Abstract
As an agricultural country, Indonesia still imports soybeans to meet domestic soybean needs. The gap between national soybean production and consumption causes the government to import. Based on this, this study aims to analyze the factors that influence soybean imports in Indonesia. The data used are time series data for the period 2003-2018. Data is sourced from the Food and Agriculture Organization (FAO), United Nations International Trade Statistics Database (UN COMTRADE), the Central Bureau of Statistics of the Republic of Indonesia, World Bank, Bank Indonesia, and the Ministry of Trade of the Republic of Indonesia. The analysis method uses SEM-Partial Least Square (PLS). The results showed that the macroeconomic conditions directly affect soybean production and consumption. On the other hand, consumption has a direct effect, but production has no direct effect on soybean imports. Macroeconomic conditions do not have a direct effect on soybean imports. Nevertheless, the total effect (combined direct and indirect effects) is significant from macroeconomic conditions on soybean imports.
Highlights
Global trade is an essential aspect of the economy in every country
Data is sourced from the Food and Agriculture Organization (FAO), United Nations International Trade Statistics Database (UN COMTRADE), the Central Bureau of Statistics of the Republic of Indonesia, World Bank, Bank Indonesia, and the Ministry of Trade of the Republic of Indonesia
Soybean imports grew by an average of 7.78 percent per year, from 1,193 thousand tons in 2003 to 2,586 thousand tons in 2018
Summary
Global trade is an essential aspect of the economy in every country. Global trade aims to improve people's welfare in a country (Destasari et al, 2015). Community welfare is reflected in their food condition: the more food a country can supply, the more prosperous the people in that country (Junaidi et al 2020a; Junaidi et al 2020b). Soybean is one of the main food commodities after rice and corn. Soybeans are the main source of vegetable protein for the community. Food ingredients from other plants have not been found, such as soybeans, which are very rich in protein (Andayanie, 2016). According to Silitonga & Djanuwardi in Ginting et al (2009), tempeh and tofu dominate soybeans' use for food, namely 50% and 40%, respectively. The rest is used for processing soy milk, soy sauce, flour, and other preparations
Sign-in/Register to view highlights & summary 
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call