The competitiveness of natural rubber by exporting countries in the global market

Abstract

The increased in global demand for natural rubber commodities opens opportunities for natural rubber exporting countries to compete with their competitors. Competitiveness is the main provision to be able to compete well. Therefore, this research was conducted to determine the export competitiveness of natural rubber by exporting countries and to determine the position of the natural rubber commodity of each exporter in the global market. The research data were secondary data sourced from Trademap in the period of 2001-2019. Furthermore, the data were analyzed using revealed comparative advantage (RCA) index and export product dynamics (EPD) methods. The results of the analysis show that Thailand, Indonesia, and Malaysia are able to produce natural rubber commodities with strong competitiveness. EPD analysis also shows that Thailand, Indonesia, and Malaysia respectively have a rising star, lost opportunity, and retreat positions in natural rubber commodities traded on global markets.