IMPACT OF CORONA VIRUS ON THE TRADE SECTOR IN INDONESIA

Authors

  • Rinaldo Simbolon Business Administration Student

Keywords:

Keywords: corona virus, trade sector, economy,

Abstract

Abstract
Today the world is shocked by the spread of the corona outbreak virus that originated in China. As a result of
this virus, many residents of China and many other countries have died. The Chinese economy has fallen from
companies that have to close. Given that China is the country with the largest economy in the world and
Indonesia's main trading partner, the disruption of the Chinese economy will affect the world economy
including Indonesia. This paper examines the impact of viruses on Indonesia's growth. The most dominant
impact occurs on trade. During January 2020, there was a drastic reduction in exports of imports from and to
China. Related to the efforts that can be made to overcome them, among other diversifications, export exports
to other countries; increase domestic production and consumption; and increasing domestic and foreign
tourists.

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Published

2020-10-14