--- title: "HSN Code for Silk | HSN Chapter 50 - BUSY" description: "Get accurate GST rates, HSN codes and case laws for Silk (Chapter 50) with BUSY.in - your trusted source for HSN tariff details." canonical: "https://busy.in/hsn/chapter-50/" --- # HSN Chapter 50: Silk Silk Part of [Section 11: Guide to HSN Section 11](https://busy.in/hsn/section-11/). ## Sub-chapters | Code | Title | GST rate | | --- | --- | --- | | 5001 | [Silk-worm cocoons](https://busy.in/hsn/sub-chapter-5001/) | 18% | | 5002 | [Raw silk](https://busy.in/hsn/sub-chapter-5002/) | 18% | | 5003 | [Silk waste products](https://busy.in/hsn/sub-chapter-5003/) | 0% | | 5004 | [Ion-exchangers](https://busy.in/hsn/sub-chapter-5004/) | 0% | | 5005 | [Silk waste yarn](https://busy.in/hsn/sub-chapter-5005/) | 0% | | 5006 | [Metal working machines](https://busy.in/hsn/sub-chapter-5006/) | 5% | | 5007 | [Woven fabrics of silk or silk waste](https://busy.in/hsn/sub-chapter-5007/) | 5% | ## India's trade performance: HSN Chapter 50 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1,375 Cr (+33.86% YoY) — 0.0371% of India's total exports - Imports: ₹1,496 Cr (−13.32% YoY) — 0.0245% of India's total imports - Trade balance: −₹121 Cr (Deficit); surplus rank #50 of 97 chapters ### Key metrics - Export CAGR: 15.10% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #79 of 97 chapters by export value (FY 2024-25) - Peak growth year: +47.91% in FY 2021-22 - Export growth (7Y): 2.3x (₹591.56 Cr to ₹1,375.23 Cr) ## India export-import trade statistics: HSN Chapter 50 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 | 591.56 | 0.0256% | — | 1,418.93 | 0.0395% | — | −827.37 | #82 | | FY 2019-20 | 595.41 | 0.0268% | +0.65% | 1,489.11 | 0.0443% | +4.95% | −893.70 | #83 | | FY 2020-21 | 586.20 | 0.0272% | −1.55% | 733.60 | 0.0252% | −50.74% | −147.40 | #80 | | FY 2021-22 | 867.04 | 0.0276% | +47.91% | 1,104.87 | 0.0242% | +50.61% | −237.83 | #80 | | FY 2022-23 | 812.26 | 0.0224% | −6.32% | 2,173.82 | 0.0378% | +96.75% | −1,361.56 | #83 | | FY 2023-24 | 1,027.36 | 0.0284% | +26.48% | 1,726.08 | 0.0307% | −20.60% | −698.72 | #82 | | FY 2024-25 | 1,375.23 | 0.0371% | +33.86% | 1,496.12 | 0.0245% | −13.32% | −120.89 | #79 | - CAGR (7-year): exports 15.10%/yr, imports 0.89%/yr (consistently Deficit) ## Key trade insights: HSN Chapter 50 export-import analysis ### Consistent export growth: 15.10% CAGR over 7 years India's exports under HSN Chapter 50 have grown at a compound annual rate of 15.10% over 7 fiscal years, rising from ₹591.56 Crore in FY 2018-19 to ₹1,375.23 Crore in FY 2024-25. ### HSN Chapter 50 ranked #79 among all 97 chapters by export value In FY 2024-25, HSN Chapter 50 ranks #79 out of 97 chapters by total export value. By trade surplus, it ranks #50 of 97. ### FY 2021-22 was the strongest growth year for HSN Chapter 50 exports The strongest single-year export movement for HSN Chapter 50 was recorded in FY 2021-22, when exports surged by 47.91% over the prior year. ### India records a trade deficit of ₹120.89 Crore in HSN Chapter 50 goods In FY 2024-25, India's imports of ₹1,496.12 Cr exceeded exports of ₹1,375.23 Cr, resulting in a trade deficit of ₹120.89 Crore — ranking #50 of 97 by surplus magnitude. ### Import growth of 0.89% CAGR signals stable import dependency for Silk India's imports under HSN Chapter 50 have grown at 0.89% CAGR, reaching ₹1,496.12 Crore in FY 2024-25. ## Related HSN Chapters in Section 11 Ranked by export value (FY 2024-25). | Rank | HSN Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Chapter 62: Apparel & Clothing Accessories](https://busy.in/hsn/chapter-62/) | ₹70,396 Cr | | #2 | [HSN Chapter 61: Knitted Apparel & Clothing Accessories](https://busy.in/hsn/chapter-61/) | ₹65,181 Cr | | #3 | [HSN Chapter 52: Cotton](https://busy.in/hsn/chapter-52/) | ₹53,603 Cr | | #4 | [HSN Chapter 63: Made-up Textile, Worn Clothing & Rags](https://busy.in/hsn/chapter-63/) | ₹51,628 Cr | | #5 | [HSN Chapter 57: Carpets and Other Textile Floor Coverings](https://busy.in/hsn/chapter-57/) | ₹17,744 Cr | | #6 | [HSN Chapter 54: Man-made filaments; strip and the like of man-made textile materials](https://busy.in/hsn/chapter-54/) | ₹14,970 Cr | | #7 | [HSN Chapter 55: Man-made staple fibres](https://busy.in/hsn/chapter-55/) | ₹13,643 Cr | | #8 | [HSN Chapter 56: Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof](https://busy.in/hsn/chapter-56/) | ₹5,636 Cr | | #9 | [HSN Chapter 53: Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn](https://busy.in/hsn/chapter-53/) | ₹5,179 Cr | | #10 | [HSN Chapter 60: Knitted/Crocheted Fabrics](https://busy.in/hsn/chapter-60/) | ₹4,999 Cr | | #11 | [HSN Chapter 59: Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use](https://busy.in/hsn/chapter-59/) | ₹4,258 Cr | | #12 | [HSN Chapter 58: Special Woven Fabrics, Lace & Embroidery](https://busy.in/hsn/chapter-58/) | ₹3,107 Cr | | #13 | HSN Chapter 50: Silk (this hsn chapter) | ₹1,375 Cr | | #14 | [HSN Chapter 51: Wool, fine or coarse animal hair; horsehair yarn and woven fabric](https://busy.in/hsn/chapter-51/) | ₹1,142 Cr | ## Other chapters in this section | Code | Title | | --- | --- | | 51 | [Wool, fine or coarse animal hair; horsehair yarn and woven fabric](https://busy.in/hsn/chapter-51/) | | 52 | [Cotton](https://busy.in/hsn/chapter-52/) | | 53 | [Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn](https://busy.in/hsn/chapter-53/) | | 54 | [Man-made filaments; strip and the like of man-made textile materials](https://busy.in/hsn/chapter-54/) | | 55 | [Man-made staple fibres](https://busy.in/hsn/chapter-55/) | | 56 | [Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof](https://busy.in/hsn/chapter-56/) | | 57 | [Carpets and Other Textile Floor Coverings](https://busy.in/hsn/chapter-57/) | | 58 | [Special Woven Fabrics, Lace & Embroidery](https://busy.in/hsn/chapter-58/) | | 59 | [Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use](https://busy.in/hsn/chapter-59/) | | 60 | [Knitted/Crocheted Fabrics](https://busy.in/hsn/chapter-60/) | | 61 | [Knitted Apparel & Clothing Accessories](https://busy.in/hsn/chapter-61/) | | 62 | [Apparel & Clothing Accessories](https://busy.in/hsn/chapter-62/) | | 63 | [Made-up Textile, Worn Clothing & Rags](https://busy.in/hsn/chapter-63/) |