Pengaruh Produksi Minyak Kelapa Sawit, Nilai Tukar Rupiah dan Inflasi terhadap Ekspor Minyak Kelapa Sawit (CPO) Indonesia

Abstract

Crude Palm Oil (CPO) is a significant commodity in Indonesia's plantation sector due to its high production volume and substantial export quantities, which contribute substantially to global crude palm oil demand. Indonesia is the world's largest producer and exporter of crude palm oil, supported by its vast plantation areas and tropical climate. This study examines the effects of Production, Exchange Rate, and Inflation on Indonesia’s crude palm oil (CPO) exports from 1993 to 2023. The research utilizes secondary data from the Central Bureau of Statistics, Bank Indonesia, and the Directorate General of Plantations. The study employs time series data analysis using multiple linear regression and classical assumption tests, which are processed with SPSS 27 software. The results indicate that, partially, the variables Production and Exchange Rate have a positive and significant impact on Indonesia's Crude Palm Oil (CPO) exports, while Inflation has no effect. Simultaneously, Production, Exchange Rate, and Inflation variables influence Indonesia's Crude Palm Oil (CPO) exports.