---
title: "HSN Code for Cork and Articles of Cork | HSN Chapter 45 - BUSY"
description: "Get accurate GST rates, HSN codes and case laws for Cork and Articles of Cork (Chapter 45) with BUSY.in - your trusted source for HSN tariff details."
canonical: "https://busy.in/hsn/chapter-45/"
---

# HSN Chapter 45: Cork and Articles of Cork

Cork and articles of cork

Part of [Section 09: Guide to HSN Section 09](https://busy.in/hsn/section-09/).

## Sub-chapters

| Code | Title | GST rate |
| --- | --- | --- |
| 4501 | [Natural cork & processed cork](https://busy.in/hsn/sub-chapter-4501/) | 5% |
| 4502 | [Natural cork products](https://busy.in/hsn/sub-chapter-4502/) | 40% |
| 4503 | [Articles of natural cork](https://busy.in/hsn/sub-chapter-4503/) | 5% |
| 4504 | [Agglomerated cork articles](https://busy.in/hsn/sub-chapter-4504/) | 5% |

## India's trade performance: HSN Chapter 45 (FY 2024-25)

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

- Exports: ₹42 Cr (−4.47% YoY) — 0.0011% of India's total exports
- Imports: ₹105 Cr (+8.90% YoY) — 0.0017% of India's total imports
- Trade balance: −₹63 Cr (Deficit); surplus rank #49 of 97 chapters

### Key metrics

- Export CAGR: 8.29% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #97 of 97 chapters by export value (FY 2024-25)
- Peak growth year: +24.00% in FY 2021-22
- Export growth (7Y): 1.6x (₹25.95 Cr to ₹41.84 Cr)

## India export-import trade statistics: HSN Chapter 45

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 | 25.95 | 0.0011% | — | 55.81 | 0.0016% | — | −29.86 | #95 |
| FY 2019-20 | 22.46 | 0.0010% | −13.45% | 52.28 | 0.0016% | −6.33% | −29.82 | #96 |
| FY 2020-21 | 27.58 | 0.0013% | +22.80% | 40.16 | 0.0014% | −23.18% | −12.58 | #96 |
| FY 2021-22 | 34.20 | 0.0011% | +24.00% | 62.88 | 0.0014% | +56.57% | −28.68 | #95 |
| FY 2022-23 | 36.86 | 0.0010% | +7.78% | 68.71 | 0.0012% | +9.27% | −31.85 | #96 |
| FY 2023-24 | 43.80 | 0.0012% | +18.83% | 96.41 | 0.0017% | +40.31% | −52.61 | #96 |
| FY 2024-25 | 41.84 | 0.0011% | −4.47% | 104.99 | 0.0017% | +8.90% | −63.15 | #97 |

- CAGR (7-year): exports 8.29%/yr, imports 11.11%/yr (consistently Deficit)

## Key trade insights: HSN Chapter 45 export-import analysis

### Consistent export growth: 8.29% CAGR over 7 years

India's exports under HSN Chapter 45 have grown at a compound annual rate of 8.29% over 7 fiscal years, rising from ₹25.95 Crore in FY 2018-19 to ₹41.84 Crore in FY 2024-25.

### HSN Chapter 45 ranked #97 among all 97 chapters by export value

In FY 2024-25, HSN Chapter 45 ranks #97 out of 97 chapters by total export value. By trade surplus, it ranks #49 of 97.

### FY 2021-22 was the strongest growth year for HSN Chapter 45 exports

The strongest single-year export movement for HSN Chapter 45 was recorded in FY 2021-22, when exports surged by 24.00% over the prior year.

### India records a trade deficit of ₹63.15 Crore in HSN Chapter 45 goods

In FY 2024-25, India's imports of ₹104.99 Cr exceeded exports of ₹41.84 Cr, resulting in a trade deficit of ₹63.15 Crore — ranking #49 of 97 by surplus magnitude.

### Import growth of 11.11% CAGR signals rising demand for Cork and Articles of Cork

India's imports under HSN Chapter 45 have grown at 11.11% CAGR, reaching ₹104.99 Crore in FY 2024-25.

## Related HSN Chapters in Section 09

Ranked by export value (FY 2024-25).

| Rank | HSN Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Chapter 44: Wood and Articles of Wood; Wood Charcoal](https://busy.in/hsn/chapter-44/) | ₹4,991 Cr |
| #2 | [HSN Chapter 46: Manufactures of Straw, Plaiting Materials and Basketware](https://busy.in/hsn/chapter-46/) | ₹605 Cr |
| #3 | HSN Chapter 45: Cork and Articles of Cork (this hsn chapter) | ₹42 Cr |

## Other chapters in this section

| Code | Title |
| --- | --- |
| 44 | [Wood and Articles of Wood; Wood Charcoal](https://busy.in/hsn/chapter-44/) |
| 46 | [Manufactures of Straw, Plaiting Materials and Basketware](https://busy.in/hsn/chapter-46/) |