Consistent Export Growth: 15.38% CAGR Over 7 Years
India's exports under HSN Chapter 59 have grown at a compound annual rate of 15.38% over 7 fiscal years, rising from ₹1,804.62 Crore in FY 2018-19 to ₹4,258.45 Crore in FY 2024-25.
59 HSN Code: Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use
HSN Chapter 59 represents Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use under GST classification. This code helps businesses identify Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use correctly for billing, taxation, and trade purposes. With HSN Chapter 59, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use.
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Sub-chapters under HSN Chapter 59
Following Sub Chapters fall under Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like; tracing cloth; prepared painting canvas; buckram and similar stiffened textile fabrics of a kind used for hat foundations
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Tyre cord fabric of high tenacity yarn of nylon or other polyamides, polyesters or viscose rayon
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Textile fabrics, impregnated, coated, covered or laminated with plastics, other than those of heading 5902
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Linoleum, whether or not cut to shape; floor coverings consisting of a coating or covering applied on a textile backing, whether or not cut to shape
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Rubberised textile fabrics, other than those of heading 5902
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Textile fabrics otherwise impregnated, coated or covered; painted canvas being theatrical scenery, studio back-cloths or the like
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Textile wicks, woven, plaited or knitted, for lamps, stoves, lighters, candles or the like; incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Textile hose piping and similar textile tubing, with or without lining, armour or accessories of other materials
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Transmission or conveyor belts or belting, of textile material, whether or not impregnated, coated, covered or laminated with plastics, or reinforced with metal or other material
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Textile products and articles, for technical uses, specified in note 7 to this chapter
India’s Trade Performance — HSN Chapter 59 in FY 2024-25
TradeStat EIDB — Ministry of Commerce & Industry
FY 2018-19–FY 2024-25
Values in ₹ Crore
India’s Exports
FY 2024-25₹4,258 Cr
+7.28%
vs FY 2023-24
0.1150% of India’s total exports
India’s Imports
FY 2024-25₹6,838 Cr
+6.98%
vs FY 2023-24
0.1121% of India’s total imports
Trade Balance
FY 2024-25−₹2,580 Cr
Trade Deficit
Surplus rank #61 of 97 chapters
At a glance
15.38%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#68
National Export Rank
of 97 chapters by export value, FY 2024-25
+30.15%
Peak Growth Year
FY 2020-21 · strongest single-year move
2.4×
Export Growth · 7Y
₹1,804.62 Cr → ₹4,258.45 Cr
India Export-Import Trade Statistics for HSN Chapter 59
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
FY 2018-19
Exp. Rank #71
Balance
−4,304.90
Exports
1,804.62 ₹ Cr
0.0782% share
— YoY
Imports
6,109.52 ₹ Cr
0.1700% share
— YoY
FY 2019-20
Exp. Rank #69
Balance
−3,188.48
Exports
2,065.11 ₹ Cr
0.0931% share
+14.43% YoY
Imports
5,253.59 ₹ Cr
0.1563% share
−14.01% YoY
FY 2020-21
Exp. Rank #66
Balance
−1,261.32
Exports
2,687.65 ₹ Cr
0.1245% share
+30.15% YoY
Imports
3,948.97 ₹ Cr
0.1354% share
−24.83% YoY
FY 2021-22
Exp. Rank #68
Balance
−3,065.36
Exports
3,303.36 ₹ Cr
0.1050% share
+22.91% YoY
Imports
6,368.72 ₹ Cr
0.1393% share
+61.28% YoY
FY 2022-23
Exp. Rank #69
Balance
−3,771.88
Exports
3,129.08 ₹ Cr
0.0864% share
−5.28% YoY
Imports
6,900.96 ₹ Cr
0.1200% share
+8.36% YoY
FY 2023-24
Exp. Rank #65
Balance
−2,422.74
Exports
3,969.29 ₹ Cr
0.1097% share
+26.85% YoY
Imports
6,392.03 ₹ Cr
0.1138% share
−7.37% YoY
FY 2024-25
Exp. Rank #68
Balance
−2,579.61
Exports
4,258.45 ₹ Cr
0.1150% share
+7.28% YoY
Imports
6,838.06 ₹ Cr
0.1121% share
+6.98% YoY
CAGR · 7-Year
Exports
15.38% /yr
Imports
1.90% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 59 Export-Import Analysis
HSN Chapter 59 Ranked #68 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 59 ranks #68 out of 97 chapters by total export value. By trade surplus, it ranks #61 of 97.
FY 2020-21 Was the Strongest Growth Year for HSN Chapter 59 Exports
The strongest single-year export movement for HSN Chapter 59 was recorded in FY 2020-21, when exports surged by 30.15% over the prior year.
India Records a Trade Deficit of ₹2,579.61 Crore in HSN Chapter 59 Goods
In FY 2024-25, India's imports of ₹6,838.06 Cr exceeded exports of ₹4,258.45 Cr, resulting in a trade deficit of ₹2,579.61 Crore — ranking #61 of 97 by surplus magnitude.
Import Growth of 1.90% CAGR Signals Stable Import Dependency for Impregnated, Coated, Covered or Laminated Textile Fabrics for Industrial Use
India's imports under HSN Chapter 59 have grown at 1.90% CAGR, reaching ₹6,838.06 Crore in FY 2024-25.
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Important Disclaimer
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.