Skip to main content

Posts

Showing posts with the label business economics

Competitiveness of Indonesian shrimp commodities in the international market

Shrimp is one of Indonesia's fishery commodities that has considerable opportunities to be marketed at home and abroad. Shrimp is obtained from cultivation in ponds in Indonesia.  Indonesia in 2023 occupied the 6th position as the largest exporter of shrimp to the world market (Trademap, 2024). The main destination countries for Indonesian shrimp exports are the United States, Japan, China, Malaysia, Taipei, Singapore, Hong Kong, Canada, Korea and Russia. Shrimp (shutterstock.com) Shrimp is one of the fishery commodities in Indonesia that has a great opportunity to be developed. Types of shrimp exported such as vaname shrimp, tiger shrimp and king prawns.  To determine whether an export product has competitiveness or not we can calculate or analyze it using the calculation of the Comparative Advantage Index (Revealed Comparative Advantage - RCA) and with the calculation and RSCA (Revealead Symetric Comparative Advantage).  In addition, to analyze the position or stage of ...