Consistent Export Growth: 11.34% CAGR Over 7 Years
India's exports under HSN Chapter 35 have grown at a compound annual rate of 11.34% over 7 fiscal years, rising from ₹1,762.65 Crore in FY 2018-19 to ₹3,357.86 Crore in FY 2024-25.
35 HSN Code: Albuminoidal Substances, Modified Starches, Glues, Enzymes
HSN Chapter 35 represents Albuminoidal Substances, Modified Starches, Glues, Enzymes under GST classification. This code helps businesses identify Albuminoidal Substances, Modified Starches, Glues, Enzymes correctly for billing, taxation, and trade purposes. With HSN Chapter 35, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Albuminoidal Substances, Modified Starches, Glues, Enzymes.
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Sub-chapters under HSN Chapter 35
Following Sub Chapters fall under Albuminoidal Substances, Modified Starches, Glues, Enzymes:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Casein, caseinates and other casein derivatives; casein glues
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Albumins (including concentrates of two or more whey proteins, containing by weight more than 80% whey proteins,calculated on the dry matter),albuminates and other albumin derivatives
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
18
%
Description
Gelatin [including gelatin in rectangular (including square) sheets, whether or notsurface-worked or coloured] and gelatin derivatives; isinglass; other glues of animal origin, excluding casein glues of heading 3501
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Peptones and their derivatives; other protein substances and their derivatives,not elsewhere specified or included; hide powder, whether or not chromed
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
18
%
Description
Dextrins and other modified starches (for example, pregelatinised or esterified starches); glues based on starches, or on dextrins or other modified starches
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Prepared glues and other prepared adhesives, not elsewhere specified or included; products suitable for use as glues or adhesives, put up for retail sale as glues or adhesives, not exceeding a net weight of 1 kg
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Enzymes; prepared enzymes not elsewhere specified or included
India’s Trade Performance — HSN Chapter 35 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₹3,358 Cr
+7.26%
vs FY 2023-24
0.0907% of India’s total exports
India’s Imports
FY 2024-25₹8,238 Cr
+16.56%
vs FY 2023-24
0.1351% of India’s total imports
Trade Balance
FY 2024-25−₹4,880 Cr
Trade Deficit
Surplus rank #69 of 97 chapters
At a glance
11.34%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#72
National Export Rank
of 97 chapters by export value, FY 2024-25
+46.32%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.9×
Export Growth · 7Y
₹1,762.65 Cr → ₹3,357.86 Cr
India Export-Import Trade Statistics for HSN Chapter 35
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 #72
Balance
−1,861.03
Exports
1,762.65 ₹ Cr
0.0764% share
— YoY
Imports
3,623.68 ₹ Cr
0.1008% share
— YoY
FY 2019-20
Exp. Rank #73
Balance
−2,302.75
Exports
1,582.14 ₹ Cr
0.0713% share
−10.24% YoY
Imports
3,884.89 ₹ Cr
0.1156% share
+7.21% YoY
FY 2020-21
Exp. Rank #71
Balance
−2,170.21
Exports
1,862.94 ₹ Cr
0.0863% share
+17.75% YoY
Imports
4,033.15 ₹ Cr
0.1383% share
+3.82% YoY
FY 2021-22
Exp. Rank #71
Balance
−3,279.97
Exports
2,725.84 ₹ Cr
0.0866% share
+46.32% YoY
Imports
6,005.81 ₹ Cr
0.1313% share
+48.91% YoY
FY 2022-23
Exp. Rank #67
Balance
−3,290.70
Exports
3,609.20 ₹ Cr
0.0997% share
+32.41% YoY
Imports
6,899.90 ₹ Cr
0.1200% share
+14.89% YoY
FY 2023-24
Exp. Rank #71
Balance
−3,937.03
Exports
3,130.71 ₹ Cr
0.0865% share
−13.26% YoY
Imports
7,067.74 ₹ Cr
0.1259% share
+2.43% YoY
FY 2024-25
Exp. Rank #72
Balance
−4,880.40
Exports
3,357.86 ₹ Cr
0.0907% share
+7.26% YoY
Imports
8,238.26 ₹ Cr
0.1351% share
+16.56% YoY
CAGR · 7-Year
Exports
11.34% /yr
Imports
14.67% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 35 Export-Import Analysis
HSN Chapter 35 Ranked #72 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 35 ranks #72 out of 97 chapters by total export value. By trade surplus, it ranks #69 of 97.
FY 2021-22 Was the Strongest Growth Year for HSN Chapter 35 Exports
The strongest single-year export movement for HSN Chapter 35 was recorded in FY 2021-22, when exports surged by 46.32% over the prior year.
India Records a Trade Deficit of ₹4,880.40 Crore in HSN Chapter 35 Goods
In FY 2024-25, India's imports of ₹8,238.26 Cr exceeded exports of ₹3,357.86 Cr, resulting in a trade deficit of ₹4,880.40 Crore — ranking #69 of 97 by surplus magnitude.
Import Growth of 14.67% CAGR Signals Rising Demand for Albuminoidal Substances, Modified Starches, Glues, Enzymes
India's imports under HSN Chapter 35 have grown at 14.67% CAGR, reaching ₹8,238.26 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.