ISSN 2394-5125
 

Research Article 


COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng.

Abstract
The study of export competitiveness of Thailand’s oil palm products by comparison among the world’s biggest producing
countries; Indonesia, Malaysia, Columbia, and Nigeria by using Revealed Comparative Advantage (RCA), and to study
market position by using Boston Consulting Group (BCG). The study reveals that in 2018 regarding oil palm products (No.
1511) and crude palm oil product (No. 151110) Columbia had a higher comparative advantage than Thailand. For the refined
palm oil product (No. 151190) in Indonesia and Malaysia had comparative advantages, while Columbia and Nigeria had no
comparative advantage as same as Thailand. The results of the BCG Matrix on oil palm products reveal that Indonesia’s
market position was at CASH COW while Malaysia, Thailand, and Columbia were at DOG. Nigeria’s market position was a
QUESTION MARK. The study has suggested that to boost up the export competitiveness of oil palm products as well as the
market position in Thailand, several actions should be taken: product development, reduction of production cost and
increasing of products’ value. Crude palm oil product is the most attractive and has a bright future for product development
including having the capacity to gain market share in European countries.

Key words: BCG Matrix; export competitiveness; oil palm products; Revealed Comparative Advantage; Thailand


 
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How to Cite this Article
Pubmed Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. JCR. 2020; 7(5): 2532-2543. doi:10.31838/jcr.07.05.421


Web Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. http://www.jcreview.com/?mno=135550 [Access: August 17, 2021]. doi:10.31838/jcr.07.05.421


AMA (American Medical Association) Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. JCR. 2020; 7(5): 2532-2543. doi:10.31838/jcr.07.05.421



Vancouver/ICMJE Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. JCR. (2020), [cited August 17, 2021]; 7(5): 2532-2543. doi:10.31838/jcr.07.05.421



Harvard Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng (2020) COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. JCR, 7 (5), 2532-2543. doi:10.31838/jcr.07.05.421



Turabian Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. 2020. COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. Journal of Critical Reviews, 7 (5), 2532-2543. doi:10.31838/jcr.07.05.421



Chicago Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. "COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS." Journal of Critical Reviews 7 (2020), 2532-2543. doi:10.31838/jcr.07.05.421



MLA (The Modern Language Association) Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng. "COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS." Journal of Critical Reviews 7.5 (2020), 2532-2543. Print. doi:10.31838/jcr.07.05.421



APA (American Psychological Association) Style

Sathinee Jongdoen, Wongchai Anupong, Ke-Chung Peng (2020) COMPARING THE ABILITY TO COMPETE IN THE EXPORT OF OIL PALM PRODUCTS IN THE WORLD’S MAJOR PRODUCERS. Journal of Critical Reviews, 7 (5), 2532-2543. doi:10.31838/jcr.07.05.421