Export HS Code 570241 (Of wool or fine animal hair:) to Australia
HS Code Details
🇦🇺 Australia
India–Australia Trade Data for HS 5702
India exported $70.47M worth of of wool or fine animal hair: (HS 5702) to Australia in 2024. This represents a 16.0% increase from 2023.
India also imported $1.1K of this product category from Australia in 2024.
Export Trend (USD)
Exporting Of wool or fine animal hair: to Australia
Trade Agreement Benefit: India and Australia have a India-Australia ECTA which may offer preferential duty rates for this product category. Apply for a Certificate of Origin to claim reduced tariffs.
Exporting of wool or fine animal hair: (HS Code 570241) from India to Australia requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and Australia's import requirements.
Key considerations include proper classification under HS 570241, accurate valuation, and meeting any product-specific standards or certifications required by Australia. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.
Exports from India to Australia are primarily shipped via sea, with transit times of 15–25 days.
Documentation Required
Commercial Invoice
Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.
Packing List
Itemized list of contents, weights, dimensions, and package markings for each shipment unit.
Bill of Lading / Airway Bill
Transport document issued by the carrier confirming receipt of goods for shipment.
Certificate of Origin
Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.
Shipping Bill
Filed with Indian Customs for export clearance. Generated through ICEGATE.
Letter of Credit / Bank Documents
Payment guarantee instrument. Commonly used for first-time trade partners.
Insurance Certificate
Proof of marine/cargo insurance covering the shipment against loss or damage.
Textile Committee Certificate
Quality and compliance certificate for textile exports from India.
Related HS Codes in Chapter 57
Other Export Destinations for Of wool or fine animal hair:
Export Of wool or fine animal hair: to Australia with XIMPEX
From documentation to logistics and compliance — XIMPEX provides end-to-end export support for your Australia trade.