ANALISIS PENGARUH NILAI TUKAR RELATIF RIIL TERHADAP KINERJA EKSPOR NEGARA INDONESIA TAHUN 2009-2024

Abstract

The limitations of each country in meeting all their domestic needs encourage the occurrence of international trade, which arises due to differences in resource ownership between countries. These differences encourage countries to export in order to obtain income from international markets. This study aims to analyze the effect of the real relative exchange rate on Indonesia's export performance for the 2009–2024 period. The real relative exchange rate is calculated based on trade weights with Indonesia's main partners, namely China, the United States, Japan, and Singapore. Export performance is seen from the export value, while foreign GDP is used as a variable representing external demand. This study uses a quantitative approach with secondary time series data. The analytical method used is multiple linear regression with Eviews 13, preceded by classical assumption tests. The results show that the real relative exchange rate has a positive and significant effect on Indonesia's export performance. Foreign GDP also has a positive and significant effect. Simultaneously, both variables have a significant effect on export performance. These findings confirm that an increase in the real relative exchange rate, which reflects depreciation, is able to improve Indonesia's export competitiveness.