---
title: "HSN Code for Furskins and Artificial Fur; Manufactures Thereof | HSN Chapter 43 - BUSY"
description: "Get accurate GST rates, HSN codes and case laws for Furskins and Artificial Fur; Manufactures Thereof (Chapter 43) with BUSY.in - your trusted source for HSN tariff details."
canonical: "https://busy.in/hsn/chapter-43/"
---

# HSN Chapter 43: Furskins and Artificial Fur; Manufactures Thereof

Furskins and artificial fur; manufactures thereof

Part of [Section 08: Guide to HSN Section 08](https://busy.in/hsn/section-08/).

## Sub-chapters

| Code | Title | GST rate |
| --- | --- | --- |
| 4301 | [Raw furskins for furriers](https://busy.in/hsn/sub-chapter-4301/) | 18% |
| 4302 | [Tanned furskins, unassembled](https://busy.in/hsn/sub-chapter-4302/) | 18% |
| 4303 | [Fur apparel and accessories](https://busy.in/hsn/sub-chapter-4303/) | 18% |
| 4304 | [Artificial fur](https://busy.in/hsn/sub-chapter-4304/) | 18% |

## India's trade performance: HSN Chapter 43 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹61 Cr (−37.77% YoY) — 0.0016% of India's total exports
- Imports: ₹55 Cr (+5.94% YoY) — 0.0009% of India's total imports
- Trade balance: ₹7 Cr (Surplus); surplus rank #47 of 97 chapters

### Key metrics

- Export CAGR: -6.34% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #94 of 97 chapters by export value (FY 2024-25)
- Peak growth year: +70.86% in FY 2021-22
- Export growth (7Y): 0.7x (₹90.50 Cr to ₹61.10 Cr)

## India export-import trade statistics: HSN Chapter 43

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Imports (₹ Cr) | Imp share | Imp YoY | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 90.50 | 0.0039% | — | 48.38 | 0.0013% | — | +42.12 | #92 |
| FY 2019-20 | 89.81 | 0.0040% | −0.76% | 47.38 | 0.0014% | −2.07% | +42.43 | #92 |
| FY 2020-21 | 104.33 | 0.0048% | +16.17% | 30.44 | 0.0010% | −35.75% | +73.89 | #90 |
| FY 2021-22 | 178.26 | 0.0057% | +70.86% | 40.11 | 0.0009% | +31.77% | +138.15 | #90 |
| FY 2022-23 | 118.69 | 0.0033% | −33.42% | 47.94 | 0.0008% | +19.52% | +70.75 | #91 |
| FY 2023-24 | 98.19 | 0.0027% | −17.27% | 51.49 | 0.0009% | +7.41% | +46.70 | #94 |
| FY 2024-25 | 61.10 | 0.0016% | −37.77% | 54.55 | 0.0009% | +5.94% | +6.55 | #94 |

- CAGR (7-year): exports -6.34%/yr, imports 2.02%/yr (consistently Surplus)

## Key trade insights: HSN Chapter 43 export-import analysis

### Export decline: -6.34% CAGR over 7 years

India's exports under HSN Chapter 43 have declined at a compound annual rate of -6.34% over 7 fiscal years, falling from ₹90.50 Crore in FY 2018-19 to ₹61.10 Crore in FY 2024-25.

### HSN Chapter 43 ranked #94 among all 97 chapters by export value

In FY 2024-25, HSN Chapter 43 ranks #94 out of 97 chapters by total export value. By trade surplus, it ranks #47 of 97.

### FY 2021-22 was the strongest growth year for HSN Chapter 43 exports

The strongest single-year export movement for HSN Chapter 43 was recorded in FY 2021-22, when exports surged by 70.86% over the prior year.

### India maintains a trade surplus of ₹6.55 Crore in HSN Chapter 43 goods

In FY 2024-25, India's exports of ₹61.10 Cr exceeded imports of ₹54.55 Cr, resulting in a trade surplus of ₹6.55 Crore — ranking #47 of 97 by surplus magnitude.

### Import growth of 2.02% CAGR signals stable import dependency for Furskins and Artificial Fur; Manufactures Thereof

India's imports under HSN Chapter 43 have grown at 2.02% CAGR, reaching ₹54.55 Crore in FY 2024-25.

## Related HSN Chapters in Section 08

Ranked by export value (FY 2024-25).

| Rank | HSN Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Chapter 42: Articles of Leather; Saddlery and Harness; Travel Goods; Handbags](https://busy.in/hsn/chapter-42/) | ₹22,180 Cr |
| #2 | [HSN Chapter 41: Raw Hides and Skins (Other Than Furskins) and Leather](https://busy.in/hsn/chapter-41/) | ₹3,776 Cr |
| #3 | HSN Chapter 43: Furskins and Artificial Fur; Manufactures Thereof (this hsn chapter) | ₹61 Cr |

## Other chapters in this section

| Code | Title |
| --- | --- |
| 41 | [Raw Hides and Skins (Other Than Furskins) and Leather](https://busy.in/hsn/chapter-41/) |
| 42 | [Articles of Leather; Saddlery and Harness; Travel Goods; Handbags](https://busy.in/hsn/chapter-42/) |