Determinants of Indonesia’s Crude Coconut Oil Export Demand

Abstract

This research was intended to know the export development of Indonesia’s Crude Coconut Oil (CCO) and to analyze the determinants of its demand.  Descriptive and quantitative method by panel data regression model were explored to process secondary data of range year 2000 to 2011 as time series data and China, Netherland, Malaysia, Singapore as cross section data. The result demonstrated that Indonesia’s CCO export volume fluctuated as well as its export price, while its market share varied in four analyzed countries. The determinants of Indonesia’s CCO export demand were Indonesia’s CCO export price, importing country’s population and GDP real per capita, real exchange rate of IDR to currency of importing country and Philippine’s CCO export price.