The Influence of the US Dollar Exchange Rate and Indonesia's National Income on Indonesia's Imports from Thailand

Abstract

Indonesia's import activities from Thailand have developed from capital goods to consumer goods and the agricultural sector. The high imports from Thailand are inseparable from the fluctuations in the US exchange rate against IDR and Indonesia's national income. The purpose of the study was to determine the effect of the US exchange rate against IDR and Indonesia's national income on the value of Indonesia's imports from Thailand. The method used is quantitative descriptive with multiple regression modeling for the period 2000-2023. From the processing results, it was obtained that the US exchange rate against IDR and Indonesia's national income partially and simultaneously significantly affected the value of Indonesia's imports from Thailand. The US$ exchange rate against IDR hurt the influence on the value of Indonesia's imports from Thailand. Indonesia's national income had a positive influence on the value of Indonesia's imports from Thailand.