Export Decline: −9.23% CAGR Over 7 Years
India's exports under HSN Chapter 01 have declined at a compound annual rate of −9.23% over 7 fiscal years, falling from ₹298.09 Crore in FY 2018-19 to ₹166.68 Crore in FY 2024-25.
01 HSN Code: Live Animal
HSN Chapter 01 represents Live Animal under GST classification. This code helps businesses identify Live Animal correctly for billing, taxation, and trade purposes. With HSN Chapter 01, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Live Animal.
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Sub-chapters under HSN Chapter 01
Following Sub Chapters fall under Live Animal:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
0
%
Exempted
Old GST Rate
0
%
Description
Live horses, asses, mules and hinnies
Sub Chapter
New GST Rate
0
%
Exempted
Old GST Rate
0
%
Description
Live Poultry, that is to say, Fowls of the species Gallus Domesticus, Ducks, Geese, Turkeys and Guinea Fowls
India’s Trade Performance — HSN Chapter 01 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₹167 Cr
+62.66%
vs FY 2023-24
0.0045% of India’s total exports
India’s Imports
FY 2024-25₹223 Cr
+40.91%
vs FY 2023-24
0.0037% of India’s total imports
Trade Balance
FY 2024-25−₹56 Cr
Trade Deficit
Surplus rank #48 of 97 chapters
At a glance
−9.23%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#92
National Export Rank
of 97 chapters by export value, FY 2024-25
+150.05%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.6×
Export Growth · 7Y
₹298.09 Cr → ₹166.68 Cr
India Export-Import Trade Statistics for HSN Chapter 01
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 #89
Balance
+235.47
Exports
298.09 ₹ Cr
0.0129% share
— YoY
Imports
62.62 ₹ Cr
0.0017% share
— YoY
FY 2019-20
Exp. Rank #90
Balance
+150.88
Exports
238.01 ₹ Cr
0.0107% share
−20.16% YoY
Imports
87.13 ₹ Cr
0.0026% share
+39.14% YoY
FY 2020-21
Exp. Rank #94
Balance
−13.64
Exports
63.24 ₹ Cr
0.0029% share
−73.43% YoY
Imports
76.88 ₹ Cr
0.0026% share
−11.76% YoY
FY 2021-22
Exp. Rank #94
Balance
−3.85
Exports
73.92 ₹ Cr
0.0023% share
+16.89% YoY
Imports
77.77 ₹ Cr
0.0017% share
+1.16% YoY
FY 2022-23
Exp. Rank #94
Balance
−47.30
Exports
40.98 ₹ Cr
0.0011% share
−44.56% YoY
Imports
88.28 ₹ Cr
0.0015% share
+13.51% YoY
FY 2023-24
Exp. Rank #93
Balance
−55.86
Exports
102.47 ₹ Cr
0.0028% share
+150.05% YoY
Imports
158.33 ₹ Cr
0.0028% share
+79.35% YoY
FY 2024-25
Exp. Rank #92
Balance
−56.42
Exports
166.68 ₹ Cr
0.0045% share
+62.66% YoY
Imports
223.10 ₹ Cr
0.0037% share
+40.91% YoY
CAGR · 7-Year
Exports
−9.23% /yr
Imports
23.58% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 01 Export-Import Analysis
HSN Chapter 01 Ranked #92 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 01 ranks #92 out of 97 chapters by total export value. By trade surplus, it ranks #48 of 97.
FY 2023-24 Was the Strongest Growth Year for HSN Chapter 01 Exports
The strongest single-year export movement for HSN Chapter 01 was recorded in FY 2023-24, when exports surged by 150.05% over the prior year.
India Records a Trade Deficit of ₹56.42 Crore in HSN Chapter 01 Goods
In FY 2024-25, India's imports of ₹223.10 Cr exceeded exports of ₹166.68 Cr, resulting in a trade deficit of ₹56.42 Crore — ranking #48 of 97 by surplus magnitude.
Import Growth of 23.58% CAGR Signals Rising Demand for Live Animal
India's imports under HSN Chapter 01 have grown at 23.58% CAGR, reaching ₹223.10 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.