the X-Model results, the average Indonesian natural rubber is in a potential market position in all export destination countries in the 1991-2020 period.
Keywords: Export Product Dynamic (EPD), natural rubber, Revealed Comparative Advantage (RCA), Structural Trend Ranking (STR), x-model
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