Required Report - public distribution

**Date:** 10/1/2004

**GAIN Report Number:** KS4054

KS4054

**Korea, Republic of**

**Fishery Products**

**Annual**

**2004**

**Approved by:**

![](media/image1.wmf)Susan B. Phillips, Deputy Director

Agricultural Trade Office, Seoul

**Prepared by:**

Seh Won KIM, Senior Ag. Marketing Specialist

**Report Highlights:**

The United States was the third largest seafood supplying country to
Korea in 2003, next to China and Russia. Korean fishery resources are
being steadily depleted, and at the same time, fish catch quotas in
foreign waters are being restricted. As a result, domestic fishery
production will continue to decline. Korean fish production was 2.49
million metric tons in 2003, about the same as last year due to
favorable environmental conditions. Imports from the U.S. declined in
2003 and are forecast to decline in 2004 as U.S. prices are not
competitive and many U.S. exporters are shifting their focus to the
Chinese market.

Includes PSD Changes: No

Includes Trade Matrix: No

Unscheduled Report

Seoul ATO \[KS2\]

\[KS\]

Table of Contents

[**SECTION I: SITUATION AND OUTLOOK
3**](#section-i-situation-and-outlook)

[SECTION II: NARRATIVE ON SUPPLY AND DEMAND, POLICY & MARKETING
3](#section-ii-narrative-on-supply-and-demand-policy-marketing)

[Table 1: Korean Imports of Fishery Products: Total and From USA
5](#table-1-korean-imports-of-fishery-products-total-and-from-usa)

[Table 2: Major Species of Fish Imported from the U.S. in 2003
5](#table-2-major-species-of-fish-imported-from-the-u.s.-in-2003)

[Table 3: Customs Duty Schedules for Some Seafood Products from Chile
7](#table-3-customs-duty-schedules-for-some-seafood-products-from-chile)

[SECTION III: STATISTICAL TABLES 9](#section-iii-statistical-tables)

[Table 4: Where Korean Consumers Purchase Seafood
9](#table-4-where-korean-consumers-purchase-seafood)

[Table 5: Korean Fishing Fleet 9](#table-5-korean-fishing-fleet)

[Table 6: Korean Fishery Production by Group of Species and Fisheries:
2003
9](#table-6-korean-fishery-production-by-group-of-species-and-fisheries-2003)

[Table 7: Korean Fishery Production by Year
10](#table-7-korean-fishery-production-by-year)

[Table 8: Korean Production of Processed Fishery Products by Group
10](#table-8-korean-production-of-processed-fishery-products-by-group)

[Table 9: Korean Imports and Exports of Fish and Seafood by Year
11](#table-9-korean-imports-and-exports-of-fish-and-seafood-by-year)

[Table 10: Applied Tariff Schedule for Fishery Products
11](#table-10-applied-tariff-schedule-for-fishery-products)

[Table 11: Adjusted Tariff Schedule For Fishery Products
12](#table-11-adjusted-tariff-schedule-for-fishery-products)

[Table 12: Korean Consumer Price Indices Of Food And Beverages
12](#table-12-korean-consumer-price-indices-of-food-and-beverages)

[Table 13: Korean Production of Fish Roes, Urchin
15](#table-13-korean-production-of-fish-roes-urchin)

[Table 14: Korean Imports of Fish and Urchin Roe/Caviar/Liver
15](#table-14-korean-imports-of-fish-and-urchin-roecaviarliver)

[Table 15: Korean Exports of Fish and Urchin Roe/Caviar/Liver
16](#table-15-korean-exports-of-fish-and-urchin-roecaviarliver)

[Table 16: Korean Flatfish Production
19](#table-16-korean-flatfish-production)

[Table 17: Korean Imports of Flatfish
19](#table-17-korean-imports-of-flatfish)

[Table 18: Korean Exports of Flatfish
20](#table-18-korean-exports-of-flatfish)

[Table 19: Korean Ground fish Production
23](#table-19-korean-ground-fish-production)

[Table 20: Korean Import of Ground fish
23](#table-20-korean-import-of-ground-fish)

[Table 21: Korean Export of Ground Fish
24](#table-21-korean-export-of-ground-fish)

[Table 22: Korean Surimi Production
27](#table-22-korean-surimi-production)

[Table 23: Korean Import of Surimi
27](#table-23-korean-import-of-surimi)

[Table 24: Korean Export of Surimi
27](#table-24-korean-export-of-surimi)

[Table 25: Fishery Products Strategic Indicator Table
28](#table-25-fishery-products-strategic-indicator-table)

[SECTION IV. KEY CONTACTS AND FURTHER INFORMATION
29](#section-iv.-key-contacts-and-further-information)

# SECTION I: SITUATION AND OUTLOOK

The South Korean economy in the 2^nd^ half of 2004 is expected to grow
at less than the 5 percent due to weak domestic demand and a projected
slowdown in exports. However, even at the revised, discounted economic
growth rate, Korea is likely to remain one of the fastest growing
economies among OECD nations. Morgan Stanley, a global investment bank,
forecasts gross domestic product (the economy\'s output) at 4.6 percent
for 2004 and 3.8 percent for 2005.

Korean fish production, at 2.49 million metric tons in 2003, has
declined significantly compared to several years ago when average annual
production was 3 million metric tons.

It is expected that domestic fishery production will continue to decline
due to the depletion of fish resources in adjacent waters and the
enforcement of Exclusive Economic Zones by Korea\'s neighboring
countries. Fishery workers in Korea, the number of fishing vessels and
their capacity have also decreased continuously in the past 5 years. To
cope with this situation, the Korean government has accelerated the
downsizing of the Korean fishing fleet and plans to reduce it further
over the next several years. Recognizing the potential economic impact
of this step and the reduction in fishery agreements, the Korean
government is undertaking an in-depth study on aquaculture and
researching how to secure higher fish catch quotas in foreign waters.

Total imports of seafood in 2003 increased to \$1.96 billion in 2003, up
4 percent from last year. Seafood imports in 2004 are expected to
increase by over 10 percent. However, imports from the U.S. are forecast
to decline for 2004 as many U.S. exporters are shifting to the Chinese
market and Korean importers are looking for more competitively priced
fish. During the first eight months of 2004, total seafood imports from
the U.S. amounted to \$81 million, down 14 percent compared to the same
period last year. Considering all the conditions Korea faces, in 2005,
it is forecast that total production will decline and total imports will
increase to meet local demand.

Until 2000, Korea enjoyed a trade surplus in seafood. However, since
2001 it has continued to suffer a growing trade deficit in seafood.
Korea exported about \$1.13 billion of seafood in 2003.

# SECTION II: NARRATIVE ON SUPPLY AND DEMAND, POLICY & MARKETING

**Supply and Demand**

Korean fish production was 2.49 million metric tons in 2003, including
1.1 million tons in the on/off shore, 826,000 tons in the shallow sea
aquaculture, 545,000 tons in the deep-sea and 19,700 tons in fresh
water. Flat fish production in aquaculture increased significantly to
34,500 tons in 2003 from 23,300 tons in 2002. Seafood production in
Korea is forecast to decrease in the future due to the depletion of fish
resources in adjacent waters and the enforcement of Exclusive Economic
Zones (EEZ) by Korea's neighboring countries.

The Ministry of Maritime Affairs and Fisheries (MOMAF) established
217,650 tons of the Total Allowable Catch (TAC) for 2004 by fish species
as follows: mackerel - 155,000 tons, jack mackerel - 10,000 tons,
sardine - 5,000 tons, large red crab - 21,000 tons, purplish Washington
clams - 8,000 tons, pen shells - 2,500 tons, top shells - 2,158 tons,
and snow crabs -- 13,000 tons. There are catch seasons for some species
and also prohibited catch seasons for other species.

Total quotas for all types for fish purchased by the Korean government
from the Russian government in 2004 were 39,950 tons significantly down
from 51,800 tons in 2003. The 2004 catch quotas with Russia include
20,000 tons for Alaska pollack, 5,300 tons for cod, 20,000 tons for
saury and 7,300 tons for squid. Russia is expected to reduce the catch
quota for foreign countries even further in the future, and will likely
keep foreign fishing boats from catching fish in Russian waters in the
foreseeable future. Korean fishing companies made several private
agreements with Russian fishing companies for joint catching of Alaska
pollack in 2004. This is different from a catch quota where a Korean
vessel would catch fish in Russian waters.

Surimi production declined to 4,400 tons in 2003 from 5,500 tons in
2002, but roe production increased to 3,000 tons in 2003 from 2,400 tons
in 2002. Deep-sea production is also expected to decline in the longer
term as Russia reduces Alaska pollack catch quotas in effort to rebuild
its fish stocks in coastal waters. The deep‑sea industry catches mainly
Alaska pollack, tuna and squid. Fresh water production was 19,680 tons
in 2003, slightly up from 18,500 tons in 2002 due to favorable
environmental conditions.

It should be noted that the PS&D tables represent only a small part of
Korea\'s supply and demand picture. For example, the combined seafood
production accounts for only about 3 percent of Korea\'s total seafood
production, combined imports accounts for about 33 percent of total
seafood imports, and combined exports accounts for only 7 percent of
total seafood exports. This means that although total seafood production
will decline, some species including some of those included in the PS&D
tables may increase**.**

**Consumption**

The \"Monthly Statistics of Korea\" (July 2004 Issue) shows that the
average monthly household expenditure in cities on fishery products was
\$27 in 2003. Annual per capita fish and shellfish consumption in Korea
is estimated at 36 Kg. a year. The success of Korean industry efforts to
change consumer perception of fish (as a healthy alternative to red
meat), to diversify fish products, to improve quality, and to develop
processing technology will be key in expanding domestic demand.

**Trade**

Seafood imports into Korea increased to \$1.96 billion in 2003, up from
\$1.88 billion in 2002, an increase of 4 percent. However, Korean
seafood imports from the U.S. declined 12 percent (\$153 million in 2003
from \$174 million in 2002). It is important to point out the
discrepancy between U.S. BICO trade data and Korean Customs (KOTIS)
trade data. U.S. BICO trade data show that U.S. exports of seafood
products to Korea were a record high in 2003 at \$383 million. The
discrepancies are ascribed to the following:

Korean importers purchase fish from the United States with open Letters
of Credit with the product to be processed in China. The fish is shipped
directly to China generally for transformation into fish fillet and
imitation crabmeat. These processed products are then exported to
Europe, the U.S. and Korea. The species for such processing are usually
yellow fin sole, cod, Pacific Ocean perch, surimi and Alaska pollack. It
is reported that the Koreans have a dozen fish processing plants in
China, either wholly owned by Koreans or as joint venture companies with
Chinese, as the cost of labor in China is lower than that in Korea.

● Korean importers store the imported product, such as pollack roe, in
bonded warehouses and then re-export the product to Japan. Japanese
buyers reportedly come to Busan and inspect the roe before they
purchase. The storage prices are lower in Busan than in Seattle or
Alaska.

● It is also reported that Japanese fish importers buy seafood, mostly
surimi and pollack roes in the U.S, ship them to Busan, Korea, keep them
in the bonded warehouses without Customs clearance, and ship them to
Japan later as needed or export to other countries including China as
warehouse fees in Korea are lower than those in Japan.

U.S. export figures are based on the FOB value and Korean import data is
based on the CIF value.

There is the time difference between departure from USA and arrival in
Korea.

Korea remains an important market for U.S. seafood suppliers, given
Korea's high per capita consumption and decreasing domestic production.

## Table 1: Korean Imports of Fishery Products: Total and From USA

(US\$ Million)

  ----------- ----------- --------- ----------- --------- ----------- --------- ----------- ---------
              **2000**              **2001**              **2002**              **2003**    

              **World**   **USA**   **World**   **USA**   **World**   **USA**   **World**   **USA**

  Fish &      1,411       145       1,648       159       1,884       174       1,961       153
  Seafood                                                                                   
  ----------- ----------- --------- ----------- --------- ----------- --------- ----------- ---------

Sources: Statistical Year Book of Maritime Affairs and Fisheries 2004
and KOTIS

**Competitors**

Major suppliers include China, Russia, the United States, Japan and
Vietnam. In 2003, these five countries accounted for over 70 percent of
total Korean seafood imports on a value basis. In 2003, China became the
largest seafood supplier to Korea by exporting \$714 million, followed
by Russia at \$299 million, the U.S. at \$153 million, Japan at \$148
million, and Vietnam at \$130 million.

## Table 2: Major Species of Fish Imported from the U.S. in 2003

(US\$ Thousands)

  ---------------------------------------------- ----------- ------------
  **Fish Species**                               **From      **From
                                                 USA**       World**

  Pollack surimi, frozen                         46,413      48,086

  Angler, frozen                                 28,400      54,186

  Roes of Pollack, frozen                        11,470      68,644

  Cod, frozen                                    9,429       20,311

  Other surimi, frozen                           7,002       71,534

  Hagfish, frozen                                5,412       6,673

  Alaska Pollack, frozen                         5,118       180,129

  Skate, frozen                                  4,812       22,528

  Atka mackerel, frozen                          4,151       11,470

  Other roes, frozen                             2,062       7,043

  Angler, fresh                                  1,945       2,539

  Ray, frozen                                    1,877       13,474

  Other flat fish, frozen                        1,747       11,393

  Prepared sea cucumber                          1,286       3,993

  Pacific salmon except Sockeye                  969         2,516

  Shrimps and prawns other than peeled, frozen   928         33,716

  Sardines, frozen                               845         8,091

  Sable fish, frozen                             681         681

  Plaice, frozen                                 679         1,453

  Rock fish, frozen                              660         5,019

  Rock lobster, frozen                           585         2,001

  Total                                          136,471     575,480
  ---------------------------------------------- ----------- ------------

Source: Statistical Year Book of Foreign Trade 2003

Imports of Alaskan pollack accounted for over 90 percent of total ground
fish imports in 2003. Korean catch of Alaskan pollack declined again to
22,000 tons in 2003 from 25,000 tons in 2002, because the Korea fish
industry secured reduced catch quotas for Alaskan pollack through
Russia's international bid in 2003. Again in 2004, the Korean fish
industry secured only 20,000 tons of catch quotas for Alaska pollack in
2004. Pollack imports are expected to increase in the future.

Seafood imports from Chile are expected to increase by about 20 percent
to \$20 million in 2004 from \$16 million in 2003 as a result of FTA
between Korea and Chile. The current seafood import volume from Chile is
not large, however, some importers will start to seriously consider
importing seafood from Chile as time passes by and when the Customs
duties decline further or become zero. This FTA will affect U.S. seafood
exports to Korea, and affect further over the long period.

Korea made FTA (Free Trade Agreement) with Chile effective April 1,
2004. The FTA allows free Customs duties for 277 seafood products
imported from Chile effective April 1, 2004, 88 seafood products in 5
years, and 41 seafood products in 10 years. For example, there will be
no duty for frozen cod in 5 years. The duty last year was 10 percent for
frozen cod imported from Chile. The Customs duty deduction will be
prorated equally over the next 5 years. The current duty is 8.3 percent.
The duty will be 6.7 percent in 2005, 5 percent in 2006, 3.3 percent in
2007, 1.7 percent in 2008, and no duty in 2009.

## Table 3: Customs Duty Schedules for Some Seafood Products from Chile

  ----------------- ----------------- ----------------- -----------------
  Product           Applied Customs   Duty for Chilean  Duty Reduction
                    Duty in 2003      Seafood in 2004   Schedule

  Plaice/frozen     10%               0%                Immediately

  Herrings/frozen   10%               0%                Immediately

  Ray/frozen        10%               0%                Immediately

  Lobsters/frozen   20%               0%                Immediately

  Other flat fish   10%               8.3%              5 years equally

  Cod/frozen        10%               8.3%              5 years equally

  Sable fish/frozen 10%               8.3%              5 years equally

  Angler            10%               8.3%              5 years equally
  fish/frozen                                           

  Croaker/frozen    70%               58.3%             5 years equally

  Fish roes/frozen  10%               8.3%              5 years equally

  Sardines/frozen   10%               9.1%              10 years equally

  Pollack/frozen    30%               27.3%             10 years equally

  Skate/frozen      35%               31.8%             10 years equally
  ----------------- ----------------- ----------------- -----------------

**Korean Exports**

Korea also exports a large volume of fish products. In 2003, Korea
exported 424,785 metric tons valued at \$1.13 billion. The major species
exported to other countries in 2003 were tuna (\$225 million), oysters
(\$75 million), squid (\$71 million), conger eels (\$52 million), and
flat fish (\$48 million). The largest seafood export market for Korea in
2003 was Japan at \$740 million, followed by the U.S. at \$80 million,
EU at \$78 million, China at \$71 million and Thailand at \$38 million.
These five countries accounted for about 90 percent of Korea\'s total
seafood exports in 2003.

**Policy**

The Korean government has used the higher adjustment tariffs ranging
from 25 to 70 percent for 12 fish species to protect select domestic
seafood, mainly from China. The normal applicable tariffs are between 10
percent and 20 percent. To further support the domestic industry, the
Korea government is focusing on aquaculture in shallow waters to secure
a stable supply of fish and working hard to purchase fish quotas from
other countries, including Russia.

Korea and China reached an agreement on the fishing quota for 2003,
which allows Korean vessels to catch 60,000 tons inside China\'s EEZ and
in return, Chinese vessels can catch 93,000 tons in the Korean zone.
Korea also agreed with Japan on the 2003 fish catch quota in each
other\'s EEZ, which allows each country to catch 80,000 tons.

One of the pending issues on fishery products the U.S. has with the
Korean government is the 70% adjustment tariff applied to frozen
croaker. The U.S. fish industry is very interested in exporting croaker
to Korea. The Korean tariff for croaker is \"unbound\" within the
context of the World Trade Organization, meaning there is no ceiling on
the rate. For further detailed information on croaker, please refer to
Korea\'s \"Croaker Product Brief\" (KS2039) dated September 4, 2002,
available on the USDA/FAS website.

Constraints built into bilateral and multilateral fishing accords will
further impact total harvest from on/off-shore fishery zones.
On/off‑shore fish species consist mainly of squid, mackerel, corvina,
hair tail and anchovy. Government efforts to boost aquaculture
production in the shallow sea areas clearly indicate the importance of
this sector as a future seafood resource.

# SECTION III: STATISTICAL TABLES 

## Table 4: Where Korean Consumers Purchase Seafood

2001

  ---------------------------------------------- ------------------------
  **Market**                                     **Percentage**

  Conventional Market                            32%

  Supermarket                                    21%

  Discount Store                                 19%

  Department Store                               18%

  Seafood Wholesale Market                       5%

  Others                                         5%

  Total                                          100%
  ---------------------------------------------- ------------------------

## Table 5: Korean Fishing Fleet 

**(Vessel, Gross/Tons)**

  ------------ -------------- ------------ -------------- ------------ --------------
  2001                        2002                        2003         

  **Number**   **Capacity**   **Number**   **Capacity**   **Number**   **Capacity**

  94,935       884,853        94,388       816,563        93,257       754,440
  ------------ -------------- ------------ -------------- ------------ --------------

Source: Statistical Yearbook of Maritime Affairs and Fisheries 2004

## Table 6: Korean Fishery Production by Group of Species and Fisheries: 2003

**(Metric Tons)**

  -------------- ----------- ---------------- -------------- ---------- -----------
  **Types of     **On/off    **Shallow Sea    **Deep-Sea**   **Fresh    **Total**
  Seafood**      Shore**     Aquaculture**                   Water**    

  Fish           656,528     72,393           397,196        17,399     1,143,516

  Crustaceans    66,002      2,324            20,927         127        89,380

  Mollusks       362,502     291,063          126,468        2,016      782,049

  Seaweed &      11,494      460,465          0              138        472,097
  others                                                                

  Total          1,096,526   826,245          544,591        19,680     2,487,042
  -------------- ----------- ---------------- -------------- ---------- -----------

Source: Statistical Yearbook of Maritime Affairs and Fisheries 2004

## Table 7: Korean Fishery Production by Year

**(Metric Tons)**

  ----------------------------- -----------------------------------------
  **Year**                      **Volume**

  1997                          3,243,725

  1998                          2,835,015

  1999                          2,910,450

  2000                          2,514,225

  2001                          2,665,123

  2002                          2,476,188

  2003                          2,487,042

  2004e                         2,387,000

  2005f                         2,300,000
  ----------------------------- -----------------------------------------

e: Estimate for 2004

f: Forecast for 2005

Source: Statistical Yearbook of Maritime Affairs and Fisheries 2004

## Table 8: Korean Production of Processed Fishery Products by Group

**(Metric Tons**)

  --------------------- ------------ ------------ ------------ ------------
  **Product**           **2000**     **2001**     **2002**     **2003**

  Dried/Salted/Cooked   33,794       45,364       42,014       26,724

  Preserved/Pickled     57,131       48,076       42,598       37,381

  Canned                50,404       80,569       83,040       80,608

  Frozen                1,042,648    1,128,026    996,482      1,030,184

  Dried Seaweed         47,662       79,732       82,946       28,511

  Agar‑Agar             961          361          397          347

  Ground Fish Meat      166,682      94,079       87,015       91,121

  Flavor Seasoned       14,532       17,250       19,343       21,501

  Fish Meal and Oil     37,732       36,013       19,843       13,924

  Others                13,546       17,369       64,996       27,416

  Total                 1,465,092    1,546,839    1,438,677    1,357,717
  --------------------- ------------ ------------ ------------ ------------

Source: Statistical Yearbook of Maritime Affairs and Fisheries 2004

## Table 9: Korean Imports and Exports of Fish and Seafood by Year

**(Metric Tons, US\$ Thousands)**

  -------------- -------------- -------------- -------------- --------------
  **Year**       **Imports**                   **Exports**    

                 **Volume**     **Value**      **Volume**     **Value**

  1997           522,381        1,045,474      509,090        1,492,588

  1998           375,224        587,481        590,390        1,369,014

  1999           746,327        1,178,968      475,644        1,520,534

  2000           749,191        1,410,598      533,824        1,504,470

  2001           1,056,252      1,648,372      435,691        1,273,619

  2002           1,186,400      1,884,417      429,884        1,160,435

  2003           1,238,603      1,961,145      424,785        1,129,385
  -------------- -------------- -------------- -------------- --------------

Imports are based on CIF values and Exports are based on FOB values.

Source: Statistical Yearbook of Maritime Affairs and Fisheries 2004

## Table 10: Applied Tariff Schedule for Fishery Products

  ----------------------- --------------------------- --------- ----------
  Description             H.S. Code                   2003 (%)  2004 (%)

  Live Fish               0301 XX XXXX                10        10

  Fish, Fresh or Chilled  0302 XX XXXX                20        20

  Fish, Frozen            0303 XX XXXX                10        10

  Fish Fillet/Fish Meat,  0304 10 XXXX                20        20
  FR/CH                                                         

  Fish Fillet/Fish Meat,  0304 20 XXXX                10        10
  Frozen                                                        

  Fish Surimi, Frozen     0304 90 XXXX                10        10

  Fish,                   0305 XX XXXX                20        20
  Dried/Salted/Smoked                                           

  Crustaceans             0306 except 0306.14.3000    20        20
                          and 0306.14.9000                      

  Blue Crabs, frozen      0306.14.3000                14        14

  Other crabs, frozen     0306.14.9000                14        14

  Oyster Spat             0307 10 1010                5         5

  Oyster                  0307 10 XXXX                20        20

  Scallops                0307 2X XXXX                20        20

  Mussels                 0307 3X XXXX                20        20

  Cuttle Fish and Squid   0307 4X XXXX                10        10

  Octopus                 0307 5X XXXX                20        20

  Snails (other than sea  0307 60 0000                20        20
  snails)                                                       

  Other Mollusks          0307 9X XXXX                20        20

  Fish Extracts and Juice 1603 XX XXXX                30        30

  Fish, prepared,         1604 XX XXXX                20        20
  preserved                                                     

  Crustaceans/Mollusks,   1605 XX XXXX                20        20
  prep/preserved                                                
  ----------------------- --------------------------- --------- ----------

Source: Korea Customs Research Institute, Tariff Schedule of Korea, 2004

## Table 11: Adjusted Tariff Schedule For Fishery Products 

  --------------------- ----------------- ---------- ---------- ----------
  Description           H.S. Code         General    2003(%)    2004(%)
                                          (%)                   

  Eel, Live             0301.92.xxxx      10         30         30a/

  Sea Bream, Live       0301.99.4000      10         55         50b/

  Sea Bass, Live        0301.99.9050      10         55         50

  Croakers, Live        0301.90.9095      10         40         40

  Alaska Pollack,       0303.79.1000      10         30         30
  Frozen                                                        

  Saury, Frozen         0303.79.8000      10         40         40

  Skate, Frozen         0303.79.9093      10         35         30

  Croakers, Frozen      0303.79.9095      10         70         70

  Shrimp, Not Peeled,   0306.13.9000      20         30         30
  Frozen                                                        

  Shrimp, In Brine      0306.23.3000      20         55         55c/

  Squid, Frozen         0307.49.1020      10         35         30

  Poulp Squid, Frozen   0307.59.1020      20         30         25d/
  --------------------- ----------------- ---------- ---------- ----------

a/ 30% or 1,908 Korean won per Kg., whichever is higher is applied.

b/ 50% or 3,685 Korean won per Kg., whichever is higher is applied.

c/ 55% or 363 Korean won per Kg., whichever is higher is applied.

d/ 25% or 444 Korean won per Kg., whichever is higher is applied.

\*These adjustment tariffs have precedence over the applied tariffs
described before.

Source: HS General Guide Book 2004

## Table 12: Korean Consumer Price Indices Of Food And Beverages

**(Year 2000 = 100)**

  ---------- ------------ ----------- ----------- ------------ -------------
  **Year**   **All Item** **Food**    **Meat**    **Fishes**   **Milk &
                                                               Eggs**

  1998       97.0         96.4        87.3        93.8         105.2

  1999       97.8         99.1        92.3        99.4         101.7

  **2000**   **100.0**    **100.0**   **100.0**   **100.0**    **100.0**

  2001       104.1        103.5       106.8       105.5        103.4

  2002       106.9        107.7       123.1       109.8        103.1

  2003       110.2        110.0       133.7       112.4        103.9
  ---------- ------------ ----------- ----------- ------------ -------------

Source: Monthly Statistics of Korea, July 2004

Korea National Statistical Office

**Fish/Urchin Roe/Caviar Liver PSD Unit: Metric Ton**

  ----------------------- ------------- ------------- ------- ------------- ------- -------------
  **PSD Table**                                                                     

  **Country:**            **Korea,                                                  
                          Republic of**                                             

  **Commodity:**          **Fish,                                                   
                          Urchin                                                    
                          Roe/Caviar,                                               
                          Livers**                                                  

                                        **2003**              **2004**              **2005**

                          Old           New           Old     New           Old     New

  **Market Year Begin**                 **01/2003**           **01/2004**           **01/2005**

  Beginning Stocks        0             0             0       0             0       0

  Total Production        2500          3152          2500    2500                  2500

  Intra-EC Imports        0             0             0       0             0       0

  Other Imports           14000         12898         14000   14000         0       14500

  TOTAL Imports           14000         12898         14000   14000         0       14500

  **TOTAL SUPPLY**        16500         **16050**     16500   **16500**     0       **17000**

  Intra-EC Exports        0             0             0       0             0       0

  Other Exports           4500          4644          4500    4500          0       4000

  TOTAL Exports           4500          4644          4500    4500          0       4000

  Domestic Consumption    12000         11406         12000   12000         0       13000

  Other Use/Loss          0             0             0       0             0       0

  TOTAL Utilization       12000         11406         12000   12000         0       13000

  Ending Stocks           0             0             0       0             0       0

  **TOTAL DISTRIBUTION**  16500         **16050**     16500   **16500**     0       **17000**
  ----------------------- ------------- ------------- ------- ------------- ------- -------------

Note: PSD Tables stand for Products Supply and Demand Tables

  --------------------- -------------- -------------------- --------------
  **Import Trade                                            
  Matrix**                                                  

  **Country:**          **Korea,                            
                        Republic of                         
                        Units: MT**                         

  **Commodity:**        **Fish, Urchin                      
                        Roe/Caviar,                         
                        Livers**                            

  **Time period:**      **JAN/DEC**                         

  **Imports for**       **2002**                            **2003**

  U.S.                  3809           U.S.                 2777

  Others                               Others               

  Russia                7331           Russia               6901

  China                 913            China                849

  Japan                 505            Japan                779

  New Zealand           258            New Zealand          733

                                                            

  **Total for Others**  9007                                9262

  **Others not listed** 1080                                859

  **Grand Total**       13896                               12898
  --------------------- -------------- -------------------- --------------

  --------------------- -------------- -------------------- --------------
  **Export Trade                                            
  Matrix**                                                  

  **Country: Korea,                                         
  Republic of Units:                                        
  MT**                                                      

  **Commodity: Fish,                                        
  Urchin Roe/Caviar,                                        
  Livers**                                                  

  **Time period:**      **JAN/DEC**                         

  **Exports for**       **2002**                            **2003**

  U.S.                  96             U.S.                 168

  Others                               Others               

  Japan                 3692           Japan                3900

  China                 154            China                376

                                                            

  **Total for Others**  3846                                4276

  **Others not listed** 50                                  200

  **Grand Total**       3992                                4644
  --------------------- -------------- -------------------- --------------

## Table 13: Korean Production of Fish Roes, Urchin 

**(Metric Tons**)

  ----------------------------- -------- -------- -------- -------- --------
  Items                         1999     2000     2001     2002     2003

  Roes of Alaska Pollack (from  7,538    2,955    2,197    2,361    3,093
  distant seas)1/                                                   

  Herring Roes                  0        0        0        0        0

  Sea Urchin                    0        103      92       71       59

  Total                         7,538    3,058    2,289    2,432    3,152
  ----------------------------- -------- -------- -------- -------- --------

Source: Statistical Yearbook of Ministry of Maritime Affairs and
Fisheries 2004

## Table 14: Korean Imports of Fish and Urchin Roe/Caviar/Liver 

**(Metric Tons**)

  ----------------------- -------------- -------- -------- -------- --------
  Species                 H.S. Code      2002              2003     

                                         World    U.S.     World    U.S.

  Livers, Fresh           0302.70.1000   10       9        5        5

  Roes, fresh             0302.70.2000   0        0        0        0

  Livers, frozen          0303.80.1000   7        2        11       0

  Roes/AK Pollack, frozen 0303.80.2010   9,062    2,448    7,881    1,618

  Other Roes, Frozen      0303.80.2090   3,938    1,32     3,010    1,130

  Livers, dried, salted   0305.20.1000   0        0        19       0

  Roes, dried             0305.20.2000   0        0        4        0

  Roes, smoked            0305.20.3000   0        0        0        0

  Roes/Alaska Pollack     0305.20.4010   0        0        0        0

  Roes/Yellow Corvina     0305.20.4020   0        0        0        0

  Roes/Herrings, Dried    0305.20.4030   52       0        36       0

  Other roes, Salted      0305.20.4090   0        0        10       0

  Sea Urchin, Fresh       0307.91.9010   2        1        0        0

  caviar                  1604.30.1000   1        0        2        0

  Caviar, Substitute      1604.30.2000   824      7        1,014    24

  Total                                  13,896   3,809    12,898   2,777
  ----------------------- -------------- -------- -------- -------- --------

Source: Statistical Yearbook of Foreign Trade 2003, Korea Customs
Service

## Table 15: Korean Exports of Fish and Urchin Roe/Caviar/Liver 

**(Metric Tons)**

  ------------------------ -------------- -------- ------- ------- --------
  Species                  H.S. Code      2002             2003    

                                          World    U.S.    World   U.S.

  Livers, Fresh            0302.70.1000   2        0       0       0

  Roes, Fresh              0302.70.2000   0        0       0       0

  Livers, Frozen           0303.80.1000   0        0       0       0

  Roes/AK Pollack,frozen   0303.80.2010   242      0       841     1

  Other Roes, frozen       0303.80.2090   301      0       341     8

  Livers, dried, salted    0305.20.1000   0        0       0       0

  Roes, dried              0305.20.2000   0        0       0       0

  Roes, smoked             0305.20.3000   0        0       0       0

  Roes/pollack, salted     0305.20.4010   109      48      122     30

  Roes/Yellow Corniva,     0305.20.4020   0        0       1       1
  salted                                                           

  Roes/Herrings, Dried     0305.20.4030   0        0       0       0

  Other roes, Salted       0305.20.4090   53       3       81      1

  Sea Urchin, Fresh        0307.91.9010   101      0       84      0

  caviar                   1604.30.1000   0        0       0       0

  Caviar, Substitute       1604.30.2000   3,184    45      3,174   127

  Total                                   3,992    96      4,644   168
  ------------------------ -------------- -------- ------- ------- --------

Source: Statistical Yearbook of Foreign Trade 2003, Korea Customs
Service

**Flatfish, Whole/Eviscerated PSD Unit: MT**

  ----------------------- --------------------- ------------- ------- ------------- ------- -------------
  **PSD Table**                                                                             

  **Country:**            **Korea, Republic of                                              
                          Unit: MT**                                                        

  **Commodity:**          **Flatfish,                                                       
                          Whole/Eviscerated**                                               

                                                **2003**              **2004**              **2005**

                          Old                   New           Old     New           Old     New

  **Market Year Begin**                         **01/2003**           **01/2004**           **01/2005**

  Beginning Stocks        0                     0             0       0             0       0

  Total Production        35000                 49699         35000   40000         0       39000

  Intra-EC Imports        0                     0             0       0             0       0

  Other Imports           26000                 15406         27000   26000         0       27000

  TOTAL Imports           26000                 15406         27000   26000         0       27000

  **TOTAL SUPPLY**        61000                 **65105**     62000   **66000**     0       **66000**

  Intra-EC Exports        0                     0             0       0             0       0

  Other Exports           5000                  8171          5000    5000          0       5000

  TOTAL Exports           5000                  8171          5000    5000          0       5000

  Domestic Consumption    56000                 56934         57000   61000         0       61000

  Other Use/Loss          0                     0             0       0             0       0

  TOTAL Utilization       56000                 56934         57000   61000         0       61000

  Ending Stocks           0                     0             0       0             0       0

  **TOTAL DISTRIBUTION**  61000                 **65105**     62000   **66000**     0       **66000**
  ----------------------- --------------------- ------------- ------- ------------- ------- -------------

Note: PSD Tables stand for Products Supply and Demand Tables

  --------------------- --------------------- -------------------- --------------
  **Import Trade                                                   
  Matrix**                                                         

  **Country:**          **Korea, Republic of                       
                        Units: MT**                                

  **Commodity:**        **Flatfish,                                
                        Whole/Eviscerated**                        

  **Time period:**      **JAN/DEC**                                

  **Imports for**       **2002**                                   **2003**

  U.S.                  6,932                 U.S.                 2745

  Others                                      Others               

  Russia                9764                  Russia               6138

  China                 2527                  China                2654

  EU                    2385                  Guinea               1870

  Guinea                1833                  EU                   390

  G. Bissu              118                                        

                                                                   

  **Total for Others**  16627                                      11052

  **Others not listed** 1637                                       1609

  **Grand Total**       25196                                      15406
  --------------------- --------------------- -------------------- --------------

  --------------------- --------------------- -------------------- --------------
  **Export Trade                                                   
  Matrix**                                                         

  **Country:**          **Korea, Republic                          
                        of** Units: MT                             

  **Commodity:**        **Flatfish,                                
                        Whole/Eviscerated**                        

  **Time period:**      **JAN/DEC**                                

  **Exports for**       **2002**                                   **2003**

  U.S.                  3                     U.S.                 7

  Others                                      Others               

  Japan                 4200                  Japan                4157

  China                 1256                  China                3101

  EU                    427                   EU                   623

                                                                   

  **Total for Others**  5883                                       7881

  **Others not listed** 266                                        283

  **Grand Total**       6152                                       8171
  --------------------- --------------------- -------------------- --------------

## Table 16: Korean Flatfish Production 

**(Metric Tons)**

  ------------------ ---------- ---------- ---------- ---------- ----------
  Fishing Type       1999       2000       2001       2002       2003

  On and Off‑Shore   21,248     17,030     16,210     15,638     14,908

  Deep-Sea           443        258        33         32         258

  Aquaculture        21,368     14,127     16,426     23,343     34,533

  Total              43,059     31,415     32,669     39,013     49,699
  ------------------ ---------- ---------- ---------- ---------- ----------

Source: Statistical Yearbook of Ministry of Maritime Affairs and
Fisheries 2004

## Table 17: Korean Imports of Flatfish 

**(Metric Tons)**

  ------------------- -------------- ---------- -------- ---------- --------
  Species H.S. Code                  2002                2003       

                                     World      U.S.     World      U.S.

  Flat Fish, Live     0301.99.8000   985        0        914        0

  Halibut, Fresh      0302.21.0000   5          0        0          0

  Plaice , Fresh      0302.22.0000   47         0        17         0

  Sole, Fresh         0302.23.0000   5          0        16         0

  Other, Fresh        0302.29.0000   41         0        107        0

  Halibut, Frozen     0303.31.0000   203        0        69         0

  Plaice, Frozen      0303.32.0000   2,217      925      1,846      856

  Sole, Frozen        0303.33.0000   1,765      0        1,384      1,889

  Others, Frozen      0303.39.0000   19,928     6,007    11,053     2,745

  Total                              25,196     6,932    15,406     2,745
  ------------------- -------------- ---------- -------- ---------- --------

Source: Statistical Yearbook of Ministry of Foreign Trade 2003

## Table 18: Korean Exports of Flatfish 

**(Metric Tons)**

  ------------------- -------------- ---------- -------- ---------- --------
  Species H.S. Code                  2002                2003       

                                     World      U.S.     World      U.S.

  Flat Fish, Live     0301.99.8000   3,887      0        4,038      1

  Halibut, Fresh      0302.21.0000   10         0        16         2

  Plaice , Fresh      0302.22.0000   50         0        19         0

  Sole, Fresh         0302.23.0000   3          0        2          0

  Other, Fresh        0302.29.0000   0          0        10         0

  Halibut, Frozen     0303.31.0000   130        3        109        0

  Plaice, Frozen      0303.32.0000   311        0        693        0

  Sole, Frozen        0303.33.0000   308        0        413        0

  Others, Frozen      0303.39.0000   1,453      0        2,871      4

  Total                              6,152      3        8,171      7
  ------------------- -------------- ---------- -------- ---------- --------

Source: Statistical Yearbook of Foreign Trade 2003, Korea Customs
Service

**Ground fish, Whl/Eviscerated PSD Unit: M/T**

  ----------------------- --------------------- ------------- -------- ------------- ------- -------------
  **PSD Table**                                                                              

  **Country:**            **Korea, Republic                                                  
                          of**                                                               

  **Commodity:**          **Groundfish,                                                      
                          Whole/Eviscerated**                                                

                                                **2003**               **2004**              **2005**

                          Old                   New           Old      New           Old     New

  **Market Year Begin**                         **01/2003**            **01/2004**           **01/2005**

  Beginning Stocks        0                     0             0        0             0       0

  Total Production        35000                 32894         30000    30000         0       29000

  Intra-EC Imports        0                     0             0        0             0       0

  Other Imports           200000                276208        210000   290000        0       300000

  TOTAL Imports           200000                276208        210000   290000        0       300000

  **TOTAL SUPPLY**        235000                **309102**    240000   **320000**    0       **329000**

  Intra-EC Exports        0                     0             0        0             0       0

  Other Exports           10000                 16614         10000    13000         0       10000

  TOTAL Exports           10000                 16614         10000    13000         0       10000

  Domestic Consumption    225000                292488        230000   307000        0       319000

  Other Use/Loss          0                     0             0        0             0       0

  TOTAL Utilization       225000                292488        230000   307000        0       319000

  Ending Stocks           0                     0             0        0             0       0

  **TOTAL DISTRIBUTION**  235000                **309102**    240000   **320000**    0       **329000**
  ----------------------- --------------------- ------------- -------- ------------- ------- -------------

**Note: PSD Tables stand for Products Supply and Demand Tables**

  --------------------- --------------------- -------------------- --------------
  **Import Trade                                                   
  Matrix**                                                         

  **Country:**          **Korea, Republic of                       
                        Units: MT**                                

  **Commodity:**        **Groundfish,                              
                        Whole/Eviscerated**                        

  **Time period:**      **JAN/DEC**                                

  **Imports for**       **2002**                                   **2003**

  U.S.                  10229                 U.S.                 13036

  Others                                      Others               

  Russia                136,743               Russia               224,858

  Japan                 26814                 Japan                26406

  China                 5554                  China                6258

                                                                   

  **Total for Others**  169111                                     257522

  **Others not listed** 7154                                       5650

  **Grand Total**       186494                                     276208
  --------------------- --------------------- -------------------- --------------

Source: Statistical Yearbook of Foreign Trade 2003

  --------------------- --------------------- -------------------- --------------
  **Export Trade                                                   
  Matrix**                                                         

  **Country:**          **Korea, Republic of                       
                        nits: MT**                                 

  **Commodity:**        **Groundfish,                              
                        Whole/Eviscerated**                        

  **Time period:**      **JAN/DEC**                                

  **Exports for**       **2002**                                   **2003**

  U.S.                  443                   U.S.                 231

  Others                                      Others               

  China                 8573                  China                11491

  New Zealand           1222                  New Zealand          1845

  EU                    1062                  EU                   1085

  Russia                616                   Russia               1129

  Japan                 360                   Japan                219

                                                                   

  **Total for Others**  11833                                      15769

  **Others not listed** 266                                        614

  **Grand Total**       12542                                      16614
  --------------------- --------------------- -------------------- --------------

## Table 19: Korean Ground fish Production 

**(Metric Tons)**

  ------------------ -------------- ----------------- --------------------
  Year               Deep-Sea       On/Off Shore      Total

  1998               238,402        7,737             246,139

  1999               155,269        5,660             160,929

  2000               97,957         12,225            110,182

  2001               213,056        6,496             219,552

  2002               34,593         4,430             39,023

  2003               28,464         57,864            32,894
  ------------------ -------------- ----------------- --------------------

Source: Statistical Yearbook of Ministry of Maritime

Affairs and Fisheries 2004

## Table 20: Korean Import of Ground fish 

**(Metric Tons)**

  ------------------- -------------- --------- --------- --------- --------
  Species             H.S. Code      2002                2003      

                                     World     U.S.      World     U.S.

  Cod, Fresh          0302.50.0000   1,810     175       2,262     105

  Alaska Pollack,     0302.69.1000   17,254    0         18,228    0
  Fresh                                                            

  Cod, Frozen         0303.60.0000   13,640    2,685     17,113    6,477

  Hake, Frozen        0303.78.0000   2,173     0         1,715     0

  Alaska Pollack      0303.79.1000   139,987   6,107     230,628   5,788

  Rockfish(ocean      0303.79.9070   10,188    1,262     5,407     666
  perch)                                                           

  Alaska Pollack,     0305.59.3000   1,442     0         855       0
  Dried                                                            

  Total                              186,494   10,229    276,208   13,036
  ------------------- -------------- --------- --------- --------- --------

Source: Statistical Yearbook of Foreign Trade 2003, Korea Customs
Service

## Table 21: Korean Export of Ground Fish 

(Metric Tons)

  ------------------- -------------- --------- --------- --------- --------
  Species             H.S. Code      2002                2003      

                                     World     U.S.      World     U.S.

  Cod, Fresh          0302.50.0000   0         0         0         0

  Alaska Pollack,     0302.69.1000   39        39        3         3
  Fresh                                                            

  Cod, Frozen         0303.60.0000   2,901     0         3,274     0

  Hake, Frozen        0303.78.0000   2,013     123       1,951     0

  Alaska Pollack      0303.79.1000   6,931     198       10,879    134

  Rockfish (ocean     0303.79.9070   565       0         394       0
  perch)                                                           

  Alaska Pollack,     0305.59.3000   93        83        113       94
  Dried                                                            

  Total                              12,542    443       16,614    231
  ------------------- -------------- --------- --------- --------- --------

Source: Statistical Yearbook of Foreign Trade 2003

**Surimi PSD Unit: Metric Ton**

  ----------------------- ------------ ------------- -------- ------------- ------- -------------
  **PSD Table**                                                                     

  **Country:**            **Korea,                                                  
                          Republic                                                  
                          of**                                                      

  **Commodity:**          **Surimi**                                                

                                       **2003**               **2004**              **2005**

                          Old          New           Old      New           Old     New

  **Market Year Begin**                **01/2003**            **01/2004**           **01/2005**

  Beginning Stocks        0            0             0        0             0       0

  Total Production        5000         4,442         5000     4000          0       3500

  Intra-EC Imports        0            0             0        0             0       0

  Other Imports           95000        99349         100000   105000        0       110000

  TOTAL Imports           95000        99349         100000   105000        0       110000

  **TOTAL SUPPLY**        100000       **103791**    105000   **109000**    0       **113500**

  Intra-EC Exports        0            0             0        0             0       0

  Other Exports           1000         461           1000     500           0       500

  TOTAL Exports           1000         461           1000     500           0       500

  Domestic Consumption    99000        103330        104000   108500        0       113000

  Other Use/Loss          0            0             0        0             0       0

  TOTAL Utilization       99000        103330        104000   108500        0       113000

  Ending Stocks           0            0             0        0             0       0

  **TOTAL DISTRIBUTION**  100000       **103791**    105000   **109000**    0       **113500**
  ----------------------- ------------ ------------- -------- ------------- ------- -------------

**Note: PSD Tables stand for Products Supply and Demand Tables**

  --------------------- -------------- -------------------- --------------
  **Import Trade                                            
  Matrix**                                                  

  **Country:**          **Korea,                            
                        Republic of                         
                        Units: MT**                         

  **Commodity:**        **Surimi**                          

  **Time period:**      **JAN/DEC**                         

  **Imports for**       **2002**                            **2003**

  U.S.                  34733          U.S.                 32512

  Others                               Others               

  Vietnam               19,442         Vietnam              25,751

  China                 13710          China                15843

  Thailand              12903          Thailand             13333

  Canada                4105           Canada               3461

  Malaysia              3665           Malaysia             3643

  India                 2639           India                3181

                                                            

  **Total for Others**  56464                               65212

  **Others not listed** 1039                                1625

  **Grand Total**       92236                               99349
  --------------------- -------------- -------------------- --------------

Source: Statistical Yearbook of Foreign Trade 2003

  --------------------- -------------- -------------------- --------------
  **Export Trade                                            
  Matrix**                                                  

  **Country:**          **Korea,                            
                        Republic of                         
                        Units: MT**                         

  **Commodity:**        **Surimi**                          

  **Time period:**      **JAN/DEC**                         

  **Exports for**       **2002**                            **2003**

  U.S.                  0              U.S.                 20

  Others                               Others               

  China                 125            China                375

  Vietnam               47             Russia               41

                                       Japan                25

                                                            

  **Total for Others**  172                                 441

  **Others not listed** 2                                   0

  **Grand Total**       174                                 461
  --------------------- -------------- -------------------- --------------

Source: Statistical Yearbook of Foreign Trade 2003

## Table 22: Korean Surimi Production 

**(Metric Tons)**

  ------------------ ----------------- ----------------- -----------------
  Year               On/Off Shore      Deep-Sea          Total

  1998               14,769            15,668            30,437

  1999               14,693            18,303            32,996

  2000               7,326             3,327             10,653

  2001               5,095             0                 5,095

  2002               5,487             0                 5,487

  2003               4,442             0                 4,442
  ------------------ ----------------- ----------------- -----------------

Source: Statistical Yearbook of Ministry of

Maritime Affairs and Fisheries 2004

## Table 23: Korean Import of Surimi 

**(Metric Tons** )

  ------------------- -------------- --------- --------- --------- --------
  Species             H.S. Code      2002                2003      

                                     World     U.S.      World     U.S.

  Alaska Pollack      0304.90.1010   29,817    29,569    28,916    27,915

  Others              0304.90.1090   62,419    5,164     70,433    4,595

  Total                              92,236    34,733    99,349    32,512
  ------------------- -------------- --------- --------- --------- --------

Source: Statistical Yearbook of Foreign Trade 2003, Korea Customs
Service

## Table 24: Korean Export of Surimi 

**(Metric Tons** )

  ------------------- -------------- --------- --------- --------- --------
  Species             H.S. Code      2002                2003      

                                     World     U.S.      World     U.S.

  Alaska Pollack      0304.90.1010   51        0         205       20

  Others              0304.90.1090   123       0         256       0

  Total                              174       0         461       20
  ------------------- -------------- --------- --------- --------- --------

Source: Statistical Yearbook of Foreign Trade 2003, Korea Customs
Service

## Table 25: Fishery Products Strategic Indicator Table

+------------------+------------+--------+--------+--------+---------+
| Korea            |            | **Prev | **Cur  | **Next | **5     |
|                  |            | ious** | rent** | Year** | Year**  |
|                  |            |        |        |        |         |
|                  |            | **     | **     | **Ex   | **      |
|                  |            | Year** | Year** | pectat | Project |
|                  |            |        |        | ions** | ions/** |
|                  |            | *      | *      |        |         |
|                  |            | *Situa | *Situa |        | **      |
|                  |            | tion** | tion** |        | Expecta |
|                  |            |        |        |        | tions** |
+------------------+------------+--------+--------+--------+---------+
|                  |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| **U.S.           | **M        |        |        |        |         |
| Competitive      | easurement |        |        |        |         |
| Position**       | \***       |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| U.S. Access      | Worse,     | Equal  | equal  | equal  | equal   |
| Relative to Rest | equal, or  |        |        |        |         |
| of World-        | better     |        |        |        |         |
| Non-Tariff       | (choose    |        |        |        |         |
| Measures (NTM)   | one)       |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| U.S. Access      | Higher,    | equal  | equal  | equal  | equal   |
| Relative to Rest | equal, or  |        |        |        |         |
| of World --      | lower      |        |        |        |         |
| Tariffs          | (choose    |        |        |        |         |
|                  | one)       |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Presence of      | More       | same   | same   | same   | same    |
| Marketing        | a          |        |        |        |         |
| Programs         | ggressive, |        |        |        |         |
| (domestic and    | about the  |        |        |        |         |
| 3rd country)     | same, or   |        |        |        |         |
| versus U.S.      | less       |        |        |        |         |
| programs         | aggressive |        |        |        |         |
|                  | (select    |        |        |        |         |
|                  | one)       |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| U.S. Prices      | Higher,    | higher | higher | higher | higher  |
| Relative to      | equal, or  |        |        |        |         |
| Domestic and 3rd | lower      |        |        |        |         |
| Country Prices   | (choose    |        |        |        |         |
|                  | one)       |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| U.S. Market      | Percent    | 8.2    | 8      | 8      | 9       |
| Share (3 Year.   |            |        |        |        |         |
| Average)         |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Per Capita       | Kg per     | 36     | 36     | 37     | 337     |
| Consumption of   | person     |        |        |        |         |
| All Fishery      |            |        |        |        |         |
| Products         |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Per Capita       | Kg per     | 10.2/a | 10.5   | 10.5   | 11      |
| Consumption of   | person     |        |        |        |         |
| animal proteins  |            |        |        |        |         |
| (excluding       |            |        |        |        |         |
| fishery          |            |        |        |        |         |
| products)        |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Percent of       | Percent    | 100    | 100    | 100    | 100     |
| population with  |            |        |        |        |         |
| refrigerators    |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Percent of       | Percent    | 6.4/b  | 6.5    | 7      | 7       |
| fishery product  |            |        |        |        |         |
| sales at         |            |        |        |        |         |
| supermarkets     |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Percent of total | Percent    | 76     | 77     | 77     | 77      |
| food sales at    |            |        |        |        |         |
| supermarkets     |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Percent of       | Percent    | 26.5/c | 27     | 27     | 27      |
| animal protein   |            |        |        |        |         |
| sales at         |            |        |        |        |         |
| supermarkets     |            |        |        |        |         |
| (excluding       |            |        |        |        |         |
| fishery          |            |        |        |        |         |
| products)        |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Percent of       | Percent    | NA     | NA     | NA     | NA      |
| fishery sales at |            |        |        |        |         |
| HRI              |            |        |        |        |         |
| establishments   |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+
| Percent of       | Percent    | 33/d   | 33     | 33     | 32      |
| Fishery sales at |            |        |        |        |         |
| c                |            |        |        |        |         |
| onventional/open |            |        |        |        |         |
| markets          |            |        |        |        |         |
+------------------+------------+--------+--------+--------+---------+

/a Statistics are for year 2002, most up-to-date data

/b Percent at one of supermarket chain stores companies in 2003

/c Percent (estimated) at one of supermarket chain stores companies in
2003

/d Figures surveyed in 2001

***\
***

# SECTION IV. KEY CONTACTS AND FURTHER INFORMATION 

For further information about the Korean market, please contact:

U.S. Agricultural Trade Office (ATO)

Local address: Room 303, Leema Building, 146-1, Susong-dong, Chongro-ku,
Seoul, Korea

U.S. mailing address: U.S. Embassy Seoul, Unit 15550-ATO, APO, AP
96205-5550

Phone: 82-2-397-4188

Fax: 82-2-720-7921

E-mail: atoseoul@usda.gov

[Home Page: www.atoseoul.com]{.underline}

The United States Department of Agriculture's Foreign Agricultural
Service (USDA/FAS) offers information and services that can be
beneficial to both new and experienced exporters. For example, the U.S.
Suppliers Service is a searchable database of over 5,000 U.S. exporters
and their products, which is used by USDA/FAS to help facilitate
connecting potential buyers with U.S. suppliers. This database is used
by more than 85 USDA FAS Overseas offices, such as the ATO in Seoul,
Korea to help export agents, trading companies, importers and foreign
market buyers locate U.S. suppliers. It is also used to recruit U.S.
exporters to participate in market development activities sponsored by
USDA and federal export programs.

You can register online for this service at
[**http://www.fas.usda.gov/agexport/exporter.html**](http://www.fas.usda.gov/agexport/exporter.html)

#