dc.description.abstract | The economic growth of a country is inseparable from the balance of
trade, mainly the export and import activity. Globalization urges a
country to actively socialize and provide infrastructure and facilities to
support productivity and improve competitiveness in the international
market. Increasing commodity export value affects the balance of trade
to reach surplus, and increasing import value causes the balance of
trade deficit. This study aims to analyze Indonesia’s non-oil and gas
commodity market concentration. Trade Specialization Ratio (TSR)
result shows a tendency for Indonesia’s non-oil and gas commodities
to be both exporters and importers before and during the COVID-19
pandemic. The strategic plan to increase the product competitiveness in
the international market can be in the form of increased productivity
and quality; cooperating with several parties such as central and
regional government, private parties, and also the general public
in the planning for differentiating products and export destination,
compliance with international product certification standard, tariff
policy, and strengthening the economic institutions within the trade
activity. Those efforts are taken to achieve national economic growth
and decrease regional economic disparities. | en_US |