Export Decline: −13.44% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 5101 have declined at a compound annual rate of −13.44% over 7 fiscal years, falling from ₹7.94 Crore in FY 2018-19 to ₹3.34 Crore in FY 2024-25.
HSN Sub Chapter 5101 represents Wool, combed or not under GST classification. This code helps businesses identify Wool, combed or not correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5101, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wool, combed or not.
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GST Rate for Wool, combed or not under HSN Code 5101. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Wool, combed or not.
Tariff HSN
Description
Greasy, including fleece-washed wool : Shorn wool
Tariff HSN
Description
Greasy, including fleece-washed wool : Other
Tariff HSN
Description
Degreased, not carbonised : Shorn wool
Tariff HSN
Description
Degreased, not carbonised : Other
Tariff HSN
Description
Carbonised
India’s Exports
FY 2024-25₹3 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25₹1,741 Cr
0.0285% of India’s total imports
Trade Balance
FY 2024-25−₹1,737 Cr
Surplus rank #1013 of 1233 subchapters
% of Chapter 51
FY 2024-250.29%
Share of Chapter 51’s total exports in FY 2024-25
Import side: 70.51% of Chapter 51’s imports
Rank Within Chapter 51
FY 2024-25#8 of 13
Position by export value among subchapters in Chapter 51
Import-side rank: #1 of 13
At a glance
−13.44%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1107
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+355.68%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.29%
Contribution to Ch. 51
Share of Chapter 51 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2,151.62
Exports
7.94 ₹ Cr
0.0003% share
— YoY
0.57% of Ch. 51
Imports
2,159.56 ₹ Cr
0.0601% share
— YoY
80.60% of Ch. 51
Balance
−1,592.83
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−92.07% YoY
0.06% of Ch. 51
Imports
1,593.46 ₹ Cr
0.0475% share
−26.21% YoY
77.48% of Ch. 51
Balance
−994.48
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+7.94% YoY
0.10% of Ch. 51
Imports
995.16 ₹ Cr
0.0342% share
−37.55% YoY
81.55% of Ch. 51
Balance
−1,659.50
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+29.41% YoY
0.09% of Ch. 51
Imports
1,660.38 ₹ Cr
0.0363% share
+66.85% YoY
79.66% of Ch. 51
Balance
−1,860.57
Exports
4.01 ₹ Cr
0.0001% share
+355.68% YoY
0.29% of Ch. 51
Imports
1,864.58 ₹ Cr
0.0324% share
+12.30% YoY
72.86% of Ch. 51
Balance
−1,792.97
Exports
5.50 ₹ Cr
0.0002% share
+37.16% YoY
0.40% of Ch. 51
Imports
1,798.47 ₹ Cr
0.0320% share
−3.55% YoY
70.67% of Ch. 51
Balance
−1,737.48
Exports
3.34 ₹ Cr
0.0001% share
−39.27% YoY
0.29% of Ch. 51
Imports
1,740.82 ₹ Cr
0.0285% share
−3.21% YoY
70.51% of Ch. 51
CAGR · 7-Year
Exports
−13.44% /yr
Imports
−3.53% /yr
reference, FY 2024-25
Export
₹1,142.39 Cr
Import
₹2,468.85 Cr
Trade Balance
−1,326.46
India's exports under HSN Sub-Chapter 5101 have declined at a compound annual rate of −13.44% over 7 fiscal years, falling from ₹7.94 Crore in FY 2018-19 to ₹3.34 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 5101 ranks #1107 out of 1233 subchapters by total export value. Within Chapter 51, it ranks #8 of 13. By trade surplus, it ranks #1013 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 5101 was recorded in FY 2022-23, when exports surged by 355.68% over the prior year.
In FY 2024-25, India's imports of ₹1,740.82 Cr exceeded exports of ₹3.34 Cr, resulting in a trade deficit of ₹1,737.48 Crore — ranking #1013 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 5101 have grown at −3.53% CAGR, reaching ₹1,740.82 Crore in FY 2024-25.
Among the 13 subchapters under Chapter 51, HSN Sub-Chapter 5101 ranks #8 by export value — accounting for 0.29% of the chapter's total exports in FY 2024-25. On the import side, it holds 70.51% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 5101 and GST compliance.
It includes Wool, combed or not
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Use a delivery challan for sending Wool, combed or not to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.