Analisis Dampak Black Campaign Minyak Kelapa Sawit (CPO) Terhadap Volume Ekspor CPO Indonesia

Abstract

Indonesia is the biggest producer and exporters of Crude Palm Oil (CPO) in the world. Palm oil is a vegetable oil with the highest consumption rates in the world. However, in international trade, consumers who choose to buy CPO are sensitive to negative issues or black campaign. The purpose of this study is to analyze the development of Indonesia's CPO export volume demand and analyze the impact of CPO black campaign against Indonesian CPO export volume by using secondary data from 1996 to 2011 in the form of panel data. The results showed that the volume of Indonesian CPO exports to United States, Netherlands, England and Germany has fluctuated. Regression analysis showed that the real exchange rate of rupiah, real GDP per capita of the importing country, international soybean price, CPO export price and black campaign affect the volume of Indonesia's CPO export demand. While the international CPO prices do not affect the volume of CPO export to destination countries