EIGEN MATHEMATICS JOURNAL
Vol 8 No 1 (2025): June

Analysis Time Series (ARIMA): To determine the Development of Oil Exports in Indonesia

Muthahharah, Isma (Unknown)
Meliyana, Sitti Masyitah (Unknown)



Article Info

Publish Date
25 Jun 2025

Abstract

Oil exports are the largest export in Indonesia. Indonesia's oil exports from year to year tend to fluctuate and in the end continue to decline, however in the last three years exports of oil products have continued to increase from the previous year. This research aims to analyze the development of oil exports in Indonesia. The data used in this research is doil export data from 1996 to 2023 obtained from data Indonesian Central Statistics Agency (BPS). The method used to analyze development of oil exports in Indonesia is Autoregressive Integrated Moving Average (ARIMA). The research results show that Indonesia's oil exports have experienced significant fluctuations from year to year, with a quite striking decline in export volume in recent years. The ARIMA model (2,2,2) was identified as the best model for predicting future behavior from oil export data. This model succeeds in describing the intrinsic patterns in the export data well. Using the ARIMA (2,2,2) model it is known that forecasting results development of oil exports in Indonesia (2024-2035) will experience an increase from the previous year.

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Journal Info

Abbrev

eigen

Publisher

Subject

Mathematics

Description

Eigen Mathematics Journal mempublikasikan artikel yang berkontribusi pada informasi baru atau pengetahuan baru terkait Matematika, Statistika, dan Aplikasinya. Selain itu, jurnal ini juga mempublikasikan artikel berbentuk survey dalam rangka memperkenalkan perkembangan terbaru dan memotivasi ...