Trade Specialization Index (TSI) is employed to analyze the position or stage of product development. TSI index can describe certain types of products, whether Indonesia has a tendency to be the exporting or importing country. The purpose of this study was to analyze the Indonesian Seaweed Trade Specialization Index. The data were obtained from the secondary data, namely the UN Comtrade in 2017 and 2018. The data presented the value of seaweed commodity exports to all countries in the world and the value of seaweed imports during 2017 and 2018. The formula used in analyzing this Trade Specialization Index was the Indonesian export value minus the import of seaweed then the result was compared to the total value of exports and imports of Indonesian seaweed. The calculation results indicated that the Indonesian Seaweed Trade Specialization Index was 0.93. This suggests that Indonesia has strong competitiveness or Indonesia has a tendency to be an exporter of seaweed commodities. Therefore, it can be concluded that Indonesian seaweed supply is greater than domestic demand.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.