Determinan Ekspor Kakao Indonesia ke Lima Negara Tujuan Utama (India, Amerika Serikat, China, Malaysia, dan Estonia)
DOI:
https://doi.org/10.61722/jaem.v3i3.11923Keywords:
Cocoa exports, real GDP, inflation, exchange rate, panel dataAbstract
This study has two objectives: first, to analyze the development of Indonesian cocoa export volume to major destination countries from 2016 to 2024. Second, to analyze the influence of real GDP, inflation, and exchange rates on Indonesian cocoa export volume to major destination countries from 2016 to 2024. Secondary data used in this study covers the period 2016 to 2026, sourced from the Central Statistics Agency (BPS) for export volume data, while data on real GDP, inflation, and exchange rates were obtained from the World Bank. The analytical methods used include descriptive analysis and panel data regression analysis. The results show fluctuations in the development of Indonesian cocoa export volume to five major destination countries throughout the study period. Cocoa export volume to India, China, and Estonia showed an increasing trend, while exports to the United States and Malaysia decreased during the same period. Based on panel data regression using the common effects model, real GDP and inflation significantly influence Indonesian cocoa export volume, while exchange rates do not significantly influence Indonesian cocoa export volume to these five major destination countries.
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