Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market

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.

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Publication Details

Journal
Advances in Economics and Business
Published
2024-10-01
DOI
https://doi.org/10.13189/aeb.2024.120301
Primary Topic
Global trade and economics
Type
article
Field-Weighted Citation Impact
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article

Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market

Ebban Bagus Kuntadi, Agus Supriono, Ati Kusmiati, Mutiara Ria Despita Maharani et al.
Advances in Economics and Business
Global trade and economics
article

Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market

Ebban Bagus Kuntadi, Agus Supriono, Ati Kusmiati, Mutiara Ria Despita Maharani, Yuli Hariyati, Titin Agustina
article en

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.

Advances in Economics and BusinessVol. 12(3)
Universitas Jember (ID)
Openalex Percentile: Top 64%
Global trade and economics
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Competitiveness of Indonesia and Thailand's TSNR (Technically Specified Natural Rubber) Exports in the International Market — Ebban Bagus Kuntadi, Agus Supriono, et al. · Advances in Economics and Business (2024) | TGRS Research Map | TGRS