The impact of the Covid-19 pandemic on the Indonesian export and import of food crops Online publication date: Tue, 27-Feb-2024
by Adang Agustian; Rizma Aldillah; Imam Mujahidin Fahmid; Darmawan Salman; Wahyudi; Benny Rachman; Sri Hery Susilowati; Sumaryanto; Chairul Muslim; Kurnia Suci Indraningsih
International Journal of Trade and Global Markets (IJTGM), Vol. 19, No. 1, 2024
Abstract: During the Covid-19 pandemic global economic growth including Indonesia decreased up to 5-6%. Trading volume decreased 9.2% and international cargo transportation decreases 23%. The objective of this paper is to understand the impact of Covid-19 on the balance and position of Indonesian Food Crops international trade in ASEAN. Trade value balance for Indonesian food crops before the pandemic in average suffered a deficit of USD 3.309.449. During the pandemic, the projection for the trade value balance was a deficit of USD 2.966.515. There is an optimistic potential of market share development for rice and maize in Malaysia, Thailand, and Vietnam due to the value's position in falling star and rising star quadrant. To enhance competitiveness of food crop's export, several policies needed are: incentives for cultivation, optimisation of farmer institution, tariff regulation, quota system, and import license.
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