Open Trade Dynamics: Indonesia-China Trade Potential through SITC Aggregate 1 Period 2013-2022


International Research Journal of Economics and Management Studies
© 2024 by IRJEMS
Volume 3  Issue 8
Year of Publication : 2024
Authors : Apip Supriadi, Gusti Tia Ardiani, Aso Sukarso, Jumri, Dwi Hastuti Lestari Komarlina
irjems doi : 10.56472/25835238/IRJEMS-V3I8P140

Citation:

Apip Supriadi, Gusti Tia Ardiani, Aso Sukarso, Jumri, Dwi Hastuti Lestari Komarlina. "Open Trade Dynamics: Indonesia-China Trade Potential through SITC Aggregate 1 Period 2013-2022" International Research Journal of Economics and Management Studies, Vol. 3, No. 8, pp. 331-338, 2024.

Abstract:

International trade has become an important aspect of the global economy in the 21st century. With the dynamics of open trade between countries, the flow of goods and services between countries has become increasingly important to understand and analyze. In this context, Indonesia and China play a significant role in the dynamics of global trade, becoming the main focus of many studies and research related to international trade. This study aims to describe the trade performance between Indonesia and China in the period 2013-2022 through analysis using the Grubel LIyod Index and Trade Complementary Index methods. The results show a high level of industrial linkages in 10 commodity groups, with 7 groups showing strong integration and the other 3 showing moderate and weak integration.

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Keywords:

Bilateral, Grubel LIyod Index, Trade Complementary Index.