We use cookies on this website to give you a better user experience. By continuing to browse the site, you are agreeing to our use of cookies. Learn more

COVID-19: Impacts of Indonesia's Trade

COVID-19: Impacts of Indonesia's Trade
Date:
7 January 2022
Category:
COVID-19, Indonesia, Trade
Authors:
Lili Yan Ing, Yessy Vadila
Tags:
COVID-19, Indonesia, Trade

Print Article:

This paper analyses how the coronavirus (COVID-19) has affected Indonesia’s exports and imports, both in terms of volume and value. We use monthly trade data at the Harmonized System (HS) 8-digit level from January 2017 to December 2020. We use fixed effects and difference-in-differences (DID) approaches. The findings show that COVID-19 lowers the export volume by 10.7% (export value by 13.4%). At the same time, COVID-19 reduces import volume by 16.42% (import value by 25.9%). Analysing the causes of decreases in Indonesia’s trade will shed light on the causes of the drop in such trade figures. It will help design appropriate policy responses to enhance trade for the Indonesian economy’s swift recovery.

COVID-19: Impacts of Indonesia's Trade

Search ERIA.org

Latest Multimedia

Indonesia's ASEAN Chairmanship 2023 High-Level Policy Dialogue: ASEAN Digital Community 2045

ERIA Knowledge Lab Discusses Scaling Up Innovation and Digital Technology Ecosystem

Is ASEAN Ready for Electric Vehicles? | ASEAN Insights Podcast

Related Articles

COVID-19, Indonesia, Labour and Migration, Poverty
7 October 2021
Editor(s)/Author(s): Ernawati Pasaribu, Puguh B. Irawan, Tiodora H. Siagian, Ika Yuni Wulansari, Robert Kurniawan
This research study focuses on measuring the possible spillover effects of socio-economic interactions on COVID-19[...]
COVID-19, Indonesia, inequality, Poverty
22 April 2021
Editor(s)/Author(s): Aloysius Gunadi Brata, Eusebius Pantja Pramudya, Esther Sri Astuti, Heffi Christya Rahayu, Heronimus Heron
This study examines if COVID-19 has worsened socio-economic inequalities across provinces in Indonesia, and if it has affected the spatial[...]

A PHP Error was encountered

Severity: Core Warning

Message: PHP Startup: Unable to load dynamic library 'php_fileinfo.dll' (tried: /opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll (/opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll: cannot open shared object file: No such file or directory), /opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll.so (/opt/plesk/php/7.4/lib/php/modules/php_fileinfo.dll.so: cannot open shared object file: No such file or directory))

Filename: Unknown

Line Number: 0

Backtrace: