Analysis of Korea's Export Competitiveness with Indonesia and the Utilization of the Korea-Indonesia CEPA

Korean Academy Of International Commerce Pub Date : 2023-03-31 DOI:10.18104/kalc.2023.38.1.197

Sung-Ryong Kim

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Abstract

Purpose: This study analyzes the export competitiveness of Korean products in the Indonesian market. It suggests ways to use the Korea-Indonesia CEPA. Research design, data, and methodology: Export statistics on the main products in auto parts and the steel and petrochemical industries are extracted in terms of HS 4 units from the International Trade Centre Trade Map. The Trade Specialization Index (TSI) is calculated for Korea and Indonesia, and the Market Comparative Advantage (MCA) index is calculated for Korea and ASEAN countries in the Indonesian market. Results: From analyzing the TSI, Korea is dominant in the Indonesian market. Under the MCA index, compared to ASEAN countries, Korea had an absolute advantage in steel products. However, the petrochemical sector is competitive, and the auto parts industry is inferior. Conclusions: The automotive parts industry and the steel products industry are predicted to increase their competitiveness, but the analysis showed it will not be easy. In addition, the petrochemical sector should be more aggressive in marketing Korean companies by using the KI-CEPA, because local companies in Indonesia are increasingly competitive.

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韩国对印尼出口竞争力分析与韩印尼CEPA的运用

目的:分析韩国产品在印尼市场的出口竞争力。并提出了利用韩印尼CEPA的方案。研究设计、数据和方法:从国际贸易中心贸易图中提取汽车零部件、钢铁和石化行业主要产品的出口统计数据，以HS 4单位计算。在印度尼西亚市场上，以韩国和印度尼西亚为对象计算贸易专门化指数(TSI)，以韩国和东盟国家为对象计算市场比较优势指数(MCA)。结果:从TSI分析来看，韩国在印尼市场占据主导地位。在MCA指数中，与东盟国家相比，韩国在钢铁产品方面具有绝对优势。然而，石油化工行业具有竞争力，汽车零部件行业处于劣势。结论:预测汽车零部件行业和钢铁产品行业的竞争力将会提高，但分析表明这并不容易。另外，印尼国内企业的竞争力也在不断增强，因此，石化企业应积极利用KI-CEPA对韩国企业进行营销。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Korean Academy Of International Commerce

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