Consistent Export Growth: 19.01% CAGR Over 7 Years
India's exports under HSN Chapter 78 have grown at a compound annual rate of 19.01% over 7 fiscal years, rising from ₹2,819.98 Crore in FY 2018-19 to ₹8,013.14 Crore in FY 2024-25.
78 HSN Code: Lead & Articles
HSN Chapter 78 represents Lead & Articles under GST classification. This code helps businesses identify Lead & Articles correctly for billing, taxation, and trade purposes. With HSN Chapter 78, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lead & Articles.
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Sub-chapters under HSN Chapter 78
Following Sub Chapters fall under Lead & Articles:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Lead plates, sheets, strip and foil; lead powders and flakes
India’s Trade Performance — HSN Chapter 78 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₹8,013 Cr
+23.85%
vs FY 2023-24
0.2164% of India’s total exports
India’s Imports
FY 2024-25₹10,821 Cr
+19.40%
vs FY 2023-24
0.1774% of India’s total imports
Trade Balance
FY 2024-25−₹2,807 Cr
Trade Deficit
Surplus rank #63 of 97 chapters
At a glance
19.01%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#54
National Export Rank
of 97 chapters by export value, FY 2024-25
+66.96%
Peak Growth Year
FY 2023-24 · strongest single-year move
2.8×
Export Growth · 7Y
₹2,819.98 Cr → ₹8,013.14 Cr
India Export-Import Trade Statistics for HSN Chapter 78
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 #66
Balance
−2,655.51
Exports
2,819.98 ₹ Cr
0.1223% share
— YoY
Imports
5,475.49 ₹ Cr
0.1523% share
— YoY
FY 2019-20
Exp. Rank #65
Balance
−2,350.09
Exports
2,642.25 ₹ Cr
0.1191% share
−6.30% YoY
Imports
4,992.34 ₹ Cr
0.1486% share
−8.82% YoY
FY 2020-21
Exp. Rank #69
Balance
−2,003.73
Exports
2,584.55 ₹ Cr
0.1198% share
−2.18% YoY
Imports
4,588.28 ₹ Cr
0.1574% share
−8.09% YoY
FY 2021-22
Exp. Rank #66
Balance
−1,242.74
Exports
4,054.25 ₹ Cr
0.1288% share
+56.86% YoY
Imports
5,296.99 ₹ Cr
0.1158% share
+15.45% YoY
FY 2022-23
Exp. Rank #65
Balance
−2,395.72
Exports
3,875.25 ₹ Cr
0.1070% share
−4.42% YoY
Imports
6,270.97 ₹ Cr
0.1091% share
+18.39% YoY
FY 2023-24
Exp. Rank #55
Balance
−2,592.57
Exports
6,470.06 ₹ Cr
0.1788% share
+66.96% YoY
Imports
9,062.63 ₹ Cr
0.1614% share
+44.52% YoY
FY 2024-25
Exp. Rank #54
Balance
−2,807.38
Exports
8,013.14 ₹ Cr
0.2164% share
+23.85% YoY
Imports
10,820.52 ₹ Cr
0.1774% share
+19.40% YoY
CAGR · 7-Year
Exports
19.01% /yr
Imports
12.02% /yr
Consistently Deficit
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 78 Export-Import Analysis
HSN Chapter 78 Ranked #54 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 78 ranks #54 out of 97 chapters by total export value. By trade surplus, it ranks #63 of 97.
FY 2023-24 Was the Strongest Growth Year for HSN Chapter 78 Exports
The strongest single-year export movement for HSN Chapter 78 was recorded in FY 2023-24, when exports surged by 66.96% over the prior year.
India Records a Trade Deficit of ₹2,807.38 Crore in HSN Chapter 78 Goods
In FY 2024-25, India's imports of ₹10,820.52 Cr exceeded exports of ₹8,013.14 Cr, resulting in a trade deficit of ₹2,807.38 Crore — ranking #63 of 97 by surplus magnitude.
Import Growth of 12.02% CAGR Signals Rising Demand for Lead & Articles
India's imports under HSN Chapter 78 have grown at 12.02% CAGR, reaching ₹10,820.52 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.