Consistent Export Growth: 10.51% CAGR Over 7 Years
India's exports under HSN Chapter 38 have grown at a compound annual rate of 10.51% over 7 fiscal years, rising from ₹32,396.59 Crore in FY 2018-19 to ₹59,002.97 Crore in FY 2024-25.
38 HSN Code: Miscellaneous Chemical Products
HSN Chapter 38 represents Miscellaneous Chemical Products under GST classification. This code helps businesses identify Miscellaneous Chemical Products correctly for billing, taxation, and trade purposes. With HSN Chapter 38, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Miscellaneous Chemical Products.
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Sub-chapters under HSN Chapter 38
Following Sub Chapters fall under Miscellaneous Chemical Products:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Artificial graphite; colloidal or semicolloidal graphite; preparations based on graphite or other carbon in the form of pastes, blocks, plates or other semi-manufactures
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Activated carbon; activated natural mineral products; animal black, including spent animal black
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Tall Oil, whether or not refined
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Residual lyes for the manufacture of wood pulp, whether or not concentrated, desugared or chemically treated, including lignin sulphonates, but excluding tall oil of heading 3803
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Gum, wood or sulphate turpentine and other terpenic oils produced by the distillation or other treatment of coniferous woods; crude dipentene; sulphite turpentine and other crude paracymene; pine oil containing alphaterpineol as the main constituent
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Rosin and resin acids, and derivatives thereof; rosin spirit and rosin oils; run gums
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Wood tar; wood tar oils; wood creosote; wood naphtha; vegetable pitch; brewers’ pitch and similar preparations based on rosin, resin acids or on vegetable pitch
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (for example, sulphur-treated bands, wicks and candles, and fly-papers)
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Finishing agents, dye carriers to accelerate the dyeing or fixing of dyestuffs and other products and preparations (for example, dressings and mordants), of a kind used in the textile, paper, leather or like industries, not elsewhere specified or included
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Pickling preparations for metal surfaces; fluxes and other auxiliary preparations for soldering, brazing or welding; soldering, brazing or welding powders and pastes consisting of metal and other materials; preparations of a kind used as cores or coatings for welding electrodes or rods
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Prepared rubber accelerators; compound plasticisers for rubber or plastics, not elsewhere specified or included; antioxidising preparations and other compound stabilisers for rubber or plastics
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Preparations and charges for fire-extinguishers; charged fire-extinguishing grenades
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Organic composite solvents and thinners, not elsewhere specified or included; prepared paint or varnish removers
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Reaction initiators, reaction accelerators and catalytic preparations, not elsewhere specified or included
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
5
%
Description
Refractory cements, mortars, concretes and similar compositions, including dolomite ramming mix, other than products of heading 3801
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Mixed alkylbenzenes and mixed alkylnaphthalenes, other than those of heading 2707 or 2902
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Chemical elements doped for use in electronics, in the form of discs, wafers or similar forms; chemical compounds doped for use in electronics
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Hydraulic brake fluids and other prepared liquids for hydraulic transmission, not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Anti-freezing preparations and prepared de-icing fluids
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Prepared culture media for development or maintenance of micro-organism (including viruses and the like) or of plant human or animal cells
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether or not on a backing, whether or not put up in the form of kits, other than those of heading 3006; certified reference materials
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Prepared binders for foundry moulds or cores; chemical products and preparations of the chemical or allied industries (including those consisting of mixtures of natural products), not elsewhere specified or included
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Residual products of the chemical or allied industries, not elsewhere specified or included; municipal waste; sewage sludge; other wastes specified in note 6 to this chapter
Sub Chapter
New GST Rate
5
%
Essential
Old GST Rate
12
%
Description
Biodiesel and mixtures thereof, not containing or containing less than 70 % by weight of petroleum oils and oils obtained from bituminous minerals
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Mixtures containing halogenated derivatives of methane, ethane or propane, not elsewhere specified or included
India’s Trade Performance — HSN Chapter 38 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₹59,003 Cr
+8.35%
vs FY 2023-24
1.5932% of India’s total exports
India’s Imports
FY 2024-25₹67,746 Cr
+10.18%
vs FY 2023-24
1.1109% of India’s total imports
Trade Balance
FY 2024-25−₹8,743 Cr
Trade Deficit
Surplus rank #74 of 97 chapters
At a glance
10.51%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#14
National Export Rank
of 97 chapters by export value, FY 2024-25
+38.35%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.8×
Export Growth · 7Y
₹32,396.59 Cr → ₹59,002.97 Cr
India Export-Import Trade Statistics for HSN Chapter 38
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 #19
Balance
−9,351.57
Exports
32,396.59 ₹ Cr
1.4045% share
— YoY
Imports
41,748.16 ₹ Cr
1.1615% share
— YoY
FY 2019-20
Exp. Rank #17
Balance
−3,406.51
Exports
35,662.93 ₹ Cr
1.6076% share
+10.08% YoY
Imports
39,069.44 ₹ Cr
1.1625% share
−6.42% YoY
FY 2020-21
Exp. Rank #19
Balance
−7,438.38
Exports
37,886.06 ₹ Cr
1.7554% share
+6.23% YoY
Imports
45,324.44 ₹ Cr
1.5544% share
+16.01% YoY
FY 2021-22
Exp. Rank #16
Balance
−6,218.31
Exports
52,415.70 ₹ Cr
1.6658% share
+38.35% YoY
Imports
58,634.01 ₹ Cr
1.2823% share
+29.37% YoY
FY 2022-23
Exp. Rank #13
Balance
−2,473.79
Exports
63,282.19 ₹ Cr
1.7478% share
+20.73% YoY
Imports
65,755.98 ₹ Cr
1.1436% share
+12.15% YoY
FY 2023-24
Exp. Rank #16
Balance
−7,031.63
Exports
54,454.42 ₹ Cr
1.5050% share
−13.95% YoY
Imports
61,486.05 ₹ Cr
1.0948% share
−6.49% YoY
FY 2024-25
Exp. Rank #14
Balance
−8,743.28
Exports
59,002.97 ₹ Cr
1.5932% share
+8.35% YoY
Imports
67,746.25 ₹ Cr
1.1109% share
+10.18% YoY
CAGR · 7-Year
Exports
10.51% /yr
Imports
8.40% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 38 Export-Import Analysis
HSN Chapter 38 Ranked #14 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 38 ranks #14 out of 97 chapters by total export value. By trade surplus, it ranks #74 of 97.
FY 2021-22 Was the Strongest Growth Year for HSN Chapter 38 Exports
The strongest single-year export movement for HSN Chapter 38 was recorded in FY 2021-22, when exports surged by 38.35% over the prior year.
India Records a Trade Deficit of ₹8,743.28 Crore in HSN Chapter 38 Goods
In FY 2024-25, India's imports of ₹67,746.25 Cr exceeded exports of ₹59,002.97 Cr, resulting in a trade deficit of ₹8,743.28 Crore — ranking #74 of 97 by surplus magnitude.
Import Growth of 8.40% CAGR Signals Stable Import Dependency for Miscellaneous Chemical Products
India's imports under HSN Chapter 38 have grown at 8.40% CAGR, reaching ₹67,746.25 Crore in FY 2024-25.
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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.