Consistent Export Growth: 18.23% CAGR Over 7 Years
India's exports under HSN Chapter 11 have grown at a compound annual rate of 18.23% over 7 fiscal years, rising from ₹2,249.40 Crore in FY 2018-19 to ₹6,142.61 Crore in FY 2024-25.
HSN Chapter 11 represents Milling Industry Products, Malt, Starches and Inulin under GST classification. This code helps businesses identify Milling Industry Products, Malt, Starches and Inulin correctly for billing, taxation, and trade purposes. With HSN Chapter 11, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Milling Industry Products, Malt, Starches and Inulin.
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Following Sub Chapters fall under Milling Industry Products, Malt, Starches and Inulin:
Sub Chapter
New GST Rate
Old GST Rate
Description
Cereal flours other than that of wheat or meslin
Sub Chapter
New GST Rate
Old GST Rate
Description
Cereal groats, meal and pellets
Sub Chapter
New GST Rate
Old GST Rate
Description
Cereal grains otherwise worked (for example, hulled, rolled, flaked, pearled, sliced, or kibbled), except rice of heading 1006; germ of cereals, whole, rolled, flaked or ground
Sub Chapter
New GST Rate
Old GST Rate
Description
Meal, powder, flakes, granules and pellets of potatoes
Sub Chapter
New GST Rate
Old GST Rate
Description
Flour, meal and powder of the dried leguminous vegetables of heading 0713, of sago or of roots or tubers of heading 0714 or of the products of chapter 8
Sub Chapter
New GST Rate
Old GST Rate
Description
Malt, whether or not roasted
Sub Chapter
New GST Rate
Old GST Rate
Description
Wheat gluten, whether or not dried
India’s Exports
FY 2024-25₹6,143 Cr
0.1659% of India’s total exports
India’s Imports
FY 2024-25₹923 Cr
0.0151% of India’s total imports
Trade Balance
FY 2024-25₹5,219 Cr
Surplus rank #31 of 97 chapters
At a glance
18.23%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#60
National Export Rank
of 97 chapters by export value, FY 2024-25
+52.38%
Peak Growth Year
FY 2021-22 · strongest single-year move
2.7×
Export Growth · 7Y
₹2,249.40 Cr → ₹6,142.61 Cr
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1,732.19
Exports
2,249.40 ₹ Cr
0.0975% share
— YoY
Imports
517.21 ₹ Cr
0.0144% share
— YoY
Balance
+1,846.08
Exports
2,368.65 ₹ Cr
0.1068% share
+5.30% YoY
Imports
522.57 ₹ Cr
0.0155% share
+1.04% YoY
Balance
+2,724.04
Exports
3,216.88 ₹ Cr
0.1490% share
+35.81% YoY
Imports
492.84 ₹ Cr
0.0169% share
−5.69% YoY
Balance
+4,330.68
Exports
4,901.77 ₹ Cr
0.1558% share
+52.38% YoY
Imports
571.09 ₹ Cr
0.0125% share
+15.88% YoY
Balance
+5,425.93
Exports
6,065.63 ₹ Cr
0.1675% share
+23.74% YoY
Imports
639.70 ₹ Cr
0.0111% share
+12.01% YoY
Balance
+5,210.74
Exports
5,968.35 ₹ Cr
0.1650% share
−1.60% YoY
Imports
757.61 ₹ Cr
0.0135% share
+18.43% YoY
Balance
+5,219.21
Exports
6,142.61 ₹ Cr
0.1659% share
+2.92% YoY
Imports
923.40 ₹ Cr
0.0151% share
+21.88% YoY
CAGR · 7-Year
Exports
18.23% /yr
Imports
10.14% /yr
India's exports under HSN Chapter 11 have grown at a compound annual rate of 18.23% over 7 fiscal years, rising from ₹2,249.40 Crore in FY 2018-19 to ₹6,142.61 Crore in FY 2024-25.
In FY 2024-25, HSN Chapter 11 ranks #60 out of 97 chapters by total export value. By trade surplus, it ranks #31 of 97.
The strongest single-year export movement for HSN Chapter 11 was recorded in FY 2021-22, when exports surged by 52.38% over the prior year.
In FY 2024-25, India's exports of ₹6,142.61 Cr exceeded imports of ₹923.40 Cr, resulting in a trade surplus of ₹5,219.21 Crore — ranking #31 of 97 by surplus magnitude.
India's imports under HSN Chapter 11 have grown at 10.14% CAGR, reaching ₹923.40 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.