Consistent Export Growth: 16.61% CAGR Over 7 Years
India's exports under HSN Chapter 20 have grown at a compound annual rate of 16.61% over 7 fiscal years, rising from ₹4,120.53 Crore in FY 2018-19 to ₹10,359.29 Crore in FY 2024-25.
20 HSN Code: Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants
HSN Chapter 20 represents Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants under GST classification. This code helps businesses identify Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants correctly for billing, taxation, and trade purposes. With HSN Chapter 20, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants.
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Sub-chapters under HSN Chapter 20
Following Sub Chapters fall under Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Vegetables, fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid
Sub Chapter
New GST Rate
0
%
Exempted
Old GST Rate
12
%
Description
Tomatoes prepared or preserved otherwise than by vinegar or acetic acid
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Mushrooms and truffles, prepared or preserved otherwise than by vinegar or acetic acid
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Other vegetables prepared or preserved otherwise than by vinegar or acetic acid, frozen, other than products of heading 2006
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Other vegetables prepared or preserved otherwise than by vinegar or acetic acid, not frozen, other than products of heading 2006
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Vegetables, fruits, nuts, fruit-peel and other parts of plants, preserved by sugar (drained, glace or crystallised)
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Jams, fruit jellies, marmalades, fruit or nut puree and fruit or nut pastes,obtained by cooking, whether or not containing added sugar or other sweetening matter
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Fruit, nuts and other edible parts of plants, otherwise prepared or preserved,whether or not containing added sugar or other sweetening matter or spirit, not elsewhere specified or included
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Fruit or nut juices (including grape must and coconut water) and vegetable juices, unfermented and not containing added spirit, whether or not containing added sugar or other sweetening matter
India’s Trade Performance — HSN Chapter 20 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₹10,359 Cr
+8.23%
vs FY 2023-24
0.2797% of India’s total exports
India’s Imports
FY 2024-25₹1,505 Cr
+28.58%
vs FY 2023-24
0.0247% of India’s total imports
Trade Balance
FY 2024-25₹8,854 Cr
Trade Surplus
Surplus rank #22 of 97 chapters
At a glance
16.61%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#48
National Export Rank
of 97 chapters by export value, FY 2024-25
+34.25%
Peak Growth Year
FY 2022-23 · strongest single-year move
2.5×
Export Growth · 7Y
₹4,120.53 Cr → ₹10,359.29 Cr
India Export-Import Trade Statistics for HSN Chapter 20
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 #56
Balance
+3,298.00
Exports
4,120.53 ₹ Cr
0.1786% share
— YoY
Imports
822.53 ₹ Cr
0.0229% share
— YoY
FY 2019-20
Exp. Rank #53
Balance
+3,636.19
Exports
4,427.48 ₹ Cr
0.1996% share
+7.45% YoY
Imports
791.29 ₹ Cr
0.0235% share
−3.80% YoY
FY 2020-21
Exp. Rank #53
Balance
+4,554.46
Exports
5,203.05 ₹ Cr
0.2411% share
+17.52% YoY
Imports
648.59 ₹ Cr
0.0222% share
−18.03% YoY
FY 2021-22
Exp. Rank #56
Balance
+4,608.63
Exports
5,605.69 ₹ Cr
0.1782% share
+7.74% YoY
Imports
997.06 ₹ Cr
0.0218% share
+53.73% YoY
FY 2022-23
Exp. Rank #52
Balance
+6,328.02
Exports
7,525.40 ₹ Cr
0.2078% share
+34.25% YoY
Imports
1,197.38 ₹ Cr
0.0208% share
+20.09% YoY
FY 2023-24
Exp. Rank #48
Balance
+8,400.78
Exports
9,571.24 ₹ Cr
0.2645% share
+27.19% YoY
Imports
1,170.46 ₹ Cr
0.0208% share
−2.25% YoY
FY 2024-25
Exp. Rank #48
Balance
+8,854.31
Exports
10,359.29 ₹ Cr
0.2797% share
+8.23% YoY
Imports
1,504.98 ₹ Cr
0.0247% share
+28.58% YoY
CAGR · 7-Year
Exports
16.61% /yr
Imports
10.59% /yr
Consistently Surplus
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 20 Export-Import Analysis
HSN Chapter 20 Ranked #48 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 20 ranks #48 out of 97 chapters by total export value. By trade surplus, it ranks #22 of 97.
FY 2022-23 Was the Strongest Growth Year for HSN Chapter 20 Exports
The strongest single-year export movement for HSN Chapter 20 was recorded in FY 2022-23, when exports surged by 34.25% over the prior year.
India Maintains a Trade Surplus of ₹8,854.31 Crore in HSN Chapter 20 Goods
In FY 2024-25, India's exports of ₹10,359.29 Cr exceeded imports of ₹1,504.98 Cr, resulting in a trade surplus of ₹8,854.31 Crore — ranking #22 of 97 by surplus magnitude.
Import Growth of 10.59% CAGR Signals Rising Demand for Preparations of Vegetables, Fruits, Nuts or Other Parts of Plants
India's imports under HSN Chapter 20 have grown at 10.59% CAGR, reaching ₹1,504.98 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.