Journals Information
Advances in Economics and Business Vol. 12(3), pp. 23 - 32
DOI: 10.13189/aeb.2024.120301
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Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market
Mutiara Ria Despita Maharani *, Titin Agustina , Ati Kusmiati , Yuli Hariyati , Ebban Bagus Kuntadi , Agus Supriono
Agribusiness Study Program, Faculty of Agriculture, Jember University, Indonesia
ABSTRACT
Indonesia, as the world's first TSNR exporter, is not necessarily able to compete with Thailand in the international market. Indonesia's natural rubber productivity is relatively low compared to Thailand, which has caused several TSNR factories to stop operating. The existence of global competition requires TSNR Indonesia to be able to compete with Thailand. The aim of this research is to analyze the competitiveness, market position and export development potential of TSNR Indonesia and Thailand. This research uses quantitative analytical methods. The data analysis used is RCA (Revealed Comparative Advantage), EPD (Export Product Dynamic) and X-Model Potential Export Products. The research results show that Indonesia and Thailand's TSNR exports have a high comparative advantage in the five export markets. Indonesia's TSNR exports do not have a competitive advantage in the five export destination countries, while Thailand's TSNR exports have a competitive advantage in the United States, India and South Korea. Indonesia's TSNR export markets are the United States, Japan, China and India as potential markets and South Korea as a less potential market. Thailand's TSNR export markets in the United States, India and South Korea are optimistic markets, while Japan and China are potential markets.
KEYWORDS
TSNR, Competitiveness, RCA, EPD, X-Model, Indonesia, Thailand
Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Mutiara Ria Despita Maharani , Titin Agustina , Ati Kusmiati , Yuli Hariyati , Ebban Bagus Kuntadi , Agus Supriono , "Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market," Advances in Economics and Business, Vol. 12, No. 3, pp. 23 - 32, 2024. DOI: 10.13189/aeb.2024.120301.
(b). APA Format:
Mutiara Ria Despita Maharani , Titin Agustina , Ati Kusmiati , Yuli Hariyati , Ebban Bagus Kuntadi , Agus Supriono (2024). Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market. Advances in Economics and Business, 12(3), 23 - 32. DOI: 10.13189/aeb.2024.120301.