Throughout the cocoa bean history, most of these beans have been exported to Europe (in particular Germany and the Netherlands) and the USA for grinding processing. However, the majority of Indonesia's cocoa export constitutes raw beans instead of processed cocoa, meaning that Indonesia loses out on added value revenues. The cocoa sector contributes greatly to the economy in Indonesia. Domestic cocoa price does not affect the export volume of cocoa beans. Jakarta: Raja Grafindo Persada. "The Effect of Domestic The dependent variable used in this research is the export value of Indonesian cocoa beans, while the independent variables are international price of cocoa beans, exchange rate rupiah to US$, domestic production of Indonesian cocoa beans and the Gross Domestic Product (GDP), Join ResearchGate to discover and stay up-to-date with the latest research from leading experts in, Access scientific knowledge from anywhere. ResearchGate has not been able to resolve any citations for this publication. By 2009, cocoa … Ivory Coast, Indonesia, Nigeria, Ghana and Brazil are the largest producers and suppliers of Cocoa to the international commodity export market. Ekuilibrium Jurnal Ilmiah Bidang Ilmu Ekonomi. The research on exports was divided into Indonesia's five largest export destination countries, namely, the People's Republic of China, Japan, India, USA and Singapore. Model analysis of the data in this study is using multiple linear regressions with ordinary least squares approach (OLS). 2010. Recent reports state that Indonesia's grinding capacity has expanded from 250,000 tons in 2009 to 480,000 tonnes in 2012, while cocoa exports are forecast to decline. This new export tax is an incentive for establishing more domestic fermenting industries as well as a signal for processing firms to increase their performance as there have been reports that some cocoa bean processing firms are not operating at full capacity (this could be attributed to various factors, including the country's inadequate infrastructure). In terms of export, cocoa forms Indonesia's fourth largest foreign exchange earning from the agriculture sector (after palm oil, rubber and coconut). The challenge for growers is to turn that demand for chocolate into cocoa demand. Research Methods For Business and Economics. 57-70. Until 2010, the Indonesian cocoa exports had been dominated by cocoa beans, which led the government to stimulate the processing industry by implementing cocoa export tax policy. Subscriber Update - Indonesia's 2020 Regional Elections, Indonesia Investments Report - November 2020 Edition: Indonesia-US Relations, Subscriber Update - Regional Comprehensive Economic Partnership (RCEP), Update COVID-19 in Indonesia:  605,243 confirmed infections,  18,511 deaths  (11 December 2020), Jakarta Composite Index (5,938.33)  +4.63  +0.08%, Central Bank BI 7-Day Reverse Repo November 2020 3.75%. In full-year 2015 Indonesia may export 110,000 tons of cocoa butter, up from the realization of 99,483 tons last year. 14.7% Ranked 3rd. (accessed on Indonesia's main locations of cocoa production are: 1. Erland: Jakarta. Penelitian ekspor dibagi ke dalam lima negara tujuan ekspor terbesar di Indonesia, yaitu Republik Rakyat Cina, Jepang, India, Amerika Serikat dan Singapura. "Outlok Cocoa Commodity Related news: RI`s processed cocoa exports increasing The minister welcomed the establishment of the Cocoa Technical Center by Mondelez International in Pasuruan, East Java Province, on an area spanning five hectares and at an investment of US$13 million. Throughout its history, the majority of Indonesia's cocoa production has been exported in the form of raw cocoa beans. Cocoa Production, International Cocoa Prices, Around 70% of Indonesia’s total processed cocoa products are exported. Processed Cocoa Products of Indonesia in Research Methods. May 19, 2018). And simultaneously variables: Investment, Labor, Exports, Foreign Exchange positively affected to Indonesia's Economic Growth. Center for Agricultural Data and Information Agribusiness in Indonesia is the only one of the top five cocoa-producing countries that is not located in Africa, but in Southeast Asia. International Cacao Organization (ICCO) Daily Prices of Cocoa Beans and other statistics. Indonesian smallholders contribute - by far - most of the national production, thus outperforming big state plantations and large private estates. All rights reserved. Previously, export taxes only applied to processed beans. Erland: Jakarta. Ekspor ke Jepang dipengaruhi secara signifikan oleh nilai tukar secara positif sementara rasio harga memiliki pengaruh negatif yang signifikan. In the first eight months of 2014, the export was US$69.22 million, or 99.71% of cocoa powder export. Ekspor ke India dipengaruhi secara signifikan oleh nilai tukar untuk ekspor Indonesia dan rasio harga ekspor berpengaruh negatif terhadap ekspor Indonesia. Cocoa Beans; Cocoa Beans are the basic ingredients for making chocolate and other food ingredients. The international cocoa price variable has a negative and significant effect on export volume of Indonesian cocoa beans with coefficient value of -7,073793. Cocoa is now one of Indonesia's main export commodities, which has increased employment and raised incomes in rural areas. The natural resources and advanced technology nowadays have brought the world to international trade in which many countries get involved to another in order to sell or to buy something. 2009. percent are the real prices of Indonesian cocoa exports to Malaysia and the real prices of cocoa beans the international market. Sugiyono. Yogyakarta: Student Literature. Cocoa Bean. of Business Administration. lizer price and export tax policies on Indonesia cocoa export and production. Perdagangan internasional memiliki banyak hambatan dan salah satunya adalah nilai tukar. A wide variety of indonesia cocoa bean options are available to you, such as criollo, ariba, and forastero. 2015. This partly explains why ITC has had only few and small projects in the cocoa sector in recent years. The top export opportunities for Indonesia according to the relatedness index, are Rice (0.29), Cocoa Beans (0.29), Knit Men's Undergarments (0.28), Cassava (0.28), and Tin Ores (0.28). The country's current primary competitive advantage lies in its ability to supply large quantities of cheap (lower quality) cocoa beans. http: The Effect of Domestic Cocoa Production, International Cocoa Prices, and Exchange Rates Against Indonesia's Cocoa Exports to the United States. Essay. Research Methods For 2 No. Indonesia. and The whole data used in this research are secondary data from the systematic recording in the form of time series data (time series) in the period of 2007 to 2013 which were, This study aims to analyze the factors that affect the volume of Indonesian cocoa exports to Malaysia. 2012a. Panjiva uses over 30 international data sources to help you find qualified vendors of Indonesian cocoa. m. Domestic production of Indonesian cocoa beans has a positive and significant effect on the export value of Indonesian cocoa beans. Theory of Macroeconomics. obtained from the Central Statistics Agency (BPS) of South Sulawesi Province. Wholesale Price Change. 2. Mineral fuels including oil: US$39 billion (21.3% of total exports) Animal/vegetable fats, oils, waxes: $13.8 billion (7.5%) Cocoa Exports to the United States". As the prooduction increases by 1 unit, the, the export volume of cocoa beans. Forastero is the most widely used variety of cocoa comprising around ninety percent of cocoa's world production. Center for Agricultural Data and Information Systems. 688 indonesia cocoa bean products are offered for sale by suppliers on Alibaba.com, of which cocoa beans accounts for 17%, other food processing machinery accounts for 12%, and cocoa ingredients accounts for 5%. Variabel yang berpengaruh signifikan terhadap ekspor ke AS adalah rasio harga yang memiliki hubungan negatif, dan variabel yang memiliki pengaruh signifikan terhadap ekspor ke Singapura adalah rasio harga yang memiliki hubungan negatif.Kata kunci: nilai tukar, ekspor, ordinary least square (OLS), manufaktur, PDB. The program has been active in Indonesia since 2013. West Java4. Year Indonesia exports of Cocoa; paste, not defatted was $79,798.23K and quantity 22,738,500Kg. Indonesia imposes its progressive export tax on crude palm oil based on the government’s reference price. Bogor Agricultural The result shows that the international price variable of cocoa beans has a positive and significant effect on the export value of Indonesian cocoa beans. International Markets. Website: In terms of export, cocoa forms Indonesia's fourth largest foreign exchange earning from the agriculture sector (after palm oil, rubber and coconut). Then, the second best places are in Sumatra with an area of approximately 300 thousand hectares, contributing up to 150,000 tons of production, concentrated in Aceh Province. 2018. Factors that are hampering progress in the cocoa industry are aging trees (planted in the 1980s), insufficient improved planting materials and little farm maintenance. The Here 42,669 farmers from 343 communities participate in Cocoa Life. Cocoa Beans". Nov 30, 2020 ~ Dec 07, 2020. and Exchange Rates Against Indonesia's compared to the week before +4.0%. Tujuan utama dari penelitian ini adalah untuk mengetahui dampak nilai tukar bahan baku ekspor hasil pertanian di Indonesia. It is estimated that global cocoa demand will increase by similar levels in the coming years and, as such, puts Indonesia in a potentially fortunate position as the country is one of the largest producers and exporters of this commodity. World’s largest Importers of Raw Cocoa The world’s largest importers of raw Cocoa are Holland, the US, Germany, Britain and Brazil with more than 2million tons per annum demand. Where as 60 percent of Indonesia’s cocoa area is found in Sulawesi, which contributes up to 500 million tons of national production. Anonymous. Peneliti menggunakan metode ordinary least square (OLS) untuk meneliti dampak dari variabel-variabel ini dalam penelitian ini. Hubungan Nilai Tukar terhadap Kegiatan Ekspor Manufaktur Pertanian Indonesia. After the crop is harvested, cocoa beans are dried and fermented for export to countries such as the Netherlands, Belgiu… Variable that has a significant effect for export to China is the ratio of the price that has a negative effect for Indonesian exports, and the exchange rates have significantly positive effect on Indonesian exports. JAKARTA: Shipment of Indonesia’s cocoa to overseas is forecast to decline this year as the government imposes new export tariffs and taxes. 2015. Around 90 percent of Indonesia's cocoa output is produced by smallholders who lack the financial means to optimize production capacity, resulting in declining productions due to aging trees, diseases, floods and such. Furthermore, a 5% import tax on raw cocoa beans affords Indonesian cocoa producers with an advantage in supplying raw materials to the quickly expanding downstream industry, and foreign investors are advised to seek out cooperation with local farmers to optimise cocoa bean production. Gross Domestic Product (GDP) of the world has a positive and significant effect on the export value of Indonesian cocoa beans in 1996-2015. The t test can be, production increase of 1 unit, it wil, As cocoa production in Indonesia increases, it, in Indonesia is due to the fact that when domestic, the development of domestic cocoa prices is, Indonesia to reduce the volume of imports so, export volume of cocoa beans. An ()verview of Indonesian Cocoa Area, Production and Export The expansion of Indonesia's cocoa production in recent years has been phenomenal: during the period 1980-94, cocoa … © 2008-2020 ResearchGate GmbH. Exports to Japan are influenced significantly by the exchange rate positively while the price ratio has significantly negative influence. Type of container is decided if export shipment of Cocoa and Cocoa Preparations is on FCL basis otherwise LCL if mode of shipment of Cocoa and Cocoa Preparations is by sea. The country currently has approximately 1.5 million hectares of cocoa plantations. Analysis Indonesia’s cocoa production is set to drop to 275,000 tons … RISTRY Bulletin, 3 (1): Cocoa cultivation in Indonesia is a relatively new industry. International trade has many barriers and one of them is exchange rate. Indonesia. The results of this study indicate that in period of 2007 - 2013, the partially variables: Investment has no effect to economic growth; Labor positively and significantly affected to economic growth; Export in this case net-exports a negatively and significantly affected to economic growth; and the rupiahs’ exchange rate has not affected economic growth. Moreover, because of the recent promising perspectives of the palm oil and rubber industries, some Indonesian farmers have shifted their focus towards those commodities, causing that the current 1.5 million hectares of cocoa plantations may decline further in the coming years. Multiple linear regression and ordinary least squares (OLS) were employed to analyze time series of data from 2005 until 2013. Indonesia exports of Cocoa; paste, wholly or partly defatted was $52,383.54K and quantity 19,382,500Kg. in tonsSource: International Cocoa Organization (ICCO). Cocoa butter products are exported to Europe and the United States, while cocoa powder is exported to Asia, the Middle East, Russia, Latin America, and others. Cocoa export volume from 1987-2016 Source: Central Statistic Agency, 2018, Cocoa xport growth from 1987 to 2016 Source: Central Statistic Agency, 2018, independent variables are production, domestic, dependent variable. Systems. The World Cocoa Foundation stated that annual increase in global demand for cocoa has been three percent per year, for the past hundred years. Export prices of cocoa have been very good since 2002 when compared with prices of most other agricultural products from developing countries. The most important destination countries for Indonesia's cocoa beans are Malaysia, the USA and Singapore. Variable with significant effect for export to the US is the ratio of the price that has a negative relationship, and variable that has a significant effect for export to Singapore is the ratio of the price that has a negative relationship.Keywords: exchange rate, export, ordinary least square (OLS), manufactur, GDP ABSTRAKSumber daya alam dan teknologi maju saat ini telah membawa dunia ke perdagangan internasional dengan banyak negara terlibat dengan negara lain untuk menjual atau membeli sesuatu. One important measure for this was the imposing of an export tax on raw cocoa beans in 2010 (decree No. 5.4% Ranked 6th. Indonesian cocoa. Indonesia 0.0%. 67/2010), amounting between five and 15 percent depending on world price fluctuations. Institute. 2007. Business Research Methods. One of the agricultural commodities that become the leading commodity is cocoa. The following export product groups represent the highest dollar value in Indonesian global shipments during 2019. Fermented cocoa beans, similar to Arabica coffee, is a higher quality and thus more highly valued crop. The researcher used ordinary least square method to scrutinize the impacts of these variables in this research. Recently, however, Africa is emerging as the top processor of cocoa beans. Sukirno, Sadono. The analytical method used is Multiple Linear Regression with the ordinary least squares rank method (OLS). Relatedness measures the distance between a country's current exports and each product. Puspita, Ratna., Et al. Website: https://www.bi.go.id/. Cocoa beans come in three main varieties, namely Forastero, Criollo and Trinitario. tenth edition. Yogyakarta: Student Literature. The tenth edition. Explore detailed information about Indonesia's Cocoa Bean market. Dalam penelitian ini, ekspor dipengaruhi oleh tujuan negara PDB, rasio harga, dan nilai tukar. Although it is a main flag export commodity, cocoa farming still has many challenges. Bank Indonesia. According to the International Cocoa Organisation, Indonesia’s cacao bean production has declined rapidly, falling from 410,000 tonnes in 2013 to an estimated 240,000 tonnes last year. Papua5. Objective research in this study were to identify the main destination countries for Indonesian cocoa exports and analyze the determinant factors that affect the value of Indonesian cocoa exports to the main destination countries. However, the country is facing difficulties in increasing cocoa's important role in the economic development of Indonesia. The purpose of this study is to analyze the factors that affect the export of cocoa beans. International Trade is one of the activities that plays an important role for the economy. The mainly cocoa-producing areas in Indonesia are Salatiga, Central Java. The main Indonesian cocoa producing region is the island of Sulawesi which accounts for around 75 percent of Indonesia's total cocoa production. You can discover details including real-time market prices, local product varieties, seasonality, production & export volumes, and more. The cocoa bean is one of the most important agricultural export products of Indonesia. Indonesia's cocoa processing industry has produced high-quality products in terms of the taste, aroma, and also health benefits, he remarked. Indonesia is one of the countries whose depends on exports. Exports to India are influenced significantly by the exchange rate for Indonesia’s export and the ratio of export prices influence negatively to Indonesian exports. The results showed that the variables of production have a positive and significant effect with coefficient value of 0.642607. in 2013 for some 99.69% of Indonesia's export of cocoa powder. Theory of Macroeconomics. 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World price fluctuations cultivation in the form of raw cocoa beans are,. That become the leading commodity is cocoa the country currently has approximately 1.5 million hectares of cocoa beans '' data.