DETERMINAN EKSPOR CPO (Crude Palm Oil) INDONESIA PADA NEGERA TUJUAN UTAMA TAHUN 2013-2022

Crude Palm Oil (CPO) is an agricultural commodity that has many benefits in producing other derivative products which are generally consumed by the world community. The aim of this research is to analyze the influence of economic growth, per capita income and inflation to the largest importing countries those are India, China, United States of America and The Netherlands on Indonesian crude palm oil export . The research method used is panel data regression. The data used in this study used secondary data in the form of time series data from January 2013 to December 2022. The data was obtained from the websites of the Indonesian Central Statistics Agency (BPS), the International Monetary Fund (IMF). After selecting the decent model through the chow test, Hausman test, Lagrange Multiplier (LM) test, the best model was found, the Fixed Effect Model. The results of research are that economic growth has a positive and insignificant effect on Indonesian CPO export. Per capita income has a positive and significant effect, and the inflation has a positive and significant effect on Indonesian CPO export. The three variables simultaneously have a significant effect on Indonesia's CPO exports. This is because during the research period, the global economy has gone through a period of global recovery that is getting better. Although in 2020 there was an economic contraction caused by covid-19, the global economy quickly recovered and stabilized. In addition, the good quality of Indonesia's CPO exports is also an additional cause.