Consistent Export Growth: 4.40% CAGR Over 7 Years
India's exports under HSN Chapter 13 have grown at a compound annual rate of 4.40% over 7 fiscal years, rising from ₹7,375.82 Crore in FY 2018-19 to ₹9,549.62 Crore in FY 2024-25.
13 HSN Code: Lac, Gums, Resins and Other Vegetable Extracts
HSN Chapter 13 represents Lac, Gums, Resins and Other Vegetable Extracts under GST classification. This code helps businesses identify Lac, Gums, Resins and Other Vegetable Extracts correctly for billing, taxation, and trade purposes. With HSN Chapter 13, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lac, Gums, Resins and Other Vegetable Extracts.
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Sub-chapters under HSN Chapter 13
Following Sub Chapters fall under Lac, Gums, Resins and Other Vegetable Extracts:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Lac; natural gums, resins, gum:resins and oleoresins (for example, balsams)
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
18
%
Description
Vegetable saps and extracts; pectic substances, pectinates and pectates; agar:agar and other mucilages and thickeners, whether or not modified, derived from vegetable products
India’s Trade Performance — HSN Chapter 13 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₹9,550 Cr
+18.57%
vs FY 2023-24
0.2579% of India’s total exports
India’s Imports
FY 2024-25₹3,338 Cr
+10.36%
vs FY 2023-24
0.0547% of India’s total imports
Trade Balance
FY 2024-25₹6,212 Cr
Trade Surplus
Surplus rank #28 of 97 chapters
At a glance
4.40%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#51
National Export Rank
of 97 chapters by export value, FY 2024-25
+35.35%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.3×
Export Growth · 7Y
₹7,375.82 Cr → ₹9,549.62 Cr
India Export-Import Trade Statistics for HSN Chapter 13
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 #45
Balance
+5,594.72
Exports
7,375.82 ₹ Cr
0.3198% share
— YoY
Imports
1,781.10 ₹ Cr
0.0496% share
— YoY
FY 2019-20
Exp. Rank #50
Balance
+3,870.46
Exports
5,830.33 ₹ Cr
0.2628% share
−20.95% YoY
Imports
1,959.87 ₹ Cr
0.0583% share
+10.04% YoY
FY 2020-21
Exp. Rank #51
Balance
+3,501.42
Exports
5,392.85 ₹ Cr
0.2499% share
−7.50% YoY
Imports
1,891.43 ₹ Cr
0.0649% share
−3.49% YoY
FY 2021-22
Exp. Rank #50
Balance
+5,176.64
Exports
7,299.34 ₹ Cr
0.2320% share
+35.35% YoY
Imports
2,122.70 ₹ Cr
0.0464% share
+12.23% YoY
FY 2022-23
Exp. Rank #50
Balance
+5,278.10
Exports
8,630.68 ₹ Cr
0.2384% share
+18.24% YoY
Imports
3,352.58 ₹ Cr
0.0583% share
+57.94% YoY
FY 2023-24
Exp. Rank #52
Balance
+5,029.34
Exports
8,053.79 ₹ Cr
0.2226% share
−6.68% YoY
Imports
3,024.45 ₹ Cr
0.0539% share
−9.79% YoY
FY 2024-25
Exp. Rank #51
Balance
+6,211.90
Exports
9,549.62 ₹ Cr
0.2579% share
+18.57% YoY
Imports
3,337.72 ₹ Cr
0.0547% share
+10.36% YoY
CAGR · 7-Year
Exports
4.40% /yr
Imports
11.04% /yr
Consistently Surplus
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 13 Export-Import Analysis
HSN Chapter 13 Ranked #51 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 13 ranks #51 out of 97 chapters by total export value. By trade surplus, it ranks #28 of 97.
FY 2021-22 Was the Strongest Growth Year for HSN Chapter 13 Exports
The strongest single-year export movement for HSN Chapter 13 was recorded in FY 2021-22, when exports surged by 35.35% over the prior year.
India Maintains a Trade Surplus of ₹6,211.90 Crore in HSN Chapter 13 Goods
In FY 2024-25, India's exports of ₹9,549.62 Cr exceeded imports of ₹3,337.72 Cr, resulting in a trade surplus of ₹6,211.90 Crore — ranking #28 of 97 by surplus magnitude.
Import Growth of 11.04% CAGR Signals Rising Demand for Lac, Gums, Resins and Other Vegetable Extracts
India's imports under HSN Chapter 13 have grown at 11.04% CAGR, reaching ₹3,337.72 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.