Consistent Export Growth: 10.87% CAGR Over 7 Years
India's exports under HSN Chapter 17 have grown at a compound annual rate of 10.87% over 7 fiscal years, rising from ₹11,404.71 Crore in FY 2018-19 to ₹21,182.41 Crore in FY 2024-25.
17 HSN Code: Sugars and Sugar Confectionery
HSN Chapter 17 represents Sugars and Sugar Confectionery under GST classification. This code helps businesses identify Sugars and Sugar Confectionery correctly for billing, taxation, and trade purposes. With HSN Chapter 17, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sugars and Sugar Confectionery.
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Sub-chapters under HSN Chapter 17
Following Sub Chapters fall under Sugars and Sugar Confectionery:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Cane or beet sugar and chemically pure sucrose, in solid form, jaggery of all types including cane jaggery (gur), palmyra jaggery, pre-packaged and labelled; Khandsari Sugar, pre-packaged and labelled.
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
28
%
Description
Other sugars, including chemically pure lactose, maltose, glucose and fructose,in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel,
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Molasses resulting from the extraction or refining of sugar
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Sugar confectionery (including white chocolate), not containing cocoa
India’s Trade Performance — HSN Chapter 17 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₹21,182 Cr
−22.28%
vs FY 2023-24
0.5720% of India’s total exports
India’s Imports
FY 2024-25₹13,069 Cr
−26.68%
vs FY 2023-24
0.2143% of India’s total imports
Trade Balance
FY 2024-25₹8,113 Cr
Trade Surplus
Surplus rank #23 of 97 chapters
At a glance
10.87%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#33
National Export Rank
of 97 chapters by export value, FY 2024-25
+62.83%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.9×
Export Growth · 7Y
₹11,404.71 Cr → ₹21,182.41 Cr
India Export-Import Trade Statistics for HSN Chapter 17
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 #39
Balance
+7,566.71
Exports
11,404.71 ₹ Cr
0.4944% share
— YoY
Imports
3,838.00 ₹ Cr
0.1068% share
— YoY
FY 2019-20
Exp. Rank #30
Balance
+12,373.69
Exports
15,582.47 ₹ Cr
0.7024% share
+36.63% YoY
Imports
3,208.78 ₹ Cr
0.0955% share
−16.39% YoY
FY 2020-21
Exp. Rank #25
Balance
+17,746.11
Exports
23,320.89 ₹ Cr
1.0805% share
+49.66% YoY
Imports
5,574.78 ₹ Cr
0.1912% share
+73.74% YoY
FY 2021-22
Exp. Rank #19
Balance
+35,731.24
Exports
37,973.57 ₹ Cr
1.2068% share
+62.83% YoY
Imports
2,242.33 ₹ Cr
0.0490% share
−59.78% YoY
FY 2022-23
Exp. Rank #17
Balance
+47,249.14
Exports
50,751.48 ₹ Cr
1.4017% share
+33.65% YoY
Imports
3,502.34 ₹ Cr
0.0609% share
+56.19% YoY
FY 2023-24
Exp. Rank #26
Balance
+9,430.11
Exports
27,255.78 ₹ Cr
0.7533% share
−46.30% YoY
Imports
17,825.67 ₹ Cr
0.3174% share
+408.96% YoY
FY 2024-25
Exp. Rank #33
Balance
+8,113.20
Exports
21,182.41 ₹ Cr
0.5720% share
−22.28% YoY
Imports
13,069.21 ₹ Cr
0.2143% share
−26.68% YoY
CAGR · 7-Year
Exports
10.87% /yr
Imports
22.66% /yr
Consistently Surplus
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 17 Export-Import Analysis
HSN Chapter 17 Ranked #33 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 17 ranks #33 out of 97 chapters by total export value. By trade surplus, it ranks #23 of 97.
FY 2021-22 Was the Strongest Growth Year for HSN Chapter 17 Exports
The strongest single-year export movement for HSN Chapter 17 was recorded in FY 2021-22, when exports surged by 62.83% over the prior year.
India Maintains a Trade Surplus of ₹8,113.20 Crore in HSN Chapter 17 Goods
In FY 2024-25, India's exports of ₹21,182.41 Cr exceeded imports of ₹13,069.21 Cr, resulting in a trade surplus of ₹8,113.20 Crore — ranking #23 of 97 by surplus magnitude.
Import Growth of 22.66% CAGR Signals Rising Demand for Sugars and Sugar Confectionery
India's imports under HSN Chapter 17 have grown at 22.66% CAGR, reaching ₹13,069.21 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.