Consistent Export Growth: 9.03% CAGR Over 7 Years
India's exports under HSN Chapter 22 have grown at a compound annual rate of 9.03% over 7 fiscal years, rising from ₹2,277.58 Crore in FY 2018-19 to ₹3,826.42 Crore in FY 2024-25.
HSN Chapter 22 represents Beverages, Spirits and Vinegar under GST classification. This code helps businesses identify Beverages, Spirits and Vinegar correctly for billing, taxation, and trade purposes. With HSN Chapter 22, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Beverages, Spirits and Vinegar.
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Following Sub Chapters fall under Beverages, Spirits and Vinegar:
Sub Chapter
New GST Rate
Old GST Rate
Description
Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured; ice and snow
Sub Chapter
New GST Rate
Old GST Rate
Description
Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured,and other non-alcoholic beverages, not including fruit or vegetable juices of heading 2009
Sub Chapter
New GST Rate
Old GST Rate
Description
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
Sub Chapter
New GST Rate
Old GST Rate
Description
Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances
Sub Chapter
New GST Rate
Old GST Rate
Description
Other fermented beverages (for example, cider, perry, mead); mixtures of fermented beverages and non-alcoholic beverages, not elsewhere specified or included
Sub Chapter
New GST Rate
Old GST Rate
Description
Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. or higher; ethyl alcohol and other spirits, denatured, of any strength
Sub Chapter
New GST Rate
Old GST Rate
Description
Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80% vol.; spirit, liqueurs and other spiritnous beverages
Sub Chapter
New GST Rate
Old GST Rate
Description
Vinegar and substitutes for vinegar obtained from acetic acid
India’s Exports
FY 2024-25₹3,826 Cr
0.1033% of India’s total exports
India’s Imports
FY 2024-25₹11,616 Cr
0.1905% of India’s total imports
Trade Balance
FY 2024-25−₹7,790 Cr
Surplus rank #73 of 97 chapters
At a glance
9.03%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#69
National Export Rank
of 97 chapters by export value, FY 2024-25
+45.55%
Peak Growth Year
FY 2020-21 · strongest single-year move
1.7×
Export Growth · 7Y
₹2,277.58 Cr → ₹3,826.42 Cr
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−3,232.57
Exports
2,277.58 ₹ Cr
0.0987% share
— YoY
Imports
5,510.15 ₹ Cr
0.1533% share
— YoY
Balance
−3,827.40
Exports
1,805.51 ₹ Cr
0.0814% share
−20.73% YoY
Imports
5,632.91 ₹ Cr
0.1676% share
+2.23% YoY
Balance
−2,210.25
Exports
2,627.96 ₹ Cr
0.1218% share
+45.55% YoY
Imports
4,838.21 ₹ Cr
0.1659% share
−14.11% YoY
Balance
−4,153.68
Exports
2,391.20 ₹ Cr
0.0760% share
−9.01% YoY
Imports
6,544.88 ₹ Cr
0.1431% share
+35.27% YoY
Balance
−5,494.06
Exports
3,016.28 ₹ Cr
0.0833% share
+26.14% YoY
Imports
8,510.34 ₹ Cr
0.1480% share
+30.03% YoY
Balance
−9,045.12
Exports
3,738.90 ₹ Cr
0.1033% share
+23.96% YoY
Imports
12,784.02 ₹ Cr
0.2276% share
+50.22% YoY
Balance
−7,790.03
Exports
3,826.42 ₹ Cr
0.1033% share
+2.34% YoY
Imports
11,616.45 ₹ Cr
0.1905% share
−9.13% YoY
CAGR · 7-Year
Exports
9.03% /yr
Imports
13.24% /yr
India's exports under HSN Chapter 22 have grown at a compound annual rate of 9.03% over 7 fiscal years, rising from ₹2,277.58 Crore in FY 2018-19 to ₹3,826.42 Crore in FY 2024-25.
In FY 2024-25, HSN Chapter 22 ranks #69 out of 97 chapters by total export value. By trade surplus, it ranks #73 of 97.
The strongest single-year export movement for HSN Chapter 22 was recorded in FY 2020-21, when exports surged by 45.55% over the prior year.
In FY 2024-25, India's imports of ₹11,616.45 Cr exceeded exports of ₹3,826.42 Cr, resulting in a trade deficit of ₹7,790.03 Crore — ranking #73 of 97 by surplus magnitude.
India's imports under HSN Chapter 22 have grown at 13.24% CAGR, reaching ₹11,616.45 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.