Consistent Export Growth: 22.85% CAGR Over 7 Years
India's exports under HSN Chapter 75 have grown at a compound annual rate of 22.85% over 7 fiscal years, rising from ₹464.88 Crore in FY 2018-19 to ₹1,597.71 Crore in FY 2024-25.
HSN Chapter 75 represents Nickel & Similar Articles under GST classification. This code helps businesses identify Nickel & Similar Articles correctly for billing, taxation, and trade purposes. With HSN Chapter 75, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel & Similar Articles.
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Following Sub Chapters fall under Nickel & Similar Articles:
Sub Chapter
New GST Rate
Old GST Rate
Description
Nickel mattes, nickel oxide sinters and other intermediate products of nickel metallurgy
Sub Chapter
New GST Rate
Old GST Rate
Description
Nickel bars, rods, profiles and wire
Sub Chapter
New GST Rate
Old GST Rate
Description
Nickel plates, sheets, strip and foil
Sub Chapter
New GST Rate
Old GST Rate
Description
Nickel tubes, pipes and tube or pipe fittings (for example, couplings, elbows, sleeves)
India’s Exports
FY 2024-25₹1,598 Cr
0.0431% of India’s total exports
India’s Imports
FY 2024-25₹10,446 Cr
0.1713% of India’s total imports
Trade Balance
FY 2024-25−₹8,848 Cr
Surplus rank #75 of 97 chapters
At a glance
22.85%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#78
National Export Rank
of 97 chapters by export value, FY 2024-25
+126.82%
Peak Growth Year
FY 2021-22 · strongest single-year move
3.4×
Export Growth · 7Y
₹464.88 Cr → ₹1,597.71 Cr
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−4,703.20
Exports
464.88 ₹ Cr
0.0202% share
— YoY
Imports
5,168.08 ₹ Cr
0.1438% share
— YoY
Balance
−4,896.18
Exports
653.25 ₹ Cr
0.0294% share
+40.52% YoY
Imports
5,549.43 ₹ Cr
0.1651% share
+7.38% YoY
Balance
−5,097.72
Exports
414.90 ₹ Cr
0.0192% share
−36.49% YoY
Imports
5,512.62 ₹ Cr
0.1891% share
−0.66% YoY
Balance
−7,002.05
Exports
941.06 ₹ Cr
0.0299% share
+126.82% YoY
Imports
7,943.11 ₹ Cr
0.1737% share
+44.09% YoY
Balance
−8,883.13
Exports
1,609.84 ₹ Cr
0.0445% share
+71.07% YoY
Imports
10,492.97 ₹ Cr
0.1825% share
+32.10% YoY
Balance
−9,734.57
Exports
1,366.79 ₹ Cr
0.0378% share
−15.10% YoY
Imports
11,101.36 ₹ Cr
0.1977% share
+5.80% YoY
Balance
−8,847.87
Exports
1,597.71 ₹ Cr
0.0431% share
+16.90% YoY
Imports
10,445.58 ₹ Cr
0.1713% share
−5.91% YoY
CAGR · 7-Year
Exports
22.85% /yr
Imports
12.44% /yr
India's exports under HSN Chapter 75 have grown at a compound annual rate of 22.85% over 7 fiscal years, rising from ₹464.88 Crore in FY 2018-19 to ₹1,597.71 Crore in FY 2024-25.
In FY 2024-25, HSN Chapter 75 ranks #78 out of 97 chapters by total export value. By trade surplus, it ranks #75 of 97.
The strongest single-year export movement for HSN Chapter 75 was recorded in FY 2021-22, when exports surged by 126.82% over the prior year.
In FY 2024-25, India's imports of ₹10,445.58 Cr exceeded exports of ₹1,597.71 Cr, resulting in a trade deficit of ₹8,847.87 Crore — ranking #75 of 97 by surplus magnitude.
India's imports under HSN Chapter 75 have grown at 12.44% CAGR, reaching ₹10,445.58 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.