Consistent Export Growth: 10.76% CAGR Over 7 Years
India's exports under HSN Chapter 83 have grown at a compound annual rate of 10.76% over 7 fiscal years, rising from ₹4,453.66 Crore in FY 2018-19 to ₹8,222.98 Crore in FY 2024-25.
HSN Chapter 83 represents Miscellaneous Base Metal Articles under GST classification. This code helps businesses identify Miscellaneous Base Metal Articles correctly for billing, taxation, and trade purposes. With HSN Chapter 83, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Miscellaneous Base Metal Articles.
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Following Sub Chapters fall under Miscellaneous Base Metal Articles:
Sub Chapter
New GST Rate
Old GST Rate
Description
Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys for any of the foregoing articles, of base metal
Sub Chapter
New GST Rate
Old GST Rate
Description
Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like; base metal hat-racks, hat-pegs, brackets and similar fixtures; castors with mountings of base metal; automatic door closers of base metal
Sub Chapter
New GST Rate
Old GST Rate
Description
Armoured or reinforced safes, strong-boxes and doors and safe deposit lockers for strong-rooms, cash or deed boxes and the like, of base metal
Sub Chapter
New GST Rate
Old GST Rate
Description
Filing, cabinets, card-index cabinets, paper trays, paper rests, pen trays, office-stamp stands and similar office or desk equipment, of base metal, other than office furniture of heading 9403
Sub Chapter
New GST Rate
Old GST Rate
Description
Filing, cabinets, card-index cabinets, paper trays, paper rests, pen trays, office-stamp stands and similar office or desk equipment, of base metal, other than office furniture of heading 9403
Sub Chapter
New GST Rate
Old GST Rate
Description
Bells, gongs and the like, non-electric, of base metal; statuettes and other ornaments, of base metal; photograph, picture or similar frames, of base metal; mirrors of base metal
Sub Chapter
New GST Rate
Old GST Rate
Description
Flexible tubing of base metal, with or without fittings
Sub Chapter
New GST Rate
Old GST Rate
Description
Clasps, frames with clasps, buckles, buckleclasps, hooks, eyes, eyelets and the like, of base metal, of a kind used for clothing, footwear, awnings, handbags, travel goods or other made up articles; tubular or bifurcated rivets, of base metal; beads and spangles, of base metals
Sub Chapter
New GST Rate
Old GST Rate
Description
Stoppers, caps and lids (including crown corks, screw caps and pouring stoppers), capsules for bottles, threaded bungs, bung covers, seals and other packing accessories, of base metal
Sub Chapter
New GST Rate
Old GST Rate
Description
Sign-plates, name-plates, address-plates and similar plates, numbers, letters and other symbols, of base metal, excluding those of heading 9405
Sub Chapter
New GST Rate
Old GST Rate
Description
Wire, rods, tubes, plates, electrodes and similar products, of base metal or of metal carbides, coated or cored with flux material, of a kind used for soldering, brazing, welding or deposition of metal or of metal carbides; wire and rods, of agglomerated base metal powder, used for metal spraying
India’s Exports
FY 2024-25₹8,223 Cr
0.2220% of India’s total exports
India’s Imports
FY 2024-25₹10,642 Cr
0.1745% of India’s total imports
Trade Balance
FY 2024-25−₹2,419 Cr
Surplus rank #59 of 97 chapters
At a glance
10.76%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#53
National Export Rank
of 97 chapters by export value, FY 2024-25
+35.62%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.8×
Export Growth · 7Y
₹4,453.66 Cr → ₹8,222.98 Cr
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2,456.74
Exports
4,453.66 ₹ Cr
0.1931% share
— YoY
Imports
6,910.40 ₹ Cr
0.1923% share
— YoY
Balance
−1,997.98
Exports
4,629.75 ₹ Cr
0.2087% share
+3.95% YoY
Imports
6,627.73 ₹ Cr
0.1972% share
−4.09% YoY
Balance
−426.34
Exports
5,049.71 ₹ Cr
0.2340% share
+9.07% YoY
Imports
5,476.05 ₹ Cr
0.1878% share
−17.38% YoY
Balance
−1,612.41
Exports
6,848.63 ₹ Cr
0.2177% share
+35.62% YoY
Imports
8,461.04 ₹ Cr
0.1850% share
+54.51% YoY
Balance
−2,960.27
Exports
6,908.74 ₹ Cr
0.1908% share
+0.88% YoY
Imports
9,869.01 ₹ Cr
0.1716% share
+16.64% YoY
Balance
−2,682.92
Exports
7,301.33 ₹ Cr
0.2018% share
+5.68% YoY
Imports
9,984.25 ₹ Cr
0.1778% share
+1.17% YoY
Balance
−2,419.20
Exports
8,222.98 ₹ Cr
0.2220% share
+12.62% YoY
Imports
10,642.18 ₹ Cr
0.1745% share
+6.59% YoY
CAGR · 7-Year
Exports
10.76% /yr
Imports
7.46% /yr
India's exports under HSN Chapter 83 have grown at a compound annual rate of 10.76% over 7 fiscal years, rising from ₹4,453.66 Crore in FY 2018-19 to ₹8,222.98 Crore in FY 2024-25.
In FY 2024-25, HSN Chapter 83 ranks #53 out of 97 chapters by total export value. By trade surplus, it ranks #59 of 97.
The strongest single-year export movement for HSN Chapter 83 was recorded in FY 2021-22, when exports surged by 35.62% over the prior year.
In FY 2024-25, India's imports of ₹10,642.18 Cr exceeded exports of ₹8,222.98 Cr, resulting in a trade deficit of ₹2,419.20 Crore — ranking #59 of 97 by surplus magnitude.
India's imports under HSN Chapter 83 have grown at 7.46% CAGR, reaching ₹10,642.18 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.