Export performance and export competitiveness of Indonesia's CPO industry with RSPO in China and EU markets

The implementation of the RSPO [Roundtable on sustainable palm oil] has been implemented since 2012 in the UE market, but the Chinese market has not. This study aims to describe and compare the export performance and export competitiveness of Indonesia's CPO [crude palm oil] trade in both markets. Descriptive analysis was carried out on export performance and export competitiveness in the markets of China and the European Union [EU-25]. Statistical analysis used analysis compare means independent sample t-test and paired samples test. The results of the descriptive analysis found that there were significant differences in export performance and export competitiveness of Indonesia's CPO trade in the China and EU-25 markets, with an average RCA to the Chinese market [23.65%], while the EU-25 market [109.27%]. The results of the comparison mean analysis of the independent sample t-test showed that there was no difference in trade value, but there was a significant difference in the trade quantity in the China and EU-25 markets There is a significant difference in the export competitiveness of Indonesia's CPO trade in the China and EU-25 markets The results of the compare means paired samples test showed that there was no significant difference in the performance of Indonesia's CPO exports to the China and European Union markets. However, there are differences in the competitiveness of Indonesian CPO exports in the Chinese and EU-25 markets due to the RSPO policy. This study recommends that in the future the RSPO should become a reference for developing the CPO export market