KORUS FTA TRQ Status Report as of 12/12/2017. Status of TRQ auction / allocation

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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 0303-34-0000 Turbots (Psetta maxima) 1 Flatfish 0303-39-0000 2,248 0303-39-0000 Flatfish (Other) Alaska Pollack (Theragra 0303-67-0000 2 Alaska Pollack 0303-79-1000 chalcogramma) 6,154 0303-69-9000 Other - Based on N/A N/A 2,248.00 - N/A N/A 100.00% Filled as of 1/1 6,154.00-100.00% Filled as of 3/8 First-come first-served at customs 3 Croaker (micropogonias undulates) 0303-79-9095 0303-89-9091 Croaker 1,276 N/A N/A - 1,276.00 0.00% - 0402-10-1010 0402-10-1010 Skim milk powder (Not fat content not exceeding 1.5%) Milk or cream powder less than 1.5 percent fat and buttermilk 0402-10-1090 0402-10-1090 Other milk powder (Not fat content not exceeding 1.5%) 0402-10-9000 0402-10-9000 Other milk powder (Containing matter / concentrated / fat content not exceeding 1.5%) 0403-90-1000 0403-90-1000 Buttermilk Whole milk powder (Not 0402-21-1000 0402-21-1000 4 5,797 fat content exceeding 1.5%) Milk and cream powder sweetened and unsweetened over 1.5 percent fat (whole milk powder) 0402-21-9000 0402-21-9000 Other milk powder (Not fat content exceeding 1.5%) Fully 5,797 0 5,651.70 145.30 in January 2017 97.49% 0402-29-0000 0402-29-0000 Other milk powder (Containing matter / concentrated / fat content exceeding 1.5%) Milk and cream(evaporated) sweetened or unsweetened and/or not concentrated 0402-91-1000 0402-91-1000 Evaporated milk, not containing matter 0402-91-9000 0402-91-9000 Other 0402-99-1000 0402-99-1000 Evaporated milk, containing matter 0402-99-9000 0402-99-9000 Other

Agency Method of TRQ 0404-10-1010 0404-10-1019 Whey powder(other) 0404-10-1090 0404-10-1099 Whey(other) 0404-10-2110 0404-10-2119 Modified whey (Lactose removed/other) 0404-10-2120 0404-10-2129 Modified whey (Demineralized/other) 5 Food whey 0404-10-2130 0404-10-2139 Modified whey(whey protein concentrates/other) 3,478 0404-10-2190 0404-10-2199 Modified whey(whey from which all or part of the lactose, proteins or minerals have been removed/other) 0404-10-2900 0404-10-2990 Other modified whey (other) 3,478 0 Fully in January - Based on 1,999.86 1,478.14 57.50% Industries 6 Butter and other fats and oils derived from milk 0405-10-0000 0405-10-0000 Butter 0405-90-0000 0405-90-0000 Butter (Other) 232 221 11 ended in October 190.66 41.34 82.18% 0406-10-1010 0406-10-1010 Cheese(Fresh/Mozzarella) 0406-10-1020 0406-10-1020 Cheese(Fresh/Cream cheese) 0406-10-1090 0406-10-1090 Cheese(Fresh/Other) 0406-20-0000 0406-20-0000 Cheese(Grated or powdered cheese, of all kinds) Cheese(Processed/not grated or 0406-30-0000 0406-30-0000 Fresh, curd grated or powdered) Fully 7 powdered, processed, 8,115 8,115 0 7,770.26 344.74 95.75% Industries and all other cheeses 0406-90-1000 0406-90-1000 Other cheese(cheddar cheese) in January 0406-90-2000 0406-90-2000 Other cheese(gouda cheese) 0406-90-3000 0406-90-3000 Other cheese(camembert cheese) 0406-90-4000 0406-90-4000 Other cheese(emmental cheese) 0406-90-9000 0406-90-9000 Other cheese(other) 8 Honey, natural 0409-00-0000 0409-00-0000 Natural honey 232 232 0 9 Potatoes fresh or chilled 0701-90-0000 0701-90-0000 Potatoes(excludes seed potatoes) 3,478 3,160 318 10 Oranges 0805-10-0000 0805-10-0000 Oranges 2,898 2,898 0 Fully auctioned off in January 2017 ended in October Fully auctioned off in August 2017 186.47 45.53 80.38% 299.84 3,178.16 8.62% 259.50 2,638.50 8.95% (until year 10) License allocation to end-user (from year 11) 1003-00-1000 1003-10-1000 Malting barley (Seed) 1003-90-1000 Malting barley (Other)

Agency Method of TRQ - Based on 11 Malt and malting barley 9,937 9,937 by the 3,117.39 6,819.61 1107-10-0000 1107-10-0000 Malt (not roasted) 31.37%

12 Agency Method of TRQ Barley, excluding malting barley and cereals of barley 1003-00-9010 1003-00-9020 1003-10-2000 Hulled barley (Seed) 1003-90-2000 Hulled barley (Other) 1003-10-3000 Naked barley (Other) 1003-90-3000 Naked barley (Seed) 2,760 2,760 by the - Based on 916.33 1,843.67 33.20% 1108-12-1000 Corn starch(for food) 13 Maize starch 1108-12-0000 11,593 1108-12-9000 Corn starch(other) 115 11,478 by the 100.94 11,492.06 0.87% 14 1201-10-1000 Soybean for bean sprouts (seed) 1201-10-9000 Soybean for other use (seed) 1201-90-2000 Soybean (for feed) 1201-90-3000 Soybean (for bean sprouts) 1201-90-9000 Other Raw ginseng(wood-cultivated 1211-20-1110 1211-20-1100 ginseng) 1211-20-1190 Raw ginseng (other) 1211-20-1210 1211-20-1210 White ginseng (whole ginseng) 1211-20-1220 1211-20-1290 1211-20-1240 White ginseng (other) 16 Fodder 1214-90-9090 1214-90-9090 17 18 Soybeans for (for processing) * Identity Preserved 15 Ginseng (raw, white) Prepared dry milk and other (for toddlers) Supplemental feeds (Other) 1201-00-9000 Other fodder (excludes Lucerne bale) 1901-10-1010 1901-10-1010 Prepared dry milk (for toddlers) 1901-10-1090 1901-10-1090 Prepared dry milk for toddlers(other) 2309-90-2010 2309-90-2010 Supplementary feeds(chiefly on the of inorganic substances or minerals) 2309-90-2020 2309-90-2020 Supplementary feeds(chiefly on the of flavorings) 2309-90-2099 2309-90-2099 Supplementary feeds(other) 2309-90-9000 2309-90-9000 Other feed additives (Except for dog or cat feed, compound feeds, supplementary feeds and feed additives) Fully 27,319 27,319 27,244.11 74.89 99.73% in 2016 6.6 ended in October 200,000 0 193,737.01 6,262.99 96.87% 811 811 Import rights will be throughout the year - 6,376 6,376 for new comers based on firstcome firstserved 4,926.44-6.60 0.00% Ingredients,, National Industries Pregelatinised or swelling 3505-10-4010 starch(for food) 3505-10-4000 Pregelatinised or swelling 3505-10-4090 Dextrins (modified starch(other) by the 19 16,230 2,281 13,949 2,049.41 14,180.59 12.63% starch) Etherfied or esterified starches(for 3505-10-5010 food) 3505-10-5000 Etherfied or esterified 3505-10-5090 starches(other) 6.6 811.00 1,449.56 0.00% 77.27% Ingredients, Milk Replacer

Agency Method of TRQ Source: KCS, MIFAFF, at, KDIA, KFIA, KMRA, NACF and KFA For most updated data, please click on the following link: http://fta.customs.go.kr/kcsweb/user.tdf?a=user.fta2010.ftaapp&c Note: "N/A" means that the information has not been released to the public. - Based on