Analysis of the Factors Affecting Seaweed Exports From Indonesia to China

Abstract

Seaweed is one of the main commodities in the aquaculture of Indonesia and has been exporting seaweed to China as the main destination country. Every year Indonesia exports seaweed to China with a very large volume compared with exports to other countries around the world. This situation makes Indonesia dependent on the level of seaweed exports to China. The purpose of this research is to know how some factors affect related to seaweed export from Indonesia to China to determine how to increase seaweed. By using quantitative method, this research analyzes the effect of those factors on seaweed export from Indonesia to China from 2000 to 2021. Those factors are Price of Seaweed, Exchange Rate, Indonesia Inflation, GDP of China, and Volume Production of Seaweed in Indonesia. The data is time series that is gotten from UN Comtrade, Badan Pusat Statistik Indonesia or Indonesian Central Bureau of Statistics, World Bank, and Marine and Fisheries Ministry Indonesia. This research uses Multiple Linear Regression method and is processed with SPSS IBM software 26. The result of this research is that Indonesia Inflation, GDP China, and Volume Production Seaweed have positive effect on Total Seaweed Export to China, Exchange Rate has negative effect towards Total Seaweed Export to China, and Price Seaweed has no significant effect on Total Seaweed Export to China.