KORUS FTA TRQ Status Report as of 12/12/2017. Status of TRQ auction / allocation
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1 KORUS FTA TRQ Status Report as of 12/12/2017 The following table provides information on the fill rate of 19 products subject to Tariff Rate Quota (TRQ) under the KORUS FTA. The TRQ is in 3 different manners: 1) First-come-first-serve, 2) TRQ auction and 3) TRQ allocation. The column headed describes how much of the TRQ has been or auctioned off to potential importers. This does not mean that the TRQ has actually been imported but only means that it has been. The second column headed describes the actual fill rate of TRQ and is based on actual entry of the products through Korean. Once the fill rate goes over 100 percent, the imports will be subject to the basic duty rate. This information is supplied by the Korean Service. For the most up-to-date data on customs entry, please click on the link provided at the bottom of this table. Agency Method of TRQ Turbots (Psetta maxima) 1 Flatfish , Flatfish (Other) Alaska Pollack (Theragra Alaska Pollack chalcogramma) 6, Other - Based on N/A N/A 2, N/A N/A % Filled as of 1/1 6, % Filled as of 3/8 First-come first-served at customs 3 Croaker (micropogonias undulates) Croaker 1,276 N/A N/A - 1, % Skim milk powder (Not fat content not exceeding 1.5%) Milk or cream powder less than 1.5 percent fat and buttermilk Other milk powder (Not fat content not exceeding 1.5%) Other milk powder (Containing matter / concentrated / fat content not exceeding 1.5%) Buttermilk Whole milk powder (Not ,797 fat content exceeding 1.5%) Milk and cream powder sweetened and unsweetened over 1.5 percent fat (whole milk powder) Other milk powder (Not fat content exceeding 1.5%) Fully 5, , in January % Other milk powder (Containing matter / concentrated / fat content exceeding 1.5%) Milk and cream(evaporated) sweetened or unsweetened and/or not concentrated Evaporated milk, not containing matter Other Evaporated milk, containing matter Other
2 Agency Method of TRQ Whey powder(other) Whey(other) Modified whey (Lactose removed/other) Modified whey (Demineralized/other) 5 Food whey Modified whey(whey protein concentrates/other) 3, Modified whey(whey from which all or part of the lactose, proteins or minerals have been removed/other) Other modified whey (other) 3,478 0 Fully in January - Based on 1, , % Industries 6 Butter and other fats and oils derived from milk Butter Butter (Other) ended in October % Cheese(Fresh/Mozzarella) Cheese(Fresh/Cream cheese) Cheese(Fresh/Other) Cheese(Grated or powdered cheese, of all kinds) Cheese(Processed/not grated or Fresh, curd grated or powdered) Fully 7 powdered, processed, 8,115 8, , % Industries and all other cheeses Other cheese(cheddar cheese) in January Other cheese(gouda cheese) Other cheese(camembert cheese) Other cheese(emmental cheese) Other cheese(other) 8 Honey, natural Natural honey Potatoes fresh or chilled Potatoes(excludes seed potatoes) 3,478 3, Oranges Oranges 2,898 2,898 0 Fully auctioned off in January 2017 ended in October Fully auctioned off in August % , % , % (until year 10) License allocation to end-user (from year 11) Malting barley (Seed) Malting barley (Other)
3 Agency Method of TRQ - Based on 11 Malt and malting barley 9,937 9,937 by the 3, , Malt (not roasted) 31.37%
4 12 Agency Method of TRQ Barley, excluding malting barley and cereals of barley Hulled barley (Seed) Hulled barley (Other) Naked barley (Other) Naked barley (Seed) 2,760 2,760 by the - Based on , % Corn starch(for food) 13 Maize starch , Corn starch(other) ,478 by the , % Soybean for bean sprouts (seed) Soybean for other use (seed) Soybean (for feed) Soybean (for bean sprouts) Other Raw ginseng(wood-cultivated ginseng) Raw ginseng (other) White ginseng (whole ginseng) White ginseng (other) 16 Fodder Soybeans for (for processing) * Identity Preserved 15 Ginseng (raw, white) Prepared dry milk and other (for toddlers) Supplemental feeds (Other) Other fodder (excludes Lucerne bale) Prepared dry milk (for toddlers) Prepared dry milk for toddlers(other) Supplementary feeds(chiefly on the of inorganic substances or minerals) Supplementary feeds(chiefly on the of flavorings) Supplementary feeds(other) Other feed additives (Except for dog or cat feed, compound feeds, supplementary feeds and feed additives) Fully 27,319 27,319 27, % in ended in October 200, , , % Import rights will be throughout the year - 6,376 6,376 for new comers based on firstcome firstserved 4, % Ingredients,, National Industries Pregelatinised or swelling starch(for food) Pregelatinised or swelling Dextrins (modified starch(other) by the 19 16,230 2,281 13,949 2, , % starch) Etherfied or esterified starches(for food) Etherfied or esterified starches(other) , % 77.27% Ingredients, Milk Replacer
5 Agency Method of TRQ Source: KCS, MIFAFF, at, KDIA, KFIA, KMRA, NACF and KFA For most updated data, please click on the following link: Note: "N/A" means that the information has not been released to the public. - Based on
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