Consistent Export Growth: 18.09% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4501 have grown at a compound annual rate of 18.09% over 7 fiscal years, rising from ₹0.59 Crore in FY 2018-19 to ₹1.60 Crore in FY 2024-25.
4501 HSN Code: Natural cork & processed cork
HSN Sub Chapter 4501 represents Natural cork & processed cork under GST classification. This code helps businesses identify Natural cork & processed cork correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4501, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural cork & processed cork.
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New GST Rate for HSN Code 4501
GST Rate for Natural cork & processed cork under HSN Code 4501. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Tariff HSN Codes under HSN Sub Chapter 4501
Following tariff HSN codes fall under Natural cork & processed cork.
India’s Trade Performance — HSN Sub-Chapter 4501 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₹2 Cr
+39.13%
vs FY 2023-24
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹48 Cr
+15.60%
vs FY 2023-24
0.0008% of India’s total imports
Trade Balance
FY 2024-25−₹46 Cr
Trade Deficit
Surplus rank #664 of 1233 subchapters
% of Chapter 45
FY 2024-253.82%
Share of Chapter 45’s total exports in FY 2024-25
Import side: 45.39% of Chapter 45’s imports
Rank Within Chapter 45
FY 2024-25#2 of 4
Position by export value among subchapters in Chapter 45
Import-side rank: #1 of 4
At a glance
18.09%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1130
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+83.05%
Peak Growth Year
FY 2019-20 · strongest single-year move
3.82%
Contribution to Ch. 45
Share of Chapter 45 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Sub-Chapter 4501
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 #1150
Balance
−37.04
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
2.27% of Ch. 45
Imports
37.63 ₹ Cr
0.0010% share
— YoY
67.43% of Ch. 45
FY 2019-20
Exp. Rank #1127
Balance
−30.92
Exports
1.08 ₹ Cr
0.0000% share
+83.05% YoY
4.81% of Ch. 45
Imports
32.00 ₹ Cr
0.0010% share
−14.96% YoY
61.21% of Ch. 45
FY 2020-21
Exp. Rank #1107
Balance
−27.45
Exports
1.52 ₹ Cr
0.0001% share
+40.74% YoY
5.51% of Ch. 45
Imports
28.97 ₹ Cr
0.0010% share
−9.47% YoY
72.14% of Ch. 45
FY 2021-22
Exp. Rank #1140
Balance
−33.19
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−46.71% YoY
2.37% of Ch. 45
Imports
34.00 ₹ Cr
0.0007% share
+17.36% YoY
54.07% of Ch. 45
FY 2022-23
Exp. Rank #1127
Balance
−26.20
Exports
1.43 ₹ Cr
0.0000% share
+76.54% YoY
3.88% of Ch. 45
Imports
27.63 ₹ Cr
0.0005% share
−18.74% YoY
40.21% of Ch. 45
FY 2023-24
Exp. Rank #1144
Balance
−40.08
Exports
1.15 ₹ Cr
0.0000% share
−19.58% YoY
2.63% of Ch. 45
Imports
41.23 ₹ Cr
0.0007% share
+49.22% YoY
42.77% of Ch. 45
FY 2024-25
Exp. Rank #1130
Balance
−46.06
Exports
1.60 ₹ Cr
0.0000% share
+39.13% YoY
3.82% of Ch. 45
Imports
47.66 ₹ Cr
0.0008% share
+15.60% YoY
45.39% of Ch. 45
CAGR · 7-Year
Exports
18.09% /yr
Imports
4.02% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Sub-Chapter 4501 Export-Import Analysis
HSN Sub-Chapter 4501 Ranked #1130 Among All 1233 Subchapters by Export Value
In FY 2024-25, HSN Sub-Chapter 4501 ranks #1130 out of 1233 subchapters by total export value. Within Chapter 45, it ranks #2 of 4. By trade surplus, it ranks #664 of 1233.
FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 4501 Exports
The strongest single-year export movement for HSN Sub-Chapter 4501 was recorded in FY 2019-20, when exports surged by 83.05% over the prior year.
India Records a Trade Deficit of ₹46.06 Crore in HSN Sub-Chapter 4501 Goods
In FY 2024-25, India's imports of ₹47.66 Cr exceeded exports of ₹1.60 Cr, resulting in a trade deficit of ₹46.06 Crore — ranking #664 of 1233 by surplus magnitude.
Import Growth of 4.02% CAGR Signals Stable Import Dependency for Natural cork & processed cork
India's imports under HSN Sub-Chapter 4501 have grown at 4.02% CAGR, reaching ₹47.66 Crore in FY 2024-25.
HSN Sub-Chapter 4501 Contributes 3.82% of Chapter 45 Exports — Ranked #2
Among the 4 subchapters under Chapter 45, HSN Sub-Chapter 4501 ranks #2 by export value — accounting for 3.82% of the chapter's total exports in FY 2024-25. On the import side, it holds 45.39% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Sub Chapter 4501 and GST compliance.
What products are classified under HSN 4501
It includes Natural cork & processed cork
Do spares or accessories of Natural cork & processed cork follow the same HSN?
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
What misclassification mistakes happen with Natural cork & processed cork?
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Any import/export nuance for Natural cork & processed cork?
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
What are the e‑way bill and e‑invoice points while moving Natural cork & processed cork?
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
How do I bill a kit or combo that includes Natural cork & processed cork?
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.