INFLUENCE OF THE EXCHANGE RATE, RUBBER PRODUCTION AND GDP OF THE UNITED STATES ON INDONESIAN RUBBER COMMODITY EXPORTS TO THE UNITED STATES EXPORT DESTINATION COUNTRIES

The development of Indonesia's agricultural export performance shows quite good growth, especially plantation products. One of the leading export commodities that is targeted for development because it has a fairly large market potential is rubber. The United States is one of the dominant rubber market shares in the world. This study aims to estimate the direction and magnitude of the influence of the exchange rate, rubber production, and GDP of the United States on Indonesian rubber commodity exports to the destination country of the United States in 2004-2023 using Ordinary Least Square (OLS) regression analysis. The results of this study indicate that simultaneously the exchange rate, rubber production, and GDP of the United States affect Indonesian rubber commodity exports to the destination country of the United States. While partially only GDP has a positive effect on exports. The rest, the exchange rate and rubber production do not affect Indonesian rubber commodity exports to the destination country of the United States in 2004-2023. It is hoped that the government can issue appropriate regulations related to export activities in Indonesia because in addition to palm oil and coffee commodities, rubber commodities also have great export opportunities for the Indonesian economy.