Main Article Content
Abstract
Crude palm oil (CPO) is a key global commodity. However, sustainability-related trade pressures, especially the European Union Renewable Energy Directive II (RED II), increasingly shape its export performance. This study examines CPO export competitiveness among CPOPC member countries—Indonesia, Malaysia, Papua New Guinea, and Honduras—over 2010–2024, and compares the pre-RED II (2011–2017) and post-RED II (2018–2024) periods. The analysis uses annual trade data, with 2024 as the latest full calendar year with complete annual observations available at the time of data extraction. Using a descriptive comparative quantitative approach and secondary trade data, the analysis evaluates comparative advantage through RCA and RSCA. It assesses competitive dynamics using Export Product Dynamics (EPD) and the Export Competitiveness Index (ECI). The analysis tests period differences with the Wilcoxon Signed-Rank test. The results confirm persistent comparative advantage across all members, but show heterogeneous competitive positioning: Indonesia is classified as a “lost opportunity,” while Malaysia, Papua New Guinea, and Honduras are categorized as “rising stars.” The RED II-period comparison shows no statistically significant median differences in RSCA or ECI. The available seven-year paired observations do not provide sufficient evidence of a discrete shift between the two periods. From a policy perspective, CPOPC members should focus not only on maintaining comparative advantage but also on strengthening market diversification, downstream processing, sustainability compliance, and export-market adaptability. These findings emphasize the importance of integrating comparative and competitive indicators to capture structural differences and dynamic market responses among palm oil exporting countries.
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References
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- Arsyad, M., Amiruddin, A., Suharno, S., & Jahroh, S. (2020). Competitiveness of Palm Oil Products in International Trade: An Analysis between Indonesia and Malaysia. Caraka Tani: Journal of Sustainable Agriculture, 35(2), 157. https://doi.org/10.20961/carakatani.v35i2.41091
- Astari, A. J., Lovett, J. C., & Wasesa, M. (2025). Sustainable pathways in Indonesia’s palm oil industry through historical institutionalism. World Development Sustainability, 6, 100200. https://doi.org/10.1016/j.wds.2024.100200
- Cieslik, A. C., & Parteka, A. (2021). Relative Productivity, Country Size and Export Diversification. Structural Change and Economic Dynamics, 57, 28–44. https://doi.org/10.1016/j.strueco.2021.01.002
- Curzi, D., Schuster, M., Maertens, M., & Olper, A. (2020). Standards, trade margins and product quality: Firm-level evidence from Peru. Food Policy, 91, 1–14. https://doi.org/10.1016/j.foodpol.2020.101834
- Dermoredjo, S. K., Darmawan, D. H. A., Sumedi, Mutaqin, Dani, F. Z. D. P., Yusuf, E. S., Pasaribu, S. M., Sayaka, B., Wardana, I. P., Adnyana, I. M. O., Estiningtyas, W., & Antriyandarti, E. (2025). The global sway of Indonesian palm oil: An export analysis. Journal of Agriculture and Food Research, 22, 102064. https://doi.org/10.1016/j.jafr.2025.102064
- Fitrady, A., Cahyaningsih, A., & Nugrahaningsih, F. (2026). At what cost? Economic and fiscal trade-offs of Indonesia’s biodiesel program. Energy Policy, 212, 115134. https://doi.org/10.1016/j.enpol.2026.115134
- Halimatussadiah, A., Nainggolan, D., Yui, S., Moeis, F. R., & Siregar, A. A. (2021). Progressive biodiesel policy in Indonesia: Does the Government’s economic proposition hold? Renewable and Sustainable Energy Reviews, 150, 111431. https://doi.org/10.1016/j.rser.2021.111431
- Hassan, M. A., Farid, M. A. A., Zakaria, M. R., Ariffin, H., Andou, Y., & Shirai, Y. (2024). Palm oil expansion in Malaysia and its countermeasures through policy window and biorefinery approach. Environmental Science & Policy, 153, 103671. https://doi.org/10.1016/j.envsci.2024.103671
- Higgins, V., & Richards, C. (2019). Framing sustainability: Alternative standards schemes for sustainable palm oil and South-South trade. Journal of Rural Studies, 65, 126–134. https://doi.org/10.1016/j.jrurstud.2018.11.001
- Holzner, M., Tkalec, M., & Vukšić, G. (2019). Composition of trade flows and the effectiveness of fiscal devaluation. The World Economy, 42(2), 453–477.
- Juhro, S. M., Anugrah, D. F., Imron, H. J., & Boty, C. N. (2026). Environmental policy and palm oil exports: Indonesia’s competitiveness under the EUDR. Innovation and Green Development, 5(4), 100378. https://doi.org/10.1016/j.igd.2026.100378
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- Lee, D., & Zhang, H. (2022). Export diversification in low-income countries and small states: Do country size and income level matter? Structural Change and Economic Dynamics, 60, 250–265. https://doi.org/10.1016/j.strueco.2021.11.017
- Maulana, F. R., Sukiyono, K., Nusril, & Sriyoto. (2023). Analysis of Indonesian Palm Oil Competitiveness in the Main Export Destination Countries. InJAR Indonesian Journal of Agricultural Research Analysis, 06(02), 68–78. https://doi.org/10.32734/injar.v6i2.11420
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- Papilo, P., Marimin, M., Hambali, E., Machfud, M., Yani, M., Asrol, M., Evanila, E., Prasetya, H., & Mahmud, J. (2022). Palm oil-based bioenergy sustainability and policy in Indonesia and Malaysia: A systematic review and future agendas. Heliyon, 8(10), e10919. https://doi.org/10.1016/j.heliyon.2022.e10919
- Ramadhani, T. N., & Santoso, R. P. (2019). Competitiveness analyses of Indonesian and Malaysian palm oil exports. Economic Journal of Emerging Markets, 11(1), 46–58. https://doi.org/10.20885/ejem.vol11.iss1.art5
- Rizki, N. A., Watulingas, J. R., & Asnawati. (2023). Analisis Perbedaan Nilai Setiap Siklus dalam Penelitian Tindakan Kelas Menggunakan Uji Wilcoxon. Buana Matematika: Jurnal Ilmiah Matematika Dan Pendidikan Matematika, 13(2), 169–180. https://doi.org/10.36456/buanamatematika.v13i2.7258
- Rum, I. A., Tukker, A., De Koning, A., & Yusuf, Arief. A. (2022). Impact assessment of the EU import ban on Indonesian palm oil: Using environmental extended multi-scale MRIO. Science of The Total Environment, 853, 158695. https://doi.org/10.1016/j.scitotenv.2022.158695
- Saban, A., & Novianti, T. (2023). Perbandingan Daya Saing Crude Palm Oil Indonesia dengan Malaysia di Negara Tujuan Utama Ekspor: Comparison of the Competitiveness Crude Palm Oil of Indonesia with Malaysia in Main Export Destination Countries. Buletin Ilmiah Litbang Perdagangan, 17(2), 225–246. https://doi.org/10.55981/bilp.2023.89
- Sapto, Marwanti, S., Hastuti, D., & Fachriyani, A. (2024). Analisis Daya Saing Ekspor Teh Indonesia di Pasar Asia Tenggara Tahun 2012-2021. Agricultural Socio-Economic Empowerment and Agribusiness Journal, 3(1), 57–65. https://doi.org/10.20961/agrisema.v3i1.87516
- Shepherd, B. (2021). Effective Rates of Protection in a World With Non-Tariff Measures and Supply Chains: Evidence from ASEAN. Economic Research Institute for ASEAN and East Asia., (394), 1–47.
- Sukmaya, S. G., Nurdiani, U., Hidayati, R., & Harmaidi, D. (2022). Export Performance and Comparative Advantage of Indonesian Tropical Fruits. E3S Web of Conferences 361, 02005, 1–13. https://doi.org/10.1051/e3sconf/202236102005
- Sulaiman, A. A., Amruddin, A., Bahrun, A. H., Yuna, K., & Keela, M. (2024). New Challenges and Opportunities of Indonesian Crude Palm Oil in International Trade. Caraka Tani: Journal of Sustainable Agriculture, 39(1), 94–106. https://doi.org/10.20961/carakatani.v39i1.81957
- Tandra, H., Suroso, A. I., Syaukat, Y., & Najib, M. (2022). The Determinants of Competitiveness in Global Palm Oil Trade. Economies, 10(6), 1–20. https://doi.org/10.3390/economies10060132
- Tandra, H., Suroso, A. I., Syaukat, Y., & Najib, M. (2023). Relative Export Competitiveness in Indonesian and Malaysian Palm Oil Downstream Products. Jurnal Manajemen Dan Agribisnis. https://doi.org/10.17358/jma.20.3.343
- Tyson, A., & Meganingtyas, E. (2022). The Status of Palm Oil under the E uropean Union ’ s Renewable Energy Directive: Sustainability or Protectionism ? Bulletin of Indonesian Economic Studies, 58(1), 1–42. https://doi.org/10.1080/00074918.2020.1862411
- UNCTAD. (2023). The State of Commodity Dependence 2023. In Unitted Nations Conference on Trade and Development (No. 9789213000533).
- Utsaha, A., Utami, A. D., & Suharno, S. (2022). Perbandingan Daya Saing Crude Palm Oil (CPO) Antara Indonesia dan Malaysia di Pasar Internasional. Jurnal Penelitian Kelapa Sawit, 30(2), 95–108. https://doi.org/10.22302/iopri.jur.jpks.v30i2.177
- VanderWilde, C. P., Newell, J. P., Gounaridis, D., & Goldstein, B. P. (2023). Deforestation, certification, and transnational palm oil supply chains: Linking Guatemala to global consumer markets. Journal of Environmental Management, 344, 118505. https://doi.org/10.1016/j.jenvman.2023.118505
- World Bank. (2025). Papua New Guinea Economic Update Macroeconomic Stability and Growth: Unlocking the Potential of Agriculture. https://doi.org/https://doi.org/10.1596/43392
- WTO. (2023). Trade Policy Review: Honduras (Vols. 23–3872, Issue June).
- Wulandari, W., Testriono, & Karim, M. F. (2026). Adopting the Palm Oil Moratorium Under External Pressure: Indonesia’s Response to the EU’s RED II. Forest Policy and Economics, 182, 103692. https://doi.org/10.1016/j.forpol.2025.103692
References
Antolis, A., & Pandjaitan, A. E. (2022). Renewable Energy Directive II Impact on Combating Deforestation in Indonesia. Proceedings of the 3rd Asia Pacific International Conference on Industrial Engineering and Operations Management, 3031–3038. https://doi.org/10.46254/AP03.20220510
Arsyad, M., Amiruddin, A., Suharno, S., & Jahroh, S. (2020). Competitiveness of Palm Oil Products in International Trade: An Analysis between Indonesia and Malaysia. Caraka Tani: Journal of Sustainable Agriculture, 35(2), 157. https://doi.org/10.20961/carakatani.v35i2.41091
Astari, A. J., Lovett, J. C., & Wasesa, M. (2025). Sustainable pathways in Indonesia’s palm oil industry through historical institutionalism. World Development Sustainability, 6, 100200. https://doi.org/10.1016/j.wds.2024.100200
Cieslik, A. C., & Parteka, A. (2021). Relative Productivity, Country Size and Export Diversification. Structural Change and Economic Dynamics, 57, 28–44. https://doi.org/10.1016/j.strueco.2021.01.002
Curzi, D., Schuster, M., Maertens, M., & Olper, A. (2020). Standards, trade margins and product quality: Firm-level evidence from Peru. Food Policy, 91, 1–14. https://doi.org/10.1016/j.foodpol.2020.101834
Dermoredjo, S. K., Darmawan, D. H. A., Sumedi, Mutaqin, Dani, F. Z. D. P., Yusuf, E. S., Pasaribu, S. M., Sayaka, B., Wardana, I. P., Adnyana, I. M. O., Estiningtyas, W., & Antriyandarti, E. (2025). The global sway of Indonesian palm oil: An export analysis. Journal of Agriculture and Food Research, 22, 102064. https://doi.org/10.1016/j.jafr.2025.102064
Fitrady, A., Cahyaningsih, A., & Nugrahaningsih, F. (2026). At what cost? Economic and fiscal trade-offs of Indonesia’s biodiesel program. Energy Policy, 212, 115134. https://doi.org/10.1016/j.enpol.2026.115134
Halimatussadiah, A., Nainggolan, D., Yui, S., Moeis, F. R., & Siregar, A. A. (2021). Progressive biodiesel policy in Indonesia: Does the Government’s economic proposition hold? Renewable and Sustainable Energy Reviews, 150, 111431. https://doi.org/10.1016/j.rser.2021.111431
Hassan, M. A., Farid, M. A. A., Zakaria, M. R., Ariffin, H., Andou, Y., & Shirai, Y. (2024). Palm oil expansion in Malaysia and its countermeasures through policy window and biorefinery approach. Environmental Science & Policy, 153, 103671. https://doi.org/10.1016/j.envsci.2024.103671
Higgins, V., & Richards, C. (2019). Framing sustainability: Alternative standards schemes for sustainable palm oil and South-South trade. Journal of Rural Studies, 65, 126–134. https://doi.org/10.1016/j.jrurstud.2018.11.001
Holzner, M., Tkalec, M., & Vukšić, G. (2019). Composition of trade flows and the effectiveness of fiscal devaluation. The World Economy, 42(2), 453–477.
Juhro, S. M., Anugrah, D. F., Imron, H. J., & Boty, C. N. (2026). Environmental policy and palm oil exports: Indonesia’s competitiveness under the EUDR. Innovation and Green Development, 5(4), 100378. https://doi.org/10.1016/j.igd.2026.100378
Krugman, P. R., & Obstfeld., M. (2010). International Economics 6th ed. Massachusetts: Addison-Wesley.
Lee, D., & Zhang, H. (2022). Export diversification in low-income countries and small states: Do country size and income level matter? Structural Change and Economic Dynamics, 60, 250–265. https://doi.org/10.1016/j.strueco.2021.11.017
Maulana, F. R., Sukiyono, K., Nusril, & Sriyoto. (2023). Analysis of Indonesian Palm Oil Competitiveness in the Main Export Destination Countries. InJAR Indonesian Journal of Agricultural Research Analysis, 06(02), 68–78. https://doi.org/10.32734/injar.v6i2.11420
Murphy, D. J. (2025). Agronomy and Environmental Sustainability of the Four Major Global Vegetable Oil Crops: Oil Palm, Soybean, Rapeseed, and Sunflower. Agronomy, 15(6). https://doi.org/10.3390/agronomy15061465
Nurkhoiry, R. (2017). Export Competitiveness Of Indonesia’s Palm Oil. Jurnal Penelitian Kelapa Sawit, 25(2), 105–116. https://doi.org/10.22302/iopri.jur.jpks.v25i2.29
Papilo, P., Marimin, M., Hambali, E., Machfud, M., Yani, M., Asrol, M., Evanila, E., Prasetya, H., & Mahmud, J. (2022). Palm oil-based bioenergy sustainability and policy in Indonesia and Malaysia: A systematic review and future agendas. Heliyon, 8(10), e10919. https://doi.org/10.1016/j.heliyon.2022.e10919
Ramadhani, T. N., & Santoso, R. P. (2019). Competitiveness analyses of Indonesian and Malaysian palm oil exports. Economic Journal of Emerging Markets, 11(1), 46–58. https://doi.org/10.20885/ejem.vol11.iss1.art5
Rizki, N. A., Watulingas, J. R., & Asnawati. (2023). Analisis Perbedaan Nilai Setiap Siklus dalam Penelitian Tindakan Kelas Menggunakan Uji Wilcoxon. Buana Matematika: Jurnal Ilmiah Matematika Dan Pendidikan Matematika, 13(2), 169–180. https://doi.org/10.36456/buanamatematika.v13i2.7258
Rum, I. A., Tukker, A., De Koning, A., & Yusuf, Arief. A. (2022). Impact assessment of the EU import ban on Indonesian palm oil: Using environmental extended multi-scale MRIO. Science of The Total Environment, 853, 158695. https://doi.org/10.1016/j.scitotenv.2022.158695
Saban, A., & Novianti, T. (2023). Perbandingan Daya Saing Crude Palm Oil Indonesia dengan Malaysia di Negara Tujuan Utama Ekspor: Comparison of the Competitiveness Crude Palm Oil of Indonesia with Malaysia in Main Export Destination Countries. Buletin Ilmiah Litbang Perdagangan, 17(2), 225–246. https://doi.org/10.55981/bilp.2023.89
Sapto, Marwanti, S., Hastuti, D., & Fachriyani, A. (2024). Analisis Daya Saing Ekspor Teh Indonesia di Pasar Asia Tenggara Tahun 2012-2021. Agricultural Socio-Economic Empowerment and Agribusiness Journal, 3(1), 57–65. https://doi.org/10.20961/agrisema.v3i1.87516
Shepherd, B. (2021). Effective Rates of Protection in a World With Non-Tariff Measures and Supply Chains: Evidence from ASEAN. Economic Research Institute for ASEAN and East Asia., (394), 1–47.
Sukmaya, S. G., Nurdiani, U., Hidayati, R., & Harmaidi, D. (2022). Export Performance and Comparative Advantage of Indonesian Tropical Fruits. E3S Web of Conferences 361, 02005, 1–13. https://doi.org/10.1051/e3sconf/202236102005
Sulaiman, A. A., Amruddin, A., Bahrun, A. H., Yuna, K., & Keela, M. (2024). New Challenges and Opportunities of Indonesian Crude Palm Oil in International Trade. Caraka Tani: Journal of Sustainable Agriculture, 39(1), 94–106. https://doi.org/10.20961/carakatani.v39i1.81957
Tandra, H., Suroso, A. I., Syaukat, Y., & Najib, M. (2022). The Determinants of Competitiveness in Global Palm Oil Trade. Economies, 10(6), 1–20. https://doi.org/10.3390/economies10060132
Tandra, H., Suroso, A. I., Syaukat, Y., & Najib, M. (2023). Relative Export Competitiveness in Indonesian and Malaysian Palm Oil Downstream Products. Jurnal Manajemen Dan Agribisnis. https://doi.org/10.17358/jma.20.3.343
Tyson, A., & Meganingtyas, E. (2022). The Status of Palm Oil under the E uropean Union ’ s Renewable Energy Directive: Sustainability or Protectionism ? Bulletin of Indonesian Economic Studies, 58(1), 1–42. https://doi.org/10.1080/00074918.2020.1862411
UNCTAD. (2023). The State of Commodity Dependence 2023. In Unitted Nations Conference on Trade and Development (No. 9789213000533).
Utsaha, A., Utami, A. D., & Suharno, S. (2022). Perbandingan Daya Saing Crude Palm Oil (CPO) Antara Indonesia dan Malaysia di Pasar Internasional. Jurnal Penelitian Kelapa Sawit, 30(2), 95–108. https://doi.org/10.22302/iopri.jur.jpks.v30i2.177
VanderWilde, C. P., Newell, J. P., Gounaridis, D., & Goldstein, B. P. (2023). Deforestation, certification, and transnational palm oil supply chains: Linking Guatemala to global consumer markets. Journal of Environmental Management, 344, 118505. https://doi.org/10.1016/j.jenvman.2023.118505
World Bank. (2025). Papua New Guinea Economic Update Macroeconomic Stability and Growth: Unlocking the Potential of Agriculture. https://doi.org/https://doi.org/10.1596/43392
WTO. (2023). Trade Policy Review: Honduras (Vols. 23–3872, Issue June).
Wulandari, W., Testriono, & Karim, M. F. (2026). Adopting the Palm Oil Moratorium Under External Pressure: Indonesia’s Response to the EU’s RED II. Forest Policy and Economics, 182, 103692. https://doi.org/10.1016/j.forpol.2025.103692
