ANALISIS DAYA SAING KOMPARATIF DAN DETERMINAN EKSPOR MINYAK ASIRI INDONESIA KE LIMA NEGARA TUJUAN UTAMA (2013-2024)

Abstract

This research discusses the performance of Indonesia's essential oil exports to five destination countries during the period from 2013 to 2024. Essential oil, known for its distinctive aroma and high economic value, has become one of Indonesia's potential commodities in the global market. This study aims to understand the condition of Indonesia's essential oil exports through a quantitative approach with analyses such as Revealed Comparative Advantage (RCA). The method used in this study is panel data regression analysis using Stata software. This study attempts to illustrate Indonesia's comparative competitiveness in essential oil trade while also identifying the factors that influence its export movements. The results from the RCA analysis indicate that Indonesia has strong competitiveness in the international market. The results show that the exchange rate, production, and GDP of the destination countries significantly affect Indonesia's essential oil exports.