Analysis Competitiveness Indonesian Nutmeg Commodities in Global Market

Nutmeg has high economic value and is an important trade commodity for Indonesia. However, the decline in nutmeg exports shows that there are problems that must be resolved in order to remain competitive in the global market. To assess the comparative competitiveness of Indonesian nuts in export destination markets, namely China, Vietnam, India, the Netherlands, and the United States, this study uses the Revealed Comparative Advantage (RCA) method and secondary data, namely time series data for 10 years from 2013 to 2022, with a statistical descriptive approach. Based on this data, it can be concluded that Indonesian nutmeg is competitively in the global market, as evidenced by the RCA value of more than one in five export destination countries. India has the lowest RCA value, while the Netherlands is the main market with the highest value. For future development, the Indonesian government should prioritize the development of markets such as China, Vietnam, and India, and stakeholders should work together more closely to increase the competitiveness of Indonesian nutmeg commodities in the international market.

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Publication Details

Journal
Jurnal Dinamika Sosial Ekonomi
Published
2024-12-31
DOI
https://doi.org/10.31315/jdse.v25i2.13616
Primary Topic
Global Trade and Competitiveness
Type
article
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article

Analysis Competitiveness Indonesian Nutmeg Commodities in Global Market

Ernah Ernah, Antonius Souw, Muhammad Ridwan Alawi, Futri Fauza Fadillah
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Jurnal Dinamika Sosial Ekonomi
Global Trade and Competitiveness
article

Analysis Competitiveness Indonesian Nutmeg Commodities in Global Market

Ernah Ernah, Antonius Souw, Muhammad Ridwan Alawi, Futri Fauza Fadillah
article en

Abstract

Nutmeg has high economic value and is an important trade commodity for Indonesia. However, the decline in nutmeg exports shows that there are problems that must be resolved in order to remain competitive in the global market. To assess the comparative competitiveness of Indonesian nuts in export destination markets, namely China, Vietnam, India, the Netherlands, and the United States, this study uses the Revealed Comparative Advantage (RCA) method and secondary data, namely time series data for 10 years from 2013 to 2022, with a statistical descriptive approach. Based on this data, it can be concluded that Indonesian nutmeg is competitively in the global market, as evidenced by the RCA value of more than one in five export destination countries. India has the lowest RCA value, while the Netherlands is the main market with the highest value. For future development, the Indonesian government should prioritize the development of markets such as China, Vietnam, and India, and stakeholders should work together more closely to increase the competitiveness of Indonesian nutmeg commodities in the international market.

Jurnal Dinamika Sosial EkonomiVol. 25(2)
Padjadjaran University (ID)
Openalex Percentile: Top 47%
Global Trade and Competitiveness
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