Consistent Export Growth: 21.18% CAGR Over 8 Years
India's exports under HSN Chapter 50 have grown at a compound annual rate of 21.18% over 8 fiscal years, rising from ₹591.56 Crore in FY 2018-19 to ₹2,269.31 Crore in FY 2025-26.
HSN Chapter 50 represents Silk under GST classification. This code helps businesses identify Silk correctly for billing, taxation, and trade purposes. With HSN Chapter 50, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Silk.
Manage correct HSN codes and GST rates with BUSY.
Following Sub Chapters fall under Silk:
Sub Chapter
New GST Rate
Old GST Rate
Description
Silk-worm cocoons suitable for reeling
Sub Chapter
New GST Rate
Old GST Rate
Description
Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)
Sub Chapter
New GST Rate
Old GST Rate
Description
Silk yarn (other than yarn spun from silk waste) not put up for retail sale
Sub Chapter
New GST Rate
Old GST Rate
Description
Yarn spun from silk waste, not put up for retail sale
Sub Chapter
New GST Rate
Silk yarn put up for retail sale 5%; silk-worm gut 18% (not covered by the 5% silk yarn entry).
Old GST Rate
Description
Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
Sub Chapter
New GST Rate
Exempt for Khadi fabric sold through KVIC or KVIC-certified institutions/outlets; 5% otherwise.
Old GST Rate
Description
Woven fabrics of silk or of silk waste
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹2,269 Cr
0.0582% of India’s total exports
India’s Imports
FY 2025-26₹1,839 Cr
0.0268% of India’s total imports
Trade Balance
FY 2025-26₹431 Cr
Surplus rank #45 of 97 chapters
At a glance
21.18%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#79
National Export Rank
of 97 chapters by export value, FY 2025-26
+65.01%
Peak Growth Year
FY 2025-26 · strongest single-year move
3.8×
Export Growth · 8Y
₹591.56 Cr → ₹2,269.31 Cr
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−827.37
Exports
591.56 ₹ Cr
0.0256% share
— YoY
Imports
1,418.93 ₹ Cr
0.0395% share
— YoY
Balance
−893.70
Exports
595.41 ₹ Cr
0.0268% share
+0.65% YoY
Imports
1,489.11 ₹ Cr
0.0443% share
+4.95% YoY
Balance
−147.40
Exports
586.20 ₹ Cr
0.0272% share
−1.55% YoY
Imports
733.60 ₹ Cr
0.0252% share
−50.74% YoY
Balance
−237.83
Exports
867.04 ₹ Cr
0.0276% share
+47.91% YoY
Imports
1,104.87 ₹ Cr
0.0242% share
+50.61% YoY
Balance
−1,361.56
Exports
812.26 ₹ Cr
0.0224% share
−6.32% YoY
Imports
2,173.82 ₹ Cr
0.0378% share
+96.75% YoY
Balance
−698.72
Exports
1,027.36 ₹ Cr
0.0284% share
+26.48% YoY
Imports
1,726.08 ₹ Cr
0.0307% share
−20.60% YoY
Balance
−120.89
Exports
1,375.23 ₹ Cr
0.0371% share
+33.86% YoY
Imports
1,496.12 ₹ Cr
0.0245% share
−13.32% YoY
Balance
+430.57
Exports
2,269.31 ₹ Cr
0.0582% share
+65.01% YoY
Imports
1,838.74 ₹ Cr
0.0268% share
+22.90% YoY
CAGR · 8-Year
Exports
21.18% /yr
Imports
3.77% /yr
India's exports under HSN Chapter 50 have grown at a compound annual rate of 21.18% over 8 fiscal years, rising from ₹591.56 Crore in FY 2018-19 to ₹2,269.31 Crore in FY 2025-26.
In FY 2025-26, HSN Chapter 50 ranks #79 out of 97 chapters by total export value. By trade surplus, it ranks #45 of 97.
The strongest single-year export movement for HSN Chapter 50 was recorded in FY 2025-26, when exports surged by 65.01% over the prior year.
In FY 2025-26, India's exports of ₹2,269.31 Cr exceeded imports of ₹1,838.74 Cr, resulting in a trade surplus of ₹430.57 Crore — ranking #45 of 97 by surplus magnitude.
India's imports under HSN Chapter 50 have grown at 3.77% CAGR, reaching ₹1,838.74 Crore in FY 2025-26.