India's Strategy in Reducing Palm Oil Import and Its Impacts to Bilateral Trade with Indonesia
Downloads
This article tries to analyze the strategy of Indian government in reducing its trade deficit through the import reduction of several main commodities including the palm oil. This research also seeks the impacts of the palm oil reduction in India towards India-Indonesia bilateral trade, as Indonesia is one of India's main trade partners and largest exporter of palm oil to India. This research used literature study within content analysis to find the bilateral trade between India and Indonesia, also the impacts of India palm oil import's reduction. The main data of research are secondary data from trusted and reputable news relating India palm oil imports from Indonesia. The result of study found that Indonesia needs to pursue efforts of trade diplomacy effectively so that the Indian strategy to cut imports will not be too impactful to the performance of its exports to India. This research enriches literature study about bilateral trade especially in India-Indonesia palm oil context. In practical implication, this research bring any recommendation to related stakeholder about bilateral trade strategy taken by Indonesian government.
India at a glance | FAO in India | Food and Agriculture Organization of the United Nations
Corporate Finance Institute. (2022, December 12). Balance of Trade (BOT). https://corporatefinanceinstitute.com/resources/economics/balance-of-trade-bot/
Bullock, Charles J. The North American Review , Jul., 1901, Vol. 173, No. 536 (Jul., 1901), pp. 111- 133
India Trade Balance 1960-2023. (n.d.). MacroTrends.
https://www.macrotrends.net/countries/IND/india/trade-balance-deficit
Workman, D. (2022, December 10). India's Top 10 Exports.
https://www.worldstopexports.com/indias-top-10-exports/
Workman, D. (2022a, September 21). India's Top 10 Imports.
https://www.worldstopexports.com/indias-top-10-imports/
Perdagangan, P. D. D. S. I. K. (n.d.). Neraca Perdagangan Dengan Mitra Dagang | Satu Data Perdagangan.
Darmawan, A. D. (2022, August 15). Inilah Produk yang Banyak Diekspor Indonesia ke India. Katadata.
Annur, C. M. (2021, October 11). India Jadi Pasar Utama Ekspor Minyak Sawit RI pada 2020. Katadata.
Strategi Pemerintahan Indonesia Mempertahankan Pasar Minyak Sawit i India | HI Fisipol UGM. (n.d.).
Jadhav, R. (2020, January 13). Exclusive: India urges boycott of Malaysian palm oil after diplomatic row – sources. U.S.
https://www.reuters.com/article/us-india-malaysia-palmoil-exclusive-idUSKBN1ZC0T6
Jadhav, R. (2020b, January 13). Exclusive: India urges boycott of Malaysian palm oil after diplomatic row – sources. U.S.
https://www.reuters.com/article/us-india-malaysia-palmoil-exclusive-idUSKBN1ZC0T6
Copyright (c) 2023 Airlangga Journal of Innovation Management

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
- The journal allows authors to hold copyright without restrictions and retain publication rights without restrictions. The author retains the copyright and grants the first publication rights to the journal, with his work simultaneously licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA). This license allows others to share the work with acknowledgment of authorship and initial publication in this journal, provided that the work is not used for commercial purposes and that any derivative works must use the same license.
- Authors may enter into additional contractual agreements for non-exclusive distribution of the journal publication version (e.g., uploading it to an institutional repository or publishing it in book form), while still including acknowledgment of the initial publication in this journal.
- Authors are allowed and encouraged to upload their work online (e.g., in an institutional repository or personal website) before and during the submission process. This can support productive scientific exchanges as well as increase citations to published works.

AJIM by UNAIR is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.