Skip to main content

Competitiveness of Indonesia's live freshwater ornamental fish products

Ornamental fish are fish that are kept in maintenance containers, be it aquariums or fish ponds with the aim of being pets or decorations installed at home. Freshwater ornamental fish are ornamental fish that are kept in water that does not contain salt or ornamental fish that are kept and are fish whose habitat is in a freshwater environment.  

The potential of freshwater ornamental fish in Indonesia is quite large. Indonesia is the fifth largest ornamental fish exporting country after Singapore, Malaysia, Australia, and Myanmar with an export volume of 1,088 tons of live freshwater ornamental fish in 2023. However, when viewed from the export value for freshwater ornamental fish commodities with HS code 030111, Indonesia is ranked third largest after Japan and Singapore with a value of US $ 31,807,000 in 2023 (www.trademap.org). 

List of exporters for the selected product

Product: 030111 Live ornamental freshwater fish

Source www.trademap.org

In calculating the competitiveness of an export product, data is needed on how much the export value of the commodity to be calculated in a country, then how much is the total value of non-oil and gas exports in the exporting country and it is also necessary how much the total export value of the commodity is worldwide and how much is the total value of world non-oil and gas exports. 

The value of Indonesia's non-oil exports in 2023 reached US$242,900,000,000 (www.bps.go.id). In 2023 the total value of world non-oil and gas exports reached US$ 20,136,157,222,000. The export value of the world's freshwater ornamental fish commodity with HS code 030111 is US $ 271,099,000. (www.trademap.org). 

The competitiveness of an export product can be calculated using the calculation of the Comparative Advantage Index (Revealed Comparative Advantage - RCA) and RSCA (Revealead Symetric Comparative Advantage). A product is declared competitive if RCA>1, and not competitive if RCA<1. Then for RSCA, a product is said to have competitiveness if the RSCA calculation results have a value above zero, and is said to have no competitiveness if the value is below zero. 

From the results of the analysis and calculation of RCA and RSCA, for freshwater ornamental fish commodities with HS code 030111, the RCA value is 9.7 and the RSCA value is 0.81. Thus the ornamental fish commodity has an RCA value> 1, indicating that freshwater ornamental fish commodities in Indonesia in 2023 have competitiveness. Then for the results of the calculation of RSCA, freshwater ornamental fish commodities have a value above zero this also indicates that for ornamental fish commodities have competitiveness. 

After calculating and analyzing freshwater ornamental fish commodities in Indonesia with HS code 030111 have competitiveness in the international market, this shows that ornamental fish commodities have a competitive advantage, which is able to compete in the market. 

Popular posts from this blog

How to Choose a Good Quality of Koi Fish

Sometimes, purchasing koi fish to place in your pond can be difficult, especially when you haven’t decided which best type to take home. Well, if you ask, there are two aspects to be considered for choosing the best quality of koi fish. First, the price is the factor you need to think before making a decision. If you are a beginner, it is possible for you to make mistakes. So, it is better to choose the low-priced koi so you won't waste anything in a great deal. Second, the resilience of the koi is another thing you need to consider. As a beginner, you should anticipate the possible mistakes you will do in the future. Let's say that you may forget to feed them or clean their pond. That is why taking home koi with good resilience is a good idea. Then, after you understand those two aspects, you can read and think over the types of koi fish of good quality below. 1. Kohaku Koi Fish The impression of Kohaku Koi fish is simply iconic. Also, because of their resilience and their f...

Types of Cory Catfish and Fish Feed

(Meta description:  Cory catfish are loved for their friendly, sociable manners. They are also easily maintained. Get to know the type and how to  feed cory catfish.) Cory catfish is a favourite to those who love pet fish. They are friendly and easily maintained. Get to know the type of and how to feed cory catfish. 5 Types of Cory Catsifh                1.      Bronze cory catfish (Corydoras aeneus). This type of cory catfish can be either bronze (obviously) or green. They can grow as long as two and a half to three inches (7.5 centimetres). Another thing that affects their growth is the size of the aquarium. The bigger it is, the longer their bodies can grow.        2.      Panda cory catfish (Corydoras panda). With pale bodies, panda cory catfish have black patches on, especially around their eyes. Panda cory catfish is also often mistaken for Corydoras m...

Benefits of Maintaining Bala Sharks Fish at Home

Meta-Description: Here are some benefits of maintaining Bala Sharks fish at home. Know more to reveal what you can get from these stunning creatures. One of the exotic freshwater aquarium choices for the fish hobbyist is Bala Shark. The fish, also known as Tricolor Minow, are schooling fish that will give a magnificent addition to the tanks. And don't feel intimidated with the name, because, the only one that can relate this fish to that giant sea creature is the fin. Far from being dangerous and terrible, Bala Shark is an exotic fish with tolerant behavior and easy temperament. And there are still many benefits you can get from maintaining the fish in the tanks. Read more to know the benefits of maintaining Bala Sharks fish at home: Easy Feeding Habits Bala Shark is omnivores that naturally eat insects their own larvae and eggs, and phytoplankton. In the tanks, you can give them frozen food or dry ones. Their feeding habits are easy and won't burden you. Ho...