DETERMINAN NILAI EKSPOR CRUDE PALM OIL (CPO) INDONESIA KE NEGARA MITRA DAGANG UTAMA DENGAN PENDEKATAN GRAVITY MODEL

Crude Palm Oil (CPO) is a commodity in the agricultural sector with the largest contribution to the value of Indonesian exports. In addition, since 2006 Indonesia has become the largest CPO producer in the world. This study was conducted to analyze the effect of Indonesia's GDP, GDP of four major trading partner countries, the rupiah exchange rate against US dollar and domestic consumption of CPO to the value of Indonesian CPO exports. The analysis technique used is panel data regression with estimation using fixed effect model. The results of this study indicate that simultaneously all variables significantly influence the value of Indonesian CPO exports. While the partial variable of GDP Indonesia and GDP of major trading partner countries have a significant positive effect. Rupiah exchange rate variable and domestic consumption have negative effect not significant. While the distance variables significantly negatively affect the value of Indonesian CPO exports. Keywords: Gravity Model, GDP, Domestic Consumption, CPO Export